How do I get Huobi HT? What is Huobi s HT?

On September 15, 2017, Huobi announced that it would suspend registration and RMB deposit business with immediate effect, and would notify all users of the imminent cessation of trading by September 30. At the same time, all digital assets will be phased out before October 31.

Huobi said it would stop virtual currency trading on October 31, 2017. In the future, Huobi will mainly deploy overseas transactions.

HT is a digital currency issued by the digital currency trading platform Huobi.com, the full name of HT is Huobi Token, Huobi global common points, and the total market value is currently ranked about 30th among all digital currencies.

HT was issued in February 2018, and the initial total amount of HT was limited to 500 million, 300 million HT for the purchase of point cards** as gifts, and 200 million for platform operation and team incentives.

Huobi Global Pro promises to spend 20% of its revenue to buy back, and airdrop the repurchased HT to HT holders according to the rules.

The initial 300 million point card gifts HT soon entered the circulation market, while the other 200 million HT belonging to the platform or team were mostly locked up and did not enter the circulation market.

HT buyback airdrop stage

At the beginning, the total amount of HT was 500 million, and the ratio of investors to the platform was 3:2, and the equity owned by all 500 million HT can be simply regarded as: 20% of the operating profit of the Huobi platform.

The specific dividend implementation method is: buy HT in the secondary market and then distribute it to holders (airdrop). (Theoretically, the number of holders of HT increases, **unchanged, HT will rise first and then fall due to the circulating demand first becoming less (repurchase) and then more (airdrop), but not significantly**).

Huobi is not a virtual currency, Huobi is a digital currency trading platform. Huobi mainly deploys overseas transactions, and currently carries out 5 major businesses around the world, including Huobi Global Professional Station, Huobi Korea, Huobi China, Huobi Wallet, and Huobi Global USD Station. Huobi is actually what everyone often calls Huobi.com, which is a relatively safe and reliable bitcoin trading platform in China, and its operation has been very stable, with a cumulative turnover of 2,000 billion yuan by the end of 2016.

1. What is HT?

HT is the platform currency of Huobi. The issuance of platform tokens is given away through the purchase of point cards of the platform. It should be noted here that the user buys a point card, and the point card is a point tool used to deduct the handling fee, which is basically 1:

1USDT to deduct. Platform tokens are gifted, not issued.

HT, whose full name is Huobi Token, is a global credit system issued and managed by Huobi based on the blockchain. It is used for circulation in the Huobi ecosystem, which will support Huobi's global business and full line of products, which is a benefit provided by Huobi for platform users.

The total amount of HT issuance is limited to 500 million, all of which will be used for platform gifts. Among them, 60% (300 million) is used to purchase point cards** and 20% (100 million) is used for user rewards and platform operations; 20% (100 million) is used for team incentives, with a lock-up period of four years and 25 million per year.

Second, the use of HT

When you use HT to buy VIP, different levels of VIP can enjoy different handling fee discounts, and you can get up to 5% off the transaction fee rate.

At the same time, use HT as a margin to become a certified merchant of fiat currency transactions, and you can get an exclusive certification mark and one-to-one customer service. HT can also be used for scenarios such as HADAX listing voting, HADAX project collateral, super nodes, super partners, and Huobi global ecosystem**.

At present, the only way to obtain HT and other platform tokens is to purchase them in the secondary market. The total amount of HT is constant, only giveaway and not sold, and will increase in value over time as the number of users of the currency continues to rise. However, HT also has certain investment risks, so it is recommended that you buy it according to your actual situation.

Supplementary Information:

1) Huobi is a safe and reliable bitcoin trading platform in China, which has received a round A capital investment of 10 million yuan from Zhen**, Dai Zhikang, Sequoia Capital (shareholders of many world-renowned companies such as Apple and Alibaba), and Huobi implements strict risk control management and stable operation. By the end of 2016, Huobi had a cumulative turnover of RMB 2,000 billion.

2) Huobi will mainly deploy overseas transactions in the future. Founder Li Lin said in an open letter that he currently has 5 major businesses around the world, including Huobi Global Professional Station, Huobi Korea, Huobi China, Huobi Wallet, and Huobi Global USD Station. Among them, Huobi China focuses on the R&D and application of blockchain technology, while Huobi Korea and Huobi Global USD will continue to provide digital asset trading services for local fiat currencies against digital currencies.

HT's full name is HuobiToken, which is a global credit system issued and managed by Huobi based on blockchain.

The analysis is as follows: 1) The total amount of HT issuance is limited to 500 million, and 100% is used for gifts.

2) 60% (300 million) of them are used for the purchase of point cards**, and 20% (100 million) are used for user rewards and platform operations; 20% (100 million) is used for team incentives, with a lock-up period of four years and 25 million per year.

3) Huobi Usage: When you buy VIPs with HT, different levels of VIPs can enjoy different fee discounts, and you can get up to 5% off the transaction fee rate. At the same time, use HT as a margin to become a certified merchant of fiat currency transactions, and you can get an exclusive certification logo, a pair of respectful and defeated towns, and one customer service.

HT can also be used for scenarios such as HADAX listing voting, HADAX project collateral, super nodes, super partners, and Huobi global ecosystem**.

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