Huobi, one of China’s “big three” bitcoin exchanges, announced today that they would launch Ethereum trading on May 31st.
— Huobi (@huobicom) May 27, 2017
Huobi’s typical daily Bitcoin trading volume is just shy of competitors OKCoin and BTCC. Their trading pair BTC/CNY typically ranks in the top 20 for BTC volume, according to coinmarketcap.com.
This news could see the Ethereum market get a large influx of investors, from the previously nearly untouched market.
This Huobi announcement comes just days after European Bitcoin exchange giant, Bitstamp, announced that they would launch Ethereum trading in the near future.