Huobi's Fierce Move to March Forward

Yaunfitda

hero member

Activity: 2870

Merit: 594

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi, an international blockchain asset firm, currently headquartered in Singapore and founded in 2013, has its offices spanned in the United States, Japan, South Korea, and Hong Kong.

After China’s nationwide crackdown on cryptocurrency exchanges and initial coin offerings (ICOs) in late 2017, the Huobi Group shifted its headquarters from Beijing to Singapore. Now, despite the declining prices of cryptocurrencies in 2018, Huobi appears to be moving forward aggressively with its expansion efforts.

Make sense for them to moved to Singapore because its crypto friendly. I think top exchanges have a plan B, just like Binance and OKex moving to Malta.

So I'm not surprise by their move, I wouldn't call it aggressive though, perhaps its a business decision on their end to shift their HQ to a more friendly nation like Singapore so that they can still operate without any pressure from the government.

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: butka on August 26, 2018, 02:56:28 PM

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi appears to be moving forward aggressively with its expansion efforts.

This is interesting. They seem to be doing well, and being the third crypto exchange by volume (after Binance and OKEx) seems to confirm that.

I've never used them, and I don't plan to use them, at least until I stop hearing people's complaints about them.

BTW, I also find it interesting that they have plans to create their own blockchain that would be used for voting on future coin listings and for fundraising events.

True, to have its own self-developed public chain in place is one of the fundamental goals of Huobi group. They resolve to realize it, if im not wrong. Grin

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: vlad230 on August 27, 2018, 09:21:52 AM

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi, an international blockchain asset firm, currently headquartered in Singapore and founded in 2013, has its offices spanned in the United States, Japan, South Korea, and Hong Kong.

After China’s nationwide crackdown on cryptocurrency exchanges and initial coin offerings (ICOs) in late 2017, the Huobi Group shifted its headquarters from Beijing to Singapore. Now, despite the declining prices of cryptocurrencies in 2018, Huobi appears to be moving forward aggressively with its expansion efforts.

It's always good to hear there are constant investments in exchange infrastructure.

I wonder if Huobi will open offices in Europe soon, I think they will have more credibility and opening up new opportunities doing so.

Yeah, Huobi has its plan to expand it in Europe from the very beginning, based on my knowledge. The first one is supposed to be settled in UK, i guess Huobi has already made some development on that. But as we all know, it's a tough task for a non European native group to explore European arena in crypto, the competition from rivalries are so intense!

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: jseverson on August 27, 2018, 11:17:49 AM

Quote from: drm on August 27, 2018, 09:36:50 AM

To be fair it does feel like most exchanges abide by their own rules and do what's best for themselves instead of their customers. Roll Eyes

Well they are businesses, and despite what they may say, their primary purpose is to make money, not to serve customers. That doesn't excuse bad service though so people should still vote with their wallets.

Quote from: vlad230 on August 27, 2018, 09:21:52 AM

It's always good to hear there are constant investments in exchange infrastructure.

Yeah, we should all be rooting for crypto businesses to succeed, not to fail. That only goes for legitimate ones though lol.

Absolutely agreed! Crypto biz is NOT a charity cause, and crypto world does NOT serve as a sanctuary at all, bear this in mind if anybody agrees on it. Cool

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: vlad230 on August 27, 2018, 09:21:52 AM

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi, an international blockchain asset firm, currently headquartered in Singapore and founded in 2013, has its offices spanned in the United States, Japan, South Korea, and Hong Kong.

After China’s nationwide crackdown on cryptocurrency exchanges and initial coin offerings (ICOs) in late 2017, the Huobi Group shifted its headquarters from Beijing to Singapore. Now, despite the declining prices of cryptocurrencies in 2018, Huobi appears to be moving forward aggressively with its expansion efforts.

It's always good to hear there are constant investments in exchange infrastructure.

I wonder if Huobi will open offices in Europe soon, I think they will have more credibility and opening up new opportunities doing so.

As far as what iv known about it, it does constantly expand its investment to channel new profitable resources, sometimes very innovative! One thing im very sure of them is they're a clear-cut business-driven group to increase its ROI! Grin

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: butka on August 26, 2018, 02:56:28 PM

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi appears to be moving forward aggressively with its expansion efforts.

This is interesting. They seem to be doing well, and being the third crypto exchange by volume (after Binance and OKEx) seems to confirm that.

I've never used them, and I don't plan to use them, at least until I stop hearing people's complaints about them.

BTW, I also find it interesting that they have plans to create their own blockchain that would be used for voting on future coin listings and for fundraising events.

Understood! Huobi by far has presented us a very mixed picture with those ''good'' and ''bad''. As what i said before, i prefer to keep tabs of it anytime.

