Huobi cryptocurrency exchange will integrate their price data with Chainlink’s ecosystem in an effort to provide more accurate price information.
Huobi is the first major cryptocurrency exchange which ran its own node on the system through Huobi Wallet. This allows the exchange to sign its own price data allowing users to confirm that any exchange data coming from the Huobi Node is authentic and direct from the source.
The first batch of price pairs will include BTC/ETH, BTC/USDT, ETH/USDT, and LINK/ETH, with more to follow.
“We are very excited to accelerate our involvement in this emerging trend by providing Chainlink users access to Huobi Global exchange data, as well as running our own Chainlink Node,” Huobi Wallet CEO Will Huang said.