• Huobi, a cryptocurrency exchange, has expanded its suite of trading services

  • Huobi, one of the leading cryptocurrency exchanges, announced today that it is expanding its trading services by extending the Huobi Derivatives Warrant. Huobi launched the product in Vietnam on September 3rd, and it has since expanded into other markets such as India and Europe. By the end of September, the company intends to expand the Huobi Derivatives Warrant trading services to all of its global markets.

    Huobi stated in an official press release that its Derivatives Warrant service allows users to increase their potential. The aforementioned service also assists clients in navigating a stable and liquid market. Huobi Derivatives Warrant is a featured option product developed by Huobi Futures, a Huobi Global derivatives trading platform.

    Since the beginning of 2021, the cryptocurrency trading platform has significantly expanded its services, owing to an increase in global adoption of digital assets. Huobi is one of the world’s largest digital exchanges in terms of trading volume.

    Du Jun, Co-Founder of Huobi Group, commented on the recent announcement, saying, “Huobi Derivatives Warrant enables traders to choose multiple types of options corresponding to different market conditions.” For example, if traders believe the market will remain flat in the future, they can lock in profits by configuring a price range with European spread options; if they believe the market will move in either direction without knowing when it will peak or bottom out, they can trade with leveraged American options.”

    Huobi Derivatives Warrant is a warrant issued by Huobi Derivatives.

    The cryptocurrency exchange intends to provide its users with a variety of trading services. The new service, according to the company, primarily provides American options and European spread options.

    “In contrast to traditional options service providers, Huobi Derivatives Warrant provides a stable and liquid market in which users are not required to bear losses if the executed premium prices differ from the proposed ones, except in extreme cases. Huobi Derivatives Warrant provides options with various expirations to choose from and supports high-volume trading without charging transaction and execution fees,” Huobi stated.

    What's your reaction?
    Happy0
    Lol0
    Wow0
    Wtf0
    Sad0
    Angry0
    Rip0