The bitcoin exchange Huobi has announced the launch of the platform Huobi Institution on the digital asset management and storage for enterprise customers.
According to the company, the service will allow qualified institutional investors and individuals with high income levels to transfer the assets under the control of the specialists from among the leading teams for quantitative trading.
«Combining the two sides of the market on their platform, we want to establish the connection between the traditional markets of Finance and economy of digital assets,» said Vice-President, global markets Group Huobi Ciara San.
The company says it will conduct a thorough inspection of all traders, including their trading history. The Manager will also have to Deposit part of their assets. Investors will be offered a few plans of yield, including fixed rate, protection of capital and capital at risk. Huobi, for its part, will implement the risk control, including over the ratio of borrowings to the value of assets and drawdowns in order to protect investors from foreclosures.
During the launch phase for trading will be used by the markets, Huobi, OKEx and Binance. Will trade in the spot format, and use cross-lagged margin, futures and perpetual swaps. The size of leverage when trading futures and swaps will be limited to 20x. Supported assets include USDT, BTC, ETH, EOS, BCH, LTC, TRX, ETC, XRP, ADA, DASH, ATOM, BSV, XLM, and ZEC.