Hedge your risk in the bear markets via Huobi’s New Derivative Market (Huobi DM) platform.

In times of such a volatile cryptocurrency market, Huobi has announced an innovative platform for cryptocurrency users to hedge their risks against uncertain market movements. Huobi has launched a derivatives contract trading platform, Huobi’s Derivative Market (Huobi DM) in a recent CryptoFrontiers Conference in New York City on November 28, 2018. Huobi provides a solution in the wake of a risky spot market price fluctuation, that will allow users to lock overall profit, ensuring stable income irrespective of the cryptocurrencies price movements.

Huobi’s cryptocurrency contract trading platform will allow users to buy and sell digital currencies at a specific price in the future irrespective of the existing market price. These future contracts will allow traders to leverage with options of 5X, 10X and 20X. The offerings will be available to the users on Huobi DM within a few selected countries.

Huobi DM has distinctive features as it offers:
• 24 hours monitoring facilities with multiple limits on risk management providing a superior risk management infrastructure
• As a market maker, users pay no trading fee and receive financial bonuses as a market maker
• Allows users to leverage with multiples of 5, 10, ad 20
• Provides a matching speed with a high memory which is 10 times faster than the current market average speed
• Provides investors protection with the inclusion of a 20,000 BTC insurance fund. The fund is used in times of cybersecurity breach and for each trading pair against unfilled liquidation order losses
• Employs a circular break mechanism protecting customers from unnecessary or forced liquidations.

The Huobi DM Beta is now live and the official roll-out of the derivative platform will commence shortly. There are three potential rewards being offered by Huobi for using the beta version which includes earning Huobi Tokens (HT) for platform utilization, trading a certain amount of contracts or offering advice to other Huobi DM users. Additional details on the rewards program is available here.

Steps to use Huobi DM:

• Visit "https://www.hbdm.com" and select "Contracts"

• After loading Huobi DM, you will be prompted to open contract trading account

• Verify your ID and agree to the User Agreement. Answer Risk Assessment Questionnaire which allows you to start contract trading

• Transfer digital assets to Contract Account

• Select the digital currency you want to transfer, enter the amount and click to confirm

• You can now start trading and can choose different types of contracts and leverages

Huobi DM is unavailable to users in some countries such as the U.S., Singapore, Israel, Cuba, Iran, North Korea, and Syria. According to the General Counsel of Huobi's Global Institutional Team Josh Goodbody who made the announcement of Huobi DM in New York, Huobi is continuously working with the lawyers and the regulatory authorities to be compliant in each jurisdiction in order to prevent any future hindrances on the trading platform.

Huobi’s Derivative market platform is yet another sign of the company offering innovative solutions in the uncertain cryptocurrencies market. It is also a sign that the financial markets are evolving to offer wider acceptance to the digital currencies. Similar developments to Huobi’s DM can be seen by companies such as Coinbase applying for a Bitcoin ETF with the SEC. With such increasing adoption and innovation in the cryptocurrency space regardless of the bearish market sentiments, it is only a matter of time when wider regulations and acceptance will eventually lead to prices rising and the markets maturing.

Find out more about Huobi DM contract trading here: https://www.hbdm.com/