Wootrade’s WOO token will be launched on Huobi Global, the world’s leading digital asset trading platform. In addition to listing, the two parties will cooperate on liquidity management, branding, and innovative transaction technology.
Wootrade is incubated by leading quantitative trading firm Kronos Research, which will help accelerate the growth of the trading and liquidity infrastructure. Wootrade and Huobi will also conduct joint research on trading trends and technological innovations to increase the appeal of the platform to institutional and professional investors. More details are available on Huobi Global’s website.
Huobi is the world’s leading blockchain and cryptocurrency infrastructure provider with a financial product suite that includes the trustworthy and leading digital asset exchange by liquidity and real-trading volume. Trusted by users in over 170 countries, the Huobi platform is committed to providing customers with safe, professional services based on the core principle of putting the customer first, and features an unmatched portfolio of crypto products and offerings, including trading and finance, cryptocurrency finance infrastructure solutions, education, data and research, social welfare, investment and incubation, and many more
Wootrade aims to solve the pain points of insufficient liquidity, high fees, and poor trading environments on the cryptocurrency market by offering sufficient trading depth for B2B clients such as exchanges, wallets, and trading institutions with zero fees. The Wootrade network has already been online for nearly one year and is providing service to more than 10 exchanges and trading institutions, including Gate.io, Hoo.com, MXC, Oneboat Capital, Genesis Block, and more. A total of over 65,000 end users have used its trading depth through the exchanges cooperating with Wootrade. Wootrade’s incubator, Kronos Research, has an established track record and processes between $1 billion and $2 billion dollars per day in trade volume.