The cryptocurrency lending industry has been booming lately, with the options to borrow against holdings or earn interest by making loans becoming easier to find. But the interest rates seem too good to be true.
Huobi Brokerage launches, targets institutional clients
Huobi Group’s new digital asset brokerage platform also targets high net worth individuals
Ciara Sun, Vice President of Global Business at Huobi Group, said 2020 is the beginning of the “next phase of crypto. 2019 brought the first wave of institutional interest but 2020 is when we expect to see the industry mature with growing demand.”