Huobi Bitcoin Cash (HBCH)

Huobi Bitcoin Cash (HBCH) is an H-token, a suite of assets issued on the Ethereum blockchain and backed by cryptocurrencies from other blockchains. The H-token series aims to bring more digital assets to the Ethereum DeFi ecosystem. With a focus on security and reliability, the team behind HBCH has years of experience in risk control and asset management in the blockchain industry, ensuring the safety of user’s assets. The transparency of the H-token system allows users to check the number of tokens issued and the assets in the reserve pools at any time.

One of the advantages of H-Tokens is their strong liquidity. As standard ERC-20 tokens, H-Tokens can bridge the liquidity between centralized exchanges (CEXes) and decentralized exchanges (DEXes). Additionally, H-Tokens can be redeemed via multiple channels, allowing users to choose the most convenient channel to mint and burn H-Tokens. With over 100% reserve, the team behind HBCH ensures that the number of staked assets is always greater than or equal to the number of H-Tokens.

HBCH enables users to seamlessly access decentralized protocols such as Uniswap, Curve, Harvest, C.R.E.A.M., BoringDAO, Nest, and ForTube. The issuance of H-Tokens aims to allow more users to benefit from DeFi, accelerate the development of the Ethereum DeFi ecosystem, and promote the growth of Ethereum-based assets. Users can deposit their BTC or other assets into Huobi Global’s exchange account and select to withdraw HBCH or other H-Tokens to obtain H-Tokens. Huobi Bitcoin Cash (HBCH) strives to achieve DeFi ecological prosperity by collaborating with ETH and blockchain ecological partners.