More

    Huobi Adds BSV/HUSD Trading Pair; 33% Still Believe Craig Wright's Bitcoin SV Is The Real BTC

    Singapore-based digital currency exchange, Huobi, recently added Bitcoin SV to its trading pair portfolio. The firm also posted an opinion poll on twitter asking whether Bitcoin SV is the real BTC; over 30% of the participants believe it is!

    Huobi has largely dominated Asia’s crypto market space especially with the tight regulations in China. The platform’s strong transactional volume has made Huobi stand out in the crypto exchange business. Bitcoin SV will now add to these numbers following the green light to trade against Huobi’s stable token ‘HUSD’.

    The HUSD stablecoin is a relaunch by Huobi; they redesigned the token to be ERC2O compliant earlier on in 2019. Initially, the dollar-pegged HUSD was not and ERC-20 token and had operated with this structure since it was pioneered in 2018.

    Bitcoin SV Pair Prospects on Huobi Exchange

    The twitter poll by Huobi revealed that Craig Wright’s Bitcoin SV has quite a following on the platform. A third of the responses supported that Bitcoin SV might be the real Bitcoin; this is around 850 people according to the total number of participants.

    However, stats from similarweb show that most of the traffic on Huobi exchange is fueled by the Chinese market. It, therefore, follows that the twitter poll not have captured the real market given China has banned twitter for its citizens.

    Bitcoin SV’s market cap currently stands at 2.2 billion; this is a drop in the ocean compared to Bitcoin’s market share. Back in August, OKEx, a leading crypto exchange featured Bitcoin SV futures settlement as well as Ethereum’s. The digital coin has become popular over time and is expected to grow by stakeholders in the Bitcoin SV community and crypto exchanges like Huobi.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Lujan Odera
    Lujan Odera
    Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    3,261FansLike
    2,714FollowersFollow
    4,094FollowersFollow

    Live Bitcoin Price & Latest BTC Chart News

    Today's Latest Crypto News

    Bitcoin’s Hash Rate Hits A fresh All Time High Signifying A Strong Network Before Halving

    Bitcoin hash rate has hit a fresh all-time high (ATH) which shows that the king crypto has continued to gain on its technical ability. Fresh...

    Top 20 Best Cryptocurrencies in 2020: Which Coins to Watch For This Decade

    As the new decade dawns upon the emerging digital asset economy, it's important to analyze the current cryptocurrency market landscape and find out which...

    CZ Says BNB Burns Not Priced In after 2.2 Million Binance Coin Taken Out of Circulation Forever

    Binance burns $38.8 million worth of B&B and raking in a profit of $194 million 4Q19 CEO changpeng Zhao, CZ is “mystified” that...

    Bitcoin SV Price Falls Hard After Craig Wright's Lawyer Reveals He Has No Private Keys

    BitcoinSV, (BSV)'s value took a drastic plummet by 17% yesterday evening after the news broke that Craig Wright was unable to show proof that...

    India's Supreme Court Continues To Hear Case Against RBI Cryptocurrency Ban

    The Reserve Bank of India had issued a circular in April 2018, which imposed a banking ban on crypto service providers. The circular prohibited...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.