Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  Huobi Technology Holdings Limited    1611   VGG4671J1012

HUOBI TECHNOLOGY HOLDINGS LIMITED

(1611)
  Report
SummaryChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Huobi Technology : Launches Dedicated Crypto Trading App for the Russian Market

09/28/2020 | 05:10am EST

LONDON, UK - - Huobi Global, the world's leading digital asset exchange, today released a native mobile app for the Russian market. Available for iOS and Android, Russian users can now access Huobi's spot market and trade hundreds of digital assets and cryptocurrencies via a simple and intuitive mobile app.

As Huobi looks to bolster its presence in emerging markets across the globe, Russia remains one of the company's key markets in the European region. Russian users already account for 10 percent of Huobi's total spot trading volume, but Huobi aims to further expand its market share by providing locals with a professional, safe and transparent trading service delivered in a fully-native mobile format.

"Despite recent speculation about new crypto regulation in Russia, we're fully committed to this market and moving full steam ahead to give local users a more intuitive way to buy and trade crypto from their mobile devices," said Ciara Sun, Vice President, Global Markets at Huobi Group.

From the mobile app, users can access a wide variety of trading pairs, including LTC/BTC, ETH/BTC, BCC/BTC, BTC/USDT, etc., and trading methods, such as limit and market orders. The app also provides users with real-time prices, professional candlestick charts, price alerts, expedited fund availability, and 24/7 customer support.

The launch of the dedicated mobile app underscores Huobi's commitment to the Russian market and follows a recent move to consolidate its partner-operated Russian exchange into the broader Huobi Global ecosystem. According to a recent report by crypto research firm Chainalysis, Russia ranks second in the adoption of cryptocurrencies in Eastern Europe, a finding that closely mirrors Huobi's spot trading activity.

Sun added, "Russia is leading the region in terms of crypto adoption, but it still has a long way to go before it reaches mainstream adoption. With a population of over 144 million people, Russia presents a major growth opportunity for Huobi. For 2021 and beyond, we're aiming to empower 100 million households worldwide to own digital assets and we see Russia playing a crucial role in this vision."

In addition to the mobile app, Huobi has also invested in growing its Russian-language community over the past year. This includes dedicated channels for news, announcements, and company communications on social media platforms like Twitter and messaging apps like Telegram.

About Huobi

Huobi is the world's leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by liquidity and real-trading volume. Trusted by users over 170 countries, the Huobi platform is dedicated to improving the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, cryptocurrency finance infrastructure solutions, education, data and research, social welfare, investment and incubation, and many more.

For more information, visit https://blog.hbg.com/

Distributed by https://pressat.co.uk/

.

(C) 2020 M2 COMMUNICATIONS, source M2 PressWIRE

All news about HUOBI TECHNOLOGY HOLDINGS LIMITED
11/06HUOBI TECHNOLOGY : Koinal Strikes a Deal with Huobi for Simpler & Faster Cryptoc..
AQ
10/26HUOBI TECHNOLOGY : Launches USDT-Margined Swaps at the End of October
AQ
10/19HUOBI TECHNOLOGY : Expands Fiat Gateway to Support AUD, GBP and EUR through Banx..
AQ
09/28HUOBI TECHNOLOGY : Futures Launches Stablecoin Yield Farming Campaign to Nurture..
AQ
09/28HUOBI TECHNOLOGY : Launches Dedicated Crypto Trading App for the Russian Market
AQ
09/22HUOBI TECHNOLOGY : Perpetual Swaps Joins DeFi Yield Farming Campaign with $200,0..
AQ
08/31HUOBI TECHNOLOGY : Futures to Launch Bitcoin Options on Sep 1st Investors Rush t..
AQ
08/23HUOBI TECHNOLOGY : Voluntary announcement - business update
PU
08/13HUOBI TECHNOLOGY : Records $877.8 Billion in Trading Volume for First Half of 20..
AQ
08/10HUOBI TECHNOLOGY : (1) resignation of executive director, joint company secretar..
PU
More news
Financials
Sales 2019 312 M 40,3 M 40,3 M
Net income 2019 -6,08 M -0,78 M -0,78 M
Net cash 2019 4,00 M 0,52 M 0,52 M
P/E ratio 2019 -223x
Yield 2019 -
Capitalization 1 132 M 146 M 146 M
EV / Sales 2018 3,88x
EV / Sales 2019 4,33x
Nbr of Employees 656
Free-Float 39,8%
Chart HUOBI TECHNOLOGY HOLDINGS LIMITED
Duration : Period :
Huobi Technology Holdings Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HUOBI TECHNOLOGY HOLDINGS LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Managers
NameTitle
Lin Li Chairman & Chief Executive Officer
Li Zhang Chief Financial Officer
Xiong Fei Duan Independent Non-Executive Director
Wai Ming Yip Independent Non-Executive Director
Jian Zhong Lan Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
HUOBI TECHNOLOGY HOLDINGS LIMITED-12.35%146
KEYENCE CORPORATION35.88%124 599
SCHNEIDER ELECTRIC SE23.83%73 703
NIDEC CORPORATION74.34%73 256
EATON CORPORATION PLC25.55%46 727
EMERSON ELECTRIC CO.-0.47%45 140