Huobi BTC (HBTC) is a cryptocurrency that allows users to access the decentralized finance (DeFi) ecosystem while maintaining exposure to Bitcoin. Here's how it is used:

1. Access to DeFi Applications: HBTC enables Bitcoin holders to participate in DeFi applications and smart contracts on the Ethereum network. This includes earning interest, borrowing, lending, and trading HBTC within the DeFi ecosystem.

2. Trading and Liquidity: HBTC can be traded on decentralized exchanges (DEXs), providing users with access to various trading pairs and liquidity pools. This enhances the liquidity of Bitcoin by allowing it to be traded on the Ethereum network.

3. Interoperability: HBTC allows seamless movement between the Bitcoin and Ethereum ecosystems. Users can easily convert their BTC into HBTC and back, taking advantage of the unique features of both blockchains.

4. Security and Transparency: HBTC is backed by real BTC held in reserve, ensuring transparency and security. The reserve is regularly audited to maintain the 1:1 peg, providing users with confidence in the value of their HBTC holdings.

Overall, HBTC bridges the gap between the Bitcoin and Ethereum ecosystems, offering users the benefits of both worlds while maintaining exposure to Bitcoin.

To store Huobi BTC (HBTC) tokens, you have several options:

1. Exchanges' Wallets: You can store your HBTC on exchanges like Binance Wallet. This is a convenient option, but it is considered a "hot wallet" and is always online, making it more vulnerable to hacking risks.

2. Crypto Wallets: You can use crypto wallets like Trust Wallet, which provide a more secure option than exchanges' wallets.

3. Cold Wallets: For long-term storage and maximum security, consider using cold wallets. There are two types:

• