Huobi BTC Reaches Market Cap of $270.78 Million (HBTC)

Huobi BTC (HBTC) traded 2.4% lower against the US dollar during the one day period ending at 0:00 AM Eastern on April 25th. Huobi BTC has a total market cap of $270.78 million and $31,426.19 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can now be bought for approximately $30,188.99 or 0.46976602 BTC on popular cryptocurrency exchanges. During the last seven days, Huobi BTC has traded up 35.7% against the US dollar.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 3% against the dollar and now trades at $0.32 or 0.00000503 BTC.
• 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 2.2% lower 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.
• 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 3.5% higher against the dollar and now trades at $0.0093 or 0.00000015 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 was first traded on February 14th, 2020. Huobi BTC’s total supply is 8,969 tokens. Huobi BTC’s official message board is medium.com/@hbtc_finance. Huobi BTC’s official website is www.hbtc.finance/en-us. 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 Twitter account is @hbtc_official and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to acquire Huobi BTC should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Huobi BTC using one of the exchanges listed above.

HBTC/USD price chart by TradingView