Huobi BTC Achieves Market Capitalization of $26.53 Million (HBTC)

Huobi BTC (HBTC) traded up 0.2% against the US dollar during the 24 hour period ending at 17:00 PM E.T. on August 20th. Over the last seven days, Huobi BTC has traded up 1.7% against the US dollar. Huobi BTC has a market cap of $26.53 million and approximately $259.52 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can now be purchased for about $27,368.16 or 0.46042607 BTC on popular exchanges.

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

• 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 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 4.4% against the dollar and now trades at $0.0150 or 0.00000025 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 3.6% lower against the dollar and now trades at $0.0450 or 0.00000076 BTC.

Huobi BTC Profile

Huobi BTC’s launch date was February 14th, 2020. Huobi BTC’s total supply is 969 tokens. The Reddit community for Huobi BTC is https://reddit.com/r/huobiglobal and the currency’s Github account can be viewed here. 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. 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 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, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Huobi BTC using one of the aforementioned exchanges.

HBTC/USD price chart by TradingView