Crypto Exchange of Huobi creates an over-the-counter trading platform for institutional

The company Huobi Group this Wednesday announced the creation of a new OTC division of Huobi OTC Desk, which will allow institutional investors and other interested parties to enter into transactions with large digital assets .

The platform is regulated in accordance with the license obtained by Huobi cryptographic gigs in Gibraltar to provide services in the field of distributed registry technology .

The service supports transactions both in cryptocurrency pairs and with fiat, including with the US dollar, the British pound and the euro.

“We are seeing significant interest from players in more established financial markets for digital assets, but many of them still linger on joining an unregulated trading environment, ” said Huobi Global sales manager Jeff Adams.

We also see an unmet need for services targeted at those seeking to enter into larger deals. Huobi OTC Desk is a big step towards meeting both needs. ”

As the company notes, its new OTC-service is provided by the Huobi Gibraltar division licensed in Gibraltar, which distinguishes it from the existing over-the-counter platform, through which retail investors can make deals between themselves for quite a long time.

On May 22, the IEO Reserve Protocol project will be held on the Huobi Prime platform. According to CEO Huobi Livio Van, this day will also be held a special round of sales, during which users will be asked to purchase bitcoins at a reduced price.

Publication date 15/05/2019
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