Huobi will launch Huobi.pro and C2C trading on July,28
With the rapid development of blockchain technology and blockchain asset transactions, Huobi will launch a global professional trading platform (https://www.huobi.pro/) under the Huobi brand for professional traders. Huobi.pro is a blockchain asset-only trading platform while Huobi.com is a fiat-blockchain asset trading platform. Huobi.pro will satisfy professional users necessary for exchanging digital assets and arbitrage. Huobi.pro will launch more products for professional traders such as strategy platform, quantitative trading tools and contract trading.
Products on Huobi.pro, which are designed for professional traders who possess high risk tolerance and rich investment experience, are with high innovation and high risk. Please give considerable thought according to your own conditions to decide whether to participate trading on Huobi.pro.
With the rapid development of global blockchain technology and expansion of blockchain ecosystem, there is a growing demand for exchanging digital assets (referred as 'C2C Trading' or 'Cryptocurrency to Cryptocurrency Trading'). According to the data from Huobi Blockchain Research Center, more than 50% of the digital asset trading volume is for C2C trading. However, there is still no large trading platform that supports such kind of trading in China. Huobi, as one of the largest blockchain asset trading platforms, is always responsible for our users. After more than a year’s investigation and preparation, Huobi is officially launching our professional trading platform- Huobi.pro and 'C2C Trading' - LTC/BTC, ETH/BTC, ETC/BTC and BCC/BTC at night of July,28,2017(GMT+8). LTC/BTC, ETH/BTC and ETC/BTC trading starts after the launch. While BCC/BTC trading starts after Huobi completes BCC give away and the first block of BCC is generated.
Key features of 'C2C Trading' include,
1. Lower cost when exchanging digital assets. ( e.g. exchange from LTC to BTC.)
2. Greater arbitrage opportunity. (e.g. arbitrage among LTC/BTC, LTC/CNY and BTC/CNY on Huobi. Reduce cost of fund, shorten transaction time, and increase your fund utilization efficiency.)
3. Great opportunity to trade new digital asset.
【Important Notice】About BCC asset and trading:
1. If you have BTC on Huobi before 20:20, August 1, 2017(GMT+8), you will be given an equal amount of BCC. 1BTC get 1BCC for free.
2. Huobi will suspend BTC deposits and withdrawals from 0:00 on July 31, 2017 (GMT+8) considering the impact to BTC blockchain network. We recommend that you deposit BTC in advance to be able to trade at the first time in case you are not able to deposit BTC under urgent situations.
3. If BCC failed to be mined, Huobi.pro will suspend BCC/BTC trading at the first time. If BCC global trading volume is down for a certain period, Huobi.pro will consider to delist BCC/BTC trading.
Hope you enjoy trading on Huobi!
July 27, 2017