Published On: Mon, May 29th, 2017

China’s Biggest Exchanges to Add Ethereum, Other Altcoins as Demand Surges

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As altcoins continue to gain popularity throughout the world, Bitcoin exchanges in China are also getting in on the action and listing alternative cryptocurrencies.
Huobi to Support Altcoins
As the moratorium on cryptocurrency withdrawals is expected to soon end in China, exchanges in the country seem to be turning their attention to alternative cryptocurrencies. Two days ago, one of the big three exchanges in China, Huobi, announced it will launch Ethereum trading on May 31.
The announcement reads:
We are excited to announce the CNY/ETH will be listed on our exchanges. Trading will start at 12:00 May 31st (GMT +8). ETH deposit and withdrawal is available from now on.
Today, Huobi released a list of altcoins that are to be added in the future according to the rank of the coin in said list. According to Huboi’s underlying model, Ethereum, Litecoin and Ripple are the highest ranking coins following Bitcoin, followed by Dash, Zcash and Dogecoin.
Online news service cnLedger tweeted:

Huobi released its coin ranking list and underlying model. They’ll list new coins according to the ranking in futurehttps://t.co/9aoJFvQbLA pic.twitter.com/fG3x8QSZzd
— cnLedger (@cnLedger) May 29, 2017

The list was …

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