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15 Karma

Review on Huobi Global by Thi Le

Revainrating 5 out of 5

Tok Huobi HT is a token ERC20, which will be used in the Huobi trading platform…

Tok Huobi HT is a token ERC20, which will be used in the Huobi trading platform, supporting a variety of purposes, including:
Reduced transaction fees: depending on the VIP difference, the discount rate will vary.
Liquidity Warranty: Each season, Huobi Pro will buy a portion of the HT token in the market. All repositories will be stored in the Huobi User Protection Fund.
Monopoly Events: HT owners will receive new coin releases on Huobi from time to time.
Pairing with USDT, BTC, ETH
Owners who hold multiple HT tokens will have a role in deciding the tokens to the floor. Note applies only to projects that meet Huobi Pro standards.




Pros
  • Altcoin / USDT trading pairs: Huobi supports a lot of altcoin and USDT pairs. This helps traders reduce their dependence on Bitcoins. HT was released by Huobi Exchange, No Pre-mining. Free Give-away. Not For Sale. HT is a token that runs on the ERC20 platform, which will be used in the Huobi Exchange, support for many different purposes. Total supply: 500 million HT,Users can now get free tokens from projects by voting for their preferred project on HADAX. The top 3 winning projects gets listed and if you voted for them, you get a reward from the projects. Pick the winner and be rewarded with their coins. This is also the reason why HT has been booming the past days
Cons
  • High withdrawal fees on some coins – charging traders “at the exit” is a common practice, but we have seen much lower fees on other exchanges. The ones which caught our attention were the 0.001 BTC and 20 USDT, for two of the most popular asset classes.