Huobi Cryptocurrency Exchange officially disclosed the details of launching a new platform for listing tokens called Huobi Prime, and also named the project that will conduct the first campaign on it.
Huobi Prime will be launched on March 26 at 21:00 Singapore time (GMT + 8) simultaneously with the TOP Network project campaign.
1.5 billion TOP tokens (7.5% of total emissions) will be distributed among users in three rounds lasting 30 minutes each. The price for one token in the first round will be $ 0.00177, in the second - $ 0.00213, in the third - $ 0.00255.
Purchase of tokens will be carried out with the help of market orders in the TOP / HT pair. At the same time, placing limit orders or requests via the API during the three primary bidding rounds will be prohibited. The individual limit for one account is $ 1000.
It is also noted that future-launched tokens via Huobi Prime can be placed on Huobi Global, Huobi Korea and HBUS in pairs with USDT, BTC, ETH and KRW.