Seychelles-based cryptocurrency exchange Huobi Global has appointed Vladimir Demin as the company’s new chief advisor. His main role will be going to assist & develop the company’s market within the region.
In line with the recent official announcement, he had previously served as partner & CEO of Huobi Russia.
Demin believes that the new market opportunities within the country for both cryptocurrency & blockchain ‘are huge’. He hopes to assist Huobi Global to expand the high demand for crypto asset products within Russia.
Huobi Russia’s trading volume reached almost 10% of Huobi Global’s total volume, taking under consideration that the exchange presently features a user database with over 4,000 users.
The vice chairman of Huobi Global Markets, Ciara Sun, added that they will offer a one-click migration option from Huobi Russia, following a campaign announcing the brand’s upgrade.
Just earlier also, Huobi announced a cryptocurrency savings system which will be available to some of their users. Each individual account will have a 3k Tether [USDT] limit – or the equivalent price in Bitcoin [BTC].