What is Huobi Token?
Huobi Token (HT) is a cryptocurrency token issued by Huobi Global, one of the world’s largest digital asset exchanges.
It was launched in January 2018 and is based on the Ethereum blockchain. The token was created to incentivize users to trade on the Huobi exchange and to provide them with access to exclusive features. The main purpose of HT is to reward users for their loyalty and trading activities on the Huobi platform.
It also serves as a medium of exchange between users, allowing them to pay for services and products offered by Huobi Global. Additionally, HT can be used as collateral for margin trading and other services offered by the exchange. Huobi Token holders are eligible for discounts on trading fees, access to exclusive events, and other benefits such as early access to new coins listed on the platform.
They can also use HT to vote in polls related to listing decisions or other matters concerning the exchange.