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LONDON, Jan. 30, 2022 /PRNewswire/ — Huobi Global, one of the world’s leading digital asset exchanges, today announced that it is rebranding Huobi Derivatives Warrant as Huobi Options. Huobi Options is a line of derivatives products that is designed to help crypto traders at all levels elevate their trading capabilities and open up arbitrage opportunities. This rebranding reflects Huobi Global’s commitment to providing a more user-friendly experience. To encourage user adoption, Huobi Global is also launching a simple, easy-to-use Huobi Options Lite version and running a US$100,000 promotional campaign, which will last until 11 February 2022.
Similar to traditional option contracts, Huobi Options provide traders with additional hedging and arbitrage opportunities, giving buyers the right to buy or sell an asset at a predetermined price, either before or on a specified date. Traders can use Huobi Options to speculate on future price movements of an underlying asset for income at a much lower cost than the asset itself, or hedge the risk exposure of their existing positions.
Huobi…
Full story available on Benzinga.com
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