Huobi is Giving Away 300 Million Free Tokens January 24, 2018 – Posted in: News

Huobi Token

Huobi, one of the world’s most famous Bitcoin exchanges, has announced a special offer involving the Huobi Token (HT), which can be used to buy different grades of VIP membership with fee discount percentages, up to 50%, or exchanged for USDT, BTC, ETH on Huobi.Pro. Thus, Huobi is giving away 300,000,000 HT (60%) as gifts with the purchase of Point Cards on Huobi Pro, over 15 days.

Huobi Token Value

Huobi is bullish on the value of this token, as it rides on our astonishing growth. Just in the past 3 months, Huobi.Pro has risen from top 10th to 5th in the global digital currency trading platform.

The “Power” of the token is reflected in Huobi’s exciting accomplishments:
– Injection of capital from world famous VCs, Sequoia Capital and Zhen Fund.
– Secured a joint venture with Soft Bank Investment (SBI) to open a licensed exchange in Japan.
– Set up offices in Singapore, Japan, Korea and the US.
– Grew the team size to more than 430 professionals.
– Expanded the offerings to 144 trading pairs, and listed 75 coins/tokens on the platform.

Huobi Token Distribution

  1. Huobi Global will only be distributing and strictly limiting to a fixed total of 500-million HT, never to be increased.

Huobi Tokens

  1. Each quarter, Huobi Pro will use 20% of its income to buyback the Huobi Tokens in the open market.
  2. All the HT that were bought back will be allocated to Huobi Investor Protection Fund (HIPF) in a certain proportion.

More info can be found here.