Huobi to Launch Company’s First Exchange Dedicated to EOS in Q1 2019

[ZionRTZ]

Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to a press release sent to Cointelegraph on Dec. 29.

The exchange will be reportedly launched by Huobi Pool, the group’s cryptocurrency mining arm. Cao Fei, the CEO of Huobi Pool, described the launch of the EOS exchange as “the next logical step in our support” as an EOS Block Producer (BP).

The release states that the exchange will allow clients to trade in the altcoin EOS against several other cryptocurrencies.

Huobi is currently the third-ranked crypto exchange based on the volume on CoinMarketCap, with around $774 million in 24 hour volume at press time.

As Cointelegraph reported, the exchange recently also announced support for EOS on its derivative market. The daily traded volume on Huobi’s cryptocurrency derivative market also reportedly recently broke $1 billion.

The company’s derivative market had been launched only about a month before, at the end of November. The advantage that the company stressed when presenting the market at the Cryptofrontiers conference is that it allows customers to take both short and long positions.

EOS has been repeatedly criticized for alleged centralization. Recently, Starteos, one of EOS’ BP’s, appeared to publically offer its token holders financial rewards in return for their votes. There have also been investigations in the EOS ecosystem after Huobi was accused of running a corruption scheme.


SOURCE: https://cointelegraph.com/news/huobi-to-launch-companys-first-exchange-dedicated-to-eos-in-q1-2019

[kent47400]

There is one problem, which is at a certain point in the future EOS needs strong security.
HUOBI has never experienced hacking significantly and this is an opportunity for EOS to enter HUOBI but must have a strong security system so that anti hacking from HUOBI.

[Rex]

With these new partners surely EOS will rise higher more in the market, this coin also is a good investment choice

[Munareal]

The EOS network is quite popular with Dapp and can boast of over three times the number of users that Ethereum does. This is an indication that EOS will play a significant role in the Dapp development Huobi has seen the future in EOS thereby dedicating its exchange to it.

[masudginanjar]

I am sure this will raise prices for EOS because everyone knows that EOS is altcoins who entered the top 10 Coinmark tab.
Then HUOBI is the largest Exchange from Asia, maybe also from China which has full support for Miner.

[Richa99]

This will be a very good project and I really believe that EOS has a great potential and is a good coin.

[damsix]

EOS is a pioneer for paying online wallets.
To be honest, I don't like EOS because EOS is like that, less flexible with the conditions of the lower society.

[Purwodadi]

in 2019, EOS was very developed and very supportive to rise even higher, and I really believe in the future of EOS in the future.

[jonathancool220]

-

Indeed Huobi is a market from China and has a lot of full support for cryptocurrency, even cryptoocurrency miners are from China, just like you say.
If you want to read more about HUOBi, you can check here : https://en.wikipedia.org/wiki/Huobi

EOS listing in Huobi, like that you get a jackpot from playing Dice. lOL