Today, on May 15th, the Huobi Group cryptocurrency company launched another project. The regulated over-the-counter cryptocurrency platform, Huobi OTC Desk, will operate under the official license from the Gibraltar Finance Commission for large customers.
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details platform from the Huobi Group
About the launch of a new platform for major players, company representatives told on Twitter. As it became known, the Huobi OTC Desk platform will be designed for institutional and large private investors. In addition, the new regulated platform will operate under licenses approved by the Gibraltar Financial Services Commission.
According to the press release of the trading platform, investors will be able to work with well-known cryptocurrencies (such as Bitcoin, Litecoin, Ethereum, etc.), as well as enter and withdraw financial currencies (US dollars, Canadian dollars, Euros, British pounds).
"We are pleased to announce the launch of Huobi OTC Desk, a specialized and fully regulated platform for large traders. The platform is built based on a Gibraltar DLT license, users can trade $USD, $GBP and $EUR for $BTC, $ETH, + others!" – Huobi, Twitter.
The Huobi Group company has opened an over-the-counter platform for large cryptocurrency investors. Recall that we have already written about the first IEO of the company, which was held on April 10th of this year.
Editor: Yuliya Soroka