The Huobi exchange house, famous for its activity in China, has begun to carry out operations in South Korea. After the Asian giant's willingness to ban the activities associated with the exchange of cryptoactives in its territory, the South Korean market has emerged as a strongly important option for the business.
Huobi Korea will start operations with 99 cryptocurrencies and more than 200 markets: 97 that work with Bitcoin, 76 with ether and 33 markets that work with US dollars. In order to comply with the country's requirements, it will create a compensation fund for the users, in order to compensate any possible loss associated with the malfunctioning of the platform and not a user error.
The currencies that will be traded through the platform will include BTC, ETH, BCH, XRP, LTC, XEM, EOS, DASH, NEO, TRX, ETC, BTG, ZEC, among many others; and the exchange house assured that it will try to support more and more the coin trade.
In addition, in its statement, the company said that the Korean won, legal currency in the Asian country, will be added soon. "The KRW market is in the process of preparation and will be available soon
Huobi, with presence in Singapore, the United States, Hong Kong, Japan and China, is currently the third largest market for cryptocurrencies globally, with daily exchange figures that double those of Upbit, South Korea's largest exchange market.
translation of the post of my property https://steemit.com/busy/@valentina2907/huobi
