Huobi To Open Token Launching Platform
The Chinese exchange Huobi has unveiled a premium coin offering service, which will allow regular traders to invest in promising coins before they are listed on the main exchange.
Known as "Huobi Prime", the new feature will provide selected users with the opportunity to buy select coins at a discount before they are released onto the open market.
Speaking to Crypto Briefing, Huobi spokesperson commented that the new Prime service was designed to benefit the users, as well as the exchange itself. They highlighted that this “customer-centric mindset” encourages greater liquidity in the marketplace for high-potential digital assets.
Binance Coin (BNB) was arguably one of the first, offering holders discounts on transaction fees. Huobi Prime rewards user loyalty and provides incentives for high-quality projects to apply to their platform for a listing.