Huobi BTC (HBTC) Market Cap Achieves $83.81 Million

Huobi BTC (HBTC) traded flat against the U.S. dollar during the one day period ending at 12:00 PM E.T. on November 25th. One Huobi BTC token can currently be bought for about $57,459.75 or 0.57558406 BTC on cryptocurrency exchanges. In the last seven days, Huobi BTC has traded flat against the U.S. dollar. Huobi BTC has a market cap of $83.81 million and $35.42 thousand worth of Huobi BTC was traded on exchanges in the last 24 hours.

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

• 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 2.2% lower 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 up 0.4% against the dollar and now trades at $86,907.40 or 0.99815248 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Huobi BTC Token Profile

Huobi BTC launched on February 14th, 2020. Huobi BTC’s total supply is 1,459 tokens. 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. Huobi BTC’s official message board is medium.com/@hbtc_finance.

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 possible to buy alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to trade Huobi BTC should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini 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