Huobi Global Launches ‘Huobi Chat’ to Rival Telegram Messenger, to Feature Crypto News and Gaming

Huobi Global Launches Telegram Competitor

Huobi Global owns the largest cryptocurrency exchange based on trading volume. The platform recently launched its own social media platform, called Huobi Chat, which is a new decentralized messaging app that is similar to cloud-based instant messaging app Telegram.

Huobi Chat’s launch page describes the application as boating several features such as free messaging, secure data transfer, payment systems, market data, news and even gaming functionality.

The promote growth of the platform, Huobi aims to leverage the notion that “socializing is mining.” Meaning, users will be incentivized to join the platform through monetary gain. The platform has also introduced HCT, or Huobi Chat Token, which is the platform’s unit of incentivization. Users can receive HCT to promote the platform and for completing certain tasks.

Like Telegram, Huobi Chat works seamlessly on various devices, such as Android, iOS, Windows, and Mac. Currently, the platform is one of the most popular companies in the crypto industry and it can gain from top-level functionality and security. The platform’s token HT is ranked 6th in the AltDex Exchange Index (ALTEXC).

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