MPC Self Custody Platform Enters into Partnership with Huobi

On April 14th, it was announced that the MPC self custody platform under Xinhuo Technology Holdings Co., Ltd. (1611. HK) has officially entered into an Openloop clearing and settlement network cooperation with the crypto asset trading platform Huobi Huobi. Through this cooperation, it will effectively help users achieve the separation of fund security custody and trading behavior, allowing users to complete transactions with their own funds without leaving their self custody account, improving user asset security.

Huobi and New Fire Technology’s MPC self hosting platform have reached an OpenLoop settlement network cooperation

On April 14th, it was announced that the MPC self custody platform under Xinhuo Technology Holdings Co., Ltd. (1611. HK) has officially entered into an Openloop clearing and settlement network cooperation with the crypto asset trading platform Huobi. Through this cooperation, it will effectively help users achieve the separation of fund security custody and trading behavior, allowing users to complete transactions with their own funds without leaving their self custody account, improving user asset security.

What is the MPC Self Custody Platform

The Mastery Protecting Calculation (MPC) self-custody platform is a blockchain-focused technology designed to protect the assets of cryptocurrency holders. The platform allows users to take greater control of their cryptocurrency assets without having to rely on third-party custodians.

Partnership with Huobi

Huobi, one of the leading crypto asset trading platforms, has entered into a partnership with Xinhuo Technology Holdings Co., Ltd to integrate the MPC self-custody platform into its trading architecture. With this partnership, the clearing and settlement systems of both Huobi and the MPC self-custody platform will be integrated, effectively separating fund security custody and trading behavior, allowing users to trade their cryptocurrency assets more securely.

Benefits of the Partnership

The partnership between the MPC self-custody platform and Huobi has several benefits for crypto asset traders, including:

Increased Security

The integration of the clearing and settlement systems of both the MPC self custody platform and Huobi means that users’ funds will be more secure. Users are often wary of leaving their assets on exchanges due to frequent hacks and thefts, and the partnership provides an added layer of security.

Increased Control

The partnership will allow users to complete transactions with their own funds without leaving their self-custody account. This means that users will have more control over their assets and will be able to complete their trades without the need for a third-party custodian.

Improved Convenience

The partnership between the MPC self-custody platform and Huobi will also benefit traders by providing a more convenient and secure trading experience. Transactions can be completed more easily and quickly, and users can trade their cryptocurrency assets with greater peace of mind knowing that they are more secure.

Conclusion

Partnerships like the one announced by MPC self-custody platform and Huobi demonstrate the increasing importance of security in the cryptocurrency world. As the industry continues to grow, it is clear that traders are looking for ways to keep their assets secure while also retaining more control over their trades. By working together, platforms like MPC self-custody platform and Huobi are helping to provide the security and convenience that traders are looking for.

FAQs

What is the MPC self-custody platform?

The Mastery Protecting Calculation (MPC) self-custody platform is a blockchain-focused technology that enables cryptocurrency holders to better protect their assets without the need for third-party custodians.

Why is the partnership with Huobi important?

The partnership with Huobi provides added security and convenience for traders by separating fund security custody and trading behavior. This allows users to complete transactions with their own funds without the need for third-party custodians.

What are the benefits of the partnership between MPC and Huobi?

The partnership provides increased security, increased control, and improved convenience for cryptocurrency traders. Through the integration of the MPC self-custody platform and Huobi’s trading architecture, users can trade their assets more securely and with greater control.