Huobi BTC (Wormhole) HBTC

1. Summary

Ranks

Liquidity

-

Developer

-

Social

97

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#29851)

Supply

/

Tags

Solana Ecosystem Wormhole Assets

More Metrics

Price
All Time High (ATH) Date	11th Nov 2024 (3 months ago)
All Time Low (ATL) Date	11th Nov 2024 (3 months ago)

Supply & Trading Volume

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Description

Huobi BTC (HBTC) is a cryptocurrency pegged to Bitcoin on a 1:1 ratio. It was launched on the Ethereum blockchain by Huobi Global in February 2020. HBTC offers the same value as Bitcoin but with the added flexibility and utility of being deployed on the Ethereum network.###

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Huobi BTC (HBTC) is a cryptocurrency pegged to Bitcoin on a 1:1 ratio. It was launched on the Ethereum blockchain by Huobi Global in February 2020. HBTC offers the same value as Bitcoin but with the added flexibility and utility of being deployed on the Ethereum network.###

Key Features and Benefits:

• ERC-20 Token: Standard Ethereum token following the ERC-20 standard.
• Hard Pegged to BTC: Maintains the equivalent value of Bitcoin on a 1:1 ratio.
• Improved Trading Experience: Offers faster transfer confirmations, typically within five minutes, as compared to Bitcoin.
• Transparency: Transactions can be verified online on both Ethereum and Bitcoin networks.
• Liquidity: Supports the liquidity of Bitcoin by providing an additional platform for trading.
• Distributed Service Support: Enables support for decentralized exchange services.

Creation and History:

Huobi Global, a trusted international digital asset trading platform with over 130 countries represented, launched HBTC to enhance the DeFi ecosystem by bringing Bitcoin liquidity to Ethereum-based decentralized applications (dApps). This allows users to benefit from the strengths of both networks.

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