Huobi BTC (HBTC) Market Capitalization Tops $33.15 Million

Huobi BTC (HBTC) traded down 1.6% against the US dollar during the 24 hour period ending at 0:00 AM ET on June 25th. One Huobi BTC token can now be purchased for approximately $34,193.54 or 0.55224650 BTC on exchanges. Over the last seven days, Huobi BTC has traded 3.6% higher against the US dollar. Huobi BTC has a market cap of $33.15 million and approximately $10,195.57 worth of Huobi BTC was traded on exchanges in the last day.

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

• KILT Protocol (KILT) traded up 1.7% against the dollar and now trades at $0.21 or 0.00000336 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 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 2.1% against the dollar and now trades at $0.0111 or 0.00000018 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Huobi BTC Token Profile

Huobi BTC was first traded on February 14th, 2020. Huobi BTC’s total supply is 969 tokens. Huobi BTC’s official message board is medium.com/@hbtc_finance. The official website for Huobi BTC 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 currently possible to buy alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to trade Huobi BTC should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Huobi BTC using one of the aforementioned exchanges.

HBTC/USD price chart by TradingView