The worldwide multi-language electronic currency trading platform and also exchange, Huobi introduced that the deposit and also withdrawal of Monero (XMR) will be inaccessible due to the upgrade of the cryptocurrency.
Huobi exchange, which has its headquarters in Singapore further noted that the time of resumption will be informed. They would introduce the time in another article. They added: “We apologize for the aggravation caused by this suspension!” On the other hand, it has actually been reported that the major crypto exchange Huobi showed triple-digit rise in trading quantity in ten days. Inning accordance with data shared by Crypto India mentioning the resource as CoinMarketCap, the crypto exchange ranking third in the world, Huobi raised by 104%.
In various other news, Huobi has confirmed trading on its new Australian platform. It began from July 5 and has $713 million in everyday trade volume trading sets phased throughout Thursday from 10 am Sydney time. The exchange mentioned that ten sets will initially get on offer for Australian buck, including Bitcoin, Ethereum, Litecoin, Ethereum Classic and Bitcoin Cash Money. “In the future, Huobi Australia will open a lot more trading sets to all customers,” the exchange stated while revealing.
A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Kranbitcoin.