Huobi BTC

Halal Rating :
Comfortable
Last Price $22,343.74 Last updated:
Rank 280
1D Change 1.23 %
Market Cap $200.41m
Circulating supply 8,969
Maximum supply 8,969

Crypto Overview

Categories
  • HECO Ecosystem
  • Bitcoin Ecosystem

Launched by Huobi Global and deployed on the Ethereum network, 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. 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 users can perform a 1:1 exchange between HBTC and BTC at any time.

Crypto Impact

To assign a comfort level investing in Huobi BTC from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Huobi BTC.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating