Huobi BTC (HBTC) Price Up 7.9% Over Last Week

Huobi BTC (HBTC) traded 0.2% lower against the US dollar during the 1-day period ending at 0:00 AM ET on May 6th. During the last seven days, Huobi BTC has traded up 7.9% against the US dollar. Huobi BTC has a total market capitalization of $206.60 million and $3,620.31 worth of Huobi BTC was traded on exchanges in the last 24 hours. One Huobi BTC token can now be bought for approximately $23,033.40 or 0.36314697 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 1.1% lower against the dollar and now trades at $0.30 or 0.00000472 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 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1.6% lower against the dollar and now trades at $0.0098 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’s launch date was February 14th, 2020. Huobi BTC’s total supply is 8,969 tokens. The official message board for Huobi BTC 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.”

Buying and Selling Huobi BTC

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