What is Huobi Rocket Value? How to check your rocket value?

Huobi Rocket Value is a membership benefit launched by Huobi.com, which represents the user’s activity and contribution on Huobi Exchange. The specific calculation method of rocket value includes multiple factors such as user transaction volume, holdings, and invitations to friends. By checking their own rocket value, users can understand their level of activity on Huobi Exchange and enjoy corresponding membership rights and benefits. In the personal center of the Huobi APP or web version, users can easily check their rocket value and understand their status and contribution to the Huobi Exchange. The introduction of Huobi Rocket Value provides users with more transaction and service discounts, which helps to stimulate users' enthusiasm for participation and improve user experience.

What is rocket value?

The rocket value is calculated based on the user’s crypto asset status in the past 30 days. The greater the amount of assets a user has on the platform, the higher the rocket value will be. Specifically, the rocket value is calculated based on the average asset balance in the past 30 days converted into USDT. The conversion ratio is 1 USDT = 1 rocket value.

For example, if you deposit 1000U into your Huobi account on December 1, and do not make any withdrawal operations in the next 30 days, then on December 31, your rocket value will be It will be 1000U. Similarly, if you register a Huobi account on December 11 and deposit 3000U, and then do not perform any transfer operations in the next 20 days, then by December 31, your rocket value will be 2000U.

What is rocket value bonus?

The above case is calculated based on USDT assets. If you hold other tokens, how will the rocket value be calculated? This will involve bonuses and discounts for holding currencies.

Holding TRX and HT will enjoy a 3x bonus, holding BTC and ETH will receive a 1.2x bonus, and holding currencies ranked below 100 in market capitalization will be discounted.

For example, if you hold 1000U worth of HT tokens for 30 days, the rocket value on the 31st day = 1000*3*30/30=3000; if you hold 1000U worth of Bitcoin for 30 days, the rocket value on the 31st day The rocket value=1000*1.2*30/30=1200.

Of course, if there are non-stable coins, price fluctuations need to be considered. As the asset value increases, the rocket value will also increase, and vice versa.

Special circumstances for calculating rocket value

Your valid position assets on the Huobi platform, including spot, contract, financial management, etc., will be calculated as rocket value. It is worth noting that the loan portion does not count as rocket value.

How to check your rocket value?

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