MetaCrunch

Huobi Global is Now a pNetwork Node Operator

CryptoNewsZ


Huobi Global, one of the leading crypto exchanges & nope operators, has joined the likes of ChainGuardians and Peerion DAO in the list of pNetwork node operators. Huobi Global is now tasked with reviewing the incoming requests to switch assets from one network to another and ensuring the available liquidity suffices to the requested level.

Moreover, it will look into the aspect of guaranteeing high-level security by complementing the Trusted Execution Environment, also known as TEE.

TEE is crucial for pNetwork node operators to run their crucial operations. The current pNetwork node operators include individuals and projects from the larger ecosystem. pNetwork node operators are offered a reward for their services. For instance, the network accrued more than $700,000 and distributed that amount in the form of different cryptocurrencies.

Node operators at pNetwork have served as a backbone since its inception, which was registered in March 2020. The network has processed at least $1 billion in cross-chain operations and moving assets.

pNetwork is categorized as an open, public, and independent network with an inbuilt governance system to power the multi-chain routing protocol for the movement of Non-fungible tokens, assets, and data.

Huobi Global was founded in 2013 and is currently headquartered in Seychelles. Huobi Global supports 375+ cryptocurrencies and over 300 trading pairs. It is a crypto exchange that has successfully created its space in the node operator segment.

The user-friendly interface makes it easier for visitors to navigate the website and explore the different functions of the platform. Huobi Global offers its users detailed market data in the form of charts & other presentations, along with price feeds. Huobi Global can handle three different types of orders: Limit Order, Market Order, and Stop Limit Order.

Huobi review offers an in-depth analysis of these orders.

The platform employs a high level of security in terms of cyber mechanisms, allowing users to access their right to vote freely on the HADAX exchange, supporting multiple altcoins.

Register on the platform by signing up and completing the verification steps. There is no complication in opening an account with Huobi Global. Upon concluding the registration process, users can leverage fiat currencies like US Dollar and the Chinese Yuan in addition to cryptocurrencies like Bitcoin and Litecoin.

HT is the native token of Huobi Global. It runs on the Ethereum Blockchain. In sharp contrast to the norm of launching a native token through an ICO. HT was a giveaway under a loyalty scheme, giving holders the right to slash the fees on crypto trading. The holders of HT can also participate in governance decisions and IEOs.

Becoming a pNetwork node operator is another feather in the cap for Huobi Global. It received a warm welcome from the pNetwork community, and the commitment is now to play a key role within the pNetwork protocol.



Compiled by Metacrunch. Metacrunch is a news complier and aggregator platform which aims to spread awareness and updates on Metaverse, Web 3.0 Technology, Blockchain, Cryptocurrency, NFTs, Airdrops and many more.

Source link .

%d bloggers like this: