Hoo exchange

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Hoo.com is a world’s leading blockchain assets service platform, aiming to provide safe and reliable assets management and blockchain services to users worldwide. 

History

Founded in 2017 as a cryptocurrency wallet, Hoo.com quickly grew into a well reputed wallet in the field in just two years. 

In June 2019, the company announced its acquisition to Chaince and OAX, two start-up exchanges in China and fully upgraded to a blockchain assets service platform whose business expanded to crypto exchanges, wallets, custody and mining industry. 

In September 2019, Hoo officially launched its initiative “Hoo Power” after several trial fundraisings which were hugely welcomed by the users. Hoo Power is a program which digitalizes the assets rights of Hoo users, such as Gain Right, Refund Right and Buy Back Right, etc. The “Digitalization of Assets Rights” at Hoo Power is to digitalize the rights of your cryptocurrency assets and turn them into tradable tokens which can be circulated and transferred in the secondary market. Users who hold digitalized right tokens (ticker name starting with a T) will be able to exercise their rights in a certain period of time with “1 token + 1 digitalized right token”. 

Products

1. Hoo Exchange

Being one of the key features at Hoo.com, Hoo Exchange aims to become the world’s leading cryptocurrency trading platform. As of writing, the exchange has listed 69 coins with 80 trading markets. Users are also able to swap their tokens for free with a “Quick Swap” feature on the website and in the APP.

2. Hoo Financing

Hoo supports the financing of various mainstream digital currencies such as BTC, ETH, EOS and USDT as well as other tokens, including current and regular financial management methods.

Collateral Loaning is a loan service for digital currency launched by Hoo, aiming to help users with their capital problems in time. The borrower gets the loan by staking the blockchain assets he holds, with a daily interests as low as 0.005%. Coins that can be used for staking include BTC, ETH, EOS, HC, USDT, BCH, LTC, etc.

3. HD Wallet

HD Wallet is the on-chain wallet of Hoo. Users control their private key and are able to manage multi chain wallet with one set of mnemonics. The HD Wallet now supports Bitcoin, Ethereum, EOS, Ho and BTC Lightening Network and the integration with Dapps and Lapps.

4. Hoo Custody

Hoo Custody includes commercial wallet services and large asset trusting services.

Hoo Custody provides mature and reliable wallet service solutions to help companies such as exchanges, OTC platforms, wallet service providers, game operators and other companies to deposit, transfer, query and redeem products, which improves development efficiency and reduce operational risk.

Hoo Team

Core team of Hoo Exchange are composed of early Bitcoin lovers, blockchain developers and technicians who have abundant experience in blockchain development and marketing. 

Fouder & CEO - Ruixi Wang 

Ruixi Wang is a Chinese crypto investor and entrepreneur, who is the founder and CEO of Hoo.com.

Wang first came across Bitcoin in the first half of 2013 when the One Foundation announced that they received 81 BTC donation. Not long after which he started a blockchain explorer called BtcMini, aiming to help people to get to know more about Bitcoin.

When the agency went bankrupt, he joined the BitFountain, a Bitcoin miner company, one of the top three miner companies at the time. 

Two years later in January 2015, the founder of BitFountain ran away with 17,597 BTC. Wang bought the machines left in the company and started his new career as a miner owner. 

In the end of 2016, Wang fully-purchased PoW8.com, a well-known Chinese digital currency cloud mining and trading platform, with 5 million RMB. 

In the middle of 2017, Wang started his own ICO platform icooo.com, which was forced to be closed when Chinese government banned ICOs in September that year.

In May 2018, Wang founded Hoo Wallet that was registered in Hong Kong. 

In June 2018, Hoo announced its acquisition to Chaince and OAX, two start-up exchanges in China and fully upgraded to a blockchain assets service platform (hoo.com) whose business expanded to crypto exchanges, wallets, custody and mining industry.

COO - Chaohua Deng 

Deng has been active on Bitcointalk since 2013. At the end of that year, he joined the marketing team of AEX exchange. 

In 2017, he started an ICO platform ICO365 which was also closed due to policy reasons. 

In 2018, Deng joined OAX exchange and worked as COO. 

In June 2019, he worked as COO at hoo.com after the acquisition.

CMO - Xiaohai Chen 

Chen got her Master's degree in Finance in University of Denve after she worked five years in PricewaterhouseCoopers. She started her crypto journey in 2017 as a co-founder in OAX exchange.

In June 2019, Chen worked for Hoo.com as CMO after its aquisition to OAX.

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