On January 23, Huobi Pro, the international division of the once popular Chinese exchange, will launch its own cryptocurrency.
【Huobi Announced How To Get Huobi Token】
Huobi Token are 100% distributed by free give-away.
Users can get free HT from Point Package purchase.
The Package can be bought with USDT, BTC, BCH, ETH, LTC and ETC. The Package is used to deduct trading fee.
1 point = 1 USDT fee. https://t.co/rHIBgL3HLK
— Huobi Pro (@Huobi_Pro) 22 января 2018 г.
The digital currency of the Singapore-based crypto-exchange will be called Huobi Token (HT). The coin issue will be strictly limited to 500 million ERC20 standard tokens. 300 million tokens (60% of the total number) will be distributed within 15 days within the framework of the special exchange loyalty system.
To obtain HT tokens, users will need to purchase the so-called Huobi Pro Exchange Point Package for USDT, BTC, BCH, ETH, LTC or ETC.
HT tokens can be used for various purposes. In particular, with their help, it is possible to reduce the amount of commissions by 50%. Huobi Tokens will also be available in trading pairs with Bitcoin, Ethereum and Tokenized US Dollar (USDT).
Each quarter, the Huobi Pro exchange will spend 20% of its profit on the buyback of HT tokens. The latter will be placed in the so-called "Huobi Investor Protection Fund".