Select...
HPT
Loading...
Huobi Pool Token
Loading...

What is the Huobi Pool Token (HPT)?

Huobi Pool Token (HPT) is an ecosystem token created on the basis of HT (Huobi Token) and released on August 19, 2018 by Huobi Pool, an affiliate of Huobi Global.

Huobi Global is a global crypto asset exchange founded in 2013 and located in Singapore. Huobi Global accounts for approximately 14% of the total volume of the crypto sphere. Huobi once accounted for half of the world's digital asset transactions, and now it serves more than 5 million users in more than 130 countries around the world.

Huobi is a provider of financial services for blockchain assets, including exchange, trading, wallet and storage, and today Huobi Global is the world's leading trading platform.  

In fact, Huobi turns into a bridge between the world and the blockchain. By creating a full-fledged blockchain-based ecosystem, Huobi Global aims to support blockchain-based digital assets.

The Huobi Pool Token (HPT) is a sub - token based on the Huobi Global blockchain. The Huobi token provides support for the Huobi Globa business. Originally launched on March 30, 2018, the Huobi pool implements models, including FPPS, to pay out earnings to miners in accordance with their respective contribution to the hashrate, which leads to increased synergy between the platform's user interface and increased profits.

HPT was released to meet the needs of HT owners and members of the ecosystem community. HPT was created with the mission to contribute to the creation of an advanced and sustainable cryptocurrency mining ecosystem.

Huobi has announced that although HPT is the first sub-token issued by one of its business units, it will not be the last. Thus, HT holders can count on the introduction of more sub-tokens, which will create a more dynamic HT ecosystem.

Who created the Huobi Pool Token (HPT)?

Huobi Global ltd, founded by Leon Lee in 2013, is a continuous revolutionary provider of blockchain-based services. The Huobi Pool Token (HPT) was launched by the Huobi Global team in 2018.

What is unique about the Huobi Pool Token (HPT)?

Based on the Huobi digital currency trading platform, the Huobi mining pool provides a hassle-free universal experience when miners' earnings can be withdrawn, deposited and exchanged for hard currencies such as dollars, BTC or other selected cryptocurrencies through Huobi exchanges or over-the-counter services. Providing simplicity and ease of execution for miners, the end result will be a much more efficient and easy allocation of resources for users.

How many Huobi Pool Token (HPT) tokens are in circulation?

If there is no maximum offer, there is currently - 6,280,068,346 of HPT tokens in circulation.

At the moment, HPT is trading at 0.004742 USD, with a daily trading volume of 1,132,863 USD, and a market capitalization of 29,780,084 USD.

How is the Huobi Pool Token network protected?

Since the NRT is an ERC-20 token of the Ethereum blockchain, the Huobi Pool Token network is protected by the Proof of Work (PoS)consensus algorithm/

Summary

  • To own your crypto assets, you need to manage your own private keys.
  • Ledger hardware wallets make private key management easy and secure.
  • Each unique 24-word recovery phrase creates a new set of private keys.
  • Make sure you secure your 24-word recovery phrase properly.
Loading...