Huobi and Poloniex Form Strategic Partnership

Strategic Partnership Announcement

Huobi and Poloniex, prominent cryptocurrency exchanges, have announced a strategic partnership as of November 30. This collaboration aims to enhance their operational capabilities and market presence.

Partnership Objectives

The partnership focuses on several key areas. Primarily, it will advance the development of Huobi's HT coin ecosystem. Additionally, the two exchanges will work on improving connectivity and liquidity sharing, which are crucial for efficient and seamless cryptocurrency trading.

Evaluation and Project Listings

Starting in December, the Huobi Advisory Board will play a pivotal role in assessing Poloniex's projects monthly. This evaluation process aims to identify top-performing projects, offering them a chance to be directly listed on Huobi. This initiative could provide significant exposure and growth opportunities for successful projects.

Global Compliance Efforts

The partnership also emphasizes global compliance, ensuring that both exchanges adhere to international regulations and standards. This focus on compliance will help in maintaining trust and transparency with users worldwide.

Conclusion

By joining forces, Huobi and Poloniex seek to leverage each other's strengths, enhancing their services and offerings in the competitive cryptocurrency market. This strategic collaboration could pave the way for innovative developments and improved user experiences across their platforms.