Huobi BTC (HBTC) Hits Market Capitalization of $206.40 Million

Huobi BTC (HBTC) traded down 0.5% against the US dollar during the twenty-four hour period ending at 18:00 PM ET on May 5th. In the last seven days, Huobi BTC has traded 8.7% lower against the US dollar. One Huobi BTC token can currently be bought for approximately $23,011.23 or 0.36097844 BTC on major exchanges. Huobi BTC has a market cap of $206.40 million and approximately $9,140.19 worth of Huobi BTC was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded up 1.9% against the dollar and now trades at $0.30 or 0.00000477 BTC.
• 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 2.2% lower 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.9% lower against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 8,969 tokens. Huobi BTC’s official Twitter account is @hbtc_official and its Facebook page is accessible here. The official website for Huobi BTC is www.hbtc.finance/en-us. The official message board for Huobi BTC is medium.com/@hbtc_finance. 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.”

Buying and Selling Huobi BTC

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 Changelly, GDAX or Coinbase. 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