Steem to trade against BTC, ETH & USD Tether on Huobi, one of China's largest Cryptocurrency Exchange

in steem •  7 months ago

Steem on Huobi.png

Huobi, one of the largest Chinese digital Exchange founded in Beijing has announced that it will be listing Steem on it's digital Marketplace allowing its Customers to directly purchase Steem through its platform

Steem will be trading against Bitcoin, Ethereum & USD Tether, and based on analysis any Altcoin that is widely traded will likely gain in price due to increase of popularity as the result of becoming a more liquid asset. It helps that Steem gets listed on several different Exchanges and it should be a reason to celebrate as our beloved Cryptocurrency gets more mainstream adoption

Here is the official Huobi statement

"Dear users, Steem (STEEM) will be launched on Huobi Pro on April 25, 2018 (GMT+8). Deposits will be available from 13:00, April 25 (GMT+8). STEEM/BTC, STEEM/ETH and STEEM/USDT trading will be available at Main Zone from 13:00, April 26, 2018 (GMT+8). Withdrawals will be available from 13:00, April 28 2018 (GMT+8)''

Nothing, could expand trading opportunities for an Altcoin more than having their trading pairs expanded by a reputable Cryptocurrency exchange, so ''hurrah'' for Huobi listing Steem as it will lead to greater demand for the digital currency and also help increase the overal trade volume of Steem's liquid Market

This gives us more options to buy/sell Steem on several different platforms, meaning that we no longer have to depend on a handful of Exchanges, as users have more choices when it comes to picking a preferred platform to buy or sell Steem

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Some really positive news. Even OmiseGo got launcehd over in Bitumb and is enjoying its spike!

this is excellent news mate!

Happy to hear about this. Congratulations to all of us! We are getting there, but by bit, we shall dominate the whole cryptoverse. Kudos to marketers.

@eurogee of @euronation community

Great news, new exchanges are always good :)
Thanks for sharing

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BTCBitcoin8814.180$-7.96%7.75%
ETHEthereum618.545$-8.86%16.88%
STEEMSteem4.060$23.87%34.84%
USDTTether0.996$-0.86%-0.18%
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