• Wed, Jan 16, 2019 06:32 PM
  • All times are UTC
  • Edition:
    International
Link copied

Crypto exchange Huobi re-launches in Japan

Huobi Singapore Office (via Huobi Global Instagram)

Jan 10, 2019 10:55 am UTC

Leading cryptocurrency exchange Huobi has officially announced the re-launch of its services in Japan.


The company had halted its operations in Japan last June as it did not have the required license from the Financial Services Agency (FSA). However, Huobi soon acquired BitTrade, which is one of the 16 regulated Japanese cryptocurrency exchanges, once again making inroads into the country.

Last month, BitTrade announced the complete termination of its trading system with plans to reopen under the Huobi brand, Bitcoin.com reported.

A report from CryptoNewsZ states that Huobi will launch a campaign to reward 500 yen (approximately $4.60) in XRP to new accounts. Furthermore, BitTrade has notified its users to open new accounts on the Huobi platform by completing all KYC requirements and transfer all their assets.

“We are sorry for the inconvenience caused by the termination of the Bittrade service and updating to the Huobi new system. In the new system, we will continue to offer more liquidity and convenience services, so we appreciate your patronage,” BitTrade said (as quoted by CryptoNewsZ).

According to the official website of Huobi Japan, the platform currently supports Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Monacoin (MONA).


Huobi, the sixth largest cryptocurrency exchange in terms of 24-hour trading volume, last year announced that it has selected five partners to launch cryptocurrency exchanges in five countries through its Huobi Cloud. In December, it opened its Russian office in partnership with the VEB Digital Transformation Center.

<Copyright © TokenPost. All Rights Reserved. >

The commenting service is available only after having logged in.
More
  • Bitcoin (BTC) $3,664.93 (-0.25%)
  • XRP (XRP) $0.331200 (+0.42%)
  • Ethereum (ETH) $124.36 (-2.53%)
  • Bitcoin Cash (BCH) $129.73 (-0.48%)
  • EOS (EOS) $2.46 (+1.79%)
  • Bitcoin (BTC) $3,664.93 (-0.25%)
Jan 16, 2019 (Wednesday)
11:52
Oil majors Chevron and Total join blockchain platform for energy commodity trading ‘Vakt’
10:45
Gibraltar Blockchain Exchange adds support for EOS on GBX-DAX
10:21
Blockchain startup Bitfury launches music division ‘Bitfury Surround’
09:34
Dubai telecom company du to develop blockchain solution for patient safety
07:48
SIRIN Labs re-opens flagship store in London for its blockchain smartphone ‘FINNEY’
06:36
IBM announces blockchain initiatives on mining and metals supply chain and tracking ethically sourced minerals
05:17
New Zealand crypto exchange Cryptopia suffers security breach
04:29
Iberdrola trials blockchain technology for tracking renewable energy
03:32
Israeli shipping firm ZIM advances blockchain-based Bills of Lading initiative to next phase
Jan 15, 2019 (Tuesday)
11:52
Blockchain startup Chronicled secures $16M in Series A round
11:33
KB Financial Group, LG team up to develop blockchain and AI-focused projects
10:06
Danish Tax Agency to obtain trading information from three local crypto exchanges
09:19
Swiss investment bank Vontobel launches crypto custody solution
07:22
Crypto project Bakkt announces first ever acquisition deal
06:30
HSBC settles $250B worth of FX transactions using distributed ledger technology
05:26
Vermont to launch captive insurance blockchain pilot
04:16
Monetary Authority of Singapore seeks to introduce regulation for cryptocurrency exchange services
04:15
Securities Commission Malaysia likely to launch crypto and ICO regulatory framework by Q1 2019
Jan 14, 2019 (Monday)
13:47
Crypto startup Totle raises $1M from Arrington XRP, NEO Global Capital, and Goren Helm Ventures
11:14
Google, Lenfest and blockchain startup ConsenSys back Automattic’s new publishing project “Newspack by WordPress.com”
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft