Huobi Cloud White Label Exchange Takes Emerging Markets by Storm
Cryptovest
Published Aug 16, 2018 09:04AM ET
Updated Aug 16, 2018 10:20AM ET
Huobi Cloud White Label Exchange Takes Emerging Markets by Storm
The white label exchange market has allowed otherwise under-equipped companies in developing nations to come up with their own solutions to offer their customers in a more comfortable, local setting.
Huobi saw this trend and in July this year launched Huobi Cloud, a sort of white label exchange that allows the partners of the company build their own platforms and deploy them rapidly without needing to create their own back-end trading elements.
Less than a month later, Huobi Group is announcing partnerships with companies in the Philippines, Indonesia, and Russia, as well as Canada, that will begin using Huobi Cloud to set up their own OTC and cryptocurrency exchanges, Huobi informed Cryptovest by email. It’s worth noting that some of these exchanges may even come up with fiat pairs, as that is something that the white label platform allows.
“Since launching in July, Huobi Cloud h...
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Written By: Cryptovest
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