The move can be rather eventful for the cryptocurrency ecosystem especially if followed by other large Chinese exchanges.email share Huobi, one of the largest Chinese exchanges, made a huge step ahead to bring more liquidity to the cryptocurrency market.Yesterday, the exchange announced that it will start Ethereum trading on its platform on the last day of May.BREAKING: Huobi to list ETH trading today!https://t.co/UWlu7tWwHx — cnLedger (@cnLedger) May 27, 2017 It is big news for the Ethereum ecosystem.The question remains if other leading Chinese exchanges will follow..@huobicom is one of the biggest bitcoin exchanges in China.When will the other two of the "Big Three" @OKCoin & @YourBTCC make the move?— cnLedger (@cnLedger) May 27, 2017 Traditionally, Chinese exchanges have been focusing on Bitcoin only neglecting Ethereum, which was rather odd.Now, the announcement from Huobi has all chances to change the situation for the better.The fact that Huobi will start Ethereum trading can be rather eventful for the whole cryptocurrency ecosystem.

As Chinese exchange generate a lot of volume on a daily basis, it is likely that the demand for ETH will increase.As for now, the price makes up $170.Experts do not expect a massive price increase although the availability of direct trading market against the Yuan is always a good idea.bitcoin cotizacion bolsaIt is nice to see that Huobi has made a brave move.litecoin asic miner hardwareThe decision of Chinese government to halt withdrawals has led to Chinese exchanges losing some of their appeal.sample bitcoin private keyAs a result, both Japanese and Korean trading platforms outperformed China in trading volume.bitcoin payment gateway india

Now, experts wonder of Huobi will enable ETH withdrawal or just provide an option to buy Ethereum.The example of Huobi can be rather inspiring for other large Chinese exchanges such as BTCC and OKCoin.is bitcoin profit taxableAs a matter of fact, BTCC has already confirmed it will start Ethereum Classic trading soon.ethereum for beginnersThere is still some “bad blood” between Ethereum and Ethereum Classic, the original blockchain without the contentious DAO bailout fork.litecoin investorsThe former is the ecosystem with the most media attention and a growing number of use cases.bitcoin ngân hàng nhà nướcIt will be interesting to see how both ecosystems will evolve over time.bitcoin nasıl satılır

Earlier this month, People’s Bank of China unveiled that it is developing new regulations on bitcoin trading and local digital currency exchanges that will be implemented by June.Until then, on-site inspections on the country’s three largest bitcoin exchanges OKCoin, BTCChina, and Huobi will likely continue.The inspections can result in administrative punishment for the exchanges.They will likely have to pay fines for their previous operations that may have violated existing financial regulations in China.If Chinese authorities implement new regulatory frameworks, it may surge bitcoin demand in China and therefore bitcoin price listed by the Chinese bitcoin exchange market is likely to increase.As for now, bitcoin is traded at $2,168, according to the CoinMarketCap.The Basic Attention Token token sale will begin on Wednesday, May 31, 2017, at approximately 8 am PDT / 3 pm GMT / 11 pm CT-China.The sale will last up to 30 days or until the cap of the equivalent in $15 million in ETH (fixed at contract push) is sold.

The sale of tokens is capped at 1 billion.We do not plan to have a follow-on offering.At that time of the sale, we will deploy the contract to the Ethereum network.The contract address will be revealed 2 days before the commencement of the sale.The exact time of the token sale is subject to a block number.That number will be announced as soon as we deploy it to the Ethereum mainnet.Approximately one week before we share the contract address we will make the contract available on the testnet for anyone to review.We will soon be announcing more details concerning the token sale, including how to participate.Remain notified of the latest updates by signing up for our newsletter via our homepage if you have not done so already.We welcome your feedback, so if you have any, please reach out to us on Twitter, Slack or Reddit.基本注意力代币（BAT）众筹于5月31日开启基本注意力代币众筹将在北京时间5月31日23点开启，持续30天，或达到众筹上限1500万美金为止（已由智能合约锁定）。此次代币发行量为10亿个，不会再有后续众筹。在众筹开始前，团队将会在以太坊上部署智能合约，合约地址会提前两天公布。具体开始时间会由区块高度指定，具体的高度数字会在智能合约部署完成后放出。在公布合约地址一周前，我们将在测试网试行智能合约，并供所有人审阅。团队很快会公布众筹的细节，以及如何参与的教程。如果你还没在官网首页 订阅邮件，你现在可以订阅获取最新动态了。我们欢迎你的反馈，可随时通过Twitter，Slack，Reddit和微信（Crypto_community）与我们联系。Share

Major Chinese cryptocurrency exchange Huobi will begin trading for Ethereum, the world’s second largest cryptocurrency after Bitcoin, on Wednesday, May 31st.Huobi, one of China’s ‘big three’ exchanges alongside OkCoin and BTCC, began listing Ethereum (ETH) this weekend.The exchange has implemented the CNY/ETH trading pair, with trading to commence midday Wednesday.In an announcement, Huobi stated: We are excited to announce the CNY/ETH will be listed on our exchange.Trading will start at 12:00 May 31st (GMT +8).ETH deposit and withdrawal is available from now [then] on.To bait users into trading Ethereum, traders of Bitcoin or Litecoin will be rewarded with 5mETH (0.0005 ETH).For our days after launch up to Jaune 3rd, Huobi will charge an introductory commission fee of 0.01% before an increase to 0.05%.The exchange pointed to the “many aspects [of] Ethereum that could outperform bitcoin” In its announcement to launch ETH trading.Cost, speed and scalability are underlined, in particular.

In its official Chinese notice, Huobi revealed the growing popularity of Ethereum as a primary factor behind enabling ETH trading.Further, the exchange revealed that users had repeatedly called on the exchange to launch ETH trading.The cryptocurrency market’s current boom period sees Ethereum grow over 25x since the turn of 2017, outpacing a number of other cryptocurrencies including Bitcoin.Last week, Ethereum’s market cap reached half of that of Bitcoin for a brief period.Over the last fortnight alone, Ethereum rose to $100 for the first time, before scaling beyond an all-time high of $220.The backing of a number of corporate giants including the likes of Microsoft, Intel, JP Morgan and Toyota – as a part of the Ethereum Enterprise Alliance – is widely seen as the most recent driving factor toward Ethereum price gains.The EEA, a working group developing Ethereum-based blockchain solutions for enterprise, added 86 new members last week, nearly tripling its initial founding 30 members at the time of launch in February this year.