Huobi Exchange Schedules Next HTX DAO Airdrop Phase, Who is Eligible?

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As a seasoned financial analyst with extensive experience in the cryptocurrency market, I have witnessed Huobi Exchange’s meteoric rise to global prominence. Their latest announcement of the fifth round of HTX DAO airdrop further cements their dedication to fostering a decentralized autonomous organization (DAO) ecosystem.

Huobi Exchange is moving forward with the next stage of its HTX DAO token giveaway on July 30, 2024. This represents the fifth round in a series of distributions, highlighting Huobi’s dedication to nurturing its decentralized autonomous organization (DAO) community.

Huobi Exchange Announces Fifth HTX DAO Airdrop

The Huobi exchange is set to distribute HTX tokens through the fifth round of its Decentralized Autonomous Organization (DAO) airdrop. Eligible token holders of TRX, USDT, and WSTUSDT are the intended recipients. This ongoing initiative underscores the exchange’s commitment to the Huobi Token (HTX) DAO.

On July 30, 2024, at 12:00, GMT+8, as stated in the formal declaration, a record will be taken of the spot account balances belonging to eligible users. This record will include the quantities of TRX, USDT, and WSTUSDT present in these accounts.

After taking the photo, the eligible users will receive their designated tokens based on established guidelines. This is the fifth instance of such distribution events, with the first four occurring for TRX and USDT holders on the network. The addition of WSTUSDT in this round indicates a broadening of the qualification requirements compared to past airdrops.

For those with spot account balances at Huobi, the airdrop is tailor-made for you. Your sub-accounts will be combined into your primary account for the purpose of taking snapshots. However, there are minimum requirements set by Huobi for eligibility. Holdings under $10 in USDT, 90 TRX, or 10 WSTUSDT will not qualify for the airdrop distribution.

Users’ token allotments will be determined by the percentage of their assets, in comparison to the platform’s entire holding of each type, within the distribution process. The airdrop procedure is guaranteed not to disrupt normal trading operations or affect deposit and withdrawal functionalities.

HTX’s Rising Global Position

In the bustling world of cryptocurrencies, HTX Global has made a significant stride, climbing up to the number two spot in global spot trading as indicated by the latest reports from the Trust Score ranking of Leading Cryptocurrency Exchanges.

Among the 219 cryptocurrency exchanges on the list, this particular platform stands only behind Binance. It boasts a flawless trust score of 10 out of 10 and reported a substantial trading volume of $2.7 billion within the last 24 hours. For the first time, it has ascended to such a prominent position in the industry, as confirmed by Justin Sun, the founder of Tron Network.

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2024-07-25 11:47