Huobi Token current price is $10.500.
Huobi Token current price is $10.500 with a marketcap of $1.68 B. Its price is -1.88% down in last 24 hours.
- Huobi Token (HT)
- Live Price $10.500
- Market Cap $1.68 B
- Volume $94.70 M
- Available Supply 159.31 M HT
- Rank 97
Please wait, we are loading chart data
More Info About Huobi Token
Huobi, the third-largest cryptocurrency exchange in the world, recently announced and launched a new currency. The Huobi Token (HT) rewards exchange users for their loyalty with lowered transaction fees while also carrying its own value in tradable pairs against popular currencies. The hope was to bring greater value to Huobi’s millions of users, mostly located in Asian countries. The launch of the Huobi Token follows in the footsteps of other loyalty-building tokens that other exchanges have launched. The first and most successful of these tokens has been Binance Coin (BNB). The creation of BNB secured Binance’s place as the world’s leading exchange. It offered discounted trading fees in exchange for customer loyalty, primarily functioning as a loyalty rewards system.Huobi officially announced its intentions to launch a new token on January 22, 2018. Over the course of 15 days, Huobi would distribute 300 million HT (60% of the total supply) to its pro users who purchased a discounted service package. Each morning, a new batch of HT would become available on a first come, first served basis. Huobi declared this token distribution scheme, “not an ICO,” due to the nature of the offering. Users are buying a specific service package, part of which includes HT that give a discount toward trading fees. The exchange launched the Huobi Token as part of an overall strategy to recover its user base after tightening regulations in China severely restricted cryptocurrency trading. In an interview with CoinDesk, Leon Li, Huobi’s founder, revealed that Chinese rule changes had decimated the trading volume on Huobi by 95% between September 15 and November 1, 2017.The HT token distribution began on January 24 and wrapped up on February 7, 2018. Each day of the distribution, millions of tokens sold out in mere minutes after going on sale. At that point, 300 million HT had been distributed to Huobi Pro members who bought packages. That’s 60% of the total supply currently in public circulation. Another 200 million HT, 40% of the total supply, was set aside. 20% goes toward user rewards and platform operation. The other 20% is vested for four years and constitutes the team reward.Huobi isn’t the first exchange to issue its own token. Binance (BNB), Bibox (BIX), KuCoin (KCS) and Coss (COSS) have all issued their own tokens as well.
Historical Data of HT
A Step-by-Step-Guide on how to buy Huobi Token (HT)
Step 1 – Signup to Coinbase and receive 10$ in Bitcoin You will first need to purchase units of the bigger currencies. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for any other Cryptocurrency. Click below for registration and receive BTC (Bitcoin) or ETH (Ethereum).
Step 2 – Transfer Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) will need to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Huobi Token (HT) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Exchange? (Just follow this guide) Make sure you have chosen the exact coin you want to deposit. Bitcoin must be sent to a BTC deposit address, ETH to an Ethereum deposit address, etcetera. If you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our manual).
Step 3 – Locate (HT) Huobi Token As soon as your deposit has been affirmed, you'll now have access to your finances and you can launch invest and trading. To purchase Huobi Token (HT) on Binance, you'll want to go to the “Exchange” tab and then mouse click on “Basic”. To spot Huobi Token (HT), you'll need to put the shortname of the coin (HT) into the search box, which is highlighted in the graphic. Be certain of having selected the proper grouping, we've highlighted this too. Click on “HT/BTC” to go ahead.
Step 4 – Buy (HT) Huobi Token Once you've spotted Huobi Token (HT), you will be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). Next we're making our Limit Order. The “Price” field will be filled automatically with the latest tariff (HT) Huobi Token was sold for. This can be changed to your desired price. The “Amount” field is the volumen of HT you want to buy. The “Total” field is the aggregated price in BTC that you'll settle for the complete volumen of HT. When you are happy, click on “Buy HT“. Your order will be filled as soon as a Vendor trades their HT for the price you gave.
Step 5 – Withdraw Huobi Token (HT) Unless you're regularly trading, never keep your crypto coins on an Crypto Trader for an extensive time period. To withdraw your (HT) Huobi Token, go to the tab called “Funds” and mouse click on “Withdraw”. Huobi Token (HT) can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find (HT) Huobi Token by using the provided drop-down box. Enter the amount of (HT) Huobi Token you would wish to withdraw. Don't forget the presented minimus/fees. Also make sure you have entered your precise withdraw address. When you are glad, click on “Submit”. You could be requested for phone/email verification before a withdrawal.