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Huobi, one of the largest Chinese exchanges, announced that it will launch Ethereum (ETH) trading on its platform from May 31st, 2017.
The announcement in the exchange’s twitter post stated that CNY/ETH will be soon listed in the exchange and that it plans to bring ETH deposit and withdrawal soon in the near future.
— Huobi (@huobicom) May 27, 2017
With Ethereum being the second largest cryptocurrency in the blockchain assets, ETH has been gaining more and more attention in the market. It is public, open source and blockchain-based distributed computing platform that features smart contract functionality.
The announcement stated that till May 31st, users those who trade bitcoin or litecoin can get 5mETH for free. From 31st May till 3rd June, the ETH trading commission fee is 0.01% and from 3rd June till 8th June, the fee is 0.05%.
The current price of Ethereum is ranging around US$168.12 at press time. Also recently, financial and tech giants formed Enterprise Ethereum Alliance to explore, test and build potential solutions on Ethereum blockchain.
