FomoHunt Started Accepting Huobi Tokens as Payment

Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt.

Per a press release shared with Cointelegraph on Aug. 22, users of HT can now purchase clothes, art, hardware and other products from the e-commerce and cryptocurrency industry news platform FomoHunt. James Lawrence, co-founder of FomoHunt, commented on the development:

“Being able to work directly with Huobi is an amazing opportunity. We are working together to allow our community users to use Huobi Token and make real-world purchases for clothes, art, FomoHunt subscriptions, event tickets, and even mining hardware.”

Huobi Token is an Ethereum-based decentralized digital asset with a limited supply of 500 million, which rewards users on the exchange with lowered fees in a bid to increase market share and liquidity on the exchange. According to data from CoinMarketCap, HT is currently trading at around $4.88, having gained 2.06% on the day.

Abram Kuznetsov
the authorAbram Kuznetsov
Abram Kuznetsov regularly contributes in-depth news articles for leading cryptocurrencies. He contributes technical price updates and analysis pieces on world's leading digital currencies & holds graduate degree in journalism.

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