user: News of Huobi Token (HT) - July 2024 Price Update - 8.29% Breakout Crypto News and Analysis
Spot the Main Event:
HTX announces its integration of Fireblocks Off Exchange, an innovative direct custody solution that mitigates exchange counterparty risk. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, launched Off Exchange to enable trading firms and asset managers to trade on centralized exchanges from an on-chain multi-party computation (MPC) shared wallet. The integration of Off Exchange will help strengthen digital asset security, streamline global compliance operations, and create a better virtual asset trading experience for HTX users.
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Explore the Core.
The Huobi Token has two main functions. First, the Huobi exchange uses HT for its loyalty program that rewards members with a range of discounts. The company has also decided to use HT tokens to confer voting rights on users of the Huobi Autonomous Digital Asset Exchange (HADAX). To fulfil these functions, Huobi has attempted to keep HT’s value reasonably stable. To curb inflation, the company allocates 20% of profits for a token buyback program.
Spot the Main Event:
HTX announces its integration of Fireblocks Off Exchange, an innovative direct custody solution that mitigates exchange counterparty risk. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, launched Off Exchange to enable trading firms and asset managers to trade on centralized exchanges from an on-chain multi-party computation (MPC) shared wallet. The integration of Off Exchange will help strengthen digital asset security, streamline global compliance operations, and create a better virtual asset trading experience for HTX users.
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Spot the Main Event:
HTX joined the Fireblocks Network, an enterprise-grade digital asset transfer platform for rapid digital asset transactions and dynamic payment workflows, to facilitate seamless trading on the HTX platform, leveraging the direct custody solution offered by Fireblocks. HTX announces its integration of Fireblocks Off Exchange, an innovative direct custody solution that mitigates exchange counterparty risk. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, launched Off Exchange to enable trading firms and asset managers to trade on centralized exchanges from an on-chain multi-party computation (MPC) shared wallet. The integration of Off Exchange will help strengthen digital asset security, streamline global compliance operations, and create a better virtual asset trading experience for HTX users.
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