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About IDEX and HT
IDEX is climbing, while Huobi Token is falling this week. The current IDEX to HT conversion rate is 0.03622. Inversely, this means that if you convert 1 HT you will get 27.61 IDEX. The conversion rate of IDEX/HT has increased by 8.77% in the last hour (HT/IDEX decreased by 8.77%). In the last 24 hours, IDEX/HT grew by 0.98%, while HT/IDEX shrunk by the same amount.
The exchange rate of IDEX is increasing. The current value of 1 IDEX is 0.03622 HT. In other words, to buy 5 IDEX, it would cost you 0.1811 HT. Inversely, 1 HT would allow you to trade for 27.61 IDEX while 50 HT would convert to 1,380.42 IDEX, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 13.1%. Meanwhile, in the last 24 hours, the rate has changed by 0.97%, which means that the highest exchange rate of 1 IDEX to HT was 0.05261 HT and the lowest 24 hour value was 1 IDEX for 0.03253 HT. Last month, 1 IDEX was worth 0.03554 HT. Today, it's up 1.89%. Looking back a year, IDEX has changed by 0.08906 HT. That means that in a single year, the value of IDEX has shrank by 145.87%.
IDEX Market Stats
IDEX is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.
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
IDEX to HT values from Today at 3:48 pm
0.5 IDEX = 0.01811 HT |
1 IDEX = 0.03622 HT |
5 IDEX = 0.1811 HT |
10 IDEX = 0.3622 HT |
50 IDEX = 1.81 HT |
100 IDEX = 3.62 HT |
500 IDEX = 18.11 HT |
1,000 IDEX = 36.22 HT |
HT to IDEX values from Today at 3:46 pm
0.5 HT = 13.80 IDEX |
1 HT = 27.61 IDEX |
5 HT = 138.04 IDEX |
10 HT = 276.08 IDEX |
50 HT = 1,380.42 IDEX |
100 HT = 2,760.84 IDEX |
500 HT = 13,804.19 IDEX |
1,000 HT = 27,608.37 IDEX |
IDEX to HT over time
IDEX | Today | 24H 0.97% | 1M 1.89% | 1Y -145.87% |
|---|---|---|---|---|
0.5 IDEX | 0.01811 HT | 0.01793 HT | 0.01777 HT | 0.04453 HT |
1 IDEX | 0.03622 HT | 0.03587 HT | 0.03554 HT | 0.08906 HT |
5 IDEX | 0.1811 HT | 0.1793 HT | 0.1777 HT | 0.4453 HT |
10 IDEX | 0.3622 HT | 0.3587 HT | 0.3554 HT | 0.8906 HT |
50 IDEX | 1.81 HT | 1.79 HT | 1.78 HT | 4.45 HT |
100 IDEX | 3.62 HT | 3.59 HT | 3.55 HT | 8.91 HT |
500 IDEX | 18.11 HT | 17.93 HT | 17.77 HT | 44.53 HT |
1,000 IDEX | 36.22 HT | 35.87 HT | 35.54 HT | 89.06 HT |
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