Cryptocurrency exchange Huobi has earned about 483 million dollars in commissions from commercial transactions for the whole of 2018. It’s even more than the Binance and OKEx. Recall that the last two exchanges occupy the first place in trading volume in the stock market.
Data about the success of Huobi gave the Korean news portal Sporbiz. According to journalists, Binance in 2018 earned 462 million us dollars, the second largest exchanger OKEx — 292 million dollars. In the report, the experts took into account income only from commissions.
Who got rich at the fall of Bitcoin
The average trading volume during 24 hours on Huobi is approximately $ 300 million. However, the exchange ranks 7th on trading momentum in the rating of Coinmarketcap.
It is noteworthy that even such a huge amount of manual Huobi not going down on “unnecessary things”. The company is very serious about security and well-being of their clients. About it journalists were told by the CEO of Huobi Livio Weng, trip stage Inn.
We don’t know how long it will last bear market. Still there is a possibility that in the future it will be difficult to survive. We must plan their actions in advance and carefully manage their assets.
Recall that in late November, the management of the trading platform has launched its own platform for derivatives trading Huobi Derivative Market. Then the Consul General of the Global Institutional Team Joshua Goodbody noted that a service has huge potential for development, as it combines conventional trading cryptocurrency exchange derivatives.
It seems the word Joshua was really prophetic for two months of existence, the total trade volume on Huobi DM has reached $ 20 billion. However, yesterday, the exchange has “heap” in an unfortunate incident — one of her customers accused the leadership of Huobi in the theft of funds.
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