What is Huobi BTC (HBTC)?

HBTC represents Bitcoin in the Ethereum ecosystem. Traditional Bitcoins do not allow to use applications on the Ethereum network, such as decentralized exchanges and lending services. HBTC is an Ethereum token that is backed 1:1 by Bitcoin and allows you to use these applications. The 1:1 backing balances the price between HBTC and BTC. HBTC is maintained by the trading platform Huobi Global.
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HBTC
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Cryptohunt's Opinion

Our take on Huobi BTC

Bitcoin has the major disadvantage that, unlike the Ethereum Blockchain, there is no large ecosystem of applications, such as NFTs, lending protocols or digital exchanges. HBTC gives the possibility to hold a 1:1 backed Bitcoin, but still operate directly in the Ethereum Network. Nevertheless, you should be aware that with HBTC you do not hold a real Bitcoin, but rely on the trading platform Huobi Global.
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What makes Huobi BTC special?
Huobi BTC is a powered by, uses to validate transactions, and is. Huobi BTC also supports.

Interesting facts about Huobi BTC

Here are some facts you may not already know about Huobi BTC. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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HBTC gets maintained by Huobi Global.

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Each HBTC is backed by one Bitcoin. Thus, the prices converge, but do not necessarily have to be the same.

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HBTC is a Bitcoin clone on top of Ethereum.

Huobi BTC reviews from the cryptohunt community

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Huobi BTC price and insights

See how much Huobi BTC is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
No reviews yet
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
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# Telegram members
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% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Huobi BTC, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
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# Active Discord members
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# Telegram members
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# Active Telegram members
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