We offer a forecast of the Ripple exchange rate for the last six months of this year.Ripple is an interesting, but rather volatile cryptocurrency ecosystem, depending on a number of market and third-party factors. The most relevant is the battle with the financial regulator, where, despite the pessimism of observers, the crypto system wins against the state. We will tell you what experts think about the prospects of its ecosystem, and offer a forecast of the Ripple exchange rate for 2021.What factors determine the forecast of the Ripple exchange rateAccording to the analytical group StormGain, in December 2020, the SEC (the US Securities and Exchange Commission) required Ripple to provide financial information about the accounts of the company and its founders for the past eight years.This followed a claim about the illegal sale of a cryptocurrency worth a total of $1.3 billion, since XRP must be a security to attract investment.Ripple CEO Brad Garlinghouse and co-founder Chris Larsen called the regulator's requirements "inappropriate abuse of authority" and "invasion of privacy", sending a counterclaim to the court. "Because of the regulator's claims, Ripple, which was once in the top 3 by capitalization, missed the autumn 2020 rally. But now he has grounds for returning his positions," StormGain analysts note.The court granted the request of the Ripple executives to reject the SEC's request for detailed financial information. This is the second victory over the regulator, since last week the court confirmed the company's right to study the internal official correspondence of the SEC. Ripple is trying to find out on what basis the regulator considers the cryptocurrency a security."In the absence of proper grounds, the regulator's claim will be insignificant. Two court cases won against the SEC increase the likelihood of this event. The same is believed by investors who are actively buying XRP for the second week. During this time, the price has tripled, and the number of new addresses has almost reached a six - month maximum," analysts share information.April turned out to be a month of won court cases for Ripple. In addition to the debate with the SEC, the company emerged victorious from a legal dispute with Tetragon Financial Group. As an investment attraction partner for Ripple, Tetragon demanded a share repurchase. However, this scenario is prescribed in the contract in case XRP is recognized as a security. Since the cryptocurrency did not receive such a status, the court rejected the claim. Now Tetragon must pay legal costs, the amount of which has reached $3.4 million."There is still no final decision on the status of XRP, respectively, the key risks remain," analysts doubt. Nevertheless, they are confident that the three court cases won in April significantly fueled interest in this cryptocurrency and positively influenced Ripple's forecast.Ripple Forecast: the main advantagesThe battle with the state is just an episode in the history of cryptocurrency, yes, this example is vivid and indicative, but there are a lot of other factors by which you can evaluate the advantages and disadvantages of this cryptosystem. To begin with, XRP is a formally unrelated cryptocurrency to Ripple, which the RippleNet network uses as an intermediary token for some transactions.Among the advantages of the currency, analysts of the Exmo exchange call the low cost of transactions. When processing each transaction in the RippleNet network, the system writes off 0.00001 XRP from the initiator. This is not a commission that goes in favor of the validator, the owner of the system or someone else. "The platform simply writes off these coins from the sender's account, and they are destroyed, which is necessary to protect transactions from spam and reduce the risks of manipulating the cryptocurrency exchange rate," experts note.The next advantage is the lack of mining, which also has a positive effect on Ripple's forecast for 2021. The cryptocurrency uses an original consensus algorithm, which implies the creation of a small pool of trusted nodes for validating transactions. At the same time, each participant chooses which nodes he will entrust the verification of his transactions (as in Stellar).In addition, the cryptosystem has a relatively high throughput. Theoretically, the network is capable of processing up to 1500 operations per second. For comparison, Bitcoin has 7 TPS, Ether-20 TPS, Visa-24000 TPS. Analysts also emphasize the high speed of transactions — they are confirmed in four seconds in the XRP Ledger.Ripple Forecast: the main disadvantagesHowever, there is also enough criticism about this ecosystem. The main critic of the Ripple startup, IT analyst and Forbes expert Jason Bloomberg, considers this cryptocurrency network dubious and even accuses its creators of fraud. Here are the most reasonable arguments that negatively affect the long-term forecast of Ripple.According to Exmo analysts with reference