Huobi Indonesia recently introduced a new pairing on its fiat-to-crypto platform, where Indonesian users can now purchase Tether (USDT) with Indonesian Rupiah (IDR). The announcement was made on Huobi Global’s website on December 27, and with this new development, traders in Indonesia will have access to more than 250 digital currencies that are currently available on the platform.
“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,” said David Chen, Senior Director of Huobi Cloud.
Huobi is steadily establishing connections to partners and markets worldwide and making crypto trading more accessible across a variety of regions. It recently launched Huobi Argentina, and while not yet operational, Huobi also has plans to expand in Thailand under Huobi Thailand, where the exchange has already attained a license from Thailand’s Securities and Exchange Commission to provide crypto exchange services to the Thai market.
Huobi Indonesia’s CEO Xiong Dan said, “The Indonesian Rupiah fiat gateway is an exciting milestone for the Huobi Indonesia team. We will continue to expand the Indonesian market, consolidate and improve service quality, fulfill market commitments, and accelerate the development of local businesses.”
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