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About Huobi BTC

Huobi Global is a platform that has launched the H-token series, a suite of assets on Ethereum backed by cryptocurrencies from other blockchainsHBTC, the native token of Huobi BTC, can be described as an Ethereum-based token that can be 1:1 exchanged for BTC.

HBTC aims to be the bridge between centralized and decentralized finance and aims to ensure that users won’t mislay the value of BTC while enjoying the benefits of Ethereum. Today, around 5,000 HBTC have been minted, and these tokens enable users to access decentralized protocols such as Curve, Balancer, Uniswap, Nest, and ForTube in a seamless way.

H-token series issuance allows more users in the crypto world to benefit from DeFi, promote the growth of Ethereum-based assets, and accelerate the Ethereum DeFi ecosystem. To redeem the H-token, agencies must comply with the relevant laws and regulations applied to obtain independent chain and Ethereum addresses in the H-Tokens project.

Some of the features of H-tokens are outlined below:

Suppose a situation wherein any agency needs to obtain HBTC. In that case, they need to transfer to the Bitcoin address of HBTC, and the HBTC asset management system notifies the transfer and automatically mints the same number of HBTC to the corresponding HBTC address. Also, when the agency needs to exchange HBTC for BTC, they only need to transfer to the Bitcoin address of HBTC. The HBTC asset management system notifies the transfer and automatically mint the same number HBTC to the corresponding HBTC address.

As per the whitepaper, HBTC was launched in February 2020.

Market

France Market Stats

Market cap

€177.7M

Volume (24h)

€338.21

Circulating supply

9.0K HBTC

All time high

€60,364.09

France Market performance

Price change (1h)

+0.06%

Price change (1d)

-0.33%

Price change (1w)

-7.07%

Price change (2w)

-15.72%

Price change (1m)

-29.66%

Price change (1y)

-19.87%

France News about Huobi BTC

BeInCrypto • May 12, 24

Crypto Whales Sell $5.46 Million Worth of Tellor (TRB): Price Impact

Crypto whales have sold $5.46 million of Tellor (TRB), potentially affecting its price. Yet, the market shows resilience, with TRB possibly reaching $232 despite these sales.The post Crypto Whales Sell $5.46 Million Worth of Tellor (TRB): Price Impact appeared first on BeInCrypto.

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DL News • May 12, 24

Tether plans to invest more in CityPay.io to boost Eastern European expansion

Tether CEO aims to drive adoption of cutting-edge technologies that disrupt traditional payment systems.

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DL News • May 12, 24

Bitcoin miner CleanSpark records ‘record-breaking’ quarter amid crypto rally

The Bitcoin miner reported strong earnings amid rally as it positioned itself for the halving.

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Decrypt • May 11, 24

A Crypto Startup Founder’s Diary

In this occasional series, Brother Bing takes us inside “MegaETH,” a company she co-founded that aims to make Ethereum more user friendly.

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BeInCrypto • May 11, 24

Justin Sun’s $30 Million EIGEN Holdings Spotlighted as EigenLayer Airdrop Kicks Off

Ethereum restaking protocol EigenLayer's token allocation draws community attention as Justin Sun receives $30 million worth of EIGEN.The post Justin Sun’s $30 Million EIGEN Holdings Spotlighted as EigenLayer Airdrop Kicks Off appeared first on BeInCrypto.

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The Block • May 11, 24

Victim of $71 million ‘address poisoning’ attack recovers funds following negotiations

Though the victim initially offered the attacker a 10% bounty, it appears that all recoverable funds have been returned.

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Huobi BTC is on the decline this week.

The price of Huobi BTC has increased by 0.06% in the last hour and decreased by 0.33% in the past 24 hours. Huobi BTC’s price has also fallen by 7.07% in the past week. The current price is €19,816.94 per HBTC with a 24-hour trading volume of €338.21. Currently, Huobi BTC is valued at 67.17% below its all time high of €60,364.09. This all-time high was the highest price paid for Huobi BTC since its launch.

The current circulating supply of Huobi BTC is 8,969.487 HBTC which means that Huobi BTC has as total market cap of 8,969.487.

FAQ

What is the current price of Huobi BTC?

We update our Huobi BTC to EUR currency in real-time. Get the live price of Huobi BTC on Coinbase.

What is the market cap of Huobi BTC?

The current market cap of Huobi BTC is €177.75M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Huobi BTC?

The all-time high of Huobi BTC is €60,364.09. This all-time high is highest price paid for Huobi BTC since it was launched.

What is the 24 hour trading volume of Huobi BTC?

Over the last 24 hours, the trading volume of Huobi BTC is €338.21.

What other assets are similar to Huobi BTC?

Assets that have a similar market cap to Huobi BTC include Bounce Token, Huobi Token, LCX, and many others. To see a full list, see our comparable market cap assets.

How many Huobi BTC are there?

The current circulating supply of Huobi BTC is 9 thousand.

Can I buy Huobi BTC on Coinbase?

Yes, Huobi BTC is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Huobi BTC guide.