Top cryptocurrency exchange, Huobi, has launched Huobi Pro Au and is now offering 10 AUD-Crypto trading pairs. Aussie crypto enthusiasts can now purchase the following crypto directly with AUD : BTC, ETH, BCH, ETC, LTC, POWR, ELF, IOST, CTXC, and DTA.
Huobi Australia is owned by the Huobi Group, a Singapore-based operation established in 2013. The group has recently partnered with Blockchain Global to launch Huobi Australia. The exchange only offers fiat-to-crypto trading at the moment but have plans to add crypto-to-crypto pairings in the near future. The platform is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) as a digital currency exchange.
Huobi Pro Australia is one of the few internationally-based crypto exchanges to offer services in the country as many other active exchanges down under are domestic companies. The new addition of Huobi Pro will be sure to add diversity and options for Australian crypto investors which is great for the crypto ecosystem there considering Australia’s lenient cryptocurrency laws.