Huobi Group Launches Institutional Trading Service

The institutional trading service will provide a number of features for major clients.

by Nina Dimitrova
15 August • 1.5 mins
In News

Huobi Group, a major provider of crypto and blockchain financial services, announced it is launching an institutional cryptocurrency trading service for large investors.

 

In addition to cryptocurrency trading, as the name suggests, the new service will also offer other features to its clients, according to the Huobi statement.

 

The new service will provide an exclusive channel for safe and rapid deposit withdrawal of high-value assets and customized withdrawal and loan limit. The trading platform will support trading with multiple positions and strategies with up to 1 000 sub-accounts per user.

 

Huobi will also have on-call support service for the institutional clients and will provide access to analyses of the cryptocurrency industry, published by Huobi Research, and reports on investment strategies drawn up by Huobi Quant Academy.

 

As per the announcement, Huobi will be rolling out the new service gradually. During the first phase, it is providing it with limited features to 100 institutional clients and 10 deposit-withdrawal deals on a first come, first served basis.

 

Huobi Group has offices in Singapore, US, Japan, South Korea, Hong Kong, Thailand, Australia and clients in more than 130 countries.

 

The Group has a cryptocurrency exchange for retail clients as well as a mining pool, incubator program Huobi Labs, blockchain-focused investment fund Huobi Capital based in Hong Kong, Huobi Wallet and HADAX – an autonomous crypto trading platform for professional investors that launched in early April 2018.