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Despite Ongoing Crypto Winter, Huobi DM Hits USD $20 Billion In Trading VolumeSINGAPORE, Jan. 17, 2019 /PRNewswire/ -- Despite the ongoing bear market, Huobi's crypto asset trading service, Huobi Derivative Market (Huobi DM), recently saw its trading volume soar past USD $20 billion. The milestone came a mere 15 days after Huobi DM racked up its first USD $10 billion in trading volume in its first full month of operation. Based on the Huobi DM team's internal customer research, many users are particularly drawn to the fact that the platform's robust design and features have resulted in zero clawbacks so far. "We're pleased with the strong response. This reinforces our belief that Huobi DM truly caters to our user's needs. We've been getting positive feedback from our clients on our lack of clawbacks as well as Huobi DM's capacity to help sophisticated traders manage the risk of spot market fluctuations. I believe this explains our platform's explosive growth, even in the midst of the ongoing bear market," said Livio Weng, CEO of Huobi Global. Huobi DM's crypto asset contract trading service allows users the ability to take long and short positions on Bitcoin (BTC), Ethereum (ETH), and EOS (EOS), providing options for arbitrage, speculation, and hedging that were not previously widely available in crypto trading. While similar services exist elsewhere, Huobi DM sets itself apart via a number of design features and policies, including:
Disclaimers: Digital assets are innovative trading products, and prices fluctuate greatly. Please rationally judge your trading ability and make decisions prudently. Please note that users must clear the requisite KYC checks and assessments prior to commencing usage of Huobi DM. Huobi DM is not available to users from the United States of America, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador, and Kyrgyzstan. For more information on Huobi DM, please visit www.hbdm.com About Huobi Group: Consisting of ten upstream and downstream enterprises, Huobi Group is the world's leading blockchain company. Established in 2013, Huobi Group's accumulative turnover exceeds US $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries. For more info, please visit www.hbg.com For enquiries please contact: Jiayi Li View original content to download multimedia:http://www.prnewswire.com/news-releases/despite-ongoing-crypto-winter-huobi-dm-hits-usd-20-billion-in-trading-volume-300780110.html SOURCE Huobi Global |