The Huobi Crypto Savings Account will Support Deposits and Withdrawals at Any Time.
Huobi will be Paying a Aaily Interest to the Crypto Savings Account and will Support a Real Time Settlement.
London, August 19, 2020 / AlexaBlockchain/ – Huobi Global, the world leading cryptocurrency exchange by trading volume and liquidity is adding a crypto savings product option to its website at 7:00 UTC on August 20.
Users who passed the KYC verification process are eligible to apply for initial crypto savings products in flexible terms. The team has also prepared a newbie-only savings product with an annualized yield of 88%.
The 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.
However, Huobi Crypto Savings is not available to the following countries and regions: China, Hong Kong Japan, Singapore, the United States, Germany, and the United Kingdom.
The savings product is only available to 1,000 users and an individual account has a 3,000 USDT limit (or equivalent BTC).
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.
About Huobi Group
Huobi Global is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by liquidity and real-trading volume. Trusted by users over 170 countries, the Huobi platform is dedicated to improving the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, cryptocurrency finance infrastructure solutions, education, data and research, social welfare, investment and incubation, and many more.
Source: Huobi Global
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