Huobi Launches Fiat-to-Crypto Exchange

The US arm of Singapore-based cryptocurrency exchange Huobi announced that it is launching a new fiat-to-crypto exchange. Initially it will be listing all three major pairs tied to U.S. dollar(USD) against Bitcoin (BTC), Ethereum (ETH) and Tether (USDT). Huobi is also preparing the infrastructure to launch its own stablecoin in the first half of 2019.

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Huobi Launches Fiat-to-Crypto Exchange

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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