About Huobi Token
Huobi Token is falling this week. The current price of Huobi Token is LAK 862.45 per HT. With a circulating supply of 109,395,689.252 HT, it means that Huobi Token has a total market cap of LAK 94,340,101,491.97. The amount of Huobi Token traded has risen by LAK 2,923,725,957 in the last 24 hours, which is a 1,074.53% increase. Additionally, in the last day, LAK 272,093,868 worth of HT has been traded.
The exchange rate of Huobi Token is decreasing. The current value of 1 HT is LAK 862.45 LAK. In other words, to buy 5 Huobi Token, it would cost you LAK 4,312.25 LAK. Inversely, LAK 1 LAK would allow you to trade for 0.001159 HT while LAK 50 LAK would convert to 0.05797 HT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 56.5%. Meanwhile, in the last 24 hours, the rate has changed by 60.86%, and that the highest exchange rate of 1 HT to LAK was LAK 2,202.62 LAK and the lowest 24 hour value was 1 HT for LAK 859.73 LAK. Last month, 1 HT was worth LAK 851.94 LAK. Today, it's up 1.27%. Looking back a year, Huobi Token has changed by LAK 6,349.62 LAK. That means that in a single year, the value of Huobi Token has shrank by 86.98%.
Huobi Token Market Stats
Huobi, the third-largest cryptocurrency exchange in the world, recently announced and launched a new currency. The Huobi Token (HT) rewards exchange users for their loyalty with lowered transaction fees while also carrying its own value in tradable pairs against popular currencies. The hope was to bring greater value to Huobi’s millions of users, mostly located in Asian countries. The launch of the Huobi Token follows in the footsteps of other loyalty-building tokens that other exchanges have launched. The first and most successful of these tokens has been Binance Coin (BNB). The creation of BNB secured Binance’s place as the world’s leading exchange. It offered discounted trading fees in exchange for customer loyalty, primarily functioning as a loyalty rewards system. Huobi officially announced its intentions to launch a new token on January 22, 2018. Over the course of 15 days, Huobi would distribute 300 million HT (60% of the total supply) to its pro users who purchased a discounted service package. Each morning, a new batch of HT would become available on a first come, first served basis. Huobi declared this token distribution scheme, “not an ICO,” due to the nature of the offering. Users are buying a specific service package, part of which includes HT that give a discount toward trading fees. The exchange launched the Huobi Token as part of an overall strategy to recover its user base after tightening regulations in China severely restricted cryptocurrency trading. In an interview with CoinDesk, Leon Li, Huobi’s founder, revealed that Chinese rule changes had decimated the trading volume on Huobi by 95% between September 15 and November 1, 2017. The HT token distribution began on January 24 and wrapped up on February 7, 2018. Each day of the distribution, millions of tokens sold out in mere minutes after going on sale. At that point, 300 million HT had been distributed to Huobi Pro members who bought packages. That’s 60% of the total supply currently in public circulation. Another 200 million HT, 40% of the total supply, was set aside. 20% goes toward user rewards and platform operation. The other 20% is vested for four years and constitutes the team reward. Huobi isn’t the first exchange to issue its own token. Binance (BNB), Bibox (BIX), KuCoin (KCS) and Coss (COSS) have all issued their own tokens as well.
Conversion tables
LAK to HT values from Today at
LAK 1 LAK = 0.0005797 HT |
LAK 1 LAK = 0.001159 HT |
LAK 5 LAK = 0.005797 HT |
LAK 10 LAK = 0.01159 HT |
LAK 50 LAK = 0.05797 HT |
LAK 100 LAK = 0.1159 HT |
LAK 500 LAK = 0.5797 HT |
LAK 1,000 LAK = 1.16 HT |
HT to LAK values from Today at 1:19 pm
0.5 HT = LAK 431.23 LAK |
1 HT = LAK 862.45 LAK |
5 HT = LAK 4,312.25 LAK |
10 HT = LAK 8,624.50 LAK |
50 HT = LAK 43,122.51 LAK |
100 HT = LAK 86,245.03 LAK |
500 HT = LAK 431,225.14 LAK |
1,000 HT = LAK 862,450.28 LAK |
LAK to HT over time
LAK | Today | 24H -0.05% | 1M -0.12% | 1Y -0.02% |
|---|---|---|---|---|
0.5 LAK | 0.0005797 HT | 0.000227 HT | 0.0005869 HT | 0.00007874 HT |
1 LAK | 0.001159 HT | 0.000454 HT | 0.001174 HT | 0.0001575 HT |
5 LAK | 0.005797 HT | 0.00227 HT | 0.005869 HT | 0.0007874 HT |
10 LAK | 0.01159 HT | 0.00454 HT | 0.01174 HT | 0.001575 HT |
50 LAK | 0.05797 HT | 0.0227 HT | 0.05869 HT | 0.007874 HT |
100 LAK | 0.1159 HT | 0.0454 HT | 0.1174 HT | 0.01575 HT |
500 LAK | 0.5797 HT | 0.227 HT | 0.5869 HT | 0.07874 HT |
1,000 LAK | 1.16 HT | 0.454 HT | 1.17 HT | 0.1575 HT |
Frequently asked questions
Right now, 1 Huobi Token is worth about LAK 862.45.
Based on the current rate, you could get 0.001159 HT for 1 LAK.
Huobi Token price has been declining. Since yesterday, the exchange rate of Huobi Token has decreased. Since last month, the exchange rate of Huobi Token has increased. Since this time last year, the price of Huobi Token has decreased.
You can use our HT to LAK calculator at the top of this page to convert any amount of HT to LAK. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 LAK is equivalent to 0.005797 HT. Inversely, 5 HT will cost about LAK 4,312.25
Huobi Token can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Huobi Token.
There are a number of crypto assets that have the a similar or comparable market cap to Huobi Token, including KULA, Provenance Blockchain, and Gonka. For a more robust list of assets to explore, jump to the asset page dedicated to Huobi Token.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.