HBUS Opens For Business, Bring On The Traders

Huobi's US Strategic Partner, HBUS, has opened the gates and started trading.

HOUBI

HBUS has announced in a press release that they have opened trading on their platform on July 10.

A New US Platform

Huobi’s new strategic partner in the US, San Francisco-based HBUS, was first unveiled in June of this year.

As of 10 AM Pacific time, HBUS has gone live for trading. The exchange supports 22 cryptocurrencies, including big names like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC), Bitcoin Cash (BCH), and Tether (USDT).

Huobi’s new platform also gives users an overview of market data for listed cryptocurrencies, displaying these in candlestick and depth charts.

While trading has been opened in the United States, a few locales are currently excluded from trading. These are the states of Alabama, Connecticut, Georgia, Louisiana, New York, North Carolina, Hawaii, Vermont, and Washington.

Expanding to other Markets

World Map BlockchainLast July 5, Huobi also revealed trading had also started on their Australian platform. The firm also recently revealed their new London-based operation that targets the European market. They expect over-the-counter (OTC) trading tests to start by the year’s third quarter.

The Singaporean company has also started expanding across Asia, with the launch of a South Korean subsidiary early this year beside their existing Japan and Hong Kong operations.

One of the largest cryptocurrency exchanges in the world, Huobi is currently ranked third by trading volume, seeing around $823 million n trades over a 24 hour period.

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