B2B Fintech News

Huobi Global Introduces Zero Trading Fees For USDD Trading Pairs To Boost Global Expansion

Huobi Global, one of the world’s top virtual asset exchanges, is introducing zero trading fees for trading USDD pairs on Global Spot to reward users. This move is the exchange’s latest push in its global expansion after changing its controlling shareholder and announcing its Global Advisory Board.

USDD is a stablecoin issued by TRON, one of the world’s largest blockchain-based operating systems that boasts more than 110 million monthly active users. USDD is secured by the over-collateralization of multiple mainstream digital assets such as TRX, BTC, and USDT.

Latest Fintech News: Larky’s nudge Added to Finastra’s Fusion Digital Banking Platform

This zero trading fees event for USDD trading pairs started on October 18 and will last till December 31, 2022. It covers a total of 11 trading pairs, namely: BTC/USDD, ETH/USDD, TRX/USDD, SUN/USDD, WIN/USDD, NFT/USDD, JST/USDD, BTT/USDD, USDD/USDC, USDD/USDT, and APT/USDD.

Huobi Global’s launch of zero trading fees event for USDD trading pairs comes after similar moves by other leading exchanges, underscoring its intent to expand its global market share.

The zero trading fees event is a major initiative pushed by His Excellency Justin Sun, the founder of TRON who recently joined Huobi Global as a member of its Global Advisory Board. In addition to the fee-free promotion, Huobi Global is expected to have even more partnerships with TRON in the future.

Latest Fintech News: Dragonfly Financial Technologies Launches FinTech Integration Center

[To share your insights with us, please write to sghosh@martechseries.com]

Related posts

Q2 Announces Premium Treasury Pricing Solution to Help Financial Institutions Grow Deposits, Increase Fee Income and Expand Client Relationships

Business Wire

New Study Reveals the Top 10 Technology Investments Online Merchants in US are Banking on for 2022

Fintech News Desk

Halal Crypto Platform MRHB DeFi Receives Investment From Australian Gulf Capital

Fintech News Desk
1