The Singapore-based cryptocurrency exchange Huobi has announced in an official statement it will open its own token listing platform, Huobi Prime, on March 26.
The first project to use the Huobi Prime service will be TOP Network, which will launch its TOP token on the same day. During the token launch, which will be divided into 3 rounds, 1.5 billion TOP tokens will be sold for $0.00177, $0.00213 and $0.00255 at each stage, respectively. The tokens will be sold under the TOP/HT pair.
Users willing to take part in any campaign held on Huobi Prime are required to have at least a daily average holding of 500 HT during 30 days before the campaign. However, this requirement will not be applied to the TOP campaign.
Every token launched on the Huobi Prime platform will be paired with HT. Nevertheless, they can later be listed on Huobi Global, Huobi Korea and HBUS in pairs with USDT, BTC, ETH and KRW. Only users from countries where digital asset trading is not prohibited will be able to use the service.
According to Huobi representatives, Huobi Prime has been designed for quality blockchain projects from all over the world.
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