Huobi, one of the world’s largest digital assets exchange provider, has decided to expand its presence in Oman and Middle East with its latest range of product offerings.

The company, in a press release, said that it was encouraged by the fact that the Middle East and North Africa (MENA) region is emerging ahead of Asia as a global leader in cryptocurrencies along with countries embracing blockchain technology and individuals looking for new opportunities to diversify their investments.

Mohit Davar, Co-Founder, Huobi MENA

“Oman has shown a great appetite to engage and adopt blockchain technology,” said Mohit Davar, Co-Founder, Huobi MENA. “Our core mission is to enable our users to diversify their investments for a better tomorrow. Today Huobi, provides a variety of digital asset services globally on a uniform platform for crypto enthusiasts to invest all under one secure, convenient and well-established exchange.”

Huobi Cloud; a one stop customised solution offers a white label digital assets exchange with access to over 450+ digital asset pairs, (Order book and liquidity from Huobi) and trading platforms (available on desktop, iOS and Android mobile app), with plans to offer addons to the cloud services in the coming months.

Apart from spot trading, Huobi also offers a mix of products to cater to Institutional customers. Huobi DM is an example, users can make a profit from the rise/fall of digital currencies prices by going long or selling short based on their judgment.

CashU, a leading online payment provider recently launched its virtual digital assets trading on their mobile app, that is powered by Huobi – allowing their millions of users to trade Bitcoin, Ethereum and other digital assets directly from their mobile phones.