Addition Of VEN/USDT Pairing Might Result Into More Overall Volume
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It is common knowledge that Huobi is already planning to add VEN/USDT pairing, but it is critical to outline why this is a big deal to begin with. A person well conversant with the matter but who wanted to speak from a standpoint of anonymity disclosed that the move would go along way increasing the overall volume.
He went ahead to say that any vibrant business around the globe understood the essence of always keeping up with the most recent developments and practices. The VEN/ETH and VEN/BTC pairing in Huobi are no longer news to anyone that has been keeping up with the changes along this particular line.
A lot of people see VEN as their most significant hold but of course one needs to strike a proper understanding as to why it matters in the first place. Speculations usually pop up at one point or the other in any given matter and the speculations around this should be no cause for worry. There is a group that believes it is the reason behind the major price pump that was experienced for quiet sometime. However, it might interest one to delve deeper to learn exactly how.
Opinions vary and there are others who attribute the matter to the the VEN & DNV GL Facebook livestream on 24th.The addition of volume shouldn’t be deemed by anyone to be a bad thing.
OKCoin and Huobi are no doubt the leading bitcoin exchanges in China and they seem unbeatable from the look of things. The news that they may at some point make it difficult for local customers to gain access to trading services is not a matter that is being received quite well.
Some two companies have moved forward to give a statement in which they disclosed that they would in September bring the yuan-based crypto trading to a sudden halt.
Anyone that has been following closely ion the most recent developments around the globe will attest to the fact that China has become the focal point of bitcoin trading. It was just a short while back when a report popped up showing that there were several regulators who had plans underway to ban crypto trading on domestic exchanges.
