Huobi BTC (HBTC) Hits Market Cap of $26.79 Million

Huobi BTC (HBTC) traded 5.6% lower against the US dollar during the one day period ending at 13:00 PM Eastern on August 5th. Huobi BTC has a total market cap of $26.79 million and approximately $16,282.58 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can currently be bought for about $27,634.29 or 0.50676828 BTC on popular cryptocurrency exchanges. Over the last week, Huobi BTC has traded 2.4% lower against the US dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 4% against the dollar and now trades at $0.0119 or 0.00000022 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6.9% lower against the dollar and now trades at $0.0646 or 0.00000119 BTC.

Huobi BTC Profile

Huobi BTC was first traded on February 14th, 2020. Huobi BTC’s total supply is 969 tokens. The official website for Huobi BTC is www.hbtc.finance/en-us. The Reddit community for Huobi BTC is https://reddit.com/r/huobiglobal and the currency’s Github account can be viewed here. Huobi BTC’s official Twitter account is @hbtc_official and its Facebook page is accessible here. The official message board for Huobi BTC is medium.com/@hbtc_finance.

According to CryptoCompare, “Launched by Huobi Global and deployed on the Ethereum network, Huobi BTC (HBTC) token aims to promote the growth of the decentralized marketplace by injecting Bitcoin (BTC), the largest and most liquid asset, into the decentralized finance (DeFi) eco-system. HBTC maintains a strict, asset-backed 1:1 peg to BTC. Every 1HBTC issued will be fully backed by the same BTC asset quantity to ensure users can perform a 1:1 exchange between HBTC and BTC at any time.”

Buying and Selling Huobi BTC

It is usually not possible to purchase alternative cryptocurrencies such as Huobi BTC directly using U.S. dollars. Investors seeking to trade Huobi BTC should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Huobi BTC using one of the aforementioned exchanges.

HBTC/USD price chart by TradingView