HBCH is a Bitcoin Cash token launched by Huobi Global on the Ethereum blockchain. By injecting a large and highly liquid BCH asset into the decentralized finance market, HBCH increases the asset cap of decentralized markets and promotes the prosperity of the entire decentralized market. HBCH strictly adheres to a 1:1 collateral ratio, meaning for every 1 HBCH issued, there is 1 BCH in the assets address to ensure users can exchange HBCH with BCH at a 1:1 ratio anytime.

Features of HBCH

1. Stable value. HBCH is exchangeable at par with BCH, i.e., 1HBCH = 1BCH.
2. High liquidity. Bitcoin Cash is a well-known digital asset with significant market capitalization. The issuance of HBCH on the Ethereum network brings similar high liquidity to the decentralized market as Bitcoin Cash.
3. Fast transaction speed. The confirmation time for HBCH deposits and withdrawals has been reduced to within five minutes.
4. Low transaction costs. Using HBCH as a way to move Bitcoin assets results in transaction fees charged according to ERC20 standards, which are lower compared to BCH fees.
5. Transparent and auditable. Both BCH-side and Ethereum-side HBCH assets can be tracked; all swap details will be publicly available on the official website; anyone can freely initiate an audit of HBCH assets.
6. Multiple user agent services supported. In the future, HBCH will support multiple user agents to provide swap services, allowing users to choose their preferred user agent freely.

HBCH Swaps

Currently, users can conduct two-way swaps via Huobi Global.
Swapping to HBCH: Deposit BCH assets into Huobi Global and select HBCH assets when withdrawing.
Swapping to BCH: Deposit BCH into Huobi Global and choose the address corresponding to HBCH when depositing.