Huobi Token (HT) Tausch

What Is Huobi Token?

A brainchild of the Huobi cryptocurrency exchange, Huobi Token is a decentralized digital coin built on the Ethereum blockchain. HT was launched in January 2018 and distributed as a part of a special Huobi exchange service package, avoiding a standard ICO. In the first 15 days the users obtained over 300 million HT.

The token has several functions but mainly serves as a governance token. HT gives its holders a right to vote on some of Huobi’s management decisions, including new asset listings. The more HT you have, the more your vote weighs.

HT holders can use it to pay for a Huobi exchange VIP subscription, which gives you a transaction fee discount. Huobi Token also gives you access to the platform’s special events and is tradable against various popular currencies.