Exchanges recently have been innovating heavily by offering a wide range of services, this growing trend can be monitored through any of the top exchange platforms. Huobi, a leading crypto exchange, has taken up the task to build up a complete infrastructure to complement the ecosystem and has developed a multi-currency light wallet that is capable of storing most major digital assets. The latest additions for the wallet are EOS and TRX, two different smart contract platforms.

Huobi Wallet

Huobi Wallet is a convenient and secure multi-currency wallet that is available for both iOS and Android running smartphones. The wallet currently supports over 1000 digital coins (all ERC20 tokens) including the freshly added EOS and TRX. Additionally, back in October Huobi announced support for 6 types of stablecoins as well: DAI, PAX, EURS, GUSD, and USDC.

(Images taken from huobiwallet.com)

The wallet comes with the ability to manage private keys, which is absolutely a must considering that without them one is subject to a central authority giving out the funds when needed. The software is running on patented data security solutions with the help of data isolation and data encryption.

Features

When setting up a new wallet the App will first offer an option to import existing wallets, making migration a breeze, and will also offer a backup option during the next step.

Supported coins will allow the option to manage several addresses and we have the ability to track the value of these. We can display our values in several currencies.

Wallets can also be backed up independently and can be also renamed or can be hidden according to personal safety preferences.

Sending and receiving can be easily managed through the built-in address book or we can convert our assets directly from the wallet through Changelly, which is a 3rd party coin-swap provider.

The new additions

EOS and TRX have been the two new project that are supported in the app. No wonder that these coins were the ones to complement the currently supported major coins such as BTC, BCH, USDT, ETH, ETC and LTC as both are between the most used decentralized smart contract platforms to date.

“EOS is among the most important Delegated Proof-of-Stake (DPoS) currencies so it was a natural choice for us to include on Huobi Wallet,” said Huobi Group Vice President Livio Weng. “Going forward, the community can expect to see more currencies added at an accelerated rate. We also plan on establishing additional partnerships with a range of decentralized apps (Dapps) developers, giving our users greater access to an expanded range of products and services” he added.

Currently EOS is sitting at the number 6 spot according to the current market cap of $2.6 billion, while Tron is number 12 with $767 million. Both project offer a different, but effective solution to scaling and to running decentralized applications on the respective network.

Official website of the Huobi Wallet: https://www.huobiwallet.com/en

Download on iOS: https://www.huobiwallet.com/en/ios-install

Download on Android: https://play.google.com/store/apps/details?id=com.huobionchainwallet

Register on Huobi’s Exchange: https://www.hbg.com/