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Huobi BTC

HBTC

Price
$19,455.69
9/29/2022, 11:21:18 AM
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Market

Market stats

Market cap

$756.3M

Volume (24h)

$187,164.56

Circulating supply

39.0K HBTC

All time high

$68,764.20

Price change (1h)

-0.18%

Price change (24h)

+2.97%

Price change (7d)

+2.05%

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Huobi BTC is on the rise this week.

The price of Huobi BTC has risen by 2.05% in the past 7 days. The price increased by 2.97% in the last 24 hours. In just the past hour, the price shrunk by 0.18%. The current price is $19,455.687073 per HBTC. Huobi BTC is 71.71% below the all time high of $68,764.20.

The current circulating supply is 38,969.497 HBTC.

About

What Is Huobi BTC (HBTC)?

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:

  • Open and Transparent - All exchange details are published on H-Tokens' official websites, wherein anyone can freely initiate an audit of H-Tokens.

  • High-speed and low cost - H-Tokens as a lending and withdrawal channel offers transaction confirmation time to be reduced to five minutes or less, and the handling fee is also lowered.

  • Multi-Agency Service - With multi-agency service, users can choose an agency to transfer their assets conveniently.

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.

History of Huobi BTC (HBTC)

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

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FAQ

What is the current price of Huobi BTC?

The price of 1 Huobi BTC currently costs $19,455.69.

What is the market cap of Huobi BTC?

The current market cap of Huobi BTC is $756.33M. 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 $68,764.20. 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 $187.16K.

What other assets are similar to Huobi BTC?

Assets that have a similar market cap to Huobi BTC include Zcash, IOTA, BitTorrent, 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 39 thousand.

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