Price
$1.19
24h% change
-3.8%
Volume (24h)
$232,498
Market Cap
$189.812M
Huobi Token (HT) serves as the native token for the cryptocurrency exchange Huobi Global, operating as a decentralized digital asset on the Ethereum blockchain and adhering to ERC-20 standards. While HT's value is tied to the reputation of the Huobi crypto exchange, various other factors also contribute to its valuation.
For an in-depth exploration of the Huobi Token, delve into our comprehensive analysis.
Introduced in January 2018, Huobi Token swiftly emerged following the launch of a native token on the competing crypto exchange, Binance. HT's existence enables Huobi to adopt a versatile marketing approach, attracting new users and fostering platform expansion.
An essential role of the token involves slashing commissions for trading activities on the exchange, typically deducted from users' wallets. Beyond this, HT offers a plethora of benefits. Through HT, users can acquire monthly VIP-status plans, unlocking discounted transaction fees. Token holders wield voting rights for exchange decisions, receive crypto rewards during seasonal buybacks, and gain early access to exclusive events. Moreover, HT holders possess the flexibility to trade their tokens for other cryptocurrencies at any time.
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Huobi Token’s historic highest price is $39.66, which was recorded on 12th of May 2021. Currently, Huobi Token’s price is %97 Lower than its historic high.
Huobi Token’s historic lowest price is $0.20791, which was recorded on 23rd of June 2024. Currently, Huobi Token’s price is %469.5 Higher than its historic low.
Let's take a look at the important factors that impact Huobi Token's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.