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Review on Huobi Token by yahya abdalla
dubbed Huobi Token or HT was set to start on the 23rd of January 2018. The…
dubbed Huobi Token or HT was set to start on the 23rd of January 2018. The token would start with a capped supply set at five hundred million. The announcement also indicated that as much as three hundred million of the tokens or about 60% would be issued to new users over the course of 15 days. And the other 40% would be kept in reserve for the operation of the platform as well as various team services and incentives or other undeclared rewards
Pros
- 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 tokens will have a role in deciding the tokens on the floor by voting on HADAX. Note applies only to projects that meet Huobi Pro standards. In addition, the Huobi Token is a good return on investment when the current price is nearly $ 4, four times more than when the sale.
Cons
- Huobi used to be entirely oriented towards China, even accepting Yuan deposits directly and offering trading against the local currency. The legal developments in the country forced them to change their strategy, but they are predominantly targeting Southeast Asia. there are reports of various attacks against the exchange, with one allegedly leading to the loss of BTC 12,000. Obviously, this does not inspire confidence.
