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Huobi and CopperHQ Partner to Enhance User Asset Protection and Trading Experience

Kester Odero by Kester Odero
March 24, 2023 - 2:53 pm
in bitcoin news, Market
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CopperHQ is a digital asset custody and trading solutions provider, and Huobi, a renowned digital asset exchange, just made an announcement on a new partnership with the company. A Memorandum of Understanding (MOU) has been struck between the two companies, and they want to join Copper’s ClearLoop network in the near future. 

ClearLoop is a system that ensures the safe, quick, and transparent settlement of cryptocurrency exchanges. This is done with the intention of enhancing liquidity and lowering counterparty risk.

Huobi has signed a MOU with @CopperHQ, a digital asset custody and trading solutions company, with plans to join Copper’s #ClearLoop network. Jointly, we will combine our strengths in user asset protection to provide users with a safe and enjoyable trading experience. pic.twitter.com/80YCwhvnCu

— Huobi (@HuobiGlobal) March 24, 2023

What’s in it for customers

Because of this cooperation, customers will have access to state-of-the-art custody solutions from CopperHQ, in addition to the user asset protection expertise that Huobi is known for. The goal is to give users a trading environment that is both secure and pleasant. 

Huobi, as the firm claims, has never placed a lower priority on the safety of its users’ assets than it does now, and the formation of this cooperation is a significant step in the right direction toward achieving that goal.

The cooperation is an important milestone for both Huobi and CopperHQ, as it displays their dedication to providing users with the greatest possible trading experience. It is more vital than ever before for digital asset exchanges and custody providers to collaborate in order to maintain the safety and security of user assets. This is because the cryptocurrency market is continuing to develop and adapt, which makes it more important than ever before.

In conclusion, the relationship between Huobi and CopperHQ is a key step towards providing users with a trading experience that is both safe and unbroken. CopperHQ will benefit from Huobi’s experience in user asset protection as a result of Huobi’s participation in Copper’s ClearLoop network. Partnerships such as these will become more vital to ensure the safety and security of user funds as the cryptocurrency industry continues to expand in the coming years, especially with the increasing amount of hacks.

Tags: CryptocurrencyExchangeHuobiMarketTradingWeb3
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Kester Odero

Kester Odero

Kester is a Kenyan citizen currently based in the country’s capital Nairobi who studied at KCA university, also based in Nairobi, Kenya.His Passion as a writer led him to freelance news writing in his early school years. Kester likes to talk about blockchain and is keen on generating plagiarism-free work. Kester also writes on general world news and other emerging niches and research in the crypto world and the world's economy.Kester is focused on creating high-quality and highly optimized content. In line with this, he has specialized in emerging blockchain news technical analysis and price predictions. BestHe is dedicated to giving the best quality services and focused on delivering work during the required time.

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