Huobi announced the opening date of the Russian branch

Huobi, one of the largest cryptocurrency platforms, will open its office in Russia on November 12, as announced at the international conference “Blockchain Life”, held in St. Petersburg on November 7-8, the head of Huobi Russia Sergey Grachev and the director of Huobi Global Edward Chen.

The Russian branch of Huobi will start with the launch of a Russian-language website with a 24-hour online support service and a call center. The Huobi office plans to host a business incubator for Blockchain startups in partnership with a network of regional chambers of commerce of the Russian Federation and support Russian projects, promoting their growth, scaling and profit. 

Huobi also plans to have an educational program that offers training for high-level specialists in the field of Blockchain technologies and digital assets. The training program includes the specifics of digital asset management and crypto trading. At the initiative of the exchange, this program will be implemented with a number of leading higher education institutions in the country. The Huobi University of Economics has already joined the educational initiative. Plekhanov and the prestigious Moscow State Institute of International Relations.  

The cryptocurrency giant will not ignore the so-called mining hotels in Russia. Recent trends show a steady increase in the number of such facilities, thanks to relatively cheap housing for small mining farms that are excessively noisy and require energy to be placed in homes and offices. The market is saturated with profitable offers, and rental rates are determined by the rated power of mining equipment, which contributes to the rapid development of mining in the country.  

Huobi is confidently implementing its plan to expand into new crypto markets around the world, such as Africa, South Asia and the Middle East.