Huobi, one of the largest kryptomere in the world, has shown excellent results in the past year, despite the bearish trend of the stock market.
In its press release the crypto currency exchange has reported 100% growth in trading volume over the last year. The Singapore company said, a few well-chosen business strategy had a positive impact on its growth and influence in the community.
Despite previous reports, which indicated a significant reduction of their workforce to maintain profitability in the midst of a crisis of 2018, the team Huobi over the past year tripled the number of staff increasing from 400 to more than 1,300 people by 2019.
The exchange has offices in 12 countries. Currently there are two parallel platforms, which operate by different normative rules. First, Huobi Global, ranked in the top 20 according to the website Coinmarketcap, and serves clients around the world. Second, Huobi US controlled Holdco Inc, was licensed in the United States and serves the citizens of this country.
The expansion of trade in Huobi
In addition to the growth of their core services into the crypto business, the company has one of the largest platforms in the world of OTC trading. Newly-launched Cloud service Huobi has brought the company considerable profit, with more than 100 corporate partners worldwide.
It is also important to note that the company on 5 February launched a service crypto-Fiat trading, announcing that now its users can buy Bitcoin, Ethereum and USDT for American dollars.
In the announcement it was announced the rally, in which the first 500 new users, who discovered a purse in USD, will receive a gift of $20 just for the fact that they used the services of Huobi.
The promotion applies only to users who authenticated above the second level, in accordance with the KYC and AML policy of the company.
According to Coinmarketcap, over the past 24 hours and Huobi is Global trading volume of more than $218 million In the last 24 hours, the exchange has seen an increasing amount of by 12.67%.
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