Huobi Token (HT)

Market Cap

$884,119,605 USD

Volume (24h)

$274,250,986 USD

3.6
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Huobi Token Markets Rank: 9/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Huobi Token Volume Ratio Rank: 31/100

  • Market Cap

    The total cost of all coins available.

    Huobi Token Market Cap Rank: 100/100

  • 24h Change

    Is the price moving up or down?

    Huobi Token 24h Change Rank: 48/100

  • Social Following

    How many users are following this coin?

    Huobi Token Social Following Rank: 66/100

  • Google Trends

    How many users are searching for the coin?

    Huobi Token Google Trends Rank: 1/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Huobi Token Twitter Citation Rank: 28/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Huobi Token User Voting Rank: 63/100

Huobi Token investment analysis

Huobi is a major cryptocurrency exchange in China, and this asset is a tokenization of that platform. Their native currency is based on the ERC20 standard protocol. Essentially these will be used to "offset" trading fees for those that are using the trading platform.

The idea being that this platform utility token will entice those that are already there to keep their business on the exchange due to the benefits of being a holder. With a very small circulating supply of only around 50 million tokens this asset could appreciate in value quickly should the demand for it increase.

This asset was issued as a "gift" with purchases of premium services within the platform. The VIP packages offered by this exchange were surprisingly popular. They claim that all of them sold out in under a minute. There is also a company buyback plan where a percentage of fees will be used to control the flow of these native tokens. As far as your Huobi Token investment goes this will work to limit the supply, raising the price in time.

How to buy?
current price
$3.66
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+34.3%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$4.92
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

263/2057
by Safety
1856/2057
by Profit
historical data

How to buy Huobi Token?

In order to buy Huobi Token, you must use their native exchange platform. At present, this is the only listing for this particular asset. The accepted trading pairs are Bitcoin, Ethereum and US Dollar Tether. While this may be inconvenient for some investors, there is ample liquidity here to make a swap for any of the above-mentioned currencies.

This is an Ethereum asset, and that means you'll need an ERC20 compatible wallet in order to store your investment safely. It's not recommended to ever leave your coins on an exchange as you do not control the private keys for these wallets. Instead, use a wallet in your control such as My Ether Wallet, or a hardware wallet such as a Ledger or Trezor. Make sure to always make a back up of your wallet file or seed for safe keeping.