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Huobi Wallet launches support for Cosmos (ATOM) token


www.cryptoninjas.net 05 June 2019 18:50, UTC
Reading time: ~2 m

Huobi Wallet, a multi-chain wallet from crypto exchange company Huobi Group, has added support for Cosmos Network’s ATOM. In addition, Huobi Wallet now serves as a COSMOS validator for ATOM delegators.

“Huobi Global is one of the first major exchanges to list ATOM for trading and the Cosmos project has definitely attracted a lot of our users’ attention,” said Ross Zhang, Huobi Group’s Head of Marketing. “Adding support on Huobi Wallet and serving as a validator is another step forward in our efforts to support their entire ecosystem.”

Aiming to become the ‘internet of blockchains’ Cosmos Network’s mission is to create a secure and scalable blockchain ecosystem that serves as a central hub for decentralized applications across the new token economy.

In addition to charging only 1% commission for delegation service, Huobi Wallet offers one of the only slashing insurance services available on the market, covering possible loss for delegators.

ATOM is the 13th mainchain token supported by Huobi Wallet. Huobi Wallet supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Bitcoin SV (BSV) Tron (TRX), XRP (XRP), EOS (EOS), Ethereum Classic (ETC), and Litecoin (LTC). Furthermore, Huobi Wallet supports Tron, EOS, and Ontology (ONT) and Ethereum tokens as well as staking service for IOST (IOST), ONT, and ATOM.

The Huobi Wallet product allows users to retain control of their private keys and thus full ownership of their digital assets. The wallet leverages multiple blockchain security-related patents, including patents for security isolation and data encryption,

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