Dear users,
HBTC will list XLM/USDT & ZEN/USDT at 16:00 on November 25, 2020 (UTC+8) for aggregate trading.
Since the XLM/USDT & ZEN/USDT are Aggregated Trading pairs, the deposits & withdrawals will not be supported. Should there be further progress on the wallet support, it will be announced in the future official announcement (to know more about the Aggregate Trading Pairs, please refer to the end of this announcement).
About XLM
Stellar is an open-source network for currencies and payments. Stellar makes it possible to create, send and trade digital representations of all forms of money—dollars, pesos, bitcoin, pretty much anything. It’s designed so all the world’s financial systems can work together on a single network. Stellar has no owner; if anything it’s owned by the public. The software runs across a decentralized, open network and handles millions of transactions each day. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync, but the end-user experience is more like cash—Stellar is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.
Website: https://www.stellar.org
Blockchain Browser: https://dashboard.stellar.org
White Paper: https://www.stellar.org/papers/stellar-consensus-protocol
About ZEN
Zen is an end-to-end encryption system that uses zero-knowledge technology to securely transfer and store data or value through communication. It is an integration of revolutionary technology. The system it creates can be combined with some of the following functions, which have been completed separately in the traditional sense. The Zen network is a safe and anonymous model that uses a globally distributed blockchain and computing power structure. The system integrates a variety of the most advanced technologies and provides an open platform for license-free innovation, so they can develop their platform based on user performance. In August 2018, Zencash was better known as Horizen.
Website: https://www.horizen.io
Blockchain Browser: https://explorer.zensystem.io
White Paper: https://www.horizen.io/assets/files/Zen-White-Paper.pdf
About Aggregate Trading Pairs
When a user buys and/or sells currencies on HBTC, our Aggregate trading system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves.
Aggregate trading is commonly used in the trading industry. The purpose of HBTC aggregate trading is mainly to provide our users with access to new and popular assets.
HBTC aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HBTC.
HBTC will evaluate the holding amount of these aggregate trading tokens later and consider to dock with the project wallets for these projects with a large holding amount, to meet the deposit and withdrawal requirements of users.
Risk Disclaimer
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.
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HBTC
November 24, 2020