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Huobi HTX to List ESP Token with USDT Pair Starting February 12

According to Huobi HTX’s official release, the exchange will enable ESP deposits on February 11, followed by spot trading and withdrawals in the days ahead.

USDT

Summary

Huobi HTX announced it will open deposits for the ESP token on February 11 at 20:00 GMT+8, with ESP/USDT spot trading commencing February 12 and withdrawals available from February 13. ESP (Espresso) is a Layer-2 global confirmation layer designed to provide fast and reliable transaction finality using BFT consensus.

Terms & Concepts
  • USDT: A stablecoin pegged to the US dollar, commonly used for trading and transferring value in cryptocurrency markets.
  • Spot Trading: The purchase or sale of a cryptocurrency for immediate delivery, as opposed to futures or derivatives contracts.
  • BFT Consensus: Byzantine Fault Tolerance is a consensus mechanism allowing distributed systems to reach agreement even if some nodes fail or act maliciously.