1 Level
6 Review
2 Karma
Review on Huobi Token by Steven Angel
Basically, the community that wants their tokens listed on Huobi, will have to…
Basically, the community that wants their tokens listed on Huobi, will have to hodl a lot of HTs in other to get their tokens listed. This is going to bring enormous value to the token. There is an extreme scarcity of Huobi tokens right now. Getting these coins is very difficult. And in my experience, the more difficult it is to get, the more likely it is to be overvalued
Pros
- Liquidity Protection: Each season, Huobi Pro will buy HTs on the open market to ensure sufficient liquidity and protect user interests with 20% of Huobi Pro’s transaction fees earned during that season. HTs bought by Huobi Pro will be held in the Huobi User Protection Fund, and will be used to protect users’ interests and compensate for their losses in cases of emergency
Cons
- Let Your Voice Be Heard: From time to time, HT holders have the exclusive opportunity to provide suggestions to Huobi Pro through surveys. For example, HT holders’ level of support will inform Huobi Pro’s token listing decisions as Huobi Pro applies its rigorous evaluation framework
