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Two leading Chinese digital currency exchanges to add Ether (ETH)

Image courtesy of  Shutterstock

Image courtesy of Shutterstock

OKCoin and Huobi, two Chinese Bitcoin (BTC exchanges are planning to implement Ether (ETH) trading June 1st.

Huobi issued this statement via Twitter explaining the Ethereum network and all of the arising corporate interest, specifially the Enterprise Ethereum Alliance (EEA). This team of companies from various industries formed this alliance to develop programs, security features, and standards for the fast growing blockchain, Ethereum.

Huobi plans to incentivise ETH trading by offering trading bonuses.

OKCoin, another leading Chinese exchange also issued a similar statement regarding the launch of ETH on their platform. They further explained the EEA as well as acknowledging the growing demand for ETH trading. They too are offering incentives for ETH trading.

If we've learned anything this year from exchanges adding currencies, its to expect that price to rise. With incentives for trading and growing corporate interest, ETH investors could be in for another wild week.