HT token developed by the HuobiGroup is issued and managed through their blockchain, and it is efficientlyused within the Huobi and in the Huobi Ecosystem.

HT is the abbreviated expressionof Huobi Token, the Huobi Global Ecological Token. The token is decentralized based onEthereum. The Huobi Group issues thetoken, and it has a total supply limit of 500M.

The HT token gets used in a rangeof applications in the global business concerning the Huobi GroupEcosystem. It is a crucial value carrierin the Huobi ecosystem.

The Huobi platform makes it easyto buy and sell Bitcoin, Ethereum, and Litecoin. The exchange has severalfeatures that make it an ideal place to buy and sell digital assets. Investors can trade for up to 5X leverage interms of spot trading.

Investors can use their creditcards to buy the cryptocurrency at Huobi Global. The client funds are secure as they get heldin secure storage.

HT (Huobi Token) Destruction Record Publicity

The destruction operations of HTget updated in the destruction records. All of the destructionoperationsget done transparently and openly. To date, 19 destructions have taken place,and all of them get documented.

HT Token Introducing Limits in HT Spend On Platform Operations

About 20% of Huobi Token (HT) in 500 million support user rewards and platform operations. The spending limits on HT for the in-force period of January 1, 2020, to December 31, 2020, are published.

HT Token Introduction of Aggregate Limits for the Investor Protection Fund

The upper cap of 2 million HT getsdetermined for the use of the Investor Protection Fund for the year 2020. This annual allocation limit is predeterminedevery year. The yearly allocation forthe year 2021 will get announced by the end of 2020.

HT Token New Tiered Fee Structure starts July (Final)

Normal users in HT day tradingfall in levels ranging from Level 1 through Level 6, where their 30-day tradingvolume is less than 1000 BTC. They havea fixed base fee rate with an applicable Fee rate for HT holdings for currentdiscounts. The tiered fee structure gets published for regular users andprofessional traders with itemized details. The details of the Margin HT Tiered Fee structuregets released for the current year.

At the time of reporting thenews, HT has reached a market cap of $681.92 million. On January 01, 2020, the Huobi Token traded3% versus USD.