Huobi BTC (HBTC) Achieves Market Cap of $28.23 Million

Huobi BTC (HBTC) traded up 0.9% against the dollar during the one day period ending at 13:00 PM ET on June 16th. During the last week, Huobi BTC has traded up 15.4% against the dollar. Huobi BTC has a market capitalization of $28.23 million and $281.51 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can now be purchased for about $29,119.58 or 0.43771120 BTC on major exchanges.

Here is how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded down 1.7% against the dollar and now trades at $0.22 or 0.00000330 BTC.
  • 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.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.3% against the dollar and now trades at $0.0103 or 0.00000016 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Huobi BTC Profile

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

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.”

Huobi BTC Token Trading

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

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