The debut of the Huobi Visa Card has been announced by Huobi.

On December 22, Huobi, one of the largest virtual currency exchanges in the world, unveiled intentions to launch the Huobi Visa Card globally, with the goal of providing a much more effective fiat-to-crypto conduit for its consumers and fostering the growth of the virtual asset sector.

Several European markets will still have access to the Huobi Visa Card during the initial deployment phases; other regions will receive it soon after. The Huobi Visa Card's introduction demonstrates Huobi's steadfast commitment to fostering the global acceptance of virtual assets.

A representative of Huobi's global advisory board, Justin Sun, stated that:

“This launch of the Huobi Visa Card marks a significant milestone in Huobis push toward making virtual assets available to all. Huobi and Visa are both prominent leaders in their respective industries, and with the Huobi-branded card, we hope to contribute toward global financial inclusion. ”

Cuy Sheffield, Visa's Head of Crypto, stated:

“Visa wants to serve as the bridge between the crypto ecosystem and our global network of merchants and financial institutions. Were excited to work with innovative platforms like Huobi to make it easy and seamless for consumers to spend from a crypto balance—anywhere Visa is accepted.”

The accounts of Huobi users will be connected to the Huobi Visa Card. With this card, Huobi users can quickly convert and purchase for services or products using virtual currency credit in their Huobi wallets at any of the 80 million merchant locations globally that recognize Visa.

The Huobi Visa Card comes with a plethora of perks for cardholders, including the ability to participate in Huobi Earn goods, trading fee rebate coupons, CandyDrop sure-win coupons, and enhanced APY coupons.

About Huobi

In order to give people in mainland China and elsewhere access to a cryptocurrency trading platform, Huobi Global was established in Beijing in 2013. The platform swiftly gained popularity and is now one of China's three largest cryptocurrency exchanges, giving Bitcoin traders plenty of liquidity.

Huobi had to relocate its cryptocurrency trading services outside of China in 2017, meanwhile, due to the country's shifting legal environment. With an emphasis on growing into other Asian markets and the remainder of the world, the company subsequently became incorporated in the Seychelles and established a new headquarters in Singapore.

Huobi Global has been successful in expanding its user base outside of China and is now among the most active cryptocurrency exchanges worldwide.

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