The reputation of Huobi is undeniable as the exchange is serving a large part of the Asian cryptocurrency market covering countries like Japan, Singapore, China and many more. Its headquarters are in Singapore, but the exchange is now expanding its offices to Japan, South Korea, and the United States.
The exchange is attracting investors globally across Europe, Asia, and North America. It offers multilingual customer support and transactions with low fees.
The main reason to develop the Huobi token was to lower even more the transaction fees enabling a point system while simultaneously maintaining stability.
Advisors state that the exchange-originated token is a smart investment due to its key features. HT is an Ethereum-based, ERC-20 token. With no ICO the only way to acquire it is by purchasing Huobi’s prepaid cards also known as point cards. They can be used not only for the Huobi Token but provide various VIP services like discounts on trading fees.
Liquidity protection is a method for controlling the valuation of the HT currency. The buy-back policy of the Huobi exchange involves 20% of its income to buy back tokens. Then the tokens are allocated to the secure Huobi Investor Protection Fund which ensures greater market stability.
Huobi is one of the most secure cryptocurrency exchanges globally due to its unbreakable encryption code. It is capable of concealing all activities and transaction from Trojan and other similar malicious programs.
Consequently, Huobi’s token is said to be one of the safest cryptocurrencies for investments. Also, with the compensation protocols and listed above benefits of Huobi, it is clear to see why big-time investors, trading with large volumes of cryptocurrencies are working on keeping the token value for the long run.