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Which country is Huobi Exchange from?

Huobi Exchange, established in China in 2013, is now headquartered in Singapore and operates as a global cryptocurrency exchange with a daily trading volume exceeding $1 billion.

Oct 02, 2024 at 02:00 pm

Which Country is Huobi Exchange From?

Huobi Exchange is a cryptocurrency exchange that was founded in China in 2013. It is one of the largest cryptocurrency exchanges in the world, with a daily trading volume of over $1 billion.

Early History:
Huobi was founded in Beijing, China, in September 2013 by Leon Li. The exchange initially focused on trading Bitcoin and other cryptocurrencies in the Chinese market.
International Expansion:
In 2016, Huobi began to expand its operations internationally. It established subsidiaries in Singapore, Hong Kong, Japan, South Korea, and the United States.
Departure from China:
In September 2017, Huobi left China due to regulatory pressures on cryptocurrency exchanges. The exchange moved its headquarters to Singapore.
Current Operation:
Today, Huobi Exchange operates from its base in Singapore. It offers a wide range of cryptocurrency trading services, including spot, margin, and futures trading. The exchange also supports a variety of fiat currencies, including USD, EUR, and CNY.
Global Presence:
Huobi has a global presence, with offices and subsidiaries in several countries around the world. The exchange has a strong user base in Asia, particularly in China and Southeast Asia.

Therefore, Huobi Exchange is a Singapore-based cryptocurrency exchange that was originally founded in China.

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