Crypto Exchange and Huobi Partner HBUS Begins Accepting New US Registrations

HBUS, a cryptocurrency exchange that is a partner of Huobi – one of the largest crypto exchanges around having trasded $50 billion plus, has announced that most US residents may start registering for its services. There remain several states where HBUS is not offering trading (Alabama, Connecticut, Georgia, Louisiana, New York, North Carolina, Hawaii, Vermont, and Washington). You need to be aware that non-US users should not create accounts as they “may be closed and assets blocked in accordance with OFAC regulations.”

HBUS is a FinCEN-registered Money Service Business (MSB) and states that it is strongly committed to complying with all Anti-Money Laundering / Counter-Financing of Terrorism and OFAC legal requirements. Among other AML / CFT policies, procedures, and controls, all HBUS employees must undergo a pre-employment background check and routine AML / CFT training. HBUS also maintains comprehensive Customer Identification Program, AML Program and strong sanctions list screening and transaction monitoring practices to identify, investigate, report and block suspicious accounts and assets.

Today, users may begin depositing the following list of cryptocurrencies:

  • BTC
  • BCH
  • ETH
  • ETC
  • LTC
  • USDT
  • CVC
  • DASH
  • TUSD

If you happen to sign up today until July 9th at 1159PM PT, you get to have zero fee crypto trading. The marketplace is scheduled to go live on July 10th, at which time users will be able to trade and withdraw funds.

As with many other crypto exchanges, HBUS offers traders the ability to view market data of virtual currencies listed, including candlestick and depth charts. Trading pairs and the platform’s full feature set will be announced at launch.

Last week HUBS announced that Frank Fu would be their new CEO. Fu stated at that time;

“This is a compelling time in the cryptocurrency industry. I look forward to assembling a team dedicated to building a world class virtual currency and digital asset platform that offers the best customer experience, technology innovation, and regulatory compliance.”

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