Huobi is a Singapore-based cryptocurrency exchange. It was founded in China and it is the world’s safest BTC, ETH & LTC exchange and markets platform. It provides crypto-crypto, fiat-crypto, margin, and contract trading. The company now has offices in Hong Kong, Korea, Japan and the United States.
Recently, Huobi has launched Regulated Fiat-To-Crypto & Crypto-To-Crypto OTC Service For High Volume Traders. Huobi now hosts a purpose-built onramp for large volume fiat-tocrypto and crypto-to-crypro purchases by leveraging its Gibraltar-issued DLT license. Huobi Group is happy to announce the launch of Huobi OTC Desk to institutional investors, high net worth individuals and others looking for a better path forward.
Huobi OTC Desk is a fully regulated service built on Huobi’s Gibraltar FSC-issued Distributed Ledger Technology (DLT) license. The service supports both crypto-to-crypto and fiat-to-crypto transactions, including those made in US dollars (USD), British pound sterling (GBP), and euros (EUR) for Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.
Jeff Adams, Senior Sales Manager for Huobi Global, said: “We see a lot of appetite out there from players in more established financial markets when it comes to digital assets but many are still uncomfortable jumping into unregulated trading environments. We also see an unfilled need for services aimed at those looking to make large volume transactions. Huobi OTC Desk is a big step forward to filling both of those needs.”
Huobi’s DLT license was among the first batch of licenses awarded by Gibraltar, which is the first jurisdiction to introduce a purpose-built DLT regulatory framework. Huobi’s evolution as a full-service market facilitator in digital asset trading had advanced thanks to the addition of Huobi OTC Desk.
Huobi consists of ten upstream and downstream enterprises, Huobi Group is the world’s leading blockchain company. Established in 2013, Huobi Group’s accumulative turnover exceeds $1 trillion. It proudly provides safe, secure, and convenient cryptocurrency trading and asset management services to millions of users in 130+ countries.
One of Huobi OTC Desk’s key advantages is that users are provided with a real time quotation which also effectively serves as their execution price. OTC is an integral part of Huobi’s trading solutions for professional, institutional, and high net worth clients. Another advantage is the competitive pricing and excellent liquidity for large volume transactions. Yet another advantage is that users have the ability to gain access to dedicated support teams.
Huobi OTC Desk is a service provided by Huobi Gibraltar with a license under Gibraltar’s DLT regulatory framework. Through Huobi Global’s retail OTC service, users trade with other users.