CCN as following:
Currently, HBDM.com offers derivatives on three major cryptocurrencies: Bitcoin, Ethereum, and EOS. Each one has weekly, bi-weekly, and monthly markets. Similar to any other derivatives market, only instead of traditional commodities, the assets are based on cryptocurrency. In fact, the trading guide further explains that the positions can be closed before they’re filled, similar to other markets.
Huobi Global CEO Livio Weng said:
This reinforces our belief that Huobi DM truly caters to our user’s needs. We’ve been getting positive feedback from our clients on our lack of clawbacks as well as Huobi DM’s capacity to help sophisticated traders manage the risk of spot market fluctuations. I believe this explains our platform’s exploding growth, even in the midst of the ongoing bear market.
Huobi is one of the largest crypto exchanges in the world by volume. This positive response will most likely lead to the addition of other markets. Notably, these metrics have evolved during a so-called crypto winter.
Read more: The Growth In Chinese Capital Outflows Could Bring Crypto Bull Run In 2019
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