Huobi goes to the American market

Huobi goes to the American market

Huobi, the third-largest cryptocurrency exchange, announced the release to the US market.

For this the company has created a special company in San Francisco called HBUS:

… this is not a “subsidiary”, “division” or any “affiliate” Huobi. HBUS also not a “Huobi US.” HBUS is the “exclusive strategic partner Huobi.

In a post on Medium HBUS, the company said that user registration will begin on 10 June, and all users who register in the period from 10 to 14 June will be able to perform its operations without a fee within one month.

It is planned that work exchange will begin from the 15th of June, although the site HBUS reported that the launch could be delayed because of “too much demand”.

Huobi, based in China, for the first time announced the opening of an office in San Francisco in January of this year. Now, the headquarters of the company is located in Singapore, and the exchange is actively developing foreign markets.

The jurisdiction of the United States places high demands on the cryptocurrency exchanges. So HBUS in his message stressed that all its employees have received the necessary knowledge for combating money laundering and terrorist financing schemes and are tested on these subjects.

Competition with the leading cryptocurrency companies Binance and OKEx, forcing Huobi to actively diversify our investment products and services. The company recently announced the launch its own blockchain project and before the launch of cryptocurrency investment Fund (ETF).

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