HT to USD Converter
How much US Dollar ( USD) is 50 Huobi ( HT)?
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The Morpher currency calculator allows you to convert a currency from Huobi (HT)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Huobi you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 HT, 5 HT, 10 HT, 50 HT etc.
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Quick facts about Huobi
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.
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.
HT Price Chart
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HT to USD price stats
24hr
2.74% 
7d
6.82%
30d
0.08%
Over the past 30 days, Huobi has gained 0.08% to USD. The trend and price charts for the past
week shows that HT has gained 6.82% to USD and over the past 24 hours, HT has gained 2.74% to
USD.