Huobi announces deposit and withdrawal of Monero (XMR) will be unavailable

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July 6, 2018 by
Huobi announces deposit and withdrawal of Monero (XMR) will be unavailable

The global multi-language electronic money trading system and also exchange, Huobi revealed that the deposit and withdrawal of Monero (XMR) will be inaccessible due to the upgrade of the cryptocurrency.

Huobi exchange, which has its head office in Singapore further noted that the time of resumption will certainly be informed. They would certainly introduce the time in another article. They added: “We excuse the trouble triggered by this suspension!” On the other hand, it has been reported that the major crypto exchange Huobi showed triple-digit boost in trading volume in ten days. Inning accordance with statistics shared by Crypto India stating the resource as CoinMarketCap, the crypto exchange ranking third worldwide, Huobi enhanced by 104%.

In various other news, Huobi has confirmed trading on its brand-new Australian platform. It started from July 5 and has $713 million in everyday profession volume trading pairs phased throughout Thursday from 10 am Sydney time. The exchange mentioned that 10 pairs will at first be on deal for Australian buck, consisting of Bitcoin, Ethereum, Litecoin, Ethereum Standard and Bitcoin Cash. “In the future, Huobi Australia will certainly open up more trading sets to all customers,” the exchange discussed while introducing.

A mechanical engineer turned journalist, Shekar takes a keen interest in the study and analysis of cryptocurrencies and blockchain strategy. With the cryptocurrency world blooming in the recent days, he finds great interest in monitoring their growth and gathering every possible piece of information about them. He works as a crypto-journalist for the website Cryptoheed.

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