Huobi Token (HT)

Last updated 19/10/2022

Official Website: https://www.huobi.com/en-us/

What is Huobi Token (HT)?

The native token of the cryptocurrency exchange Huobi Global is called Huobi Token (HT). It is an ERC-20 compatible decentralized digital asset built on the Ethereum network. Although other factors also have an effect, Huobi's reputation as a cryptocurrency exchange has a role in HT's value.

It became a well-liked choice for people looking to access the emerging cryptocurrency market because it enables users to invest in projects through trading and ICOs (ICOs).

With additional options to lower trading fees, gain access to new cryptocurrencies, and cast votes for platform decisions, the Huobi Token aims to improve the Huobi Exchange user experience.

Part of the reason for its creation was to compete with Binance and its native BNB cryptocurrency. A standard or universal means of payment across the ecosystem will be offered by the Huobi Token. Additionally, it will be heavily utilized in corporate payments and OTC trading.

Due to the token's widespread use, holders of HT tokens can benefit from several things, including:

Decreased Transaction Costs - customers with VIP membership are eligible for a number of discounts from the Huobi exchange. Investors and traders can save a sizable sum of money on commissions by choosing this option
Advertising for New Tokens - each time a new cryptocurrency asset is listed, HT holders receive coins, and they may also get a wallet bonus
Program for Investor Protection - to make up for any financial losses, the exchange transfers the tokens it has purchased to an investor protection fund
Involvement in Decision-Making - owners of HT tokens have the ability to vote, which has an impact on how the Huobi exchange, and its ecosystem as a whole develop

In total, there are 500 million HT, of which 100 million are set aside for platform maintenance and user incentives. 100 million tokens are kept as rewards for the Huobi team.

Team

Leon Li, a former computer engineer at Oracle, co-founded Huobi. Jun Du, the CEO of Node Capital and BiKi.com, and Herbert Rafael Sim, the creator of Crypto Chain University and a media mogul with a background at Forbes, Huffington Post, and other publications, are the exchange's additional co-founders.

Roadmap

Huobi will profit and expand alongside the cryptocurrency trading market as more people become involved. Additionally, it offers a strong loyalty and rewards program that will give it a competitive edge in the very competitive crypto exchange market.

Where to Store Huobi Token (HT)

IToken is a global crypto wallet with features including yield earning, browser for DApp, NFT collection, real time market data and more.

Other software wallets include:

If you are looking for an offline option to store Huobi Tokens safely, we recommend the two leading hardware providers Ledger and Trezor.

Where to Buy and Sell Huobi Token (HT)

You can Buy & Sell Huobi Token (HT) here at BC Bitcoin.

You can Buy HT tokens by heading over to the Buy Coins page of our website. Huobi Token (HT) is available on BC Bitcoin trading against major fiat currencies: GBP and EUR. Buying Huobi Token (HT) has never been easier, simply place your order and provide your wallet address. Once your payment arrives, $HT will be sent directly to your wallet.

If you choose to Sell Huobi Token (HT), you can send us the coins and receive a payment to your bank account. Details and a live valuation can be found on the Sell Coins page.

Huobi Token (HT) Resources

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

Block Explorer: https://etherscan.io/token/

Twitter: https://twitter.com/HuobiGlobal

Disclaimer: The information provided in this article is intended for informational purposes only. It is the readers responsibility to complete their own research and due diligence.