The first ICO(Initial Coin Offering) on Huobi Prime Top Network was a great success. The tokens are sold out in a blink of an eye. A total of 1.5 billion TOP tokens were sold during the ICO. The average time for a successful order is 1 second. It takes 7 seconds, 5 seconds and 7 seconds respectively in each round to complete.
More than 130,000 users across the world participated in the ICO, only 3764 people have purchased. This was the first ICO on Huobi exchange. This was a first come first serve ICO and have three different rounds. TOP network is now trading around 8-9 times of ICO price in USDT.
After the success of TOP Network Huobi exchange is announced the date of the second ICO coming on Huobi Prime. The second Prime Trading project is scheduled to launch on April 16 (GMT+8). Due to the huge demand, Huobi comes up with a new idea that is fair enough (according to Huobi).
Users must hold a minimum of 500 HT (Huobi Token) over a period of 30 days. The snapshot is taken daily to ensure that only genuine users take part in the ICO. If a user doesn’t have enough HT (500 HT) now, he can still increase the holdings and be a part of the ICO.
The details of the second project are soon realised by Huobi. Several upgrades will be made to the Huobi Prime trading platform. A lot of users complaining about that the website shows unknown errors and very slow at the time of ICO.
For Latest Updates from the Huobi Global team join the telegram channel and subscribe Bitcoinik Newsletter.
Earlier today United States-based cryptocurrency exchange Kraken makes two-factor authentication (2FA) compulsory in the accounts of exchange’s users.