Step by Step guide on how to participate and NEW changes to round three! The article below will explain how users can now get hold of NEW tokens — Newton tokens that is!

Always ready to innovate and improve its platform, Huobi is gearing up to release Huobi Prime. Huobi has been at the forefront of innovation in the digital asset market space releasing features that have helped cement its position as one of the best digital market exchanges in the world. However, technological changes at a breakneck pace which requires players also to adapt and evolve. For Huobi, the demands make for a compelling need to keep on innovating, retaining their users and clients in the process.

Huobi Prime is all about access to the most promising digital coins that pop up in the blockchain sphere. Huobi assesses the potential of the coin, whether it can become a cutting-edge innovation or an industry-changing asset. Once true potential is established, Huobi creates a link to the coins for their clients through their digital exchange platform.

Huobi Prime is not only for the deep-pocketed individuals but also for the enthusiasts who can manage to save up just enough to get early access to these promising coins.

Program Participation

Requirements for Huobi users are an average monthly holding of 500HT or above in a verified Huobi Global account. The 500HT mark is considered convenient between inclusivity and legitimate participation. Huobi wants to ensure that its service is available to everyone while also providing that participants are actively taking part in trading activities within Huobi

Participants are required to have a registered and verified Huobi account to enter.

Huobi Prime will only be listing quality projects that are yet to be listed in any digital currency exchange. To achieve and maintain their high standards, Huobi will employ rigorous screening and vetting processes before final coin selections are made. Huobi Prime users will be assured of quality products through these methods. The steps required for participation are: (TOP Network participation is over, but steps apply for all project listed on Huobi Prime!)

• Step One: Confirm your eligibility to participate in Prime Trading-IMPORTANT (Threshold to participate in Prime is set to be: daily average holding of 500 HT during 30 days before Prime Trading, considering first Prime Trading getting closer, above threshold does not apply for TOP Network. Later HT holding requirements may subject to minor changes according to HT price movement, and will be disclosed accordingly with project announcements).
• Step Two: Open up HT market page (Prime countdown will show up) and wait for Prime Trading start;
• Step Three: After Prime Trading starts, like usual market order trade, type in desired trading amount (not succeeding individual cap), click “Buy”, orders will be placed after slide authentication, and the system will match orders on a first come first serve basis.

Participants will be required to send snapshots of their HT held | Source

Some tips to know:

1. Prime Trading is divided into three rounds, in each round, large sale orders will be released, please place market buy orders as quickly as possible when Prime starts.
2. Slide authentication system might experience delays due to network issues, please wait patiently.
3. During Prime Trading stage, users can place market sell orders, however individual cap will not recover if orders successfully execute.
4. Users can trade freely without restriction after Prime Trading ends and when token is officially listed on Huobi.
5. If market orders aren’t successfully executed, then no sale orders may exist on the market, please wait for the next round or till the token is officially listed.

Here are some of the minimum requirements for the coins to be listed on Huobi Prime:

• An impressive project team is leading the project.
• Support from their user base and the wider community.
• A forward-thinking business strategy.
• The entire project has to be free from any scandals.
• Huobi Prime’s listing of the project must be the first listing the project gets on a digital currency exchange platform.
• Respectable reputation in the blockchain industry.

These are the significant factors the Huobi team will use to sieve through the numerous applications it may likely receive. The requirements are essential in safeguarding the potential investments that their users may engage in.

TOP has already been vetted by Huobi and has already been given the green light as the first coin to be listed on Huobi Prime. TOP Network is indeed a promising startup. It offers low-cost communication and data sharing services over different devices. It is led by an able team with a sober vision for the company. It has a respectable user base of over 60 million users! Just from the basic description of TOP Network, one can deduce that it is destined for significant accomplishments in the future.

Why participate in Huobi Prime?

A Complete User Experience

Delivering for their diverse user base has always been an inspiration to Huobi. They want their clients and users to get the best out of their platform. Huobi Prime was innovated for the specific reason of creating a better platform for Huobi users.

What makes Huobi Prime different?

Here are some key advantages that Huobi Prime will have:

• Early access means early access in Huobi Prime, no need to wait for presale or any other procedures. Once Huobi Prime has listed the coin, users can purchase the coins which are immediately deposited into their accounts and are ready for exchange. The coins will be tradeable with Huobi’s native token, Huobi Token (HT) via the Huobi Global platform.
• Related to early access are the lucrative prices these coins will be going for. Huobi Prime will be listing the coins at discounted rates which are likely to be significantly lower than the market price.
• As aforementioned, Huobi Prime will be a platform for all walks of life. In usual cases, such services are reserved for the deep-pocketed fellows in similar platforms. However, Huobi believes in the power of inclusivity. Huobi Prime can easily satisfy the needs of both small and big players within the industry. Professionals, investors, VIPs or regular traders will find the platform beyond satisfactory.
• Market realities were considered while setting up Huobi Prime. Market volatility can affect any coin; therefore, to combat the effects that may arise from a volatile market, Huobi Prime will feature different tiers of pricing for coins. The measure will prevent any excessive losses to investors in case of a volatile market.

The features stated will keep Huobi Prime ahead of its peers. Users are likely to appreciate the precautions Huobi has taken and the client or user-first approach which Huobi have employed in Huobi Prime.

Huobi Prime is set to be launched on April 16th, 2019 with Newton Project.

Further information on the Newton sale can be found via this link.

#Huobi #Global #HuobiToken #HT #HuobiPrime

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Disclaimer: Please only take this information as my OWN opinion and should not be regarded as financial advice in any situation. Please remember to DYOR before making any decisions.

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This article was originally published on Medium.