Request REQ to Huobi Token HT Exchange

Crypto Pair Details: REQ to HT

Request REQ

A decentralized network built on top of Ethereum, which allows anyone, anywhere to request a payment. The request can be detected and paid in a secure way, without the need to involve a third party. The request is saved on an immutable, authentic ledger, which acts as a unique source of truth for accounting and auditing processes. Request integrates a trade law system and works across every legislation. Request works with every global currency. Request is designed to be flexible, to last hundreds of years, and to work with IoT, whilst being compatible with any future systems. Request donation modal went live today. Thought you might be interested to include it in your footer instead of just the addresses. As an FYI, it's fully decentralized and free to use -- we don't take any added fees (the only cost is the Ethereum gas). It can be integrated with a simple code snippet. Anyways, check it out if you have a chance -- here's a link to the site: https://donations.request.network/ You can check out CoinBureau for the complete review of Request Network.

Huobi Token HT

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.

SOURCE: COINGECKO

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