Huobi BTC (HBTC) Achieves Market Capitalization of $77.17 Million

Huobi BTC (HBTC) traded flat against the US dollar during the 24-hour period ending at 12:00 PM Eastern on July 11th. Huobi BTC has a market cap of $77.17 million and $575.58 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can currently be purchased for approximately $52,907.03 or 0.82763909 BTC on popular cryptocurrency exchanges. Over the last seven days, Huobi BTC has traded up 1.3% against the US dollar.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0.7% against the dollar and now trades at $64,256.02 or 1.00129691 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.4% against the dollar and now trades at $63,861.48 or 0.99846490 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Huobi BTC

Huobi BTC launched on February 14th, 2020. Huobi BTC’s total supply is 1,459 tokens. Huobi BTC’s official Twitter account is @hbtc_official and its Facebook page is accessible here. Huobi BTC’s official website 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 message board 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. Telegram, Facebook, LinkedIn, RedditWhitepaper”

Buying and Selling Huobi BTC

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

HBTC/USD price chart by TradingView