Huobi BTC (HBTC) Achieves Market Cap of $206.60 Million

Huobi BTC (HBTC) traded down 0.2% against the US dollar during the twenty-four hour period ending at 0:00 AM ET on May 6th. In the last week, Huobi BTC has traded 7.9% higher against the US dollar. Huobi BTC has a market capitalization of $206.60 million and approximately $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 about $23,033.40 or 0.36314697 BTC on popular exchanges.

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

  • KILT Protocol (KILT) traded down 1.1% against the dollar and now trades at $0.30 or 0.00000472 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% 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 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Huobi BTC

Huobi BTC launched on 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 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. 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.”

Huobi BTC Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Huobi BTC directly using U.S. dollars. Investors seeking to acquire Huobi BTC should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Huobi BTC using one of the aforementioned exchanges.

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