Huobi BTC (HBTC) Hits Market Cap of $83.81 Million

by · The Markets Daily

Huobi BTC (HBTC) traded flat against the U.S. dollar during the 1-day period ending at 13:00 PM ET on January 8th. During the last week, Huobi BTC has traded flat against the U.S. dollar. One Huobi BTC token can currently be bought for approximately $57,459.75 or 0.57558406 BTC on major 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.

Here’s how similar cryptocurrencies have performed during 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 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.
  • SolvBTC (SOLVBTC) traded 0.7% lower against the dollar and now trades at $90,832.75 or 0.99641670 BTC.
  • Lumi Credits (LUMI) traded up 8.9% 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 Token Profile

Huobi BTC’s genesis date was February 14th, 2020. Huobi BTC’s total supply is 1,459 tokens. Huobi BTC’s official message board is medium.com/@hbtc_finance. 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. The official website for Huobi BTC 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.”

Huobi BTC Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Huobi BTC directly using U.S. dollars. Investors seeking to acquire Huobi BTC should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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