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Huobi Pro Launches New Crypto Market Index via @coindesk

According to Coindesk, “Cryptocurrency exchange Huobi Pro is launching a new market index for its customers, the company announced Wednesday. “The Huobi main force index will track 10 different digital assets traded against tether (USDT), a dollar-pegged cryptocurrency, on its platform in real time, according to a press release. “The index will ‘reflect the overall […]

By Chris Sykora · May 23, 2018
Huobi Pro Launches New Crypto Market Index via @coindesk

According to Coindesk, “Cryptocurrency exchange Huobi Pro is launching a new market index for its customers, the company announced Wednesday.

“The Huobi main force index will track 10 different digital assets traded against tether (USDT), a dollar-pegged cryptocurrency, on its platform in real time, according to a press release.

“The index will ‘reflect the overall performance of Huobi Pro market,’ allowing investors to see a single aggregated feed rather than having to check on individual assets one at a time.”