1 Level
5 Review
-1 Karma
Review on Huobi Token by Jayden Seekamp
in conclusion,The Huobi Token presents an exciting opportunity for large scale…
in conclusion,The Huobi Token presents an exciting opportunity for large scale traders such as whales and high frequency operations to reduce their costs on Huobi. Major Huobi has stated that their VIP packages intentionally target institutional investors. In addition, voting for the new listing function of the coin makes an attractive case for the new token to favor HT purchase. So far, the tokens seem to have seen gradually, through stabilization. If that trend continues, expect the demand for hard drive token supply will increase and get higher prices along with it.
Pros
- Launched a second brand for riskier coins – there is another exchange running on the same technology, called HADAX. The ley difference is the fact, the community votes for the assets to be listed on it. This means they will be the less popular (and riskier) altcoins.
Cons
- USDT supported – while a lot of exchanges do this, we have to mention there are some risks involved with USD Tether. This is a coin created by a US–based company, which claims the asset to be fully backed by real dollars. A lot of industry experts have expressed doubts about this and advise against using the token for a prolonged period of time.
