Singapore-based crypto exchange owner, Huobi Global (which is in the process of rebranding to HBG.com) has reportedly earned $483 million from trading commissions. During 2018, Huobi’s global crypto exchange managed to generate 545.2 billion Korean won (appr. $483.9 million) from commissions, according to a commodity and digital currency investment specialist named Hwaseong Jae Kyung. Notably, Binance, the world’s largest crypto exchange in terms of trading volume, only earned $463.9 million from commissions while OKEx, another leading exchange, generated $239.4 million.