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: Wall_Streeet on August 26, 2018, 11:45:30 AM

at the moment, this exchange has a very high credibility among investors, so I suggest to look after those who are not working with this exchange

Wise suggestion, im along with that too. Roll Eyes

Thanks for sharing it!

jseverson

hero member

Activity: 1834

Merit: 759

Quote from: drm on August 27, 2018, 09:36:50 AM

To be fair it does feel like most exchanges abide by their own rules and do what's best for themselves instead of their customers. Roll Eyes

Well they are businesses, and despite what they may say, their primary purpose is to make money, not to serve customers. That doesn't excuse bad service though so people should still vote with their wallets.

Quote from: vlad230 on August 27, 2018, 09:21:52 AM

It's always good to hear there are constant investments in exchange infrastructure.

Yeah, we should all be rooting for crypto businesses to succeed, not to fail. That only goes for legitimate ones though lol.

drm

legendary

Activity: 1176

Merit: 1005

Quote from: goshay97 on August 20, 2018, 12:18:50 AM

Huobi are a bunch of thieves that make up rules on the fly. I do not recommend these guys to anyone. Please save yourself a huge headache and use Binance or Kucoin.

To be fair it does feel like most exchanges abide by their own rules and do what's best for themselves instead of their customers. Roll Eyes

vlad230

sr. member

Activity: 616

Merit: 279

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi, an international blockchain asset firm, currently headquartered in Singapore and founded in 2013, has its offices spanned in the United States, Japan, South Korea, and Hong Kong.

After China’s nationwide crackdown on cryptocurrency exchanges and initial coin offerings (ICOs) in late 2017, the Huobi Group shifted its headquarters from Beijing to Singapore. Now, despite the declining prices of cryptocurrencies in 2018, Huobi appears to be moving forward aggressively with its expansion efforts.

It's always good to hear there are constant investments in exchange infrastructure.

I wonder if Huobi will open offices in Europe soon, I think they will have more credibility and opening up new opportunities doing so.

butka

full member

Activity: 434

Merit: 246

Quote from: Bitalkcoin$ on August 19, 2018, 07:06:16 PM

Huobi appears to be moving forward aggressively with its expansion efforts.

This is interesting. They seem to be doing well, and being the third crypto exchange by volume (after Binance and OKEx) seems to confirm that.

I've never used them, and I don't plan to use them, at least until I stop hearing people's complaints about them.

BTW, I also find it interesting that they have plans to create their own blockchain that would be used for voting on future coin listings and for fundraising events.

Wall_Streeet

jr. member

Activity: 252

Merit: 1

at the moment, this exchange has a very high credibility among investors, so I suggest to look after those who are not working with this exchange

RockBar0

member

Activity: 350

Merit: 10

Quote from: SunJAB on August 23, 2018, 08:26:37 AM

I intend to add money, here a little. There are too many issues to discuss. Make sure to participate, not to let the loss occur. It is sad. Thank you for sharing and I will consider this information.

If so, I suggest you consider your actions. According to many sources it is not good. We should take precautions to avoid possible losses.

SunJAB

member

Activity: 406

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

I intend to add money, here a little. There are too many issues to discuss. Make sure to participate, not to let the loss occur. It is sad. Thank you for sharing and I will consider this information.

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Talking about Kucoin, here's some scary scoop i just got to know for your reference -- https://www.newsbtc.com/2018/08/12/major-crypto-exchange-kucoin-hong-kong-offices-are-empty/

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Quote from: goshay97 on August 20, 2018, 12:18:50 AM

Huobi are a bunch of thieves that make up rules on the fly. I do not recommend these guys to anyone. Please save yourself a huge headache and use Binance or Kucoin.

Hi, thanks for dropping by to share your earnest opinion with us here. Well, let's see, time will tell us more.. Wink

goshay97

jr. member

Activity: 223

Merit: 1

Huobi are a bunch of thieves that make up rules on the fly. I do not recommend these guys to anyone. Please save yourself a huge headache and use Binance or Kucoin.

Bitalkcoin$

newbie

Activity: 84

Merit: 0

Huobi, an international blockchain asset firm, currently headquartered in Singapore and founded in 2013, has its offices spanned in the United States, Japan, South Korea, and Hong Kong.

After China’s nationwide crackdown on cryptocurrency exchanges and initial coin offerings (ICOs) in late 2017, the Huobi Group shifted its headquarters from Beijing to Singapore. Now, despite the declining prices of cryptocurrencies in 2018, Huobi appears to be moving forward aggressively with its expansion efforts.

Topic: Huobi's Fierce Move to March Forward (Read 205 times)