Crypto exchange giant Huobi Global has launched a crypto trading mobile app dedicated solely to the Russian market. The crypto exchange released a native mobile app yesterday for cryptocurrency traders in Russia. The cryptocurrency trading app is available for Android and iOS mobile device users. According to the press release by Huobi, Russians now have full access to the exchange’s spot market and can trade 100s of digital assets and cryptocurrencies using their simple and intuitive mobile app.
Huobi continues to expand its global presence.
This latest development comes as the crypto exchange Huobi continues to expand its global presence. The crypto exchange believes that Russia is one of the leading markets for the crypto space, and it intends to explore the numerous opportunities in the country. Currently, Russian crypto traders account for 10 percent of the total spot trading volume on Huobi. However, the crypto exchange wants to expand further into the Russian market by providing local traders with safe, professional, and transparent trading services in a native mobile format.
“Huobi is committed to the Russian markets despite upcoming crypto regulations.”
Ciara Sun, the Vice President for Global Markets at Huobi Group, stated that the company is committed to the Russian markets despite recent speculation that the Russian Government intends to regulate the crypto space. “We are moving full steam ahead to give local users a more intuitive way to buy and trade crypto from their mobile devices,” the vice president added. From the Huobi mobile app, Russian crypto traders can access various trading pairs along with access to different trading methods, such as limit and market orders. The Russian Huobi app will also provide users with professional candlestick charts, price alerts, real-time prices, 24/7 customer support, and expedited fund availability. Earlier, Huobi Global had partnered with Huobi Russia, which is an independent entity that had been around since 2018.