Crypto derivatives exchange Huobi DM announces support for EOS

Cryptocurrency derivatives trading platform Huobi DM has announced support for EOS, the fifth largest cryptocurrency by market capitalization.

EOS is the third cryptocurrency to be supported by the platform after Bitcoin (BTC) and Ethereum (ETH). According to the announcement:

“Huobi Derivative Market (Huobi DM: www.hbdm.com) will launch EOS at 18:00 p.m. 28 Dec. (SGT).”

Huobi DM, our #cryptocurrency contract trading service, will add #EOS (EOS) on Friday. Users will be to place both long and short positions on EOS, allowing for #arbitrage , #speculation, and #hedging. For more information visit: https://t.co/U52F5PLyOZ pic.twitter.com/aMbReAvoa9

— Huobi Global (@HuobiGlobal) December 26, 2018

Launched last month in beta, Huobi DM allows users to earn profit from the rising/falling of digital currencies prices by going long or selling short based on their own judgment. The platform offers weekly, bi-weekly and quarterly contracts.

Huobi DM said that it will launch other digital currency contracts successively.

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