|Huobi Token||Huobi Token website|
|Brief||One of the benefits of holding the Huobi Token is the ability to participate in the Huobi Autonomous Digital Asset Exchange (HADAX). This is a hybrid exchange that allows its users to vote on which coins they'd like to see listed.|
|Last updated:||Sunday, August 9, 2020 10:00:02AM UTC|
|Crypto Volatility Index (CVIX):||30|
|Current price, USD:||4.71|
|Market capitalization, USD:||1 017 000 833|
|Available supply:||215 789 733 HT|
|Volume 24 hours, USD:||58 288 781|
General HT facts, technical details and general information about Huobi Token crypto currency
Huobi Token is an internal cryptocurrency of the Huobi exchange, focused on the stable exchange development and support of the customers and investors. This virtual currency exchange is considered one of the largest both in China and in the world. Creating its own digital money based on ether tokens allows the Huobi exchange to optimize the services offered and make them more reliable for usage.
Huobi Token (HT) is an exchange based token and native currency of the Huobi crypto exchange. The HT can be used to purchase monthly VIP status plans for transaction fee discounts, vote on exchange decisions, gain early access to special Huobi events, receive crypto rewards from seasonal buybacks and trade with other cryptocurrencies listed on the Huobi exchange.
Huobi Token is designed to reduce the fees paid by its holders for trading on the platform, and is used in the point system when adding new tokens to the exchange. This token is distributed among Huobi paid VIP users. The Huobi platform provides five VIP levels for its users. The presence of the token at the exchange will not only significantly increase the platform capitalization, but also have sufficiently flexible marketing to attract new customers.
One of the benefits of holding the Huobi Token is the ability to participate in the Huobi Autonomous Digital Asset Exchange (HADAX). This is a hybrid exchange that allows its users to vote on which coins they’d like to see listed.
That voting is done with the Huobi Tokens. Huobi than conducts a minimal audit, and investment firms such as ZhenFund and Draper conduct due diligence to ensure the projects meet minimal quality standards and are compliant with any existing regulations.
Users benefit from being able to get their favorite projects listed on an exchange platform, but they benefit further by receiving free coins if the project gets listed. This provides an incentive to voting.
One scenario might see a project offering 5 free tokens airdropped for every vote they receive, and as long as the project gets listed the voters receive the airdropped tokens. If the project isn’t able to get enough votes to be listed the tokens may be returned. So, it’s a win-win for users no matter what outcome.
We list daily Huobi Token historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Jul 31||4.40||4.36||4.41||951 988 356|
|Aug 01||4.38||4.38||4.74||1 016 979 444|
|Aug 02||4.75||4.43||4.80||971 651 837|
|Aug 03||4.48||4.48||4.82||1 030 160 646|
|Aug 04||4.77||4.73||4.96||1 060 139 817|
|Aug 05||4.85||4.84||4.95||1 058 982 407|
|Aug 06||4.93||4.83||4.93||1 048 510 606|
|Aug 07||4.86||4.69||4.86||1 021 309 664|
|Aug 08||4.71||4.70||4.76||1 020 812 300|
|Aug 09||4.72||4.71||4.78||1 017 000 833|
|HT price change 24 hours||-0.31%|
|HT price change 7 days||4.67%|
Huobi Token had a good run this year - 155% boost since January. This performance gladdens me because I am a trader who is loyal to that crypto exchange. HT wasn't doing that great lately, as it can't seem to get out of the correction, but I am sure...
Wanderluster January 2, 2020 HT
I know it was the right time to buy Huobi token after other exchanges started jumping on the band wagon for IEOs. IEOs are such a a fad right now, and even though all these coins are going to lose half their value, it's still super profitable to...
Matthew March 31, 2019 HT
Huobi is going to explode from here because of the new fad of IEOs. Initial exchange offerings are the new ICO and soon STO. This is a new and profitable market to jump into while its still hot. Huobi is the second biggest exchange by volume...
Pierre March 16, 2019 HT
Huobi Token is a winner. This is like buying Binance when it was .20 cents. So much is on the horizon for their exchange, and the token value is only waiting to skyrocket. It makes sense to invest in tokens that have actual utility within an...
Franz March 1, 2019 HT
I believe that stock tokens have good potential. As before, everything was carried in the blockchains, I have the persistence that exchange tokens are a new trend. On some exchanges, even now they are carrying out something like ICO through...
serjy January 7, 2019 HT
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