Background Introduction

Currently, there is a growing demand for cryptofinance from institutions and investors worldwide. This trend not only reshapes people's thinking about finance but also brings about substantial changes within the industry.

Joyce Chang once stated, "The market focuses on the rise of Bitcoin, but the real economic and exciting action lies in the new digital hegemony battle between banks and fintech companies."

In recent years, as blockchain technology gains favor among traditional financial institutions and enterprises, more and more companies have started investing significant funds to participate in this field. Furthermore, the collaboration between fintech startups and traditional financial giants is becoming increasingly close, offering exploratory solutions for the future integration of these two sectors.

Against this backdrop, HabitTrade has emerged with a mission to break down the barriers between traditional finance and cryptofinance and create a cross-ecosystem trading platform.

HabitTrade: An Integrated Trading Platform for Web2 and Web3

HabitTrade is a comprehensive trading platform that connects Web2 and Web3, aiming to explore a compliant path that integrates traditional finance and digital currencies.

HabitTrade has perfected the model of blockchain + financial investment, breaking down centralized limitations to a certain extent while avoiding cumbersome conversion processes. It has also established a global single-account multi-asset system.

Habit enables users from both Web2 and Web3 to invest in a more efficient, flexible, and convenient manner. Users can invest in international stocks and digital currencies through Habit's trading marketplace, which includes various trading instruments such as stocks, ETFs, options, futures, and funds.

In the field of blockchain technology, Habit collaborates with industry giants like Coinbase and has become the first compliant cryptocurrency exchange to be listed on NASDAQ. In the initial stages of the collaboration, Habit offers global users access to three digital assets: Bitcoin, Ethereum, and Tether.

By registering and opening an account on Habit, users can directly trade U.S. stocks, Hong Kong stocks, and digital currency assets from a single account. HabitTrade now supports over 10,000 stocks and ETFs, as well as 200 popular digital assets, with more stocks and cryptocurrencies to be introduced in the future.

Product 1: Habit Account Bound (HAB) Token

Habit Account Bound (HAB) token is the on-chain credential for Habit users. It is a specific type of NFT, commonly referred to as a soul-bound token.

The concept of a soul-bound token refers to a non-transferable token that represents an individual's identity and reputation in Web3. It includes characteristics, qualities, and achievements of individuals or entities.

1.     Token Attributes

As an SBT, the HAB token has three key attributes:

1)      Non-transferable: It cannot be transferred from one address to another.

2)      Revocable: It can be revoked by the issuer.

3)      One UID can only possess one HAB token within a single chain network.

2.     Ownership Benefits

1)      HAB token holders will receive a 60-day VIP 1 membership, which grants them trading fee discounts when buying and selling stocks and cryptocurrencies.

2)      They may also be eligible for community airdrops, including stocks, cryptocurrencies, NFTs, etc. (exact timing to be determined).

3)      They gain access to loan services on Habit.

4)      They can utilize Habit Earn to generate passive income from their cryptocurrency holdings.

Product 2: Combo Master

To enhance the user experience in trading and discover experienced traders, Habit has launched the Combo Master program.

Investors who have a proven track record of profitable cryptocurrency and stock investments can apply for early access to the Combo Master program. This allows them to receive additional USDT and credit as profits during bear markets.

To qualify, they simply need to create an investment portfolio through the Habit app, share their trading strategies, and promote their Combo page on social channels such as Twitter, Discord, YouTube, Telegram, etc., to gain followers.

In return, Combo Masters will receive official support from Habit and enjoy the trading benefits of Habit VIP 1.

Furthermore, all subscription fees collected will be counted as income for Combo Masters (fees can be customized). They can also earn additional traffic by showcasing their social profiles.

Product 3: Habit Credits

1.     Credit Rules

Habit Credits is the points system within the Habit ecosystem, which can be used to participate in Credits Events organized by HabitTrade, such as Combo VS. These credits are non-transferable and cannot be refunded or exchanged after they have been used or redeemed.

Habit Credits are valid for at least one year, starting from the date of acquisition until the end of the following year. Expired credits will automatically be invalidated, based on UTC time. If any unauthorized acquisition of credits is detected, HabitTrade reserves the right to cancel the relevant qualifications and clear the credits.

2.     Earning Credits

Users can primarily earn credits through daily check-ins and completing tasks.

1)      Daily Check-in

Users can check-in daily in the Credits Center to earn credits. The first check-in will earn 1 credit. For consecutive check-ins, an additional 1 credit can be earned each day, with a maximum daily limit of 7 credits for consecutive check-ins. If the check-in streak is interrupted, the calculation will restart. Once the daily check-in is completed, the reward credits will be immediately deposited into the account. Check-in tasks will refresh at 00:00 (UTC time) every day.

2)      b) Completing Daily Tasks

Users can also earn credits by trading stocks and cryptocurrencies.

A) Only orders with a value greater than or equal to $20 will earn credits. Every $5 spent will generate 1 credit.

B) Orders with a value less than $20 will not earn credits.

C) If the order value is between $20 and $1,000, the credit reward will be converted proportionally (rounded down).

D) When the order value is $1,000 or more, the maximum credit reward is 200. The maximum number of credits that can be earned through trading per day is 200, and no additional credits will be awarded after reaching the limit.

3)      Special Tasks

Conclusion

In the backdrop of the digital economy era, the rise of blockchain technology and cryptofinance has brought about transformation in the traditional financial industry. As a comprehensive trading platform connecting Web2 and Web3, HabitTrade is committed to breaking down barriers between traditional finance and cryptofinance, providing convenient, efficient, and secure investment services.

By establishing a global single-account multi-asset system and collaborating with industry giants like Coinbase, Habit has become the first compliant cryptocurrency exchange listed on NASDAQ, supporting over 10,000 stocks and ETFs, as well as 200 digital assets. Additionally, the HAB token, Combo Master program, and Habit Credits points system provide users with more benefits and incentives.

Looking ahead, with the continuous development of the digital economy and the advancement of blockchain technology, the integration between traditional finance and cryptofinance will deepen. HabitTrade will continue to explore a compliant path that allows traditional finance and digital currencies to coexist, expand its range of trading instruments and services, and meet the growing demand for cryptofinance from institutions and investors.