Spotlight on Huobi Challenge with 7th Anniversary Celebration Rewards. Huobi Records $877.8 Billion in Trading Volume for First Half of 2020steemCreated with Sketch.

in #ilovehuobi4 years ago

LONDON, Aug. 14, 2020 /PRNewswire/ -- Despite 2020 being a difficult year across the planet due to the coronavirus pandemic, the cryptocurrency trading space on Huobi has remained strong and resilient. New information from Huobi global has seen that $877.8 billion has been traded on the platform in the last six months.

Interestingly, Q1, which was a good quarter for the cryptocurrency space, has been similarly matched by Q2 on Huobi despite Q2 being impacted by a major Bitcoin market collapse.

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For Q1, the unilateral trading volume was $444.2 billion while Q2 was $433.7 billion. Even though Q2 was characterized by the market drop and then sideways trading, the transaction volume saw no real decline to speak of.

Next let's analyze Huobi's performance from perpetual swaps trading and futures trading respectively.

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