2019 was a busy year for many crypto startups with many brand new projects popping up every day. In a way, the ERC20 protocol has made it trivial for anyone to create a token and along with the ease came a load of symbol clashes.
Try searching any 3 letter symbol on Etherscan and you are bound to find a couple of projects under the same symbol.
Although there have been many amazing projects in 2019, there have also been a few not so amazing ones and before the year ends at bitHolla we've decided to change the trading symbol for the HollaEx token to XHT.
This symbol change is a follow up of what we did with the 'HollaEx Kit' which was previously called 'HEX exchange kit' and to follow through we are also ridding of the HEX symbol from the HollaEx token and will now use XHT.
This will provide a fresh slate for the token to be traded without clashing with other tokens under the same symbol.
Besides finding a few other clashes under the symbol we, unfortunately, found that the HEX symbol to be associated with a controversial project that could create confusion when listing the HollaEx token on other exchanges.
For that reason, we are changing the HollaEx token trading symbol from HEX to XHT which uses the X currency style symbol and symbolizes HollaEx token clearer.
What do I need to do?
We will be reissuing the existing tokens through HollaEx.com which means if you previously held the HollaEx tokens on the HollaEx.com exchange you won't need to do anything. Tokens will be reissued to your wallet and changed to XHT.
HollaEx.com opening and Wave Auction rescheduled to 1st Jan 2020
To get everything in order for this big change we are required to postpone the HollaEx.com exchange opening and along with that the Wave Auction public sale for the HollaEx token (XHT) which was previously set for Wednesday 18th. The new date for both events will now be set to 1st January 2020.
As a first of its kind in the market, the HollaEx Kit and the HollaEx token will continue to empower token creators to launch and own their exchange with easy and cost-effective DIY solutions.
From creating a trading interface to launching a public sale for your project, the HollaEx token will provide the fuel needed to use future-proofed financial technologies. Try the HollaEx Kit today by downloading it here and to obtain the HollaEx token go to the official exchange HollaEx.com signup and make a deposit and start placing bids today.