Huobi TokenHT

HT is the proprietary cryptocurrency of Huobi and was created in January 2018 to reward Huobi exchange users with lowered fees for using HT. The token was distributed to paid Huobi VIP members in response to China’s crypto ban. HT is tradeable with any cryptocurrency on the Huobi exchange and holding HT also gives users voting rights

Price History
$0.00
Vol0.00HT
1D
1W
1M
1Y
MAX
Market Info
Market Cap
$907,488,044
Diluted Market Cap
$907,488,044
Vol 24h
$146,717
Vol / Market Cap
0.0002
24h Change
0.29%
1h Change
0.07%
24h High
$4.42
24h Low
$4.40
Latest Block
-
Block Reward
-
Hashes Per Second
-
Circulating Supply
205,314,037
Max Supply
Uncapped
Consensus
-
Algorithm
-
Genesis Block Date
2018-01-22
Data provided by CryptoCompare
About

A brief history
Huobi is a Singapore-based cryptocurrency exchange created in 2013 by former Oracle engineer Leon Li. Originally based in China, the Huobi Foundation expanded to Singapore, South Korea, and Japan following China’s 2017 Bitcoin trade ban and maintains a strong presence in the Asian markets. The Huobi exchange is renowned for the sheer number of cryptocurrency trading pairs available - nearly 400 as of 2022. Huobi also seeks to protect its users through regular buybacks of HT. HT tokens that the exchange buys are sent to an investor protection fund. The purpose of the fund is to compensate for any financial losses that traders and investors experience due to bad actors, system failure, and alike. Additionally, these buybacks which remove HT from circulation also help to increase the scarcity of the token which may positively affect the price.

HT in practice
Huobi Token comes with several benefits that make it quite a useful asset within Huobi Global’s ecosystem. First, holders of HT benefit from reduced transaction fees, and the exchange offers an entire series of discounts for clients that hold VIP status. Second, if you own any amount of HT, you are eligible to vote on various proposals regarding the project’s future development. This ensures true decentralization and democracy within the ecosystem, and the more tokens you have in your possession, the more weight your vote carries. Lastly, holding HT provides great convenience when it comes to converting coins on the Huobi platform which has HT paired against pretty much all other cryptocurrencies listed on its service. This means that it is very easy and convenient to exchange Huobi Token for other cryptocurrencies. Thus, rather than buying stablecoins or Bitcoin to purchase a less popular cryptocurrency, HT grants access to most, if not all of them.

Project Links
ETH Creator Address
0xCB-Ea6e
ETH Contract Address
0x6f-a161
Website
Hbg.com
Please verify all project links, data may change over time. Be vigilant of scams interpreting official projects.
ROI
USD
ETH
BTC
6H
0.00%
0.00%
0.00%
1D
0.09%
2.03%
1.76%
1W
-1.05%
-1.64%
-0.86%
1M
-6.97%
8.31%
-2.94%
6M
-54.35%
19.84%
9.36%
1Y
-44.27%
21.05%
21.22%
3Y
37.85%
-80.95%
-39.82%
USD
HT

Follow Blockchain.com

Stay updated with the latest from Blockchain

Explore Assets
/