to Bloomberg, Ripple created an open source XRP Ledger "community" to hide the fact that they had issued hundreds of millions of XRP, most of which they kept for themselves. According to the expert, Ripple is strongly fenced off from the management of XRP, although the company has created this community and manages it.Moreover, the startup claims that their product solves the problem of liquidity in cross-currency banking operations through the mediation of XRP. However, as a critic of the system states, " in order for XRP to work as an intermediary, banks must maintain sufficient XRP reserves that will allow them to respond to transaction requests."This approach, according to Bloomberg, cannot work for two reasons. Firstly, banks and other network participants do not want to hold capital in XRP due to the high volatility of the coin. A currency whose price has fallen by 80% today, and will grow by 100% in a month, simply cannot be a reliable intermediary.Read more: Volatility: types, how to track and how to useSecondly, reserving funds in XRP does not solve the main problem of money transfers from countries with more stable national currencies to countries with less stable currencies, since such transactions usually go only in one direction.However, as practice has shown, the Ripple technology simply does not work as its creators tell about it, which is why most of the statements about integration with large banks and other payment services eventually led to nothing.In particular, Ripple was tested by American Express, Santander, Western Union, and they refused it, because the transfers were not instant, but took up to two days, and the transaction price was also higher than the stated one.Is it worth buying RippleThe bullish growth of 2020, which began by the end of the year, helped the value of the asset to rise. The Ripple exchange rate reached $0.8 before ending the year at $0.66. The beginning of 2021 was supposed to be a continuation of the growth in the value of XRP, but this did not happen due to the SEC's announcement of a lawsuit.Read more: How to determine the beginning of the movement of the "bull" market?After the announcement, some exchanges excluded XRP from their platform. Many of those who held the token also sold in a panic. This led to the fact that the Ripple rate fell to $0.166. However, it rose again, rising to $0.755.In 2021, the Ripple exchange rate opened at $0.219. In January, the lowest price of XRP was fixed at $0.215, and the highest price was $0.499. XRP was trading at $0.415 in early March, then reached a low of $0.413, reaching a high of $0.602.At the beginning of May, the XRP rate was at $1.60. In the same month, the lowest price was recorded at $0.652, and the highest - $1.76. According to Moody's research, 2021 will be a good year for blockchain with a huge increase in standards, which will directly affect the price of Ripple.Ripple already has development plans for 2021. Considering how past events or have led to an increase in the value of XRP, the currency can reach $2. This will happen if the actions of Ripple technology lead to partnerships with a large number of financial organizations.Ripple's forecast for 2021The maximum projected price for the year is $2, although it may also fall, since the minimum price forecast is $0.1, if the SEC lawsuit is not settled in favor of Ripple.According to the experts of Investing Haven, the price of the token should have reached $20. At first, they assumed that the coin would reach the coveted maximum in 2019, later they shifted their forecast first to 2020, and then to 2021.The trader of Credible Crypto believes that the bullish trend will give the coin a powerful impetus and Ripple will grow by more than 1000%. As a result, by the end of 2021, the cryptocurrency exchange rate will reach $25-30.According to CoinSwitch's forecast, XRP can reach the $2 mark in 2021, trade at about $3 in 2023 and grow to $4.52 in 2025, thanks to new partnerships and new technologies.WalletInvestor is quite pessimistic about the prospects of Ripple and does not recommend it as an investment. Although, according to analysts, the asset will grow above $1 in 2021. It is worth noting that last year's forecast of the company was not fulfilled: they predicted a drop in the price to $0.026 in November.According to experts of the TradingBeasts platform, in December 2021, the Ripple exchange rate is projected at an average of $0.6639923. The expected maximum price is $0.8299904, the minimum price is $0.5643935.From the point of view of fundamental analysis,XRP is clearly undervalued. Due to its features, it is difficult to compare it with other cryptocurrencies.But the coin has a real application – XRP has universal liquidity, is scalable and is cheaper than its competitors. In addition, despite the recent growth, it is still far from its historical maximum of $3.3. Since this asset has really good prospects, we can expect it to grow in the ...
