Key Takeaways:
The cryptocurrency exchange Huobi HTX will make its native token, $HTX, the sole token for deducting trading fees starting April 1, 2026, offering users discounts of up to 25 percent.
The policy change, confirmed in an official announcement by the exchange, will also phase out the ability to use the Tron network's $TRX token for fee payments.
Under the new structure, traders paying fees with the $HTX token will receive a 25 percent discount on spot trading and a 5 percent discount on futures trading. This move replaces the current dual-token option, which included both $HTX and $TRX.
The change is designed to increase the utility and demand for the $HTX token by directly incentivizing its use for cost reduction on the platform. This strategy could create positive price pressure for $HTX, while the removal of a key utility for $TRX on Huobi HTX may negatively affect its demand among the exchange's users.
This strategic shift aligns Huobi HTX with other major exchanges like Binance, which has successfully used its native BNB token in a similar capacity to create a self-reinforcing ecosystem. By making $HTX essential for accessing trading discounts, the exchange creates a direct incentive for users to purchase and hold the token.
The long implementation timeline to 2026 gives the market and users ample time to adjust to the new fee structure. The move is a clear attempt to bolster the value proposition of the $HTX token, which is a critical asset for the exchange's ecosystem. The impact on $TRX is expected to be localized to Huobi HTX users who previously utilized it for fee savings.
This article is for informational purposes only and does not constitute investment advice.
