Review on Huobi Pool Eco Exchange by jesus ruiz
Huobi Pool Eco Exchange, an exchange platform in constant growth
Here is a short review about Huobi Pool Eco Exchange.
The Huobi Global exchange platform was created in 2013 in China by Leon Li, a systems engineer and former Oracle programmer. But, in 2017 the Chinese government banned the cryptocurrency market in its territory, which forced the company to migrate to Singapore, from where it began its expansion to Japan, South Korea and the United States.
After these events, Huobi Pool Eco Exchange was born as a division of Huobi Global, to deal with public blockchain projects in different stages of development.
Huobi Pool Eco Exchange has become one of the world's best-known digital asset trading platforms, its main goal is to provide its users with digital asset services based on a variety of consensus mechanisms to promote the green development of the public chain in a comprehensive manner.
Huobi Pool Eco Exchange is currently one of the most important exchanges in the cryptocurrency market.
The Huobi Pool Eco Exchange has its own resident coin called Huobi Token (HT). This is a utility coin that currently has a worldwide presence.
The HT is an ERC20 coin that operates on the Ethereum Blockchain and is backed by USDT.
The Huobi Token was not a currency created by mining it. Instead, the currencies were disseminated to VIP users of the Huobi Exchange (500 Million Coins), who could make their internal payments through a scheme called "initial exchange offer" (IEO).
On HT exchanges, maker fees are paid when liquidity is added to the order book, and taker fees are paid when it removes liquidity from the order book, by placing any order that is executed against an order from the order book.
Huobi Token's price as of today is $18.23 USD with a 24-hour trading volume of $822,196,048 USD. Huobi Token is down 7.27% in the last 24 hours, and has a market cap of $3,333,121,754 USD.
The top exchanges to trade on Huobi Token are currently Huobi Global, FTX, BitZ, HBTC, and Dsdaq.
Pros
- Houbi Exchange's platform has had a positive performance since its inception.
- It applies a discount, up to 50%, on transactions within its platform for its Partners and affiliates.
- The HT token has experienced The HT token has experienced steady growth since its inception. growth since its inception.
Cons
- none at this time
