This platform has grown from strength to strength and has become an attractive platform for those who want to own the potential altcoin. But the question is whether Huobi is worth our trust. I will list the advantages and disadvantages below so that you can give yourself the answer.
Advantages of Huobi Flooring
Advantage 1:
Huobi grants coin flooring options to Huobi token owners. Currently, Huobi's system has 18 super nodes involved in coin selection on the floor. According to information on Huobi's website, "the super nodes who participate in the poll are professional investment organizations. Their responsibility is to make comments and vote on projects that will be posted to Huobi.
In a nutshell, the supernodes will have the right to choose which currencies will be on the floor. The requirement to become supernodes is to own at least 1 million HT (Huobi Token).
Advantage 2:
Enhanced liquidity for the HT token by adding trade altcoin / HT pairs. Post-trading projects may be open trading pairs with the first HT. This will increase the demand for HT token ownership.
Advantage 3:
Innovations that attract investment, wisdom and influence increase the usability of HT token in the long run. Huobi Chain is a wonderful creation in the words of Lin Li, founder and CEO of Huobi Group: "We believe in a future of decentralization and the main goal of the Huobi Chain project is to transform Centralized organizations become decentralized, run by the community. Huobi's dream is to operate a public blockchain and become a truly decentralized organization. "
It is hard to imagine a large corporation wanting to become decentralized. Huobi also has an award-winning program to attract talent for a project that will change the way organizations operate today.
Disadvantages of Huobi floor
Disadvantage 1:
The withdrawal limit for non-KYC accounts is very low. Less so that the trader wanted anonymity would not want to use Huobi.
Although KYC is very important, there are currently trading floors that allow withdrawals at an acceptable level but can encourage users to perform KYC.
Disadvantage 2:
Huobi needs to add coin in the top 50 to add to the trader's appeal. There are many good projects that are not yet available on the floor.
Conclusion about Huobi floor:
Although there are still some points to overcome, Huobi has proved to be an effective and reliable trading platform. This is also the reason for their success and expansion of more development.
Looking at Huobi's projects and development potential, it can be said that the future will be a center of the blockchain world./.
