Update Time: 2023-09-25
How to BuyHT(huobi token)
More and more people are wondering how to buy HT(huobi token) as these coins are very popular on the market
5 steps to buy HT(huobi token) on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
BuyHT(huobi token)
There are various payment methods available to purchase HT on BYDFi. We'll guide you through it
Choose how to purchase HT on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy HT(huobi token)
- 1
Buy HT(huobi token) with credit/debit card
This is the easiest way for new users to buy (HT). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy HT(huobi token) through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy HT(huobi token) on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular HT(huobi token) buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the HT(huobi token) trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to HT(huobi token)
Note: BYDFi offers a variety of order types to buy HT(huobi token) in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available HT(huobi token) in your account
How to store HT(huobi token)?
The best way to store HT(huobi token) will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store HT(huobi token)
Store HT in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your HT to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw HT(huobi token) to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade HT(huobi token) or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of HT(huobi token).
How you can use HT(huobi token) with BYDFi
Hold
Store HT(huobi token) in your BYDFi account.
Trade
Trade HT(huobi token) in spot and futures markets.
Why is BYDFi the best platform to buy HT(huobi token)?
Safe and Reliable
Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed 1:1 by physical assets. BYDFi was recognized as one of the best cryptocurrency exchanges of 2021 by Forbes and named the Best Cryptocurrency App of 2022 by Ascent.
High Liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy HT on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying HT(huobi token) on BYDFi is quick and convenient. Buy Coin on BYDFi to receive HT
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Answers
Is Huobi Token (HT) a Good Investment?
As the digital asset of one of the biggest cryptocurrency exchanges worldwide, the Huobi Token enjoys much interest among investors. With high trading volume and liquidity, there are many reasons why HT could be considered an attractive investment to include in your portfolio. As the level of activity on the Huobi exchange and overall ecosystem rise in the future, its native token could become even more valuable. Innovation in implementing more use cases and adding new crypto assets to the platform would further push the Huobi Token price higher and make it a good investment. As the Huobi ecosystem evolves in the future, the company could find more applications for its HT token. Any digital asset with high versatility backed by a solid reputation could be considered a worthwhile crypto investment. A bullish mood among crypto investors is one of the main drivers of an uptrend in the Huobi Token price. An upbeat attitude towards cryptocurrencies could increase the trading activity on the Huobi platform, encouraging more users to sign up for its services, and making its HT token even more valuable.
How Does Huobi Token Work?
Huobi developed the HT crypto with a limited total supply of 500 million at launch. Of these:
⦫ 100 million tokens were kept aside for user rewards and platform operation,
⦫ 100 million were reserved as team incentives with a four-year vesting schedule with 25 million getting unlocked each year, and
⦫ 300 million HT tokens were given away for free as add-on benefits for customers buying point cards.
Huobi plans to use 20% of revenues earned through Huobi Contract to buy back HT crypto from the market and burn the tokens. Such a move will increase the value of the remaining circulating supply of the cryptocurrency, supporting the Huobi Token price.
In addition, the crypto exchange will also use 20% of the revenue earned from Huobi Global for the same purpose. The funds will be used to repurchase and destroy HT tokens from the market.
How Do Huobi Token Buybacks Work?
Huobi conducts regular token buybacks from the market, effectively reducing the circulating supply of the Huobi Token and increasing the HT token price by destroying these tokens. Since its launch, the Huobi Group has conducted these events quarterly, utilizing 20% of revenues earned from Houbi Contract and Huobi Global to repurchase and destroy its native cryptocurrency.
The company publishes reports on the buyback program detailing the breakdown of the exercise. To improve transparency in its operations, these quarterly buyback reports contain information on the HT cryptos latest circulating supply, the number of tokens locked and the applications where they are locked in, and a summary of its various use cases.
HT token holders receive proportionate sub-token rewards after each of the seasonal buybacks is concluded. The process allows the exchange to drive higher engagement within its community of token holders while helping it increase the value of its ecosystem token in the market.
How High Will Huobi Token Go?
It is impossible to offer an accurate HT price prediction over any duration; however, the strong fundamentals backing Huobi Token offer some clues on future highs. As of July 2022, the HT token price is well below its all-time high of above $39. The Huobi Token price could head towards its ATH, reclaiming and potentially breaking this level to form new highs when the market sentiment towards digital assets turns strongly positive. As the native token of a crypto exchange, the HT crypto is especially sensitive to the mood in the market. A positive mood will drive higher trading activity on the platform, earning the exchange higher revenues, which would push up the value of the Huobi Token. In addition to investor sentiment, the HT price could also be helped higher amid the development of new products and offerings within the Huobi ecosystem that would use the HT crypto.
HT(huobi token)Price analysis
Real-time price
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