has become known
Huobi Cryptocurrency Exchange officially disclosed the details of launching a new platform for listing Huobi Prime tokens, and also named the project that will conduct the first campaign on it.
Announcement: We're happy to announce that on Tuesday, March 26, Prime Huobi, a better path to #premium coins, will of the live! Go. OTHER benefits for Among, Huobi Prime lets you #trade your coins immediately. We call it the #DPO (Direct Premium Offering) Model. Info: https://t.co/O7z2rlINK2 pic.twitter.com/lWTyjjSQo4
– HuobiGlobal (@HuobiGlobal) March 20, 2019
Huobi Prime will be launched on March 26 at 21:00 Singapore time (GMT + 8) simultaneously with the TOP Network campaign.
1.5 billion TOP tokens (7.5% of total emissions) will be distributed among users in three rounds lasting 30 minutes each. The price for one token in the first round will be $ 0.00177, in the second – $ 0.00213, in the third – $ 0.00255.
Purchase of tokens will be carried out with the help of market orders in the TOP / HT pair. At the same time, placing limit orders or requests via the API during the three primary bidding rounds will be prohibited. The individual limit for one account is $ 1000.
“Participation in the campaign on the platform of Huobi Prime will be available to users from countries where digital assets are not banned. To do this, the user’s account must be at least 500 HT over the past 30 days. The size of the requirement can be changed depending on the HT course, ”writes Huobi, emphasizing that this requirement does not apply to the TOP campaign.
It is also noted that future-launched tokens via Huobi Prime can be placed on Huobi Global, Huobi Korea and HBUS in pairs with USDT, BTC, ETH and KRW.
Recall, the announcement of the new platform from Huobi took place in early March. Then BlockchainJournal wrote that Huobi Prime can be partially considered as an alternative to the Binance Launchpad , although it will have some differences.
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