About Huobi Token
Huobi Token is falling this week. The current price of Huobi Token is LAK 803.30 per HT. With a circulating supply of 109,395,689.252 HT, it means that Huobi Token has a total market cap of LAK 85,374,350,533.89. The amount of Huobi Token traded has risen by LAK 5,237,923,428 in the last 24 hours, which is a 28.88% increase. Additionally, in the last day, LAK 18,135,075,568 worth of HT has been traded.
The exchange rate of Huobi Token is decreasing. The current value of 1 HT is LAK 803.30 LAK. In other words, to buy 5 Huobi Token, it would cost you LAK 4,016.52 LAK. Inversely, LAK 1 LAK would allow you to trade for 0.001245 HT while LAK 50 LAK would convert to 0.06224 HT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.38%. Meanwhile, in the last 24 hours, the rate has changed by 11.77%, and that the highest exchange rate of 1 HT to LAK was LAK 883.32 LAK and the lowest 24 hour value was 1 HT for LAK 780.48 LAK. Last month, 1 HT was worth LAK 788.43 LAK. Today, it's down 1.83%. Looking back a year, Huobi Token has changed by LAK 6,754.92 LAK. That means that in a single year, the value of Huobi Token has shrank by 88.88%.
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 3:54 am
LAK 1 LAK = 0.0006224 HT |
LAK 1 LAK = 0.001245 HT |
LAK 5 LAK = 0.006224 HT |
LAK 10 LAK = 0.01245 HT |
LAK 50 LAK = 0.06224 HT |
LAK 100 LAK = 0.1245 HT |
LAK 500 LAK = 0.6224 HT |
LAK 1,000 LAK = 1.24 HT |
HT to LAK values from Today at 4:53 am
0.5 HT = LAK 401.65 LAK |
1 HT = LAK 803.30 LAK |
5 HT = LAK 4,016.52 LAK |
10 HT = LAK 8,033.04 LAK |
50 HT = LAK 40,165.18 LAK |
100 HT = LAK 80,330.37 LAK |
500 HT = LAK 401,651.84 LAK |
1,000 HT = LAK 803,303.67 LAK |
LAK to HT over time
LAK | Today | 24H -196.25% | 1M -231.90% | 1Y 61.26% |
|---|---|---|---|---|
0.5 LAK | 0.0006224 HT | 0.000566 HT | 0.0006342 HT | 0.00007402 HT |
1 LAK | 0.001245 HT | 0.001132 HT | 0.001268 HT | 0.000148 HT |
5 LAK | 0.006224 HT | 0.00566 HT | 0.006342 HT | 0.0007402 HT |
10 LAK | 0.01245 HT | 0.01132 HT | 0.01268 HT | 0.00148 HT |
50 LAK | 0.06224 HT | 0.0566 HT | 0.06342 HT | 0.007402 HT |
100 LAK | 0.1245 HT | 0.1132 HT | 0.1268 HT | 0.0148 HT |
500 LAK | 0.6224 HT | 0.566 HT | 0.6342 HT | 0.07402 HT |
1,000 LAK | 1.24 HT | 1.13 HT | 1.27 HT | 0.148 HT |
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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.