Huobi Prime offers digital currency investors a new way to Trade

Huobi, cryptocurrency
Huobi Prime is the latest offering to cryptocurrency traders by digital exchange Huobi Global. | Source: Shutterstock

Tuesday, March 26 will see customers of the cryptocurrency exchange Huobi experience a whole new way of getting their fingers around cryptocurrencies. Known as Huobi Prime, the system is a coin-launch platform that ensures all currencies purchased by Huobi users are immediately deposited into their accounts and tradable against the Huobi Token (HT) with minimal delays, according to a company press release.

Huobi, cryptocurrency
Currencies offered through Huobi Prime can be traded against the Huobi Token, the platform’s official cryptocurrency. | Source: Shutterstock

Customers will also have access to coins at below-market prices, as well as new projects and currencies not yet listed on major exchanges. Huobi’s executive team works with the project leaders of every coin or token listed, forming close partnerships and determining fair market values for users. Executives have also implemented tiered price limits to relieve customers of extreme volatility.

Speaking with CCN, Ross Zhang – head of marketing for Huobi Group – explains what inspired the new platform’s creation:

Low-quality coins and lack of access to ones with real potential are a perennial problem in the crypto space. While that is nothing new, I do think it’s taken on new importance in the ongoing bear market we find...


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Cryptocurrency Retail Investor Capital Is Not Dead

With major events unfolding in the cryptocurrency space surrounding institutional investors of late, little attention has been given to the retail investor.

Andreessen Horowitz stole the spotlight with its recent debut of a $300 million cryptocurrency fund, but meanwhile, it’s done little to prop up the bitcoin price, which continues to trade in the doldrums. Meanwhile, naysayers have been doubting that retail capital will ever find its way back into this space again.

If you ask Bart Smith, who spearheads digital assets at Susquehanna, a wave of retail capital will serve as the next catalyst to ignite a crypto rally. Smith told CNBC:

“Frankly where you have seen demand is from retail investors in the U.S. Coinbase, Gemini, Circle — all those people are servicing retail investors.”

First-Mover Urgency

Smith recalls the recent SEC decision that the No. 2 cryptocurrency Ethereum should not be classified as a security and therefore won’t be regulated by the Wall Street watchdog. But other coins, he pointed out, don’t have...