Rank #409
HT HTX Token
HT Price
$0.68106
+5.15% Market Cap
$110.49M
24H Volume
$31.23K
Circ Supply
162.23M
HT Explorer & Contracts
HTX Token Info
HTX Token(formerly HT or Huobi Token) is a decentralized digital asset based on Ethereum, with a limited total supply of 500 M, issued by Huobi Group. On September 13, 2023, Huobi introduced a revised branding strategy, and “Huobi” was replaced by “HTX,” its new global brand.
The Huobi Token has two main functions. First, the Huobi exchange uses HT for its loyalty program that rewards members with a range of discounts. The company has also decided to use HT tokens to confer voting rights on users of the Huobi Autonomous Digital Asset Exchange (HADAX).
To fulfill these functions, Huobi has attempted to keep HT’s value reasonably stable. To curb inflation, the company allocates 20% of profits for a token buyback program.
HTX Token Features
- Token – Huobi Group developed HT based on the token system issued and managed through blockchain and it can be used inside Huobi as well as the multiple scenarios of the Huobi ecosystem.
- Carrier – HT is used in all types of applications in the global business and ecosystem of Huobi Group and has become an important hub of the ecosystem.
- Benefit – HT holders shall enjoy the corresponding benefits of the whole ecosystem of Huobi and get ecological sub-token rewards, as well as the valuable promotion brought by sustained repurchase and destruction.
Benefits
- Invitation and rebates
- Rewards of sub-tokens.
- OTC legal service
- Fee discount
- Ecological Trading Zone
Repurchase and destruction
- 20% of revenue from Huobi Contract will be used for the regular repurchase and destruction of HT.
- 20% of revenue from Huobi Global will be used for the regular repurchase and destruction of HT.
Ecological scenarios – deposits
- Huobi Cloud
- Listing project teams
- Global Elites
- Huobi Next Voting
- Endorsers
- OTC ad deposit
Corporate payment
- Community service providers
- Multiple incubators
- Mining machines of head brands
- Top 10 mining pools
- 30+ crypto media
- Head-hunting companies
HTX Token Organization & Team
HTX
Huobi, a virtual asset exchange, launched a revised branding strategy on September 13, 2023, where “Huobi” will be rebranded as “HTX.” “H” stands for Huobi, “T” represents TRON with a commitment to being all in TRON, and “X” stands for the exchange.
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