Chinese-based cryptocurrency trading platform Huobi, founded in September 2013 and one of the largest in China announced today that trading in CNY/ETH will begin on Wednesday of this week. Ethererum has become the second-largest cryptocurrency in terms of market cap as of May 2017 at around $15 billion at current USD prices, while bitcoin holds at around $36 billion.

Officially, trading will start on 12:00 May 31st (GMT +8). ETH deposit and withdrawal will be available from then on as well.

Huobi is offering the following incentives to commemorate listing of ETH:

from May 31st 12:00 to June 3rd 12:00, ETH trading commission fee is 0.01%.

from June 3rd 12:00 to June 8th 12:00, ETH trading commission fee is 0.05%.

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher, and programmer. The system went live on 30 July 2015. There are many aspects of Ethererum that could outperform Bitcoin, such as scalability, cost, and speed.

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