H-tokens are a suite of assets issued on Ethereum and backed by cryptocurrencies from other blockchains. The H-token series aims to bring more digital assets to the Ethereum DeFi ecosystem. $HBTC enables users to seamlessly access decentralized protocols such as Uniswap, Curve, Harvest, C.R.E.A.M., BoringDAO, Nest, and ForTube. The growing use cases of $HBTC prove that its value has been recognized by the market.

Launched by the Huobi Blockchain Team, $HBTC is described as a standard ERC20 token backed by 100% $BTC. While maintaining the equivalent value as Bitcoin, it also has the flexibility of Ethereum. Acting as a bridge between the centralized market and the DeFi market, $HBTC claims to enable users to conveniently and seamlessly participate in the DeFi market using Bitcoin, providing high-quality assets to the DeFi market.
 

Huobi BTC (HBTC) was launched by Huobi Global in February 2020 with the aim of providing BTC liquidity to Ethereum-based decentralized apps (dApps). HBTC is an ERC-20 token deployed on the Ethereum blockchain and pegged to BTC at a 1:1 ratio. This means that Huobi BTC has the same value as BTC and can be utilized within the Ethereum DeFi ecosystem.

Huobi Global is a cryptocurrency exchange founded in China in 2013 and currently based in Seychelles. It offers a wide range of cryptocurrencies and trading pairs to its users. Huobi Token (HT) is the native cryptocurrency of the Huobi exchange. Additionally, Huobi has launched a $100 million venture fund.

Huobi Global was founded in 2013 by Leon Li, who currently serves as the CEO.

Li graduated from Tsinghua University in 2013. Prior to Huobi Global, Li worked as a computer engineer at Oracle Corporation, one of the largest US-based software companies. Huobi Global is based in the Republic of Seychelles, while Huobi Asia is headquartered in Singapore, with plans to move to Hong Kong.

HBTC serves as a bridge between Bitcoin and the Ethereum ecosystem, providing access to decentralized finance (DeFi) protocols such as Uniswap, Curve, or Balancer.

HBTC offers faster transaction speeds and lower handling fees. Service fees are minimal due to two-way exchange support. Furthermore, all transaction details are publicly available, and users can check the number of issued tokens in reserve pools.

HBTC utilizes a multi-channel system, allowing users to choose a profitable channel for minting and burning Huobi BTC. HBTC tokens are fully redeemable with a 100% reserve.

Huobi BTC (HBTC) is an Ethereum-based ERC-20 token.

Huobi BTC is backed by BTC at a 1:1 ratio, meaning the circulating supply of tokens depends on the amount of Bitcoin reserves and HBTC minted. As of now, there are 8,969.5 HBTC in circulation.

Huobi BTC (HBTC) is an ERC-20 token on the Ethereum network, which is secured by a Proof-of-Stake (PoS) consensus mechanism. PoS is a secure and energy-efficient algorithm that uses randomly selected validators to confirm transactions and add new blocks to the blockchain.

Users can purchase HBTC on decentralized exchanges (DEXs) like MDEX and MakiSwap, as well as centralized exchanges (CEXs) like FMFW.io.

Download the CMC mobile app to track HBTC prices in real-time.