JAKARTA, 7 September, 2018. Huobi Group, the global blockchain asset financial service provider, has announced its plan to expand into Indonesia. The new exchange will list 123 tokens and incorporate a two-factor authentication (2FA) to help secure each digital asset.
With Snap Innovations as the advisor, the Huobi Indonesia Digital Currency Exchange is built on Huobi Cloud platform and will cover Indonesia, while serving the Asian digital asset market. Huobi Cloud is a one-stop solution, having partners in Russia, Philippines, Taiwan, and Canada. The platform offers a more efficient way to set up digital asset exchanges in different countries. The platform support OTC transactions, digital asset transactions, charting tools and gives access to other business units.
About Huobi Group / Huobi Indonesia
Founded in 2013, Huobi is currently the world’s third largest cryptocurrency exchange in terms of trade volume, with offices in Singapore, the U.S., Japan, South Korea, and Hong Kong. At the end of June, the company partnered with JD Cloud, a subsidiary of China’s largest online retailer JD Group, to explore blockchain technology applications and cloud computing, focusing on financial services, Internet of Things (IoT), and supply chain fields.
Indonesia Digital Currency Exchange Website: https://www.huobi.com.co/
About Snap Innovations
SNAP Innovations Pte Ltd is an Artificial Intelligence, Blockchain, Financial Trading & Technology Solutions company. Snap focuses on areas of Artificial Intelligence, Fintech and Blockchain, where they aim to be always at the forefront of technologies and seek to break new grounds all the time. Established in 2011 based on the early research work in Snap Decision Making Model, they extended their work on AI to various areas of Fintech and Blockchain. In terms of coverage, Snap expanded from their head office in Singapore to many international offices in Dubai, Malaysia, India, China, Vietnam, Thailand, and Indonesia.