HBUS, which has been the exclusive US partner of giant Chinese crypto exchange Huobi, will now be called by the same name. The rebranding includes a change in domain names for both companies. Huobi’s global platform will move to hgb.com, while HBUS will use Huobi.com. This change will probably throw people off for some time.
Nothing actually changes in the “enhanced” arrangement between the giant and HBUS. HBUS HoldCo. continues to operate its own exchange utilizing Huobi for liquidity and technology. The primary change is the way that US users will access the platform.
CEO of HGB Leon Li said in a press release: We feel very confident that the HBUS team will be excellent stewards of the ‘Huobi’ name as they become the top digital asset exchange in the U.S.
HBUS is an upstart alternative to major crypto exchanges like Coinbase. It offers 13 trading pairs. Exchange volume continues to trend toward exchanges like Binance, which have many dozens of trading pairs. All the same, retail investors and professional traders seek regulator-friendly options to enter the crypto market.