Bitcoin, Ehtereum and XRP forecast for today, October 5, 2021This is a good signal in favor of further growth, as it opens up the prospect of reaching the psychological mark of $50,000. On large volumes, another wave of growth may begin. In this case, traders can buy up to $51,000 and above.The capitalization of the cryptocurrency market by the end of Monday amounted to 2.16 trillion US dollars against 2.13 on Friday. This means that money has entered the market, which means long positions.Recall that at the end of last week, the main cryptocurrency strengthened by about $3,000, and was trading around $48,000 - $49,000. In general, Bitcoin gained about 10% during trading Friday, and almost 15% during the week. This is the strongest growth since August. It is clear that market participants have shown an appetite for risk against the background of good news. Fed Chairman Jerome Powell said last week that he was not going to ban cryptocurrencies. This is a serious statement that practically cemented the prospects for further development of the American cryptocurrency market share.In our forecast, first of all, we start from the publication of important macro statistics of the USA and the Eurozone. Global market signals can affect the trading of the most capitalized cryptocurrencies.At the European session, attention will be on the index of business activity in the Eurozone services sector for September. The current value is better than the forecast may increase optimism in the European session.The business activity index (PMI) in the US services sector for September will be released at the US session. A little later, the ISM Purchasing managers' index for the non-manufacturing sector of the United States will be published last month. Good data will increase long positions on the US dollar.Recall that if macro data from the United States is better than the forecast during the week, then the dollar may strengthen and the cryptocurrency market weaken. Cryptocurrencies are very volatile and can correlate with the foreign exchange market if there is an increase in trading ...
Bitcoin, Ehtereum and XRP forecast for today, September 30, 2021The price of bitcoin has dropped to around $4,1200. Ethereum reached the level of 2800, and the price of XRP slightly strengthened to the price value of 92 cents. The total capitalization of the digital currency market was 1.83 trillion dollars.The Ethereum 2.0 network is waiting for the first update since the launch of the network in December last year. The Altair update is scheduled for October 27. It is planned that it will simplify control over the state of the central chain, solve some problems with incentives for validators and set penalty parameters for node inactivity and other violations to ensure the economic stability of Ethereum 2.0. Altair will also allow testing the update mechanism in the main network before more serious changes, including before merging with the existing network on the Proof-of-Work consensus mechanism. After the update, in December, the existing Ethereum network is waiting for another deactivation of the complexity bomb. The mechanism will help stimulate the transition to the updated blockchain by rapidly increasing the complexity of mining, but Ethereum 2.0 is not yet ready for a full-scale release.Switzerland continues to follow the path of adopting cryptocurrencies. The country's financial regulator has for the first time approved the launch of a cryptocurrency fund on an index consisting of ten crypto assets. The fund was launched by the Swiss asset manager Crypto Finance and a large investment management firm. The custodian is SEBA Bank, which received a license to store digital assets this week. FINMA stated that the new fund is intended only for qualified investors. The purpose of the index is to reliably assess the dynamics of the largest liquid cryptocurrencies and tokens and provide an investment benchmark for this asset class. Recall that in February FINMA began to tighten cryptocurrency regulation. In accordance with the new rules, users of digital currencies will be required to undergo identification when performing transactions with crypto assets worth more than $1,000.The forecast assumes a decline in bitcoin to the levels of $41,000, $40,500 and $40,000. Ethereum will fall to the supports of 2780, 2750 and 2700 dollars, and XRP will fall to the levels of 90, 87 and 85 ...
The price of bitcoin has fallen to the support of $41600. Ethereum declined to $2,850, and XRP reached the level of 91 cents. The total capitalization of the crypto assets market amounted to 1.83 trillion dollars.Bitcoin again lost all the gains of the weekend, along with a decline in stock indices and gold, while the yield of US government bonds increased and the dollar strengthened. All major US stock indexes, including the S&P 500, Dow Jones and Nasdaq, have remained in the red zone over the past month. Gold is declining by 5% relative to the high of the beginning of September. At the same time, the yield of ten-year US government bonds exceeded 1.5% for the first time since June. The dollar index updates monthly records. Analysts note that about 87% of bitcoin's performance is due to periods of growth in the yield of ten-year US bonds.Meanwhile, more and more crypto companies refuse to work with clients from China. At least three more cryptocurrency trading platforms have announced their withdrawal from the Chinese market. In addition, two of the most famous sites for tracking cryptocurrency assets, CoinGecko and CoinMarketCap, were blocked. At the moment, both resources are not available on 100% of the territory of China. The reasons for blocking are not specified. Users began experiencing difficulties accessing the sites on Tuesday morning local time. Chinese e-commerce giant Alibaba has announced that it will stop selling cryptocurrency mining equipment from October 8. Also, the F2Pool mining pool, founded in 2013, begins to turn off Chinese computing power. It is currently the largest pool in the world by bitcoin mining volume with a share above 18%. Earlier, the largest ethereum pool SparkPool announced the complete cessation of activities, including for foreign miners. The restrictions are being introduced against the background of a new statement by the Chinese authorities on combating illegal activities in the cryptocurrency space.The forecast assumes a further decline in the price of bitcoin to the levels of 41300, 41000 and 40,000 dollars. Ethereum will decline to the levels of 2800, 2750 and 2700 dollars, and XRP - to the price values of 90, 88 and 85 ...
