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What is Huobi Token?

What is Huobi Token?

Huobi Token

HT

What is Huobi Token (HT)?

Huobi Token (HT) is the native token of the Singapore-based cryptocurrency exchange Huobi. Huobi originally started out in China but eventually expanded outside the country to Singapore, South Korea, and Japan after China’s 2017 cryptocurrency trading ban. Currently, it is one of the most popular cryptocurrency exchanges in the world. 

In 2018, the Huobi Group decided to build its own blockchain--appropriately named Huobi Chain. The chain distributed its own exchange ledger while also supporting over-the-counter (OTC) trading and derivatives/futures trading. Tying all these services together is the Huobi Token. 

In conjunction with the new blockchain, Huobi Group wanted to make a cryptocurrency to reward its users with lower fees. Hence, the HT token was born. Similar to Binance’s BNB coin, HT offers holders unique VIP rewards and lower trading fees on the platform. In addition, it can also be traded with any cryptocurrency on the exchange and also comes with governance rights for voting. 

What is the Huobi Token price?

YouHodler aggregates prices from top centralized exchanges to provide an accurate Huobi Token price and charts. 

Where to buy Huobi Token?

The easiest way to buy Huobi Token is to purchase it through a crypto app like YouHodler. Our universal cryptocurrency exchange service lets you convert any crypto, fiat, or stablecoin with competitive fees.

How to earn interest on Huobi Token?

The best way to earn interest on Huobi Token is by depositing it in a YouHodler savings account. Interest payments occur weekly and YouHodler features compounding interest. 

How to take a loan with Huobi Token?

You can get a loan with Huobi Token in stablecoins by depositing your Huobi Token as collateral. YouHodler offers the best rates you can get anywhere. Don’t sell your crypto. Use it as collateral and keep its value for later. 

How to trade Huobi Token?

Leverage market volatility to stack your crypto portfolio and trade Huobi Token with Multi HODL. Multi HODL is a user-friendly tool to take advantage of market swings in either direction. Become an “active HODLer” today.

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