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6 Review
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Review on Huobi Global by Lydia Watkins
Influencers of the blockchain community have posted the poster “Huobi Global…
Influencers of the blockchain community have posted the poster “Huobi Global Elites Alliance: We’re Recruiting” on their social media account recently. This poster is to advocate the new recruitment program of Huobi Global Elites and the establishment of Global Blockchain Resource Alliance of Huobi Global Elites.
Pros
- Similar to Binance Coin and KuCoin Shares, Huobi Token holders are granted special permissions and discounts on the Huobi exchange. Huobi Token is also the centerpiece of the Huobi Global Ecosystem, which includes partnering exchanges, mining pools, cryptocurrency wallets providers, market data vendors and research teams, among many other facets. A total of 500 million Huobi Tokens were generated upon its creation, with 60% of the tokens given away to exchange users for the purchase of “Point Cards.” 20% of tokens are reserved for user rewards and platform operation, while the remaining 20% are reserved for team incentives subject to a 4-year vesting schedule.
Cons
- According to a statement shared with Cointelegraph, more than ten multinational companies have already become partners with Huobi Cloud. The new product is aimed at establishing over-the-counter (OTC) and digital asset exchanges. Partners will also be able to use the order integration and wallet systems, as well as the asset management and clearing system of the Huobi Global platform.
