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    Home » Huobi unveiled plans for development in Russia

    Huobi unveiled plans for development in Russia

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    By BlockchainJournal on December 14, 2018 News
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    The Russian unit of cryptobirge Huobi plans to launch an accelerator for projects and open a client office in St. Petersburg in the first quarter of 2019, as well as establish an Innovative Project Support Fund and a network of mining hotels in the first half of next year. This was told by the head of Huobi Russia, Andrei Grachev, at a press conference held on December 6 in Moscow.


    “The main task of Huobi Russia is to provide a wide range of instruments with small spreads and high liquidity,” Grachev said. “Huobi Russia offers the opportunity to conduct both retail trade for enthusiasts and high-speed HFT trade on special terms and conditions for trade commissions.”
    The digital asset exchange Huobi Russia was launched in Russia on November 12, 2018. Huobi Russia cooperates with the VEB Digital Transformation Center for Education, Blockchain Technology Research and Law Consultation.
    In less than a month of work at Huobi Russia, more than 500 accounts were opened, and the daily turnover of trading reached $ 21 million. Huobi Russia today is more than 80 instruments and more than 230 trade pairs.
    Huobi Russia is not only a digital asset exchange, but also a consulting center, a project exhibition center, an innovation development institute and capital management services.
    "Russian Economic University. Plekhanov became a partner of Huobi Russia and will participate in a joint educational project for Russian blockchain projects, ”said Nadezhda Surova, head of the department of entrepreneurship in the REU named after G.V. Plekhanov. “We will support projects with the necessary competencies, accompany their development and help them successfully enter the market.”

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