HUOBI WILL COOPERATE WITH THE AMERICAN COMPANY PRIME TRUST
The US exchange HBUS (a division of the Huobi Group) will work with a financial company from Nevada, Prime Trust to support the Deposit and withdrawal of fiat funds.
The American trust company Prime Trust provides a service of secure transactions and works with transactions in fiat money and cryptocurrencies.
To this end, the parties signed a cooperation agreement. Now on the HBUS platform it will be possible to trade Bitcoin, Ethereum and Tether USD in a pair with the US dollar. According to Frank Fu, CEO of HBUS, the company intends to conclude several more deals in the US. Now listing platform includes Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic and Tether USD. HBUS plans to work with institutional clients and increase the staff to 150 employees.
Singapore cryptocurrency exchange, Huobi was founded in 2013 and has branches in many countries around the world, including the United States, Japan, South Korea, Australia, Luxembourg and the UK. According to the latest statistical reports, Huobi ranks third in terms of trading assets per day. Huobi Group consists of ten companies and it is world’s leading company in blockchain technology. The total turnover of the holding exceeds $1 trillion. According to the CoinMarketCap, now Huobi is the third largest daily trading volume cryptocurrency exchange ($393 million).