Huobi BTC Achieves Market Capitalization of $28.34 Million (HBTC)

Huobi BTC (HBTC) traded 2.5% higher against the dollar during the 24 hour period ending at 22:00 PM E.T. on August 25th. In the last week, Huobi BTC has traded 7.5% higher against the dollar. One Huobi BTC token can currently be purchased for about $29,227.81 or 0.45658143 BTC on major exchanges. Huobi BTC has a total market cap of $28.34 million and approximately $5,029.73 worth of Huobi BTC was traded on exchanges in the last 24 hours.

Here is 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 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.
• MVP Coin (MVP) traded up 4.2% against the dollar and now trades at $0.0622 or 0.00000096 BTC.
• P2P Solutions foundation (P2PS) traded down 0.4% against the dollar and now trades at $157.51 or 0.00246049 BTC.

About Huobi BTC

Huobi BTC’s launch date was February 14th, 2020. Huobi BTC’s total supply is 969 tokens. The official message board for Huobi BTC is medium.com/@hbtc_finance. 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. 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 purchase alternative cryptocurrencies such as Huobi BTC directly using US dollars. Investors seeking to acquire Huobi BTC should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Huobi BTC using one of the exchanges listed above.

HBTC/USD price chart by TradingView