About Huobi Token
Huobi Token is falling this week. The current price of Huobi Token is THB 1.10 per HT. With a circulating supply of 109,395,689.252 HT, it means that Huobi Token has a total market cap of THB 116,194,913.93. The amount of Huobi Token traded has risen by THB 5,171,166.62 in the last 24 hours, which is a 88.02% increase. Additionally, in the last day, THB 5,874,933.81 worth of HT has been traded.
The exchange rate of Huobi Token is decreasing. The current value of 1 HT is THB 1.10 THB. In other words, to buy 5 Huobi Token, it would cost you THB 5.48 THB. Inversely, THB 1.00 THB would allow you to trade for 0.9129 HT while THB 50.00 THB would convert to 45.65 HT, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 69.97%. Meanwhile, in the last 24 hours, the rate has changed by 5.69%, and that the highest exchange rate of 1 HT to THB was THB 1.15 THB and the lowest 24 hour value was 1 HT for THB 1.05 THB. Last month, 1 HT was worth THB 1.21 THB. Today, it's down 10.17%. Looking back a year, Huobi Token has changed by THB 16.10 THB. That means that in a single year, the value of Huobi Token has shrank by 93.49%.
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
THB to HT values from Today at
THB 0.50 THB = 0.4565 HT |
THB 1.00 THB = 0.9129 HT |
THB 5.00 THB = 4.56 HT |
THB 10.00 THB = 9.13 HT |
THB 50.00 THB = 45.65 HT |
THB 100.00 THB = 91.29 HT |
THB 500.00 THB = 456.47 HT |
THB 1,000.00 THB = 912.94 HT |
HT to THB values from Today at 4:55 pm
0.5 HT = THB 0.5477 THB |
1 HT = THB 1.10 THB |
5 HT = THB 5.48 THB |
10 HT = THB 10.95 THB |
50 HT = THB 54.77 THB |
100 HT = THB 109.54 THB |
500 HT = THB 547.68 THB |
1,000 HT = THB 1,095.36 THB |
THB to HT over time
THB | Today | 24H -89.13% | 1M -82.42% | 1Y -6.21% |
|---|---|---|---|---|
0.5 THB | 0.4565 HT | 0.4456 HT | 0.4121 HT | 0.03105 HT |
1 THB | 0.9129 HT | 0.8913 HT | 0.8242 HT | 0.0621 HT |
5 THB | 4.56 HT | 4.46 HT | 4.12 HT | 0.3105 HT |
10 THB | 9.13 HT | 8.91 HT | 8.24 HT | 0.621 HT |
50 THB | 45.65 HT | 44.56 HT | 41.21 HT | 3.10 HT |
100 THB | 91.29 HT | 89.13 HT | 82.42 HT | 6.21 HT |
500 THB | 456.47 HT | 445.65 HT | 412.09 HT | 31.05 HT |
1,000 THB | 912.94 HT | 891.29 HT | 824.18 HT | 62.10 HT |
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