Home » Crypto » What is Houbi Token (HT) and how does it work?

What is Houbi Token (HT) and how does it work?

by Financial Economy

Houbi Token (HT) is the crypto currency issued by the crypto currency exchange Huobi Global. Ethereum (ETH) is decentralized in the ERC-20 standard. Huobi Token allows them to take advantage of exchange fees and the ecosystem in Huobi. Detailed information about what Houbi Token (HT) is and how does it work can be found below. You can browse here for information about Klaytn Coin (KLAY).

What is Houbi Token (HT) and how does it work?

Huobi Global is a crypto currency exchange that has been operating since 2013, and the Huobi Token is the currency created by this crypto currency exchange. 60% of the token, which had a total supply of 500 million, was distributed to card purchasers. 20% of it was distributed to the team over a 4-year period, while the rest were distributed to operate the platform and reward the users.

Huobi designed HT according to the ecosystem in the blockchain network. The most important feature of HT is that it can be used both by Huobi and within the Huobi ecosystem. Another feature of Huobi Token is that it is a carrier. Thanks to this feature, HT has become an important center for all applications deployed on the Huobi Group ecosystem and businesses.

In addition, many businesses can transfer safely thanks to Huobi infrastructure. In addition, Huobi token holders can access the Huobi ecosystem and all of the rewards provided under the ecosystem. In particular, it allows Huobi to increase its value exponentially as a result of regular token purchase and subsequent burning.

Huobi Token advantages!

  • Ownership of invitations and discounts given by Huobi Global
  • Rewarding through distribution of sub tokens
  • Legal support in OTC transactions
  • Discount on commission fees
  • Ability to trade in the ecological trading zone.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

Related Posts

Leave a Comment