Huobi BTC (HBTC) Market Capitalization Reaches $203.68 Million

Huobi BTC (HBTC) traded 2% lower against the U.S. dollar during the 1 day period ending at 15:00 PM Eastern on May 8th. Over the last seven days, Huobi BTC has traded 6.3% lower against the U.S. dollar. Huobi BTC has a total market cap of $203.68 million and approximately $6,626.19 worth of Huobi BTC was traded on exchanges in the last day. One Huobi BTC token can currently be purchased for approximately $22,708.50 or 0.36313987 BTC on exchanges.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 1.6% lower against the dollar and now trades at $0.30 or 0.00000473 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 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 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 up 2.7% against the dollar and now trades at $0.0103 or 0.00000016 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’s launch date was February 14th, 2020. Huobi BTC’s total supply is 8,969 tokens. 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. Huobi BTC’s official message board 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.

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 purchase alternative cryptocurrencies such as Huobi BTC directly using U.S. dollars. Investors seeking to trade Huobi BTC should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Huobi BTC using one of the aforementioned exchanges.

HBTC/USD price chart by TradingView