Huobi Launches New Platform In Malaysia

30.11.2020 / Payment system news

Huobi’s new crypto trading platform launched in Malaysia. The company will operate in this region in accordance with a license obtained from the local regulator in September.

It is noted that over the next nine months of the new Huobi Labuan platform, customers will be able to make transactions with a limited number of tokens, including BTC, ETH, EOS. The new solution will focus on the Huobi Cloud platform, which was launched in 2019 in the Middle East. In particular, the Malaysian version has a similar infrastructure for the provision of brokerage services and transactions with digital instruments.

Recall that at the beginning of this year, Huobi opened access to its Huobi Brokerage platform, targeted at major market players. A month ago, the platform began supporting DeFi pairs.