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Huobi Taps BLINC Network for Instant Fiat-Crypto Settlement Huobi Taps BLINC Network for Instant Fiat-Crypto Settlement BLINC eliminates the need for mainstream and sometimes costly payment networks, such as SWIFT and SEPA. Aziz Abdel-Qader 2021-01-18T18:49:23+00:00 2021-01-19T08:02:13+00:00 Photo: FM Huobi, a former ‘big three’ platform, has become the latest cryptocurrency exchange to go live on BLINC, a real-time payments network that allows zero transaction fees across fiat and digital currencies. Huobi’s integration with the settlement network was made possible through a partnersh...

Huobi Futures Launches Daily Settlement and New Take-profit/Stop-loss Function The daily settlement function and upgraded take-profit and stop-loss functions enable all traders reap rewards and control risk in advance Huobi Futures, the leading digital assets derivatives trading platform from Huobi Group, today announced the launch of new features which will help traders better hedge risk and reap the rewards of a trade even before its delivery. The features include support for daily settlement for coin-margined futures trading and the launch of take-profit and stop-loss fun...

The first decentralized cryptocurrency passed $30,823.30 at 1313 GMT, after breaking $20,000 on Dec. 16. Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD clinched $30,000 during trading on Friday. After hitting new all-time highs of $29,700 overnight, the pair showed no signs of weakness, retesting the level several times before a final breakout occurred. The area immediately below $30,000 had proven a source of intense selling pressure throughout the past few days, a setup similar to that which Bitcoin disrupted at $20,000 just weeks ago.  “If you’re looking for a...

Huobi Gets Nevada License, Plans To Return To US Last Updated: 23 December 2020 Top crypto exchange Huobi Group is planning to return to the US market after suddenly leaving in 2019. Based on its Tuesday filing with the Hong Kong Stock Exchange, the exchange said the Nevada Financial Institutions Division has also approved a trust license for the subsidiary Huobi Trust Company. With the license, the company can offer compliance and custodial services in the U.S. market from 2021. It will coincide with the exchange’s plan to toll out regulated financial products and servi...

Huobi Futures announces APP aervice of cross margin mode for USDT-margined swaps Submitted 22/12/2020 - 11:00am Huobi Futures has announced the APP launch of cross margining of USDT-margined swaps on its digital asset derivative trading platform.  With the new feature, any profitable positions in this mode can offset positions that are close to be liquidated. By allowing users to tailor their portfolios to the strategies they are partial to, Huobi is providing traders with greater convenience and helping them avoid unnecessary liquidation when their overall portfolio is otherwise sound. “W...