Huobi Opens Trade Platform in Australia

July 6, 2018

China’s crypto exchange Huobi that is now ranked fourth by daily trade volume has announced launching its Australian platform Huobi Australia.

Currently the new platform allows for buying and selling 10 cryptocurrencies for Australian dollar. The list of available digital currencies includes BTC, ETH, BCH, LTC, ETC. the statement by Huobi says that Huobi Australia is going to have new pairs soon.

“Crypto-traders in Australia are increasingly knowledgeable and sophisticated, matched by a receptive regulator with interest in safely developing the market”, said Huobi Australia CEO Adrian Harrison.

In 2018 growing number of exchanges open their offices in various countries. As for Huobi, it did so in London last week and will start trade in the third quarter, Binance has moved to Malta while Coinbase declared its plans to come to the Japan’s market left by Huobi.

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