Huobi Global, the world leading cryptocurrency exchange by trading volume and liquidity, has launched a crypto savings product.
The Huobi crypto savings account will support deposits and withdrawals at any time. Huobi will be paying a daily interest to the crypto savings account and will support a real time settlement. The newly launched savings product is only available to 1,000 users and an individual account has a 3,000 USDT limit (or equivalent BTC).
Huobi Crypto Savings is currently not available for users from China, Hong Kong Japan, Singapore, the United States, Germany, and the United Kingdom.
Ciara Sun, the Vice President of Huobi Global Markets, said that the new product will be accessible on the mobile version at a later date.
“Huobi has been striving to provide our users with a wider variety of product types and we plan to continue this way. We have a lot of users who wants to keep their asset at one place and want to earn a good profit worry-free. We hear their demand loud clear, we react to it fast,” she explained.