[Tutorial] Huobi BTC (HBTC)!

2 min readSep 10, 2020

How do you get HBTC? It's easy as 1, 2, 3!

🔷What is HBTC?

HBTC was launched by Huobi in February this year.

HBTC maintains a strict, asset-backed 1:1 peg to BTC. Every 1HBTC issued will be fully backed by the same BTC asset quantity to ensure you can perform a 1:1 exchange between HBTC and BTC at any time. Users can obtain HBTC on Huobi Global and Huobi Korea.

Huobi BTC (HBTC) token aims to promote the growth of the decentralized marketplace by injecting Bitcoin (BTC), the largest and most liquid asset, into the decentralized finance (DeFi) eco-system.

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🔷How to get HBTC?

  1. Buy or trade to get Bitcoin

2. Go to exchange account scroll to BTC and click withdraw

3. Select HBTC > Input address > Amount to withdraw > Click Withdraw

🔷Why HBTC?

You can enjoy high yields in upward to 16,420 APY on Curve Finance.

Now you know what HBTC is and how to get it along with the one key advantage of buying this asset on Huobi!

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Risk Reminder:

1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.

2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.