Monero recently announced about officially getting listed on Huobi Pro, which is one of the leading digital asset exchange platforms currently in the world. The exchange platform is reportedly prevalent in over 130 countries as of today.
According to the official announcement, deposits in Morenro (XMR) have already stated on Huobi Pro from today, June 7th. It was also announced that trading of XMR/BTC and XMR/ETH pairs shall be available at the Main Zone from 4:00 P.M on June 8th, 2018 on the major exchanger.
The official announcement was passed by Huobi Pro on their official Twitter page earlier today, which specified the dates and timelines of the new trading pairs. It was informed that withdrawals on Huobi Pro will be conducted from June 10th, 4:00 P.M onwards. The announcement by Monero was meanwhile rather general. It simply stated the news about the official listing on the company Twitter page.
While it is very well known that investing in digital assets may contain higher risks due to today’s greater market fluctuations, Monero blockchain promises the users transactions that cannot be linked to one particular user. And from the other hand Huobi.com, as a leading player in the market aims to make the financial industry more efficient. They also aim at making transactions more accessible to everyone and hence Monero is considered to be a perfect fit for the company.
Monero community does not have a transparent blockchain unlike Ethereum or Bitcoin. It is, as known, funded through community donations. The platform is free and is not constricted by any legal authority. The overall supply of the company is reportedly worth $16.107 million. During the past several days, XMR has witnessed a measurable increase in value worth up to 6.54% as of now.