Huobi Extends Huobi Derivatives Warrant to Expand its Trading Services

Huobi, the world-leading Bitcoin and Ethereum trading platform, has announced the extension of Huobi Derivatives Warrant to expand its trading services.

Launched in Vietnam on 3 September, Huobi Derivatives Warrant then became available in different markets including India and Europe. The company is now planning to extend the Huobi Derivatives Warrant trading services to all its global markets by the end of September.

Huobi Derivatives Warrant is a featured option product created by Huobi Futures, a derivatives trading platform under Huobi Global. Moreover, the new service mainly offers American options and European spread options.

In contrast to traditional options service providers, Huobi Derivatives Warrant provides a sound and liquid market where users don’t have to bear losses in which the executed premium prices end up being different from the proposed ones, except in extreme cases. Without charging transaction and execution fees, Huobi Derivatives Warrant provides options with various expirations to choose from and supports large-volume trading, according to the company.

As Fazzaco reported earlier, Thailand's Securities and Exchange Commission (SEC) has recommended the country's Finance Ministry to cancel the license of Huobi (Thailand) Co​, a local crypto exchange. Huobi (Thailand) is accused of failure in fixing system flaws. The exchange is pushed to suspend its services and return clients' funds within the next three months.