![]() Its investors include ZhenFund, Dai Zhikang and Sequoia Capital. To date, Huobi Group has also invested in more than 10 upstream and downstream companies. With compliance teams in Singapore, the United States, Japan, Korea, Hong Kong, Thailand, Australia and other countries and regions around the world, Huobi is able to provide safe and reliable digital asset trading and management services to its customers. ![]() Having once accounted for half of the world’s digital asset transactions, Huobi now serves more than 5 million users in over 130 countries around the world. Established in 2013, Huobi has become one of the world’s largest digital asset exchanges with an accumulated trading volume of US $1 trillion. ![]() With a mission to make investing in alternative assets more efficient and adaptable, the company is committed to providing customers with safe, professional, and honest services based on the core principle of putting the customer first. ![]() Huobi Group is the leading global blockchain asset financial service provider. In April 2019, the company raised $ 200M in a Series A round from ST Blockchain Fund. On March 22nd, 2021, Bithumb was acquired by Nexon at a valuation of $1.7B. Among them are Centralized Exchanges (Bithumb Global, Bithumb Singapore), Decentralized Exchanges (Bithumb DEX), OTC (Ortus), Security Token Offering Platform, Research Content (Xangle), Remittance (BithumbCash) and Consulting Services (Bithumb Block Deal). Bithumb offers a wide range of products and services. Initial token distribution will be split between on-exchange incentives and chain development, moreover. Half of the exchange’s revenue will be used to burn 50 percent of BT’s token supply over time – similar to Binance Chain’s Binance Coin (BNB) – resulting in a final 150 million token supply. From a mechanics side, the exchange will mint a hard cap of 300 million Bithumb Coins. In the first Quarter or 2020 Bithumb is planning to launch its first native token for Bithumb Chain, which will work as a medium of exchange for the ecosystem. At the time of making their announcement to expand operations in India, Bithumb has captured 59.19% of the Korean and 15% of the global cryptocurrency exchange market. Bithumb will offer sign-up incentives to Indian customers and will offer an opportunity for Indian cryptocurrency exchanges to partner with Bithumb to help increase their liquidity. On September 23, 2019, Bithumb announced plans to open op their cryptocurrency trading platform in India. The Bithumb platform allows its users to exchange Korean Won for Ethereum (ETH/KRW), Ethereum Classic (ETC/KRW), Ripple (XRP/KRW), Litecoin (LTC/KRW), Dash (DASH/KRW), Bitcoin (BTC/KRW), and Bitcoin gift vouchers with a minimum value of $9 USD. It features low commission for bitcoin transactions, trade data anti-forgery, secured SMS verification, highly adaptive data encryption, 24/7 server security control systems, and stable real-time trading system. Ltd, and is headquartered in Seoul, South Korea. Bithumb is a South Korean cryptocurrency exchange platform that is operated by a company called BTC Co.
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