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What is HT?
HT is a cryptocurrency token used on the Huobi exchange platform. It is one of the largest platforms in the world of cryptocurrency trading with over $1.5 billion in daily trading volume. Huobi Token (HT) is the native token of the exchange and offers several benefits to users who hold it.
How does Huobi Token (HT) work?
Huobi Token (HT) uses the Ethereum blockchain’s smart contract technology. The total supply of HT is set at 500 million tokens, and it is evenly distributed among the members of the Huobi Prime program. Huobi Prime is a platform for premium projects that are looking to raise funds for their development.
What are the benefits of holding Huobi Token (HT)?
Holding HT tokens can offer several benefits to users of the Huobi exchange platform. The key benefit is that users holding HT can enjoy trading fee discounts on the exchange. Additionally, HT holders can participate in various token sales on the Huobi Prime platform before they are available to the general public.
Is Husd the same as HT?
HUSD is a stablecoin that aims to maintain a stable value of 1:1 with the US dollar. It is issued by Stable Universal, which is a fintech company that specializes in the issuance of stablecoins. HUSD is not the same as HT as it is not a cryptocurrency token used on the Huobi exchange platform.
Conclusion
Overall, Huobi Token (HT) is an important cryptocurrency token used on the Huobi exchange platform. It offers several benefits to users who hold it, including trading fee discounts and early access to token sales. However, it is important to note that HUSD is not the same as HT and serves a different purpose in the world of cryptocurrency trading.