Huobi Launches Dedicated Crypto Trading App for the Russian Market

LONDON, Sept. 27, 2020 /PRNewswire/ — Huobi International, the world’s main digital asset trade, at present launched a local cellular app for the Russian market. Obtainable for iOS and Android, Russian customers can now entry Huobi’s spot market and commerce a whole bunch of digital property and cryptocurrencies through a easy and intuitive cellular app.

As Huobi seems to bolster its presence in rising markets throughout the globe, Russia stays one of many firm’s key markets within the European area. Russian customers already account for 10 % of Huobi’s complete spot buying and selling quantity, however Huobi goals to additional increase its market share by offering locals with an expert, secure and clear buying and selling service delivered in a fully-native cellular format.

“Regardless of current hypothesis about new crypto regulation in Russia, we’re absolutely dedicated to this market and transferring full steam forward to present native customers a extra intuitive manner to purchase and commerce crypto from their cellular units,” stated Ciara Solar, Vice President, International Markets at Huobi Group.

From the cellular app, customers can entry all kinds of buying and selling pairs, together with LTC/BTC, ETH/BTC, BCC/BTC, BTC/USDT, and many others., and buying and selling strategies, similar to restrict and market orders. The app additionally offers customers with real-time costs, skilled candlestick charts, worth alerts, expedited fund availability, and 24/7 buyer assist.

The launch of the devoted cellular app underscores Huobi’s dedication to the Russian market and follows a current transfer to consolidate its partner-operated Russian exchange into the broader Huobi International ecosystem. In response to a current report by crypto analysis agency Chainalysis, Russia ranks second within the adoption of cryptocurrencies in Japanese Europe, a discovering that intently mirrors Huobi’s spot buying and selling exercise.

Solar added, “Russia is main the area when it comes to crypto adoption, nevertheless it nonetheless has an extended technique to go earlier than it reaches mainstream adoption. With a inhabitants of over 144 million folks, Russia presents a serious progress alternative for Huobi. For 2021 and past, we’re aiming to empower 100 million households worldwide to personal digital property and we see Russia enjoying a vital position on this imaginative and prescient.”

Along with the cellular app, Huobi has additionally invested in rising its Russian-language group over the previous yr. This contains devoted channels for information, bulletins, and firm communications on social media platforms like Twitter and messaging apps like Telegram.

About Huobi

Huobi is the world’s main blockchain and cryptocurrency infrastructure supplier with a monetary product suite that features the biggest digital asset trade by liquidity and real-trading quantity. Trusted by customers over 170 international locations, the Huobi platform is devoted to bettering the liberty of cash for customers, and options an unmatched portfolio of crypto merchandise and choices, together with: buying and selling and finance, cryptocurrency finance infrastructure options, training, information and analysis, social welfare, funding and incubation, and plenty of extra.

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