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Huobi Token ($HT) serves as the backbone of the Huobi exchange, and its primary purpose is to enhance user experience through various incentives and benefits.
At its core, $HT is a decentralized digital asset that provides holders with numerous privileges, including:
Trading Fee Discounts: One of the standout features of holding $HT is the ability to enjoy reduced trading fees. This benefit varies based on the amount of $HT held and the trading volume of the user.
Access to Exclusive Tokens: Token holders gain priority access to new cryptocurrencies listed on the exchange, allowing them to invest in emerging projects early.
Voting Rights: $HT holders have a say in pivotal platform decisions, including which new cryptocurrencies should be listed, fostering a community-driven governance model.
Moreover, $HT supports the broader functionalities of the Huobi ecosystem, including its decentralized layer-2 network, Huobi Eco Chain (HECO), which aims to facilitate lower transaction costs and greater scalability.