Huobi Futures Launches Daily Settlement and New Take-profit/Stop-loss Function The daily settlement function and upgraded take-profit and stop-loss functions enable all traders reap rewards and control risk in advance Huobi Futures, the leading digital assets derivatives trading platform from Huobi Group, today announced the launch of new features which will help traders better hedge risk and reap the rewards of a trade even before its delivery. The features include support for daily settlement for coin-margined futures trading and the launch of take-profit and stop-loss functions on the trading platform. Volatile market conditions can have a temporary yet significant impact on the cryptocurrency and broader financial markets, though some unpredictability is normal in a market environment. With daily settlement and take-profit and stop-loss functions, Huobi Futures allows both institutional and retail users to reap the rewards and control the ri
The first decentralized cryptocurrency passed $30,823.30 at 1313 GMT, after breaking $20,000 on Dec. 16.
Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD clinched $30,000 during trading on Friday.
After hitting new all-time highs of $29,700 overnight, the pair showed no signs of weakness, retesting the level several times before a final breakout occurred.
The area immediately below $30,000 had proven a source of intense selling pressure throughout the past few days, a setup similar to that which Bitcoin disrupted at $20,000 just weeks ago.
“If you’re looking for an entry to HODL Bitcoin long term, don’t nickel and dime an entry. You’re not going to sweat a few thousand dollars of non-perfect entry when it is $100,000, $200,000,$300,000 in a year,”
Huobi Gets Nevada License, Plans To Return To US
Last Updated: 23 December 2020
Top crypto exchange Huobi Group is planning to return to the US market after suddenly leaving in 2019. Based on its Tuesday filing with the Hong Kong Stock Exchange, the exchange said the Nevada Financial Institutions Division has also approved a trust license for the subsidiary Huobi Trust Company.
With the license, the company can offer compliance and custodial services in the U.S. market from 2021. It will coincide with the exchange’s plan to toll out regulated financial products and services in the US.
A trust company manages the assets of a group of investors. An example is the Grayscale trusts, which use the structure to provide crypto exposure within the traditional market.
Huobi Set For US Return after Acquisition Of Nevada Trust License btcmanager.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from btcmanager.com Daily Mail and Mail on Sunday newspapers.
Huobi Futures announces APP aervice of cross margin mode for USDT-margined swaps
Submitted
22/12/2020 - 11:00am
Huobi Futures has announced the APP launch of cross margining of USDT-margined swaps on its digital asset derivative trading platform.
With the new feature, any profitable positions in this mode can offset positions that are close to be liquidated. By allowing users to tailor their portfolios to the strategies they are partial to, Huobi is providing traders with greater convenience and helping them avoid unnecessary liquidation when their overall portfolio is otherwise sound.
“With cross margining, we’re aiming to give our users more control over the way they trade digital assets and manage their portfolios a key objective at Huobi,” says Ciara Sun, Vice President, Global Business at Huobi Group. “Everyone has a different trading methodology and strategy, so we want to empower users to build diverse portfolios without penalising individual positions within a