What does the classification in Huobi mean?
What does the classification in Huobi mean? In Huobi, exchanges and wallets belo
What does the classification in Huobi mean? In Huobi, exchanges and wallets belong to the same category. A wallet refers to a blockchain platform for storing and transferring Bitcoin after it is transferred to different addresses; while a wallet is an application created in the name of a user through digital asset management services and payment applications based on blockchain technology.
What does the “currency” classification in Huobi mean? The “contracts,” “futures,” “options,” etc. in Huobi are all formulated by different institutions based on their business operations, and are divided into two levels: one is primarily trading-oriented or derivative-based. The second is financial products that provide services in a way that supports fiat currency. The third is investment tools for exposure to cryptocurrency assets. The fourth is a series of new products and services generated in the development process of DeFi field.
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