Huobi token (HT)

Huobi Token (HT) is the native token of the Huobi Global exchange platform, one of the largest cryptocurrency exchanges by trading volume. HT was created by Huobi Group to incentivize users and provide them with certain benefits and discounts on the exchange platform. HT is primarily used to pay for trading fees on Huobi Global, and users who hold HT in their trading accounts can benefit from fee discounts or receive a higher rebate. Additionally, HT can be used to participate in exclusive token sales and other events, or to earn rewards through various staking programs and promotions. Huobi also regularly uses a part of its revenue to buy back HT tokens from the market and burn them, reducing the total supply and potentially increasing the token's value. Overall, the goal of HT is to create a more engaged and loyal user base on the Huobi Global platform, as well as to provide additional incentives for users to hold and use the token.