Staying in the position of one of the biggest crypto exchanges in the world takes hardwork. Houbi Global has consistently shown it is up to the task with its relentless efforts at improving the quality of its service. A recent move is the HADAX 2.0 which is the second edition of HADAX.
The second edition of HADAX (Version 2.0) will streamline the token listing application process, to help improve the listing process and as an improvement over the last version.
HADAX stands for Houbi Autonomous Digital Asset eXchange https://www.huobi.br.com/topic/invited/?invite_code=8res3
HADAX 2.0 is a modification or the latest version from the HADAX project, it is an independent crypto exchange where its users and development team are in charge of determining the cryptocurrencies that would be listed on the HADAX exchange through a structured voting system. This means the platform is democratic since its users take charge of cryptocurrency that would be listed and traded on the platform. If you already have a Houbi Pro account, you can use the same username and password to login to HADAX. Both platforms offer quality service and maximum security that you can rely on. As a user of Houbi Pro, you will be eligible for voting for reputable projects.
If you are looking for good reasons why you should consider trading, check out the following. Each time you vote for your favourite token, the value of the token has tendencies of increasing in value, and will also improve the value of tokens in your possession. That's not all, if you are lucky to have voted for the top two coins, you get rewarded with free coins from the project's team. You have the liberty to cast your vote as much as 100,000 times.
It improves the value of HT because with the rewards given by the project team would make more people wanting to buy more HT token since voting is done in HT token ( a vote costs 0.1 HT). the increase in demand for HT token means an increase in price.
If you are still not convinced on why you as a user should invest in HT, there are other reasons why investing in HT will be beneficial:https://www.huobi.br.com/topic/invited/?invite_code=8res3
level gives you access to more affordable transaction fees and Upgrading to VIP would require a fee in HT, if you have the HT token you can purchase VIP level.
• Your HT can easily be converted to any popular coin
• If you are in possession of HT when a new project gets launched you will get the free coin from the new project.
• Results of the most recent round of public voting
Only for projects took part in the first round of HADAX 2.0 regime, participating projects include Houbi Pool(HPT), Rate3 Network (RTE), Tripio(TRIO) and MuxiCoin (MXC).
After the conclusion of the first phase of voting only MXC failed to cross its target, HPT, RTE and TRIO fared well and are now closer to getting listed.
After the voting process HPT and RTE went way above their initial targets, with HPT peaking 10× more vote than its 750,000 original targets, similarly, RTE got 3× more votes than it 210,000 initial targets. Despite TRIO was not able to double its original target, it got close to 50% of its original target.
A brief description of HPT, RTE and TRIO
Houbi pool token (HPT):
HPT is a "sub-token for Huobi token, it has its own autonomous ecosystem and as a total supply of 10 billion. To be able to get the HPT, you can be part of issuance target ( HT holders, community users of Huobi pool etc).
Rate3 Network (RTE):
Rate3 is a project that plans to bring a solution to e-commerce by making payment and credit scoring across borders more efficient. It would serve as an in-house token to an e-commerce ecosystem to ensure that all the players involved in e-commerce transaction enjoy cheap, secure and fast transaction.
Tripio(TRIO):
The trip is a travel marketplace built on blockchain technology. It makes use of the advantages blockchain provides to make travelling easier, for instance, the decentralized nature of blockchain would help customers get direct access to service providers without any form of intermediary.
Why do you think HPT or RTE got so many votes?
Why HPT and RTE faired well
The reasons why both projects fared well are simple, first they both have a convincing team and use cause, HPT being a subsidiary of Huobi global is enough reason why the project should be backed. Their use causes also help improve their votes, while HPT is set to improve Houbi global, RTE plans on bringing a revolution to the world of e-commerce.
Houbi Global has proven to be a frontier exchange in the cryptocurrency world, HADAX was a success and the 2.0 version have also done tremendously well in, one thing Houbi is known for is coming up with newer ideas. https://www.huobi.br.com/topic/invited/?invite_code=8res3
Disclaimer
This work is only a personal suggestion based on personal opinion and experiences, hence we are not liable for any loss incurred by a trader who uses this article as a trading guideline. You are advised to do further research before you form an opinion.