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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

Market stats

Market cap

$192.5M

Volume (24h)

$16,352.26

Circulating supply

9.0K HBTC

All time high

$65,052.47

Market performance

Price change (1h)

-0.08%

Price change (1d)

-3.64%

Price change (1w)

-9.22%

Price change (2w)

-23.71%

Price change (1m)

-29.18%

Price change (1y)

-20.34%

News about Huobi BTC

The Block • May 10, 24

Mark Cuban slams SEC’s Gary Gensler, says ‘crypto voters will be heard’ in the 2024 election

"Crypto is a mainstay with younger and independent voters," Mark Cuban wrote in a Friday social media post.

Read more

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BeInCrypto • May 10, 24

Layer3 Foundation to Launch L3 Token This Summer

Layer3 Foundation introduces its L3 token, enhancing Web3 governance across 545 ecosystems. This initiative promises significant community empowerment and progressive decentralized governance.The post Layer3 Foundation to Launch L3 Token This Summer appeared first on BeInCrypto.

Read more

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BeInCrypto • May 10, 24

VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’

VELO, recognized as the "XRP of Southeast Asia," has seen a significant surge, with a 358% increase in value and enhancements in cross-border payments through smart contracts.The post VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’ appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

Ondo Finance to Launch RWA Payment Network

Ondo Finance and Zebec Network have partnered to innovate real-time payroll solutions using blockchain technology, enhancing efficiency and financial stability for businesses globally.The post Ondo Finance to Launch RWA Payment Network appeared first on BeInCrypto.

Read more

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BeInCrypto • May 10, 24

Alan Scott Explains Why Vitalik Buterin Endorsed Railgun

Vitalik Buterin's endorsement of Railgun highlights its privacy-focused innovations in DeFi, leveraging zk-SNARKs and upcoming updates to ensure secure, private transactions.The post Alan Scott Explains Why Vitalik Buterin Endorsed Railgun appeared first on BeInCrypto.

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Bitcoin Magazine • May 10, 24

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows.

Read more

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Huobi BTC is on the decline this week.

The price of Huobi BTC has decreased by 0.08% in the last hour and decreased by 3.64% in the past 24 hours. Huobi BTC’s price has also fallen by 9.22% in the past week. The current price is $21,458.24 per HBTC with a 24-hour trading volume of $16.35K. Currently, Huobi BTC is valued at 67.01% below its all time high of $65,052.47. 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 USD 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 $192.47M. 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 $65,052.47. 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 $16.35K.

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.