Review on Huobi Token by Tuan Nguyen Van

Name: Huobi Token
Item: Huobi Token
Rating: 5

August 28, 2018

I recommend taking a serious look at Huobi Token, as there are many use cases…

I recommend taking a serious look at Huobi Token, as there are many use cases which can increase the demand for the token while also reducing its supply. When compared to the competition, Huobi Token seems undervalued; not only is its volume to market cap ratio the smallest among the exchanges mentioned above – despite Huobi being among the top five cryptocurrency exchanges by volume – but also when compared against Binance, the difference is quite large.
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Pros

Huobi, one of the leading cryptocurrency exchange by volume, has created its own native token, Huobi Token (HT), in the same fashion as other cryptocurrency exchanges, such as Binance and Kucoin. The value of the token is highly tied to the performance of the Huobi.Pro exchange and its affiliates, but more extensively to the coin’s supply and demand drivers within the Huobi ecosystem

Cons