The MENA region is overtaking Asia as the global leader in cryptocurrencies, as countries embrace blockchain technology and individuals look for new opportunities to diversify their investments. Encouraging Huobi, one of the world’s largest digital assets exchange provider to expand its presence in Lebanon and Middle East with its latest range of product offerings.
Huobi Cloud; a one stop customised solution offers a white label digital assets exchange with access to over 450+ digital asset pairs, (Order book and liquidity from Huobi) and trading platforms (available on desktop, iOS and Android mobile app), with plans to offer addons to the cloud services in the coming months.
CashU, a leading online payment provider recently launched its virtual digital assets trading on their mobile app, that is powered by Huobi. This has allowed millions of users to trade Bitcoin, Ethereum and other digital assets directly from their mobile phones. Other than spot trading, Huobi offers a mix of products to cater to Institutional customers. Huobi DM is an example, users can make a profit from the rise/fall of digital currencies prices by going long or selling short based on their judgment.“Lebanon has shown a great appetite to engage and adopt blockchain technology,” saidMohit Davar, Co-Founder, Huobi MENA. “Our core mission is to enable our users to diversify their investments for a better tomorrow. Today Huobi, provides a variety of digital asset services globally on a uniform platform for crypto enthusiasts to invest all under one secure, convenient and well-established exchange.”