Huobi Token (HT) is the native cryptocurrency of the HTX exchange. The exchange was founded in China in 2013 but then moved its operations to Seychelles for more friendly crypto and finance regulations. It became a popular option among those seeking to enter the new world of crypto that lets users invest in projects through trading and Initial Coin Offerings (ICOs). HTX followed Binance’s path by releasing the exchange token in 2018 that facilitates on-platform governance, rewards, and special event access.