Bitcoin, Ehtereum and XRP forecast for today, September 28, 2021The price of bitcoin fell to the level of $42900. Ethereum has fallen to the support level of 2900, and XRP is trading at 93 cents. The total capitalization of the digital currency market was $1.89 trillion.The cryptocurrency market is still under pressure due to the strict restrictions of the Chinese government. Two of the largest mining pools in the country are forced to take drastic measures due to bans. Manufacturers of ASIC miners and pools turned out to be the last large enterprises in China involved in the cryptocurrency industry. And a complete ban on operations with cryptocurrencies for business dealt them the last serious blow.The largest bitcoin mining pool, F2Pool, refused service to miners from China. And Sparkpool, the second largest Ethereum mining pool, is forced to go even further and completely stop its activities. After blocking users from China last Friday, the Sparkpool administration continued to disable miners and plans to suspend the work of all registered users of the mining pool on September 30, both in China and abroad.The first algorithmic Djed stablecoin will be launched on the Cardano network. The developers said that the cost of the Djed token will be provided by smart contracts. The algorithms will operate with the stocks of the base coins so that the price of Djed is about a dollar. It is expected that the demand for stablecoin will be huge, as it can be used to pay commissions on the Cardano network. In addition, the token is being developed with an eye to using decentralized finance in projects. Over the past few years, blockchain users have been using stable cryptocurrencies for everyday operations, as they provide the possibility of fast and unhindered movement of funds, regardless of the location of the sender and recipient. The developers believe that the appearance of Djed in the Cardano network will significantly improve the calculation of transactions on the platform and increase the demand for the blockchain token.The forecast assumes a decline in the price of bitcoin to the levels of 42700, 42300 and 42000 dollars. Ethereum will decline to the levels of 2850, 2800 and 2700 dollars, and XRP - to the price values of 90, 87 and 85 ...
Brief description of Huobi GlobalFounded in 2013, the Huobi Global Exchange is a centralized platform. According to the Coingecko resource, the exchange has an average (8) reliability rating. As of September 2021, 0 cryptocurrencies are traded on the exchange, the most active trading pair is ETH/USDT. The maximum trading volume for the last 30 days was reached on August 7 in the amount of 161,756 BTC.Verification: OptionalTelegram /huobiglobalofficialFaceBook /huobiglobalofficialTwitter /HuobiGlobalDetailed review of the Huobi Global ExchangeHuobi is a cryptocurrency exchange founded in China in 2013. It is registered in the Seychelles. Link to the official website of the exchange — Huobi.com. It provides opportunities for spot, margin, futures (perpetual contracts, options) and OTC trading. Confidently enters the top-3 in terms of trading volume (turnover-over two billion dollars in 24 hours). It exists both in the web version, and in the form of desktop and mobile applications.Read more: What are futures: types, features, advantages and risksWe offer a detailed overview of the functionality of the Huobi exchange, its advantages and disadvantages.ContentGeneral descriptionTeamFunctionalHow to trade on HuobiVerificationHow to trade on the Huobi exchangeMoney managementHT Token - description of the cryptocurrency from HuobiHuobi WalletHuobi Input and OutputCommissionsSafetyTech. Huobi supportComparison with other top exchangesAPI HuobiHuobi ReviewsAdvantages and disadvantagesConclusionGeneral descriptionRegistration on the platform is available to users from more than 130 countries of the world - wherever transactions with cryptocurrencies are not prohibited by law. Huobi is a multilingual platform that supports such languages as Chinese, English, French; German, Turkish, Portuguese, Spanish.TeamThe founder and CEO of the Huobi Group is Leon Lee. Previously, he worked as a computer engineer at Oracle. He graduated from the Department of Automation of Tsinghua University and became a successful entrepreneur in the field of financial technologies.Other team members:The Chief Operating Officer (COO) is Robin Zhu. He has experience in the field of corporate governance and practical data analysis. He also worked at Oracle at one time. Initially, he was deeply interested in the blockchain industry and Big Data.The head of the Security Department (CSO) is Simon Wu. He is responsible for risk management, previously worked in international consulting firms and government agencies, dealing with business security and management issues.The technical director is Roy Zhu. He was a technical expert at Alibaba, a partner and senior vice president of Jinshan Cloud, and also held a management position at Taobao. Is responsible for the research and development of new functionality.FunctionalHow to trade on HuobiThe Huobi exchange is designed to manage cryptocurrency assets in the following ways:Spot trading. Trading