On July 20, Huobi Group announced the official launch of its Huobi Cloud business arm, which is committed to providing a one-stop solution for digital asset exchange, enabling its partners to build secure and stable digital asset exchanges quickly.
Huobi Cloud will rely on Huobi’s existing digital asset exchange platforms, providing partners with the services of setting up OTC exchanges and currency exchanges with little to no IT capability requirement. Partners can share the order integration system, wallet system, asset management and clearing system of the Huobi Global platform, while at the same time connecting Huobi Global’s depth, liquidity, and market data.
Huobi Cloud Phase I will adopt a 5/5 Commissions Sharing Mechanism. There will be no cost and security deposit requirements for the first 1000 partners, and they will be provided with training free of charge.
Estimated schedule for the launch of Huobi Cloud Phase I:
- July 21-July 31 (GMT+8): collect registration information, review, communicate about demands and sign cooperation agreements
- July 25 -August 5 (GMT+8): acceptance of functional deployment
- July 30- August 7 (GMT+8): operations training for partners
- From August 8 (GMT+8), Huobi Cloud will start launching and operation in batches. As there are many partners applying for cooperation, launching will be arranged in batches.