Huobi Exchange Brings Its Global Business to Canada
Huobi’s global strategy brings an HQ to Toronto, Canada. Now, it’s time for Canadians to reap the benefits from Huobi’s global-meets-local approach.
Being the world’s third-largest crypto exchange is no small feat, but this can only be achieved by not losing the sight of individual countries that make up this global mosaic. Singapore-based Huobi crypto exchange has surely solved this problem, managing to cover truly global grounds without ever losing focus of the needs of its customers in specific countries.
Now, it’s time for Canada to reap the benefits from its global-meets-local approach.Interviewed at the 4th Annual National FinTech Conference in Canada, Ross Zhang, CEO of Huobi Canada, presented his company’s strategy of reconciling global perspectives with the local crypto market’s demands. With its volume traded at $1 billion per day on average, Huobi brings its truly global infrastructure to Canadian cryptocurrency market after it has successfully established itself on Chinese, Japanese, South Korean, Singaporean and Australian markets.Zhang names Canadian openness to all things crypto as one of the reasons for this business move, alongside with the existence of significant communities of crypto enthusiasts in the homeland of Ethereum.
“There is a lot of synergy between Houbi and the communities in Canada so that’s why we chose Canada as an important part of global expansion. What I want to bring to Canada and Canadian customers is our global experiences, global technology and products”, says Zhang.
While the Huobi Group was established only in 2013, it soon expanded to become a number one crypto trading platform in China in the following year. To Canada, Huobi will bring its major advantages over the competing exchanges, one of them being the company’s liquidity which draws strength from its global outreach and massive assets which act as an internal insurance system which protects the traders and investors.
Those wanting to try their luck and skill with trading w will surely welcome Huobi’s native OTC (over-the-counter) system for peer-to-peer trading which occurs at no transaction fee. What keeps company afloat are actually the fees which are reserved only for high-volume trading and the support it provides with finding buyers or sellers.At the same time, the platform offers support for several payment methods, including PayPal, Interac and wire transfer.
Traders will have a lot to sink their teeth into as well, since Huobi supports more than 200 trading pairs and over 140 coins, including Huobi’s own token. At the same time, most of the assets they earn in this manner will be kept in cold (offline) storage for better security, with hot storage reserved only for a fraction of them.Canadian customers also have access to the promotional programs which bring both parties $20 for a successful referral, with plans for organizing airdrops being considered now.
Since Huobi wants to act as a local crypto trading gateway for Canadian communities, the more agile users who want to become Huobi’s advocates and promoters can become its official partners under the Super Elites (which is already active in Toronto and Vancouver) or the Houbi Knights program.Check this interview to see how you can profit from Huobi’s expansion into Canada and learn more about the company’s future plans.