Huobi BTC (HBTC) Price Reaches $57,459.75 on Major Exchanges

Huobi BTC (HBTC) traded flat against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on December 7th. One Huobi BTC token can now be bought for about $57,459.75 or 0.57558406 BTC on cryptocurrency exchanges. Huobi BTC has a market capitalization of $83.81 million and $35.42 thousand worth of Huobi BTC was traded on exchanges in the last day. In the last week, Huobi BTC has traded flat against the U.S. dollar.

Here is how similar cryptocurrencies have performed in 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded up 1.4% against the dollar and now trades at $90,913.91 or 0.99787960 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 1,459 tokens. The Reddit community for Huobi BTC is https://reddit.com/r/huobiglobal and the currency’s Github account can be viewed here. The official message board for Huobi BTC is medium.com/@hbtc_finance. 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.

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 currently possible to purchase alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to trade Huobi BTC should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Huobi BTC using one of the exchanges listed above.

HBTC/USD price chart by TradingView