Huobi Pro is one of the leading digital currency trading platforms and it is established in more than 130 countries, has officially listed one of the most popular digital currencies in the market – Monero (XMR). The deposits have already been stated on Huobi Pro from the 7th of June 2018.
The Trading Pairs of Monero (XMR)
Trading of Monero against Ethereum (XMR/ETH) and Monero against Bitcoin (XMR/BTC) will be made available on the Main Zone 4:00 PM on the 8th of June 2018.
The platform of Monero
Monero being a secure and private network for transactions don’t allow any third-party interference. In other words, your activities cannot be accessed by users, neither can they check your account balance. The platform of Monero uses cryptography to offer the benefits of mystifying the process of receiving and sending addresses, as well as transactions, without any modifications of mainstream privacy.
It also enables faster transactions which are recorded on the blockchain and confirmed by distributed consensus. This means it is regulated by different digital currency users together.
Withdrawals on the Huobi Pro platform will begin on the 10th of June at 4:00 PM. It is very obvious and no longer a new thing that investing in digital currencies comes with a lot of risk as a result of the high fluctuation level of the market.
As a result of this, the blockchain of Monero promises its users with transactions that can’t be linked to a particular user. Huobi.com as a site is aimed at making the financial sector more efficient and transactions more accessible to all.
Unlike Bitcoin and Ethereum, the community of Monero doesn’t have a transparent blockchain and it is funded through the donations of the community. The platform is free and it’s not restrained by any legal authority, and it has an overall supply of $16.107 million. The value of the digital currency has also seen an increase of 6.54 percent in the last seven days.