1 Level
6 Review
0 Karma
Review on Huobi Token by Şahin NOYAN
All the HT that were bought back will be allocated to Huobi Investor…
All the HT that were bought back will be allocated to Huobi Investor Protection Fund (HIPF) in a certain proportion. Keep in mind, a certain level of counterparty risk will always be present in the cryptoverse.
Pros
- The Huobi coin is the ERC20 token for the Huobi Pro cryptocurrency exchange, one of the largest bitcoin exchanges in China. This means they will be the less popular (and riskier) altcoins. However, it is difficult to say exactly the benefits VIP subscribers have received so far because those events and early access are private. Note applies only to projects that meet Huobi Pro standards.
Cons
- The legal developments in the country forced them to change their strategy, but they are predominantly targeting Southeast Asia. And because of people’s worry of the nature of potential price volatility, the Huobi group will by back any HT tokens based on the market price indicated during every quarter.
