In line with a recent official ‘press-release‘ published, the HB10 crypto-based index from major crypto-currency exchange Huobi is now listed on TradingView, a renowned financial data and analysis platform for both traders and investors.
HB10 represents a fund that includes the 9 leading digital currencies in terms of trading volumes and was launched earlier last year by Huobi Pro platform. HB10 ‘reportedly‘ aims to “help users attain exposure to the digital assets market with a comparatively small capital outlay and additionally offer users with larger diversification across constituent coin trading pairs.”
As per the announcement, alongside the support of HB10, TradingView has additionally added all of ‘Huobi’s‘ coin-to-coin commercialism pairs. This might supposedly help users to get involved in arbitrage and other forms of ‘trading‘.
The chief executive officer of Huobi global ‘Livio Weng,’ has urged that this step signifies additional adoption of ‘cryptocurrencies‘, adding that “this is just the start. As new coins and pairs are ‘added‘ to [Huobi Global], they’ll also appear on TradingView as-well.”
Just last month, Huobi Global launched ‘support‘ for stablecoin Tether [USDT] – which is an Ethereum [ETH] blockchain-based coin tied to the USD. Huobi therefore started offering deposit and withdrawal services for USDT in both of its original Bitcoin [BTC]-based Omni Layer Protocol and its recently launched ERC20 token form, that is based on the Ethereum ‘blockchain‘.
Alongside this, [Huobi.com], the United States-based partner of Huobi, launched fiat–crypto commercialism services, with initial support for three U.S. dollar–crypto trading pairs, which embody major cryptocurrencies Bitcoin [BTC], Ethereum [ETH] and Tether [USDT], as well as support of USD deposits and withdrawals.