Huobi DM Is Now Extending Real-Time Settlement Service Until June 2020

Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • Huobi Global has published an article on its website regarding the introduction of its Real-Time Settlement Service for the LTC Delivery contract.
  • Huobi DM (Houbi Features) has decided to introduce a real-time settlement service for the LTC delivery contract from February 7th, 2020, at 6 PM (+8 GMT).
  • The trial of Real-time settlement was scheduled to end earlier this year.

Huobi Global has published an article on its website regarding the introduction of its Real-Time Settlement Service for the LTC Delivery contract. Huobi Global introduced Digital Settlements in 2019 that allows users to deal with the volatility of the crypto market and move towards more profitable options without much delay.

In a market that was becoming more and more competitive with each passing day. An option like this is a must on the digital currency exchange platform. The trial of Real-time settlement was scheduled to end earlier this year. However, the popularity of this feature has made Huobi Global increase the duration of this trial period until June.

The post addresses the users of Huobi. It talks about the Real-time service for settlements of Bitcoin, and Litecoin delivery contracts have been extended until June 2020. The post claims that these services have been received very well by the market since Huobi DM (Houbi Features) introduced it.

To provide a better service, Huobi DM (Houbi Features) has decided to introduce a real-time settlement service for the LTC delivery contract from February 7th, 2020, at 6 PM (+8 GMT).

Huobi DM (Houbi Features) has launched this service to make it easier for the users to withdraw the realized profits (not considering the unrealized loss and occupied margins) without any delay once the LTC delivery contract is closed.

Earlier, LTC contract users required to wait until Friday to withdraw after the settlement has been done. Now, with the introduction of this new service, the customers would get more flexibility when it comes to withdrawing funds.

One needs to understand that the real-time service for LTC contract settlements would be introduced on a trial basis at first. This trial would run until June 30th, 2020.

So, there are chances that the final version of the service might be slightly different from the trial version. To know more about the real-time service and further updates, you can refer to the Huobi website.

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