Dear Hivers,
Having closely worked with two Chinese crypto exchanges, I can tell you:
We always looked upto Huobi. Like... really did.
Because not only did the exchange partner up with the Chinese government but also introduced a slew of quality products into the industry while supporting 100+ countries.
And now?
With the recent AMA, Huobi is listing Hive token. ❤️
Here's what it really means:
You will be seeing a drastic change in the price of Hive. In fact, it is already happening:
Yes — we are pumping by 40% and more...
This is because Huobi is listing the following pairs on its platform:
- HIVE/USDT
- HIVE/BTC
- HIVE/HT
Trading begins 14:00, April 24, 2020 (GMT+8).
I am not sure if everyone knows this:
Huobi is the #1 exchange out there. And yes — it is bigger than Binance.
Take any “accurate” volume monitoring tool and you can see the proof:
(Data from FTX)
What does this mean to us?
Two things:
- Hive is listed on the #1 exchange - so other tiny exchanges will make moves to list Hive soon. (There are dedicated managers whose job is to find quality hot tokens out there in the market)
- Hive token will have better liquidity (and more volume, which brings in more traders).
Huobi is currently running a promotion to giveaway 100,000 Hive tokens:
On top of this, the recent AMA is bringing in a large set of users on Hive.
They are seeing something new.
And if that's not enough:
We will have many serious traders turning into hodlers on the Huobi platform.
Here is where it gets better:
You can be part of the Huobi's referral program. And then you can invite others to join under you.
This does two things:
First, it creates a network effect. Like a funnel, more people enter Huobi – buy and sell more tokens – including Hive.
Second, you earn passive income. Right now, there is a 30% cashback on the fees. You get this income every day. That's pretty cool, isn't it?
It is a win-win opportunity.
And if you want to do more?
You can begin to promote the referral link on your Hive blog and on your social media account (Twitter works the best).
Note: Huobi requires KYC. If you are planning to sign up, feel free to use my referral link.
For the 1200 employees at Huobi, token listing is a regular affair. They continue to fish for quality projects each and every week. For the Hive community, however, this smashing move is the beginning of a new journey.
Huobi exchange acts as a perfect foundation to expand the noise around the Hive blockchain. It validates the vision – and will invite thousands of users with time.
The listing establishes brand awareness and more visibility in the crypto sphere.
Plus, as we onboard new users, we will begin to see a spike in applications, users, and the overall Hive ecosystem.
Good times are certainly here.
Cheers,
Sid
100% Hive-exclusive. If you liked the article? Feel free to upvote and rehive.
With Huobi Listing hive and their promotional event, a lot of people will buy hive for sure.
Even I was looking to buy some hive and participate in Huobi event.
Good points though...
I feel glad to see the progress.
Bet more is coming this week!
Definitely!
Exciting times for sure. This price move was nice to wake up too, even though I sold 750 Hive yesterday, I also managed to get an acquaintance to invest 500 Euros in Hive yesterday night. I don't think he will regret that investment.
Thanks for this write up, all the info and have a great day!
Haha! Well, it happens to the best of us.
Took me a LONG time to realize... NO FOMO!
It's all cool. And I am glad to see you here.
Haha! I didn't sell because of FOMO. I'm living of crypto and needed some money for groceries ;>)
I 100% believe in Hive.
Ah, so glad to know! :)
Yeah, I need a couple of powerdowns of Hive to survive. If Steem would be pumped some more, I wouldn't sell any Hive at all. Just glad I bought quite a lot of / doubled my Steem last Summer.
Have a nice day!
I don't know if you've heard, but MCX just announced a hive listing too:
Things are getting interesting...
Thank you! :)
Yes, I know MXC. Had a Chinese friend who was planning to work for them.
The token did 100x along with Biki's native token.
MXC is shady (yet super-useful) and these tactics of listing is very common. (As mentioned in the post, the "dedicated manager" must be spying on Huobi - and then they listed it faster... than Huobi)
Think I should write an elaborate post on this?
According to CMC, this is the 2nd biggest exchange in the world, and Huobi is 32. I don't know if you should write about it, it's your blog, just thought it would be good to add here in the comments.
Definitely on it. Thanks!
$8 hive soon!
Haha!
Just sleep and wake up to see $8.
Gotta sleep for months though!
Awesome write-up @sidwrites - you sure you weren't a teacher in a past life? It's a wonderful step forward and a HUGE boost to the price.
Let's hope it encourages both new passive investors and some new content creators.
Now that's a compliment.
Thank you!
Absolutely. Good time for us! :)
🙏❤️
This is just but the beginning 🙌😍
Let's see how far we can pump
Xo
Imagine seeing $10 Hive and looking back at this comment!
I was wondering how HIVE hiked like this. Infact I regret having converted some steems into BTCs this morning. I should have converted them to Hive.
Anyway great news it is!
Haha!
No regret, brother.
Always a time. Good to see we are growing - and that's better as we are part of the platform.
Of course!
Great Blog :)
I made a Huobi account right when we got listed with bittrex.
Kind of anticipated this day would come.
Increase in liquidity and volume kind of makes the prices more stable and relatively less volatile right?
Thank you! And so glad to know.
Not stable. It only increases the activity. Will bring more buyers and more sellers.
As long as there is action (price action) we are good.
Most tokens die because there is no price action. Now we are good! :)