Blockchain company Huobi DM has just announced that it has expanded its cryptocurrency contract trading services to include EOS.
We’ve seen a great response to our Bitcoin and Ethereum contract services from a broad range of sophisticated traders,” said Huobi Global CEO Livio Weng. “Along with that, we’re also seen a strong demand to expand Huobi DM to other coin types as well. Adding EOS contract service is part of our ongoing efforts to address customer demand. Users should expect to see Huobi DM expand service to additional digital assets over the course of 2019.
To celebrate the occasion, Huobi will be giving away 8,888 EOS to qualified traders.
Traders can now take both long and short positions on EOS, allowing for arbitrage, speculation, and hedging. Since launching in 2017, EOS’s price has fluctuated between $18 and less than $0.80.
Huobi DM can be a powerful tool in managing risk in EOS and other cryptocurrencies,” Weng commented. “That’s an important factor when dealing with bear markets, such as the one we find ourselves in now.
Huobi DM also offers weekly, bi-weekly, and quarterly cryptocurrency contracts for Bitcoin (BTC) and Ethereum (ETH).