World’s Third largest Crypto Exchange Launched Its Own Social Media Platform, Huobi Chat

Huobi, the world’s third-largest cryptocurrency exchange has recently launched the beta version of its new social media platform, Huobi Chat. Huobi Chat is a cryptocurrency social network which will help the crypto enthusiasts to connect with each other and share their views. Now the investors, consumers, and teams within the crypto community will be able to connect with each other.

The official website of Huobi states that Huobi Chat is based on a new business model of “socializing is mining.” the platform is using blockchain encryption technologies and consensus mechanism to connect consumers, teams, and investors. Huobi Chat is built on the advantage of Huobi Group’s social network and its global crypto exchange business. The crypto exchange has already invited over 1200 users on the social media platform.

Huobi Chat offers several features to its users including chain split groups, Huobi Chat Token (HCT), IM Open Platform, and token red packets. Chain split groups will help the founding groups to create subgroups and synchronize the information while HCT is an incentive for users to promote the platform and attract more users. HCT will promote the development of its ecosystem and community.  Token red packets enable the circulation of digital assets and token exchanges within the ecosystem of Huobi Chat.

To compete with other social media platforms, Huobi Chat incorporated several other features such as instant messaging, sharing, communities, payment, barters, market information, games, news, entertainment services, and more. With Huobi Chat, the platform wants to leverage its credibility in the cryptocurrency community, to build a legitimate social media platform. In the announcement, the platform said that the users will get incentives for using and promoting the platform via Huobi Chat Token.

Huobi Chat believes that free communication, fair incentivization, secure transactions, industry-wide communication, and interconnection will be the core competencies of the platform in the future. All these things will make the platform a huge success in the coming years. Huobi, the crypto exchange has millions of users and the platform is expecting that the cryptocurrency community will view the social media platform as an opportunity to communicate and network security.