If you ever regretted for missing the BNB and KUCOIN token, well here is a chance to buy HUOBI (HUOBI Token).
HUOBI exchange is launching this event from Jan 24 (JAN 23rd 9 PM EST) and will run for 15 days.
Here is the timing for various regions,
There are total of 500 million tokens
You can use the tokens for the below activities,
a. You can get max of 50% discount in trading fees
b. HT can be used to trade USDT, BTC, ETHHow the token is being distributed,
There is a token buy back as well, for each quarter, they will use 20% of their token to buy back and lock it in HIPF(Huobi Investor Protection Fund)
The Huobi token is actually said to be free, as you have to buy POINT CARD, which is like a package that will be used to access services in Huobi ( I am trying to get more details about this and will update, if I could find any)
Whats the price of POINT CARD, its 1 POINT CARD = 1 USDT.
How many HT we will get for 1 POINT CARD, well I am trying to get answer for this question and will keep you posted.
Will the price increase in Future:
- Well, Most likely as we have seen the BNH, KUCOIN , COSS price skyrocketed in the past
- There is a buy back from HUOBI, so it will driver the price up.
- HUOBI is 5th top exchange by volume, so more users will want a piece of it for sure.
So, just check this out and do your own analysis before investing in crypto and invest only if you are convinced out of your own research
I will look into this thanks.
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Great, thank you
nice
Great info thank you!