Huobi BTC (HBTC) Achieves Market Capitalization of $284.92 Million

Huobi BTC (HBTC) traded down 4.5% against the US dollar during the 1-day period ending at 9:00 AM ET on April 24th. One Huobi BTC token can currently be purchased for about $31,765.96 or 0.48020945 BTC on major cryptocurrency exchanges. Huobi BTC has a total market cap of $284.92 million and approximately $26,035.12 worth of Huobi BTC was traded on exchanges in the last day. In the last seven days, Huobi BTC has traded 33.2% higher against the US dollar.

Here is how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 0.8% against the dollar and now trades at $0.34 or 0.00000514 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.9% higher against the dollar and now trades at $0.0090 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Huobi BTC

Huobi BTC was first traded on February 14th, 2020. Huobi BTC’s total supply is 8,969 tokens. 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. 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.”

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 Changelly, Gemini or Coinbase. 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