with instant settlement, when funds are transferred between the buyer and the seller here and now, based on the current market value of the asset.Futures trading. Trading contracts containing information about the value of the currency and the time of sale. By entering into such a contract, the buyer and the seller undertake to transfer funds at a specific rate and at a specific time. An effective tool for hedging risks.Margin trading. Trading with leverage — the user takes a certain amount of credit funds secured by the assets available to him and thereby can use a larger amount in trading than he has. This increases the potential profit, but also the risks. The available leverage level is individual for each currency.OTC. A P2P exchange platform that connects fiat money and digital assets. It is intended for institutional investors who make large transactions and want to do it completely in the legal field.The index is HB10. It includes 10 top cryptocurrencies, works in conjunction with an investment product that helps to invest funds in the entire basket of promising assets at once.Fiat. Quick purchase or sale of cryptocurrency for fiat money. Supported payment methods: VISA/Mastercard bank cards, Western Union, e-wallets.Huobi Global currently works with 286 coins (770 trading pairs).Read more: P2P: where peer-to-peer networks are usedVerificationTo start trading, you do not need to verify your identity, but you can pass it to expand the withdrawal limits and get access to additional functions. Go to the "Verification" section and enter the necessary information — passport or driver's license number, first name, last name, upload a scanned passport in JPG or PNG.Verification on the exchange is not required, but it gives additional advantages when using the platformThe information is manually confirmed by the exchange's employees, usually it takes no more than two days.How to trade on the Huobi exchangeLet's look at how to trade cryptocurrencies and tokens using the Huobi platform.In the central part of the screen, under the chart, there is a section for creating buy or sell orders. Huobi supports the following main types of orders:Market. The user specifies only the desired amount of cryptocurrency. The transaction is made instantly and at the market price that is at that moment.Limit. The user specifies both the amount and the cost of the cryptocurrency. As soon as a counteroffer appears, the order is automatically executed. All created limit orders are located in the so-called glass (or orderbook).Stop limit. A subspecies of a limit order. While a regular limit order is executed when the specified price is reached or better, the stop limit is executed at the specified price or worse.Trigger-an order (by limit or by market).Advanced tool-creates an order that is executed automatically immediately after the execution of another order. In the right part of the trading terminal interface, there is a history of all completed orders — date, volume and price. And at the very bottom — information about active and completed transactions of a particular trader.Money managementHuobi Global includes a number of opportunities for managing funds for investors. After entering the exchange, the following tools are available:Blocking and mining HT. Holders of the exchange token (HT) can participate in the airdrop. To do this, they need to block at least 100 HT on their account for a period of 7 to 90 days. After the expiration of the period, a bonus is awarded in the form of a certain amount of Huobi Pool Token (HPT).Landing page. Investment of USDT or BTC at interest for 10, 20, 30 days. The interest rate can be entered manually (from 0.01 to 0.09% per day) or set the optimal one. Other users then select suitable options from the entire pool of available offers.Storage of assets. Professional asset storage services for companies and institutions. Clearing and detailed reports are included in the price.Asset management. A digital asset service platform for professional users. There is a choice of three investment strategies with different levels of risk and profitability.Savings (available only after verification). A deposit account with an interest income. The interest is periodically adjusted, at the moment it is 7.28% per annum for USDT and 3.5% for BTC.A new Pool Savings section was also recently opened. This is a tool for working with DeFi tokens. It includes profitable farming of new and promising tokens.Read more: What is an airdrop of cryptocurrencies - is the game worth the candleHT Token - description of the cryptocurrency from HuobiHT is a token, a cryptocurrency officially launched by the Huobi exchange in 2018. Functional purpose and why it is needed:Discounts from 10% to 95.15% on trading fees (depending on the number of tokens held).Participation in events and events held by Huobi.Farming of the HPT token.VIP status.Use as a guaranteed asset with a cross-margin.Deflationary burning scheme to maintain the value of the asset:Asset allocation schemeToday, there are HT holders in more than 180 countries around the world. It is traded, in addition to Huobi, on the Bibox, Bitforex, Coinsbit, HitBTC, MXC, etc. exchanges.Huobi WalletThe