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Why does Huobi Exchange trade again?

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Why does Huobi Exchange trade again? Why does Huobi Exchange trade again?In the

Why does Huobi Exchange trade again?

Why does Huobi Exchange trade again? Why does Huobi Exchange trade again?

In the past month, the overall cryptocurrency market has experienced a significant decline. After Bitcoin surged by nearly 400 points, mainstream currencies such as Ethereum and XRP also experienced declines. BTC also went through a substantial rebound, while EOS, BCH, and LTC all had slight retracements. Other mainstream currencies are also in a downward trend. But does all this indicate that there is capital entering the market? If there is not enough capital entering the market, it will be difficult for the market to sustain its upward movement.

So why does Huobi Exchange have new trading pairs again? The reason is simple: due to the instability of the exchange’s platform token, it is difficult to stop losses in a timely manner. In order to ensure user safety, the exchange team will continuously adjust strategies and take measures to prevent systemic risks, while avoiding losses caused by hackers or scams. Therefore, the trading pairs are restricted to daily limits to increase the threshold for user participation and make the trading process smoother. Additionally, because the price of the exchange’s platform token fluctuates greatly, it is more vulnerable to manipulation by hackers or manipulative institutions in the market. Currently, Huobi Exchange has suspended all trading businesses, leaving only some trading functions and leveraged products.

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