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"Runes presents an efficient system for creating and managing fungible tokens directly on bitcoin in a way that reduces blockchain bloat and improves scalability compared to other token standards," said Hong Fang, president of copyright exchange copyright. "This has major implications for layer two solutions and sidechains that are working to scale

Huobi Global , founded in 2013, is one of the top copyright exchanges to trade derivatives. It offers a percentage fee charged on each trade, with a takers fee of 0.04%. Huobi is one of the longest-lasting exchanges globally, surviving through China’s ban on Bitcoin trading. The platform launched several international exchanges in 2017, and 2018,