Dear users,
To meet the needs of our users, trading in HIVE/USDT on HBTC will start on 11:30, 27 April 2020, Singapore Time (UTC+8).
Deposits and withdrawals are temporarily closed. Functions will be made available on users demand.
Trading for HIVE/USDT pair listed on HBTC is an aggregate transaction. This means that when a user buys and/or sells HIVE on HBTC, our system will automatically place the same buy and/or sell order on other exchanges. Therefore, our user is assured that the assets purchased through this process are all real assets in full reserves.
Aggregate trading is commonly used in the trading industry. The purpose of HBTC aggregate trading is mainly to provide our users with access to new and popular assets.
HBTC aggregate trading system uses a local and an external order matching mechanism with transaction speed and user experience that are similar to that of placing an order on other trading pairs on HBTC.
Due to the unknown demand for deposits and withdrawals, HBTC will not consider HIVE wallet integration for the time being. Users who wish to withdraw HIVE can do so by converting your HIVE to USDT, HUSD or BTC for withdrawal.
Name of Project: Hive (HIVE)
Project Introduction
Hive is a Graphene-based social blockchain launched in March 2020 with the main purpose being decentralization. Hive's key selling points are its true decentralization, speed and scalability. Other notable features include having the lowest entry-barrier for user adoption in the market, time delay security, integrated token allocation and the upcoming Smart Media Token integration. It is an ideal building location for a variety of innovative projects that focus on a broad range of fields from open source development to social gaming. Hive aims to be the preferred blockchain for dApp development.
Project Overview:
Total Supply: 389,268,895
Token in Circulation: 350,345,630
Project Links:
Website: https://hive.io/
Block Explorer: https://hiveblocks.com/
Whitepaper: TBA
Risk Warning:
Digital assets are electronic investment products with high volatility. We encourage our users to make rational judgement on your investments and to invest carefully. Please seek advise from your professional investment advisor.
Sincerely,
HBTC Team
27 April 2020