Huobi

HT Price

What is Huobi about?

Huobi, the third-largest cryptocurrency exchange in the world, launched a new currency called the Huobi Token (HT). The HT rewards exchange users for their loyalty with lowered transaction fees and has its own value in tradable pairs against popular currencies. The goal was to bring greater value to Huobi’s millions of users, mostly located in Asian countries.

What makes Huobi unique?

The launch of the Huobi Token follows other loyalty-building tokens launched by exchanges, such as Binance Coin (BNB). BNB secured Binance’s place as the world’s leading exchange by offering discounted trading fees in exchange for customer loyalty, primarily functioning as a loyalty rewards system.

What's the history of Huobi?

Huobi announced its intentions to launch a new token on January 22, 2018. Over 15 days, Huobi distributed 300 million HT (60% of the total supply) to pro users who purchased a discounted service package. 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. According to Leon Li, Huobi’s founder, Chinese rule changes had decimated the trading volume on Huobi by 95% between September 15 and November 1, 2017.

What's next for Huobi?

The HT token distribution began on January 24 and wrapped up on February 7, 2018. Each day, millions of tokens sold out in mere minutes. At that point, 300 million HT had been distributed to Huobi Pro members who bought packages, accounting for 60% of the total supply. Another 200 million HT (40% of the total supply) was set aside, with 20% for user rewards and platform operation, and the other 20% vested for four years as the team reward.

What can Huobi be used for?

Huobi isn’t the first exchange to issue its own token, as Binance (BNB), Bibox (BIX), KuCoin (KCS), and Coss (COSS) have also issued their own tokens.

Where can you buy Huobi?

HT tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Huobi is Uniswap V2 (Ethereum), where the most active trading pair HT/WETH has a trading volume of $397.10 in the last 24 hours.

What is the daily trading volume of Huobi (HT)?

The trading volume of Huobi (HT) is $2,067.25 in the last 24 hours, representing a 254.30% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Huobi (HT)?

Huobi (HT) reached an all-time high of $39.66 and an all-time low of $0.07600. It’s now trading -99.60% below that peak and 100.50% above its lowest price.

What is the market cap of Huobi (HT)?

Market capitalization of Huobi (HT) is $16,674,212 and is ranked #979 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HT tokens (110 Million tokens are tradable on the market today).

What is the fully diluted valuation of Huobi (HT)?

The fully diluted valuation (FDV) of Huobi (HT) is $16,674,212. This is a statistical representation of the maximum market cap, assuming the maximum number of 500 Million HT tokens are in circulation today. Depending on how the emission schedule of HT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Huobi compare against its peers?

With a price decline of -0.70% in the last 7 days, Huobi (HT) is outperforming the global cryptocurrency market which is down -1.90%, while underperforming when compared to similar Exchange-based Tokens cryptocurrencies which are up 0.80%.

How to add Huobi (HT) to MetaMask?

Adding Huobi (HT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HT as a token. You can copy HT’s contract address (0x6f259637dcd74c767781e37bc6133cd6a68aa161) and import it manually, or if you've installed MetaMask's chrome extension, add HT to MetaMask with one click on CoinGecko.

Add HT to MetaMask.