According to the latest tweet from crypto exchange Huobi, they will be listing WWY on Friday, June 3. Once they list the token, users can make deposits and start spot trading (WWY/USDT). But, no one can make withdrawals until June 4.
Huobi to List WWY
Huobi recently announced its decision of listing the WWY on Friday, June 3. Once Huobi lists it on Friday, users can deposit their WWY into their wallet. Users can also start WWY spot trading once the volume for deposits reaches the demand for market trades. But, the Huobi team will make an announcement when it happens. Although users can make deposits on June 3, withdrawals will begin on June 4 at 9:00 AM. (UTC).
It is necessary to avoid slippage by canceling all new market orders. The orders are for purchasing or selling assets placed within 90-110% of the last price. When you trade newly issued tokens, make sure you’ve done your due diligence in terms of risk assessment.
The tokens are all prone to high price fluctuations. Restrictions on access to the Pioneer Zone apply to all users who reside in countries or regions that don’t comply with local compliance policies. Other users need ID verification before they can deposit or trade.
Huobi’s Growth Over The Years
One of the most popular bitcoin exchanges in Asia, Huobi Global has a huge foothold. Developers formed the Huobi Global in 2013 in Beijing to serve crypto traders in China and worldwide. The platform swiftly grew to become one of China’s top three cryptocurrency exchanges. It offers plenty of liquidity for BTC hodlers. Huobi had to shift its crypto trading services outside of China in 2017.
But, that was because of the country’s changing regulatory landscape. Later, the company relocated to Singapore. Lately, it has confirmed that it will list LUNA 2.0. It has plans to expand into other Asian countries and globally. Huobi Global has effectively expanded its user base outside of China.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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