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Huobi (HT) has been rebranded to HTX DAO (HTX). They migrated from their old contract to a new contract. For more information, please visit this post for more information and visit the new token page here.
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Huobi Chart
Huobi, the third-largest cryptocurrency exchange in the world, recently announced and launched a new currency. The Huobi Token (HT) rewards exchange users for their loyalty with lowered transaction fees while also carrying its own value in tradable pairs against popular currencies. The hope was to bring greater value to Huobi’s millions of users, mostly located in Asian countries. The launch of the Huobi Token follows in the footsteps of other loyalty-building tokens that other exchanges have launched. The first and most successful of these tokens has been Binance Coin (BNB). The creation of BNB secured Binance’s place as the world’s leading exchange. It offered discounted trading fees in exchange for customer loyalty, primarily functioning as a loyalty rewards system. Huobi officially announced its intentions to launch a new token on January 22, 2018. Over the course of 15 days, Huobi would distribute 300 million HT (60% of the total supply) to its pro users who purchased a discounted service package. Each morning, a new batch of HT would become available on a first come, first served basis. Huobi declared this token distribution scheme, “not an ICO,” due to the nature of the offering. Users are buying a specific service package, part of which includes HT that give a discount toward trading fees. 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. In an interview with CoinDesk, Leon Li, Huobi’s founder, revealed that Chinese rule changes had decimated the trading volume on Huobi by 95% between September 15 and November 1, 2017. The HT token distribution began on January 24 and wrapped up on February 7, 2018. Each day of the distribution, millions of tokens sold out in mere minutes after going on sale. At that point, 300 million HT had been distributed to Huobi Pro members who bought packages. That’s 60% of the total supply currently in public circulation. Another 200 million HT, 40% of the total supply, was set aside. 20% goes toward user rewards and platform operation. The other 20% is vested for four years and constitutes the team reward. Huobi isn’t the first exchange to issue its own token. Binance (BNB), Bibox (BIX), KuCoin (KCS) and Coss (COSS) have all issued their own tokens as well.
The current price of 1 Huobi (HT) in USD is $0.6313.
This price is currently -98.41% than its all-time high (ATH) of $39.660,
and 203.47% than its all-time low (ATL) of $0.2079.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Huobi’s price.
The market capitalization of Huobi (HT) is $100,588,857.00 as of today.
Huobi (HT) is currently ranked #484 in the market, and this market cap is calculated by multiplying the current price of Huobi with the circulating supply.
The circulating supply of Huobi (HT) is 159,406,077, meaning there are 159,406,077 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Huobi (HT) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Huobi (HT)’s official platforms.
The trading volume of Huobi (HT) today is $12,041.99.
This represents the total value of Huobi (HT) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Huobi (HT) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Huobi's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Huobi (HT) to make well-informed trading decisions.
The all-time high (ATH) price of Huobi (HT) is $39.660.
This ATH was reached on 12 May 2021, marking the highest value ever for Huobi (HT) in the market.
Currently, Huobi is lower than its ATH by -98.41%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Huobi, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Huobi (HT) is $0.2079.
This ATL was reached on 23 Jun 2024, marking the lowest value ever for Huobi (HT).
Currently, Huobi is higher than its ATL by 203.47%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Huobi (HT), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Huobi (HT), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Huobi (HT) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Huobi against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Huobi.
4. Place an Order: After funding your account, navigate to the Huobi (HT) trading pair (e.g., Huobi/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Huobi in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Huobi (HT).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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