Huobi Derivatives Market (DM) Lists TRON (TRX) as the Seventh Crypto Asset on the Exchange
On Friday, April 26, 2019, the Huobi Derivatives Market included TRX to its list, making it the seventh asset included to date reports PR Newswire. So far, the DM includes Bitcoin [BTC], Ethereum [ETH], EOS [EOS], Litecoin [LTC], Ripple [XRP], and Bitcoin Cash [BCH].
Huobi DM was created with the aim of providing a safe, professional and efficient digital assets derivative services. Another aspect that has been highlighted is the yearn to meet the needs of digital asset derivatives investment, which is evidently in the works, as the team has since been trying to increase assets versatility.
The CEO of Huobi Group, Ross Zhang, has expressed how big a deal adding TRX is for their derivatives market. In particular, he said:
“The addition of Tron is another big step towards our goal of making Huobi DM the most powerful and flexible platform of its kind,” adding that more coins will be included in “the course of this year.”
With TRX’s introduction to the Huobi platform, the exchange will allegedly be giving away one million TRX tokens to Huobi DM traders, along with, “Offering a 100% maker fee rebate on TRX contracts to our users.”
Although Huobi was not able to succeed in China, it seems like they are doing fairly well, as they are continuing to expand the services offered on a global scale.