Coin Telegraph received a press release from the big cryptocurrency exchange Huobi (Fobi) on the 7th of this month and reported that the transaction volume in 2018 doubled over the previous year .
Huboi, based in Singapore, operates in 12 countries worldwide and is one of the largest cryptocurrency exchanges in the world.
As reported in the Crypto Times in late January, the exchanges recorded $ 480 million last year’s transaction fee income, which is said to have exceeded the income of the prestigious cryptocurrency exchange such as Binance and OKEx.
Huobi records $ 480 million in transaction commission revenue in 2018 and exceeds Binance and OKEx – CRYPTO TIMES
According to the coin telegraph, Huobi ‘s transaction volume in 2018 has doubled compared to the 2017 level, which shows the strong performance of the exchange business. Also, CEO Leon Lee told the coin telegraph that the staff will expand from 400 in the early 2018 to more than 1,300 in 2019.
Article Source: Cointelegraph
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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/huobi-doubles-its-trading-volume-in-2018/
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