Huobi Releases New Derivative Market On Huobi Global

Providing users with more accessibility and seamless experience

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Huobi has integrated a new Derivative Market (Huobi DM) with Huobi Global, the companies’ flagship cryptocurrency exchange platform. This will allow Huobi users to have a seamless user experience and fuller accessibility to a variety of Huobi products via their website and mobile app.

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Huobi DM allows users the ability to trade on both rising and falling Bitcoin (BTC) and Ethereum (ETH) prices. In addition to allowing users to take long and short positions, it provides tools for arbitrage, speculation, and hedging. Huobi DM currently offers weekly, bi-weekly, and quarterly cryptocurrency contracts.

“As the cryptocurrency market expands and matures, sophisticated traders are increasingly looking for a broader range of tools. Integrating Huobi DM with Huobi Global allows us to better serve those user’s needs by offering them our full range of trading services in one convenient place,” said Livio Weng, CEO of Huobi Global.Derivative

While similar services do exist from other providers, Huobi DM sets itself apart via:

  • Superior risk management: including Price Limit, Order Limit, and Position Limit.
  • Real-time risk supervision: we constantly monitor contract prices, index prices, abnormal transactions, and positions.
  • Investor protections: including a 20,000 BTC Huobi Security Fund to protect users against catastrophic security failures and a dedicated Risk Management Insurance Fund for each trading pair against unfilled liquidation order losses.
  • Preferential trading fees and bonus for makers: only 0.03% for takers. Makers get 0.01% bonus.
  • Leverage flexibility: Huobi DM offers 1X, 5X, 10X, and 20X leverage.
  • Speed: high memory and 10X matching speed compared to market average speed.

As an introductory special, Huobi will be running a number of promotions for its users. Among other benefits, we will give out 1,000 Huobi Tokens (HTs) to three lucky users who have completed risk certifications and opened contract transactions in December. The top 8,000 users who have completed risk certification and made at least one transaction will get 5 HT over the same period.

Huobi DM is not available to users from the United States of America, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador and Kyrgyzstan.

For more information, please visit www.hbg.com

About Richard Kastelein

Founder and publisher of industry publication Blockchain News (EST 2015), partner at ICO services collective CryptoAsset Design Group ($500m+ and 50+ ICOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur.

He sits on the advisory boards of some two dozen Blockchain startups
and has written over 1500 articles on Blockchain technology and
startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat

Ad honorem - Honorary Ph.d - Chair Professor of Blockchain at
China's first Blockchain University in Nanchang at the Jiangxi Ahead
Institute of Software and Technology. In 2018 he was invited to and attended University of Oxford's Saïd Business School for Business
Automation 4.0 programme. Chevalier (Knight) - Ordre des Arts et des
Technologies at Crypto Chain University and on advisory board of Advisory Board Member of International Decentralized Association Of Cryptocurrency And Blockchain (IDABC) as well as Advisory Board Member at U.S. Blockchain Association.

Over a half a decade experience judging and rewarding some 1000+
innovation projects as an EU expert for the European Commission's SME
Instrument programme as a startup assessor and as a startup judge for
the UK government's Innovate UK division. Kastelein has spoken
(keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London (5x), Manchester, Minsk, Nairobi, Nanchang, San Mateo, San Francisco, Santa Clara, Shanghai, Singapore (3x), Tel Aviv, Utrecht, Venice, Visakhapatnam, Zwolle and Zurich

His network is global and extensive. He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe

He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.

A journalist by trade, an entrepreneur and adventurer at heart,
Kastelein's professional career has ranged from political publishing to
TV technology, boatbuilding to judging startups, skippering yachts to
marketing and more as he's travelled for nearly 30 years as a Canadian
expatriate living around the world

In his 20s, he sailed around the world on small yachts and wrote a
series of travel articles called, 'The Hitchhiker's Guide to the Seas'
travelling by hitching rides on yachts (1989) in major travel and
yachting publications. 

He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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