How Huobi's Du Jun Became Number One in the Bitcoin Industry

At the 2015 Northeast Asia Internet and E-commerce Conference held on August 13, Huobi.com, the largest Bitcoin trading platform in China, won the "Excellent E-commerce Service Award" for its service advantages. Huobi.com co-founder Du Jun gave a keynote speech on "How to Become the First in the Digital Currency Field", and the data listed in the speech attracted the attention of the participants.

Du Jun said that since its launch in September 2013, Huobi's daily transaction volume has shown an astonishing upward trajectory. It reached 1 million in 9 days, broke through 10 million in 50 days, and broke through 1.5 billion on the 180th day, setting a record for the highest Bitcoin trading platform in the world. As of now, Huobi's cumulative transaction volume has reached more than 138.29 billion. In addition, two months after its launch, Huobi received angel round investment from Zhen Fund and famous angel investor Dai Zhikang, and three months later, it received a tens of millions of US dollars in round A investment from Sequoia Capital, a top venture capital institution on Wall Street.

Talking about the current situation of Bitcoin, Du Jun said that although the price of Bitcoin is currently in a consolidation cycle, the total number of Bitcoin users in the world has reached about 10 million, and the number of merchants accepting Bitcoin has exceeded 100,000, including large multinational companies such as Microsoft, Dell, and Dish. In the first quarter of 2015, the amount of Bitcoin financing reached 260 million US dollars, a year-on-year increase of 416%. And the regulatory policies around the world are also moving towards standardization.

It is reported that the reason why Huobi.com has grown to be the first in the industry in a short period of time is mainly based on three factors: First, Huobi dares to break the inherent rules in the industry and is the first trading platform in the industry to propose permanent free handling fees for spot transactions; second, it always puts user services first. Based on the global trading characteristics of Bitcoin, Huobi.com is the first trading platform to launch 7*24 hours customer service and VIP level system; third, it continues to extend the industry latitude based on its core advantages and pursues ultimate excellence in industry segments. At present, Huobi is in a leading position in the industry in terms of Bitcoin basic services and related financial instrument development. In addition, in order to promote the overall development of the industry, Huobi has also cooperated with Tsinghua University PBC School of Finance to launch China's first "Digital Asset Research Project" project.