Review on Huobi Token by Jo Andy

Name: Huobi Token
Item: Huobi Token
Rating: 5

August 28, 2018

Huobi Points will be very attractive to whales who trade huge volumes of…

Huobi Points will be very attractive to whales who trade huge volumes of cryptocurrencies. Giving them discounts for trades they make on the platform. This will greatly reduce the amount in circulation from time to time.
Huobi will also buy back HTs with 20% of it’s profit from trades every quarter. Which will also go a long way to reduce the circulating supply. 
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Pros

Huobi will also buy back HTs with 20% of it’s profit from trades every quarter. Which will also go a long way to reduce the circulating supply. This is very important

Cons

Cons: Huobi used to be entirely oriented towards China, even accepting Yuan deposits directly and offering trading against the local currency. The legal developments in the country forced them to change their strategy, but they are predominantly targeting Southeast Asia. there are reports of various attacks against the exchange, with one allegedly leading to the loss of BTC 12,000. Obviously, this does not inspire confidence