The cryptocurrency exchange Huobi Globals holds a native token called Huobi Token (HT). This ERC-20 token built on the Ethereum blockchain offers unique benefits connected to the reputation of the exchange. Launched in the year 2018, the project is relatively new. It enables the Huobi users to unlock a series of benefits.
Thinking about investing in the Huobi Token? HT might be worth considering and we will tell you why. Check out all you need to know about the Huobi token, including the functioning of the token, key factors, future price predictions, available networks, the procedure of buying, and the credibility of the token. Let us take a deep dive on Huobi Token:
What is Huobi Token (HT)?
The Huobi Eco chain works just like Binance offering high-speed blockchain for decentralized applications (DeFi). Possessing the HT token can enable the users to have a better Huobi exchange experience.
The total number of HT is 500 million of which 100 million is reserved for platform operations, 100 million is held for the Huobi team as incentives, and 300 million Huobi tokens are designated to users to purchase points cards.
Market cap: $ 86,738,417
24-hour trading volume: $109,398,330
Total Supply: 201,050,000
Max Supply: 201,050,000
Chains: Ethereum Ecosystem, Harmony Ecosystem
Categories: Exchange-based tokens, Centralised Exchange, Alameda Research Portfolio
Key Factors of Huobi Token (HT)
| Smarter Trade | Huobi Token lets you reduce the trading fee on the Huobi exchange. You can upgrade to VIP status for more discounts and offers. |
| Better Future | It is possible for the members to vote on the decisions of the exchange. Your voice never goes unheard. |
| Exclusive | The holders of HT tokens get exclusive access to special events as well as new listings. |
| Flexibility | It is possible to trade your HT for other cryptocurrencies. |
| Security | The Huobi exchange employs a risk control system known as “Don’t be Evil” to ensure the protection of the accounts and assets of users. |
Price Prediction of Huobi Token (HT)
At the time of writing this, HT has had a trading volume of $1,050,566 in the past 24 hours.
This represents an increase of 72% from the previous day. This is a sign of market rise. As per the quantitative technical analysis and market trajectory, we have made a seven-year price prediction until 2030. Check out the future price prediction of HT:
| Year | Minimum Price Prediction | Average Price Prediction | Maximum Price Prediction |
| 2024 | $0.99 | $1.24 | $1.49 |
| 2025 | $2.06 | $2.58 | $3.09 |
| 2026 | $4.28 | $5.35 | $6.42 |
| 2027 | $8.87 | $11.09 | $13.31 |
| 2028 | $18.41 | $23.01 | $27.61 |
| 2029 | $38.18 | $47.73 | $57.28 |
| 2030 | $79.21 | $99.01 | $118.81 |
Where can you buy your Huobi Token (HT)?
You can buy and trade Huobi tokens from centralized and decentralized crypto exchanges. The most active trading exchange to consider is Uniswap V2 (Ethereum).
The trading volume is $8,750.65 in the last 24 hours. Other popular options for HT tokens are LBank, Gate.io, KuCoin, Binance JEX, XT.COM, Wootrade Bit Well, ACE, BitMart, and Tokenoin.
Steps for purchasing your Huobi Token (HT)
Interested in investing in HT? Check out the steps for purchasing the token.
Step 1: Register: Create your account in the Huobi Exchange. You need to provide your email address, user name, and a strong password.
Step 2: Payment: Choose the funding method that is suitable for you. There are multiple options for payments including credit cards, debit cards, Bank deposits, and P2P trading.
Step 3: Buy BT: From the options provided in the platform you can select the ‘buy’ option. 1 HT might appear way too expensive for your budget. It is possible to buy a fraction of the token. You can buy 0.1 HT or 0.01 HT
Step 4: Transfer HT: Now you can transfer your HT to your wallet. You can either hold your BT in your exchange or you can save it in your personal cryptocurrency wallet.
Congratulations! You are now the proud owner of the Huobi token.
Is Huobi Token a credible investment?
You can buy your Huobi token for the VIP handling discount, and verify the merchant deposit and independent promotions in the exchange. The distributed architecture and anti-DDoS protection system of the Huobi exchange makes it a reliable platform for beginners and seasoned investors.
After the launch of the in 2018, 60% of the tokens were allocated among the members and 40% in the reserve. Based on the current performance and the future price prediction of the token, BT seems to be a credible investment option.
Cryptocurrency and related investments are volatile in their nature. It is advisable to conduct a thorough analysis before investing.
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