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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

Australia Market Stats

Market cap

A$289.4M

Volume (24h)

A$114,982.74

Circulating supply

9.0K HBTC

All time high

A$99,076.33

Price change (1h)

+1.25%

Price change (24h)

-15.98%

Price change (7d)

-28.76%

Australia News about Huobi BTC

Bitcoin Magazine • Apr 29, 24

MicroStrategy Bought 122 Bitcoin In April, Now Holds 214,400 BTC

MicroStrategy now holds 214,400 bitcoins at an average purchase price of $35,180 per BTC.

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DL News • Apr 29, 24

These four experts say they’re bullish amid Bitcoin ETF inflow lull: Finance giants ‘slowly wading in’

Bitcoin ETFs have suffered net outflows for the third week in a row, but investors have no reason to worry, ETF experts say.

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CoinDesk • Apr 29, 24

Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

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DL News • Apr 29, 24

Scroll slashes fees by 75%, but will that be enough to draw new users?

Scroll enabled blobs, reducing fees to $0.15, and saw deposits hit new highs on the back of its recent point programme.

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BeInCrypto • Apr 29, 24

Friend.tech V2 and Crypto Airdrop Set to Launch This Thursday

Set for launch this Thursday, Friend.tech's V2 introduces innovative features aimed at revitalizing user engagement and financial interaction on the decentralized social platform.The post Friend.tech V2 and Crypto Airdrop Set to Launch This Thursday appeared first on BeInCrypto.

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CoinDesk • Apr 29, 24

Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs

Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.

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Huobi BTC is on the decline this week.

The price of Huobi BTC has increased by 1.25% in the last hour and decreased by 15.98% in the past 24 hours. Huobi BTC’s price has also fallen by 28.76% in the past week. The current price is A$32,259.75 per HBTC with a 24-hour trading volume of A$114.98K. Currently, Huobi BTC is valued at 67.44% below its all time high of A$99,076.33. 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 AUD 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 A$289.35M. 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 A$99,076.33. 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 A$114.98K.

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.

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