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How to buy Huobi BTC (HBTC)

Learn how to buy Huobi BTC (HBTC) in our step-by-step guide.

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Huobi BTC (HBTC) is in the top 1,000 cryptocurrencies by market cap, valued at $141,328,620.

Huobi BTC is a highly volatile asset capable of major price swings in a single day. Just take a look at today's HBTC price of $15,756.60, which is showcasing a double-digit loss of compared to yesterday, when it was trading for $23,205.22. Huobi BTC's seen a decrease of -42% over the past year.

So before you buy Huobi BTC, make sure you understand these unique risks as well as its legal, regulatory and tax status here in the US.

If you're ready to get started, read on for step-by-step instructions and a list of platforms you can buy Huobi BTC.

How to buy Huobi BTC in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

Compare crypto exchanges
The easiest way to buy Huobi BTC is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
Make a deposit
Once verified, you can deposit USD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
Buy Huobi BTC
You can now exchange your funds for Huobi BTC. On beginner-friendly exchanges, this is as simple as entering the USD or HBTC amount you want to purchase and clicking "buy".
Secure your Huobi BTC
Consider transferring your HBTC to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Huobi BTC

Find an exchange to buy, sell and trade HBTC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

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How we keep this Huobi BTC guide up-to-date

HBTC price data is regularly updated through data feeds so you always have the latest information.
Huobi BTC performance data is regularly updated using automated comparisons.

How do I find the best places to buy Huobi BTC?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Huobi BTC?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Huobi BTC.

This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing HBTC with your local currency then you will need to pass KYC.
Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Huobi BTC?

Once you've created an account, you will need to deposit funds to buy HBTC with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to to buy HBTC:

Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
Cryptocurrency: You can usually purchase HBTC by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for HBTC on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Huobi BTC?

The easiest way to buy HBTC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Best Huobi BTC wallets to store your HBTC

You can keep your HBTC on the exchange you purchased it on, or move it to a personal wallet:

Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your HBTC below.

Trezor Model T Wallet
★★★★★ 4

Price (USD)

$179

Supported assets

9,000+

Go to site

Ledger Nano X Wallet
★★★★★ 4.6

Price (USD)

$149

Supported assets

5,500+

Go to site

SafePal S1 Wallet
★★★★★ 4

Price (USD)

$49.99

Supported assets

30,000+

Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

Is Huobi BTC a good investment?

Huobi BTC strictly tracks the price of Bitcoin, so it's important to remember that the token will be subject to the same market volatility. Here are some factors to consider before purchasing this token:

Bitcoin token on Ethereum: Huobi BTC is a form of wrapped token that aims to allow users to use Bitcoin on Ethereum-based decentralized applications (dapps). It's comparable to other tokens such as Wrapped Bitcoin (wBTC), RenBTC and Bitcoin Proxy (BTCpx).
Fast trading: Using HBTC can be significantly faster than using BTC. The Bitcoin blockchain processes new transactions approximately every 10 minutes. As HTBC transfers across Ethereum's blockchain, transactions can be completed in 5 minutes or less.
Cheaper trading fees: As HBTC is an ERC-20 token, transaction fees are often less than the equivalent Bitcoin blockchain fees.
Huobi suspension: The cryptocurrency exchange suspended mining and other services as a result of China's recent crackdown on cryptocurrencies. It should be a situation to keep an eye on when dealing with this token.

Today's Huobi BTC price versus ATH

Compare today's price of Huobi BTC ($15,756.60 USD) against its all-time high (ATH) price of $166,135.00 on April 21, 2022. The closer the bar is to 100%, the closer HBTC is to reaching its ATH again.

Current price: $15,756.60

All time high: $166,135.00

90%

How do I trade, convert or sell Huobi BTC?

You can convert or sell your HBTC with the same exchange you bought it through:

Sign in to the exchange you have HBTC on.
If you store your Huobi BTC in a digital wallet, compare crypto exchanges to convert or sell it on.
Choose Sell or Convert and place a sell order.
Choose the amount of HBTC you'd like to convert or sell.
Confirm the sell price and fees and close your sale of Huobi BTC.
Complete your transaction and move your HBTC to a wallet for storage.

How to buy other cryptos

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

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How to buy Huobi BTC (HBTC)

Learn how to buy Huobi BTC (HBTC) in our step-by-step guide.

How to buy Huobi BTC in 5 steps

Where to buy Huobi BTC

How we keep this Huobi BTC guide up-to-date

How do I find the best places to buy Huobi BTC?

What will I need to buy Huobi BTC?

What are the best ways to buy Huobi BTC?

What is the easiest way to buy Huobi BTC?

Best Huobi BTC wallets to store your HBTC

Is Huobi BTC a good investment?

Today's Huobi BTC price versus ATH

How do I trade, convert or sell Huobi BTC?

How to buy other cryptos

Select an option to continue

More guides on Finder

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