Review on Huobi Token by Sheila Cova

Name: Huobi Token
Item: Huobi Token
Rating: 4

May 29, 2020

Huobi Token

It is a new coin launched in 2018 by one of the largest cryptocurrency exchanges in the world, Huobi Token (HT) rewards users for their loyalty with reduced transaction fees and they also have their own value in tradable pairs against the popular currencies.
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Pros

They have added additional benefits to the Token Huobi offer above and beyond the BNB's established roadmap to position themselves among the first in the list of most popular cryptocurrencies.
You have a discount on the transaction fee using TH to buy various levels of VIP status within the exchange. The highest of these levels grants a 50% discount on transaction fees.
Liquidity repurchases will use the proceeds from transaction fees to repurchase Huobi tokens.
It is negotiable against popular currencies, supports trading pairs for Tether, Ethereum and Bitcoin from the get-go. When the currency is created by an exchange it is immediately included in the exchanges.

Cons