Huobi announced on February 13, 2023, that the Huobi Cloud Wallets platform would discontinue in May 2023.
The cloud wallet was launched in October 2021, allowing users to manage digital assets without a primary key.
Major companies discontinue their products for either cost-cutting or to divert their focus elsewhere. Cryptocurrency exchange Huobi recently announced the discontinuation of their Huobi Cloud Wallet platform in May 2023. Referring to “strategic and product adjustments.”
Cryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023, citing “strategic and product adjustments. pic.twitter.com/HvTGNaEYla
— 🆄🅻 (@Bbguy411John) February 14, 2023
Discontinuation of the platform
Huobi’s support page has an announcement saying that the maintenance and upgrades regarding their multi-token wallet service will stop officially from February 13, 2023. The company is urging the users to use the wallets to transfer the
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