The native token of WiFi Map, a platform for WiFi hotspots, has been listed for trading on Huobi. Deposits for the $WIFI token started the day before markets for the token launched on April 12. A major factor in the network of hotspots that WiFi Map provides is the $WIFI token. After OKX and Gate.io, this is the token’s third significant listing in a week.
In Huobi, the $WIFI token and USDT have been matched. The asset would be listed on the world’s top market on April 11, and deposits would start that day. Since it started trading, the WIFI/USDT market has become a significant source of liquidity for individuals looking to learn more about the WiFi Map ecosystem. Unlike many other tokens, $WIFI has a community that has been expanding since 2014 and has now joined Web3, as well as a utility that can be explored within the app.
The global wireless network that WiFi Map is constructing relies heavily on the $WIFI utility token. By including public WiFi hotspots, users can gain tokens. Also, they might get paid for validating networks and get money back when they exchange tokens for eSIM mobile data.
Users of WiFi Map will soon be able to offer tips for those who have added hotspots in the form of $WIFI tokens. This encourages the development of a “pay it forward” culture among users, enhancing WiFi Map’s network effects. Users will soon be able to earn mobile data that can be used when travelling in more than 70 countries if they have the $WIFI token in their wallet.
This month, Huobi is the third significant exchange to list $WIFI. The token was added for trade on OKX on April 7; on April 9, it was listed on Gate.io.