Huobi Global Announced The Debut Of Its Primelist Event

Huobi Global, one of the world’s largest digital asset exchanges, today announced the debut of its Primelist event, which will provide institutional and individual investors with a one-of-a-kind opportunity to participate in fresh blockchain projects. Immutable X (IMX) tokens, a solution for NFTs on the Ethereum blockchain, will be available at this Primelist event.

“Our previous Prime and Prime Pool events attracted many participants from around the world. We’re building on these experiences, and offering another opportunity for investors to access cutting-edge, early-stage projects,” said head of listing and blockchain investments.

Huobi Primelist is an upgraded version of Huobi Prime that allows investors to access new crypto projects with specific pricing incentives in a simple and convenient manner. Users will be able to purchase new assets on Huobi Primelist starting at 11:00 a.m. (London time) on November 5 by queuing for numbered tickets or holding Huobi Tokens. Users that sign up through one of the two channels will be placed in one of two asset pools, each of which will hold 0.3 percent of the total new token supply (6,000,000 tokens).

“Our previous Prime and Prime Pool events attracted many participants from around the world. We’re building on these experiences, and offering another opportunity for investors to access cutting-edge, early-stage projects,” said head of listing and blockchain investments.

“HT and USDT holders can purchase new assets directly with USDT, without being required to stake a certain number of tokens in advance as in previous promotions. In addition, the creation of two separate new-token pools ensures that all HT holders who join the event can acquire new tokens,” added Ms. Sun.

Huobi’s attempts to give back to its community, as well as its aspirations to expand its existing Huobi Token ecosystem, are reflected in the debut of the Primelist event. Immutable X (IMX), the first Layer 2 scaling solution for NFTs on Ethereum, will be the first token to be listed on Primelist. Instant trade confirmations, huge scalability (up to 9,000 TPS+), and no gas prices are all features of this solution.

“Many of the investors from our previous Prime-series events were happy with their rewards, so we’re excited to keep the momentum going and use Primelist to introduce more opportunities to the community,” added Ciara.

Huobi Primelist Event Details

Method 1: On November 5, users with a minimum of 200 USDT can purchase IMX tokens via queuing. 2400 lucky individuals with numbered tickets ranging from 1 to 2400 will receive 200 USDT worth of IMX tokens.

Method 2: Users with a minimum average of 300 HT between 17:00:00 (London time) on November 1 and 16:59:59 (London time) on November 4 will be allowed to buy new assets on November 5. Based on the formula below, the system will automatically execute the orders and distribute fresh assets to each participant:

*The number of new assets distributed to each user = The order amount of a participant (USDT) /the order amount of all participants(USDT)* The number of new assets offered by the platform

How to Participate

Users can enter the event by simply logging in on the event website and purchasing new assets with HT and USDT. Users will be able to trade IMX on Huobi Global one hour after the promotion finishes. Click here to discover more about the promotion.

About Huobi Group

Huobi Group is a global leader in blockchain and cryptocurrency technology, with a financial product suite that includes the world’s largest digital asset exchange in terms of liquidity and real-time trading volume. The Huobi platform is dedicated to enhancing financial freedom and inclusive access for all users, and it is trusted by users in over 170 countries. Huobi has an unrivalled variety of cryptocurrency products and services. This encompasses trading and financial products, cryptocurrency and blockchain financial infrastructure solutions, education, data and research, social welfare, investment and incubation, and much more.

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