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HBCH is a bitcoin cash token on the Ethereum blockchain launched by Huobi Global. By injecting BCH assets with a large proportion and high liquidity into the decentralized financial market, it has increased the value of the decentralized market. The upper limit of assets promotes the prosperity of the entire decentralized market. HBCH strictly abides by the 1:1 guarantee asset, that is, every time 1 HBCH is issued, the address where the asset is located will have 1BCH asset guarantee, ensuring that users can use HBCH and BCH to exchange 1:1 at any time.
1. The value is stable. HBCH and BCH are exchanged in equivalent value, that is, 1HBCH=1BCH.
2. High liquidity. Bitcoin cash is a very large and well-known high-quality digital asset with a large market value on the blockchain. The release of HBCH on the Ethereum chain will bring the same high liquidity as Bitcoin Cash to the decentralized market.
3. The transaction speed is fast. The confirmation time for HBCH deposit and withdrawal transactions has been reduced to less than five minutes.
4. Low transaction costs. Using HBCH as the Bitcoin asset entry and exit solution, the transfer fee is charged according to the ERC20 standard, which is cheaper than the BCH fee.
5. Transparent and auditable. HBCH assets on the BCH side or the Ethereum side can be queried; all exchange details will be disclosed on the official website; anyone can freely initiate an audit of HBCH assets.
6. Support multiple user agent services. In the future, HBCH will support multiple user agents to provide users with exchange services, and users can freely choose user agents.
Currently, users can conduct two-way exchange through Huobi Global.
Convert to HBCH: Deposit BCH assets into Huobi Global, and choose to withdraw HBCH assets when withdrawing coins.
Convert to BCH: Deposit BCH in Huobi Global, and select the address corresponding to HBCH when depositing.