My thoughts on Huobi Token HT
First of all, what exactly are Huobi Tokens?: HT is a point system based on blockchain distribution and management, running natively on the Ethereum blockchain with ERC 20. HT can be used in various ways, of which, the most basic use of HT is for the discount on trading fees, of up to 50 percent. This is the same with Binance (BNB). But there’s more.
Huobi Token (HT) is not an initial coin offering (ICO). Users can only get HT by purchasing ‘Point Cards’ on Huobi Pro. Point Card is Huobi’s pre-paid card for basic service charge-trading fees. 1 point = 1 USDT. For example, if you purchase the 1,000 Point Card package, is will only cost USDT 990, and you will get 1,000 HT for free.
Now, what is the value of this? Why should you even bother about getting these points and HTs?
Transaction Fee Discount: By purchasing different levels of VIP statuses using HTs, users can save up to 50% in transaction fees.
Liquidity Protection: Each season, Huobi Pro will buy HTs on the open market to ensure sufficient liquidity and protect user interests with 20% of Huobi Pro’s transaction fees earned during that season. HTs bought by Huobi Pro will be held in the Huobi User Protection Fund, and will be used to protect users’ interests and compensate for their losses in cases of emergency.
Exclusive Events for HT Holders: HT holders will enjoy exclusive eents such as receiving tokens newly listed on Huobi Pro from time to time.
4.Huobi is an exchange, so it shouldn’t be difficult to get it listed and start trading. There will also be a lot of volume for these tokens as Huobi is currently the 2th Largest exchange right now by volume. This will also greatly increase the value of these tokens.
My advise, try as much as possible to get yours. It’s totally worth it
This is not an investment advice. It is totally my own thoughts and are based on researches I have made. Please Do your own research and decide whether it’s a good investment for you or not.
