Huobi, one of largest cryptocurrency exchanges in the world, has announced that they will be listing Lambda to the Huobi platform. Lambda is known for being a safe, fast and scalable blockchain infrastructure project.
This week, Huobi announced that the cryptocurrency exchange is listing the Lambda token (LAMB) on the Huobi Platform. Lambda was one of the Huobi Next winners of the month November.
Huobi Next is a new public voting event organized by the Singapore based cryptocurrency exchange. The event allows top investment institutions, qualified voters, and Huobi Token holders to vote for their choice of emerging and early-stage projects. Projects garnering the most votes are listed on the Huobi NEXT exchange.
The vote was held in November for the first time and saw Lambda and Covalent as the winners. Lambda and Covalent earned the maximum votes of 1,200,000 and 722,000, respectively.
Lambda is a fast, safe, and scalable blockchain infrastructure project, which provides decentralized applications (DAPPs) data storage capabilities with unlimited scalability and fulfills services such as multi-chain data co-storage, cross-chain data management, and more.
The project had a very successful token sale event earlier this year in which it raised more than $15 million in Ethereum – three times the targeted hard cap.
Huobi is going to launch two trading pairs for Lambda – LAMB/BTC and LAMB/ETH – and will initiate trading from the 29th of December, 2018. However, the exchange will allow withdraws only after the 3rd of January, 2019.