Liquidity is one of the key elements for investors to choose investment targets, and also an important indicator to measure the stability of assets in the secondary market. Projects with better liquidity mean greater investment value and provide investors with better trading experience. Mostly, the liquidity is now provided by project issuers or market makers which is lacked community participation.
Based on the above reasons, HBTC is about to launch the "Liquidity Crowdfunding Listing Plan", for attracting professional traders in the community to participate in, solve the liquidity insufficiency and provide traders with good trading experience.
1. The participated HBTC Warriors exceeded 5 members and participated in liquidity funding is more than 20,000 USDT will be qualified for the listing queue.
2. The evaluation period is minimum 3 months from the listing, within evaluation period, HBTC Warriors need to fulfill:
- Daily trading volume ≥50,000 USDT
- Bid/Ask spread ≤1%
The above final interpretation right belongs to the HBTC Exchange. If there are supplements or changes to the terms, the subsequent announcement shall prevail.
June 2, 2020