SINGAPORE – Cryptocurrency exchange Huobi has officially commenced deposit services for its new HTX token as of today, and has also announced the replacement of its native HT coin with this new token.
Starting from today, Huobi account holders have the ability to deposit HTX tokens into their accounts. Moreover, on Monday, users will be presented with the opportunity to convert their existing HT tokens to HTX. Those who opt to convert early will benefit from favorable rates, incentivizing a swift transition to the new token.
Looking ahead to February 2, 2024, Huobi is set to introduce an array of benefits for HTX holders. These perks include discounts on trading fees, which could potentially attract a larger user base and increase trading volumes on the exchange. The platform’s efforts to enhance user experience and value through these initiatives indicate a strategic move to strengthen its market position.
Additionally, Huobi has outlined a long-term plan for HTX, including the establishment of an HTX DAO listing and further enhancements to the platform’s offerings. These updates are part of Huobi’s broader strategy to improve its ecosystem and provide more governance power to its users.
Users interested in the HT to HTX conversion have a considerable period to make their decision, as the exchange has set a deadline of January 20, 2025, for the completion of this process.
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