Buy Huobi (HT)
What is Huobi?
Huobi is a prominent global cryptocurrency exchange established in 2013 by Leon Li, a former Oracle developer. The platform allows users to trade a vast range of cryptocurrencies, providing various financial services such as trading, digital asset management, and blockchain technology development. Huobi is known for its strong focus on security, efficiency, and user experience, along with its Huobi Token (HT), which serves as the native utility token of the exchange.
How does Huobi work?
Huobi operates its own blockchain, known as Huobi Chain, which employs a Delegated Proof-of-Stake (DPoS) consensus mechanism. This blockchain is designed to support decentralized finance (DeFi) applications and is particularly focused on regulatory compliance, offering a framework that includes regulatory nodes. Huobi Chain enables the deployment of smart contracts and supports the development of financial services like tokenized assets, identity verification, and decentralized exchanges.
What are the potential use cases for Huobi?
Huobi Token (HT) has various use cases within the Huobi ecosystem:
- Trading Fee Discounts: HT provides discounts on trading fees for users on Huobi Global.
- Governance: HT holders can participate in decision-making processes through voting on platform initiatives.
- Rewards and Incentives: HT can be used for loyalty and community incentives, including exclusive participation privileges in events like Huobi Prime.
- DeFi Applications: HT serves as a base currency on Huobi Eco Chain (HECO), facilitating decentralized applications and projects.
- Strategic Collaborations: HT supports partnerships and projects within the broader blockchain and cryptocurrency community.
What is the history of Huobi?
Huobi was founded in 2013 and quickly established itself as a leading cryptocurrency exchange in Asia. Significant growth occurred in 2014 and 2016, with expansion driven by strategic partnerships and the development of new services. To comply with changing regulations, Huobi relocated its headquarters to Singapore and increased its global presence. A key milestone was the launch of Huobi Token (HT) in 2018, designed to provide additional benefits and incentives to the platform's users. Over the years, Huobi has adapted to the evolving regulatory landscape and expanded its technological capabilities, including the development of the Huobi Eco Chain for supporting DeFi initiatives.
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Frequently Asked Questions (FAQs)
What is the current price of Huobi (HT)?
The Huobi price is $1.9832 AUD, representing a -1.45% from the day prior.
Where is the best place to buy Huobi (HT) in Australia?
The best place to buy Huobi (HT) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Huobi (HT) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Huobi (HT)?
The trading volume of Huobi (HT) is $147.0K AUD in the last 24hrs, representing a -1.45% from the day prior.
How can I buy Huobi (HT)?
Huobi (HT) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Huobi (HT)?
The current market cap of Huobi (HT) is $310.4M AUD.
Can I convert Huobi (HT) to cash?
Yes - With Coinstash you can convert your Huobi (HT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Huobi (HT) are there?
The current circulating supply of Huobi (HT) is 159.4M.
Is Coinstash a safe place to buy Huobi (HT) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Huobi (HT) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.