Huobi Token

About Huobi

Huobi is a centralized cryptocurrency exchange founded in China in 2013, offering a range of crypto-to-crypto and fiat-to-crypto trading pairs, as well as various other blockchain-related services such as wallet storage, OTC trading, and margin trading. The exchange has expanded globally and has offices in Singapore, Japan, South Korea, the United States, and several other countries. Huobi is known for its high trading volume, user-friendly interface, and commitment to security.

About $HT token

Huobi Token (HT) is the native cryptocurrency of the Huobi exchange, used for payment of trading fees, staking, and gaining access to exclusive benefits on the platform.

How to buy $HT with a payment card

1. Enter the amount of $HT and fiat currency that you wish to purchase.

2. Verify your phone and email.

3. Enter or create $HT wallet

You are given the option to enter your $HT wallet address or create one using the Swipelux widget.

4. Pass KYC flow

This verification process helps protect you from fraud and other malicious activities.

5. You're now ready to buy $HT with a credit and debit card.

$HT analytics

1. Market Position and Adoption: Huobi Token (HT) is the native token of the Huobi exchange, a leading global digital asset exchange with a strong presence in Asia. HT has a market capitalization of $805,231,497 and a current price of $4.96, with a 24-hour trading volume of $16,867,298. The token is ranked #62 by market cap and is currently on 116,014 watchlists. As a utility token, HT has been integrated into many aspects of the Huobi ecosystem, including as a trading fee discount and for staking rewards.

2. Technology and Platform: HT is an ERC-20 token built on the Ethereum blockchain, which means it can be stored in any wallet that supports Ethereum. The Huobi exchange uses a proprietary matching engine capable of processing over 5 million orders per second, providing traders with fast and efficient trading experiences. In addition, Huobi supports a wide range of digital assets, including cryptocurrencies, stablecoins, and tokens.

3. Team: The Huobi team includes experienced professionals from both the financial and technology sectors. The founder and CEO of Huobi is Leon Li, who has over 15 years of experience in the finance and investment industry. The company has also established partnerships with other leading firms in the industry, such as blockchain security firm SlowMist and venture capital firm Sequoia Capital.

4. Competition: As a leading global digital asset exchange, Huobi competes with other top exchanges such as Binance, Coinbase, and Kraken. However, Huobi stands out by offering a wider range of digital assets, including many smaller market cap tokens, and by having a strong presence in Asia.

5. Supply: HT has a maximum supply of 500,000,000 tokens, with a circulating supply of 162,233,844 tokens. The token's total supply is 203,980,445.

$HT risks

1. Regulatory Risk: The regulatory landscape for cryptocurrencies is constantly evolving, and there is a risk that regulators could take action against Huobi or HT token, which could negatively impact the token's value.

2. Market Risk: The value of HT token is subject to market fluctuations, and there is a risk that market volatility could cause the token's value to decline.

3. Security Risk: Cryptocurrency exchanges are often targeted by hackers, and there is a risk that Huobi's platform could be compromised, resulting in the loss of HT tokens and damage to the token's reputation.

4. Competition Risk: Huobi faces stiff competition from other cryptocurrency exchanges, and there is a risk that the company could lose market share to its competitors, which could negatively impact the value of HT token.

5. Adoption Risk: Although Huobi is a well-established cryptocurrency exchange, there is a risk that the adoption of HT token could be slower than anticipated, which could limit its growth potential and negatively impact its value.

Potential market development triggers

1. Expansion to new markets: Huobi's expansion to new markets or regions can potentially drive demand for HT token as more users join the platform and engage in trading activities.

2. Introduction of new products: If Huobi introduces new trading products, such as futures or options, it can attract more traders to the platform and increase demand for HT token.

3. Increased adoption of DeFi: As the DeFi space continues to grow, Huobi's support for DeFi projects and tokens can drive demand for HT token, as users need it to access certain DeFi services.

4. Partnership with other blockchain projects: Partnership with other blockchain projects can increase exposure and demand for HT token as more users get familiar with Huobi's platform.

5. Improvement of platform features: If Huobi continues to improve its platform features, it can potentially attract more users and increase demand for HT token. For example, implementing faster transaction times, better security measures, or user-friendly interfaces can make the platform more attractive to new users.