Justin Sun clarified: after the burning program is completed, only 110 million HT tokens will remain in stock. The asset will become decentralized and will no longer be controlled by anyone, promises the head of HTX.
In January, HTX (formerly Huobi) announced the launch of the Exchange DAO (HTX) program. Platform clients have the right to exchange their HT tokens into HTX using special Exchange accounts. The conversion of tokens will last until the end of January next year.
The exchange's blog outlines the benefits of converting HT tokens to HTX. Key Bonus: Spot trading fees for maker and taker orders are set at 0.1%.
Previously, Justin Sun expressed optimism about the approval of spot Bitcoin ETFs in the US, saying that Asian markets would be next.
Source: Bits
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