universal multi-currency wallet from Huobi Global can be downloaded from the links:For Android - https://play.google.com/store/apps/details?id=com.huobionchainwallet.gpFor iOS - https://itunes.apple.com/cn/app/id1433883012?mt=8The application supports most major cryptocurrencies (BTC,ETH, XRP, LTC, BCH, etc.), stablecoins (USDT, USDC, TUSD, DAI, PAX), most tokens on the Ethereum, Ontology, TRON, EOS blockchains.The main features of the crypto wallet include independent management of private keys, personal control over assets, data encryption, support for multi-signature and the ability to organize joint asset management. The simple interface allows you to perform operations in one click.Read more: What are Stablecoins and how do they differ from other cryptocurrenciesHuobi Input and OutputTo deposit funds to the Huobi Global exchange, you need to go to the Currency Account section, select the cryptocurrency of interest, for example, Bitcoin, and click Deposit.Copy the address and transfer the cryptocurrency to it from an external wallet (you can use a QR code for a quick transfer from a mobile application).The funds are credited to the exchange account after one confirmation by the miners, and after two confirmations they will be available for withdrawal.The minimum deposit amount is 0.001 BTC. The deposit address does not change every time, but only sometimes, the exchange notifies about this by email.To withdraw cryptocurrency, you need to go to the same section, but this time select the Withdraw button.Specify the address to which the coins should be transferred, and the required amount. The commission is indicated in the same window and covers the transaction costs, providing a quick transfer.The minimum withdrawal amount is also 0.001 BTC.Read more When Bitcoin appeared: telling the story of BTCCommissionsType of operation Commission feeSpot trading 0.2% maker and 0.2% takerMargin interest 0.098%OTC trades 0.1-0.2% maker (depending on the currency), 0% takerContract trades 0.02% maker, 0.04% takerEntry without commissionThe withdrawal is individual for each coin, indicated at the time of withdrawal (for example, for BTC — 0.0005 BTC).Read more: What is OTC and what are its featuresThe table shows the standard indicators. Holders of HT tokens can reduce them. With a deduction, the fees look like this:SafetyThe Huobi exchange uses cold wallets, secure connection and data encryption to protect user funds. In addition, the user can independently increase the security level of the account if he performs the following actions:It will enable two-factor authentication — a simple and effective way to confirm login using the Google Authenticator application.It will link the phone number and confirm the email address.Associates accounts in other networks (Google, Facebook, Apple) with the Huobi account.It will set a complex password and an anti-phishing code.Read more: Network security. 2FA - two-factor identification methodsTech. Huobi supportYou can contact Huobi technical support via an online chat on the website. Other contacts and social networks of the project:Telegram https://t.me/huobiglobalofficialFacebook https://www.facebook.com/huobiglobalofficialTwitter https://twitter.com/HuobiGlobalBlog on Medium https://medium.com/@huobiglobalInstargam https://www.instagram.com/huobiglobalofficial/YouTube https://www.youtube.com/HuobiGlobalAPI HuobiThe Huobi Exchange provides documentation for developers (API) for free. It can be found at https://huobiapi.github.io/docs/spot/v1/en/#change-logIn the top menu, you can switch to another type of trading (spot, futures, options, margin swaps). Information on all categories is constantly updated. The developer can subscribe to email notifications to keep everyone up to date with the latest changes.Huobi ReviewsThe site has both positive and negative reviews, there are about the same number of them. Users complain about high commissions, problems with the NEM cryptocurrency, as well as insufficient functionality — despite the fact that the platform keeps up with the times and regularly introduces new features, it is not yet possible to work only with it without resorting to the help of other large trading platforms.Nevertheless, trading volumes show that most users consider the platform to be the best option for exchanging certain currency pairs (the most popular is BTC/USDT).Advantages and disadvantagesAdvantages:The exchange is in the top in terms of trading volume and liquidityOwn functional tokenDeveloping functionalityPositive feedbackOptional verificationA large selection of trading pairsMobile and desktop walletsReferral programDisadvantages:Some functionality has been cut for popular cryptocurrencies. For example Bitcoin and USDTConclusionThe Huobi cryptocurrency exchange is actively developing and tracking current trends, such as earnings on DeFi tokens. A strong team, the introduction of new options, adequate commissions-all this speaks in favor of the site and adds respectability to it. Now there is such a time in the cryptosphere that it is impossible to keep up with trends, otherwise the project will instantly lose part of the market.Read more: What is decentralized finance ...
