Spotlight on Huobi : All you need to know about Huobi Tokens (HT)steemCreated with Sketch.

in Best of India4 years ago
Huobi token (HT) is a digital token issued by huobi global ecosystem. It is a decentralised token based on Etherum. It is not only huobi exchange where HT can be used but it can be used for multiple purposes within ecosystem. Like BTC, it is limited in supply . A total of 500M HT {100 + 100+300) have been issued by huobi group.

Distribution of HT ?

Of the 500M HT issued, it has been intended to be utilized in three parts.

100M HT

It is intended to be used for distribution among users and other activities for platform operation.

100M HT

Used as team incentives and subjected to 4 years vesting schedule.

300 M HT

Given as free tokens for purchase of point cards . Thia give away has aleady been completed.

Benefits of Huobi Token (HT)

  • To promote HT, huobi global exchange is giving discount on transaction fee paid via HT .

  • Purchase of monthly VIP sytem which can be used to avail rebate on fee depending on the VIP tier purchased.
    huobiTokenDiscounts.jpg
    There are 5 VIP tiers which enable users to avail proportionate
    fee reduction with 10 % for level 1 and 50% discount for level 5.

  • HT owners are empowered by huobi global ecosystem , thereby allowing them to take part in decision making . HT owners are given voting rights by ecosystem. By making use of this right, they can influence decision of the ecosytem.

  • HT token owners are given special and early access to special events organsed by huobi global.

  • Trade with other cryptos on platform. About 835 crypto trading pairs are available .

  • Recieve crypto rewards from seasonal buy backs offers hosted by
    huobi exchange platform.

  • Locking of HT and therby making it available for mining to earn rewards.

Status of HT

IMG_20201216_154928.jpg

Huobi Token price today is $3.90 USD with a 24-hour trading volume of $70,494,049 USD and Market cap of $774,634,909 USD. It has a circulating supply of 198,497,676 HT coins . Huobi Token are currently Huobi Global, HBTC, Dsdaq, Hydax Exchange, and Xtheta Global.

Sources

https://coinmarketcap.com/currencies/huobi-token/tools/

https://www.huobi.com/en-us/ht/


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The native token of an exchange platform is the new game of the ecosystem and it has fairly played to the decentralized ecosystem. An exchange platform, if becomes popular, then has huge potential for the native coin to appreciate. BNB and HT are the best examples to consider. HT has also appreciated significantly. Now it is firm around 4 USD or so.

Huobi has a very strong presence in the Asian market and has a good volume too. Holding HT token definitely earns you additional privileges and discounts which the professional and frequent traders seek to.

Thank you.

#onepercent #india #affable

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