Huobi Welcomes Genesis Vision’s Fund Managers to Make Trades More Efficiently via OTC Desk
Genesis Vision, a Blockchain-powered trust management hub has just partnered with Huobi. The partnership will help fund managers operating under Genesis to conveniently handle a host of crypto-related trades on the decentralized exchange.
Huobi Global is the world’s 3rd largest cryptocurrency exchange when it comes to 24-hour trading volume. And buoyed by its recent launch of the Over-the-Counter (OTC) desk, the exchange has been expanding its reach, a move it aims to use in catering for the increasing high-volume trades.
Lots of Benefits for Genesis’ Fund Managers
But, while the deal will primarily allow Genesis’ fund managers to transact on the giant exchange, the main benefit is the freedom and the perks that will come with this privilege. Basically, each of the managers will enjoy free access to Huobi’s proprietary User Interface as well as their trading terminal.
Some of the benefits they will enjoy include the margin trading capabilities, besides getting in-depth market charts explaining more on expert crypto-analysis. It is a partnership which is geared to help them trade better while taking advantage of what the large exchange has to offer.
It is essential to acknowledge the fact that this partnership isn’t the first for Genesis Vision. This distributed trust management platform has been actively gaining valuable work partners who include FX brokers and cryptocurrency exchanges. It has been doing this in a bid to widen its pool and still grant its fund managers more trading options.
Already Working With Several Other Exchanges
Genesis takes advantage of the liquidity it gets from various exchanges to serve its clients more, including giving them more profound order books. And besides having Houbi, it also has a stable working relationship with Binance and LMAX Digital, even as talks with more exchanges continue.
Cumulatively though, fund managers of this trust management hub which uses smart contracts, have free access to more than 500 digital assets. The crypto exchange platform they partner with only offers token and futures trading as everything else, including setting up an effective investment program is left to the manager.
Genesis Vision has grown to be an ideal, well-managed private trust management market that’s best suited for the future. It is aligned to Blockchain and smart contracts, a factor that endears it with what savvy traders, brokers, and investors. It is still a startup, yet everything about it mirrors a professional trust management platform where diverse personalities operating in a decentralized network converge.
This platform’s FX arm has also been racking in a couple of reputable brokers. It already has the rapport of RoboForex and Just2Trade, although several others are yet to be made public.