Huobi Token
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Huobi Token in numbers
It belongs to the Cryptocurrency sector (Exchange Token). It has traded since Jun 7, 2018, across 169 markets on 3 exchanges, with $575.61K of volume in the last 24 hours. Its all-time high of $39.47 was reached on May 12, 2021; the current price is 99.9% below that peak. Its cycle low of $0.0209928 came on Jun 9, 2026.
On Ethereum, 54,987 addresses hold HT. It is available on 4 networks.
About Huobi Token
Huobi Token (HT) is the native cryptocurrency of the Huobi Global exchange. As an exchange-based token, it serves various purposes within the Huobi ecosystem, such as reducing trading fees, participating in token sales, and voting on exchange decisions. HT holders also benefit from buybacks, where the exchange uses its profits to purchase and burn a portion of HT, reducing its overall supply.
Background
Huobi was founded in 2013 and has since built one of the largest crypto exchanges in the world. They launched their own native token at the start of 2018. The Huobi Token (HT) distributed through the exchange of “point cards,” which are pre-paid cards for basic services on Huobi, where 1 point is equivalent to one tether (USDT). Holding HT offers users discounts on both trading and margin fees based on a tiered system. Following the lead of Binance who started offering direct token sales through their IEO launchpad, Huobi announced their version Huobi Prime in March 2019.