Leon Li is the CEO and founder of Huobi (“Fire Currency” in Mandarin), one of the largest Bitcoin exchanges in the world. At the start of 2014, the previously unheard of exchange outside of China became the largest trading venue by volume in the digital currency, creating rumors and speculations of fraud. “Having large volumes is related to our no-exchange fee strategy,” said Li in an interview with forexmagnates. Thus, it is largely speculated that the no trading fee policy resulted in the influx of micro-transactions, bot trading etc. raising trading volume. With Huobi making some big moves recently, including …