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Huobi HTX Adds HANA Token with Spot and Margin Trading Options

The exchange enables HANA deposits starting October 23, with trading launched October 24 and withdrawals available October 25.

USDT

Summary

Huobi HTX announced support for HANA, opening deposits on October 23 (GMT+8), followed by HANA/USDT spot and 10x margin trading on October 24. Withdrawals begin October 25. Hana Network introduces a social finance ecosystem and Hana Gateway, a payment platform integrating social and financial services.

Terms & Concepts
  • Spot Trading: A type of trading where cryptocurrencies are bought or sold for immediate settlement.
  • Margin Trading: A trading method that allows users to borrow funds to trade larger positions, amplifying potential gains and losses.
  • Hana Network: A blockchain-based ecosystem focused on social network-driven financial systems, featuring the Hana Gateway payment solution.