Huobi Token (HT) sells out in 1 minute

SINGAPORE, Jan. 24, 2018 /PRNewswire/ -- On January 24, 2018 (at 10 am Singapore time), Huobi Pro officially released its Huobi global points-Huobi Token (HT). Huobi Pro users received HT after purchasing point packages. According to Huobi Pro sales data, all the point packages sold out in 1 minute. 

HT is a bonus system based on Huobi's ERC20 blockchain distribution and management system. The limit is 500 million global points, of which 300 million are given through point packages.

As an important strategic support for the Huobi group in the future, HT has multiple application scenarios, including discounts on transaction fees on Huobi Pro, certified corporation deposits for statutory token trading, token transactions etc. HT holders will also have certain voting rights to decide which tokens will be released. Meanwhile, Huobi also promised that they will repurchase HT on a quarterly basis and launch the Investor Protection Fund. The fund will make advance payments to investors for losses caused by non-investment decision-making and platform majeure.

User's pursuit of HT reveals their confidence in the future development of Huobi group, as well as the investment potential of HT. 

SOURCE Huobi Technology PTE. LTD.