Huobi Cryptocurrency Exchange has plans underway to launch a fiat gateway in Indonesia for trading fiat-crypto between Tether (USDT) and Indonesian Rupiah (IDR). The <a href="https://www.cryptoknowmics.com/crypto/crypto-startup-roundlyx-collaborates-with-voyager-to-enable-low-risk-crypto-investment/">exchange</a> announced on December 27 that the gateway platform would enable Indonesian investors to make use of IDR; and trade at least 250 cryptocurrencies available on the subsidiary- Huobi Indonesia. David Chen Senior Director of the Huobi Cloud  stated that : 
<blockquote>"The new fiat gateway is part of Huobi's global expansion strategy and reflects our ongoing commitment to working with strong local partners in key markets across the globe [...] ; By continuing to add new fiat/crypto pairs for Huobi Cloud 2.0; we want to make it frictionless for investors anywhere in the world to trade digital assets;  on a trusted and proven platform." </blockquote>
<h2>Indonesia Provide Major Opportunity for Growth</h2>
Meanwhile, the crypto exchange considers Indonesia among the best opportunities for contributing growth of the entire blockchain community. In fact, a major driving force for crypto adoption worldwide. 

The CEO of Huobi Indonesia Xiong Dan also commented that the platform was an exciting milestone for the team in Indonesia. 

Infact, he added: 
<blockquote>“We will continue to expand the Indonesian market, consolidate and improve service quality,” </blockquote>
<h2>Huobi Group Expanding  into Turkey</h2>
Meanwhile, Huobi is planning to digitize the Turkish lira by the end of the year; since launching a localized web and application version of its platform in Turkey. Nonetheless, the cryptocurrency exchange group executed its executive crypto pursuit in the nation following appointment of Alphan Gogus as its general manager for Huobi Turkey.

Gogus is an old hand in the crypto and finance industries. At the time of appointment Mohit Davar, Huobi Group regional president said that hiring a leader was a <a href="https://www.forbes.com/sites/lukefitzpatrick/2019/05/12/xena-exchange-market-barometer/">significant</a> milestone to establish a powerful presence in Turkey. Huobi Exchange will continue building its presence and team in Turkey.

Indonesian Rupiah(IDR) and Tether(USDT) Trading Pair on Huobi Indonesia

Richard is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates him, he finds the intersection of both technology and finance mind-blowing. The firm belief that fintech will drive the future has brought him to the crossroads of Fintech discoveries and transmission of immutable data to a wider audience.

Indonesian Rupiah(IDR) and Tether(USDT) Trading Pair on Huobi Indonesia

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