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Huobi Token (HT)
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Huobi Token To USD
What is Huobi Token?
The Huobi Token was developed by Huobi Global to be used on the Huobi cryptocurrency exchange. Launched in 2013, the Singapore-based crypto exchange currently supports over 280 cryptocurrency markets, and over $350 billion worth of crypto tokens trade daily. This large volume makes it the third-largest cryptocurrency exchange in the world. The Huobi token is an ERC-20 token, meaning it is based on the Ethereum blockchain, and only 500 million tokens will ever be in circulation.
The Huobi Token is a proprietary cryptocurrency that was designed to reward users on the Huobi exchange with lowered fees when transacting on the platform. It was released in 2018 and was distributed to pay exchange VIP members as a response to China's crypto ban and the reduction in trading activity. It is tradeable with any of the more than 280 cryptocurrencies currently on the exchange and entitles holders with voting rights as well.
There are five levels of Huobi VIP, with tiered discounts ranging from ten to fifty percent trading discounts offered based on how many tokens the user stakes. Staking tokens is also how users vote on which new assets are listed on the Huobi exchange. The Huobi foundation has also committed to using 20% of the revenue from Huobi Global to repurchase and burn Huobi tokens.
Huobi Token Market Price Ticker Chart
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Huobi Token Frequenty Asked Questions
Where does Huobi Token (HT) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Huobi Token currently ranks in position 30 out of the top 1000 cryptocurrencies. Another important factor in popularity is Huobi Token‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Huobi Token has a market cap of $ 2,537,618,131, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 830,530,031,224, Litecoin at $ 10,853,933,229, Ethereum at $ 160,939,373,553, Tether at $ 35,198,057,071, and XRP at $ 18,909,007,446.
What is the price of Huobi Token (HT) today (updated in realtime)?
The current price of Huobi Token is $ 13.57 in USD. (The price in Euros is 11,24 €; and the price in Bitcoin is Ƀ 0.00030500 BTC.)
How has Huobi Token (HT) performed recently?
Huobi Token‘s price has decreased in the last 24 hours by -18.23%. The change in price over the last seven days was -35.54%. The trading volume over the last 24 hours was $ 6,334,755,401. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Huobi Token‘s (HT) market supply?
The total circulating (available) supply of Huobi Token is 186,866,518 HT. The total supply of Huobi Token is 500,000,000 HT.
What is the 24 hour volume for Huobi Token (HT)?
The 24 hour volume of Huobi Token is $ 6,334,755,401.
What is Huobi Token (HT) official website?
Huobi Token‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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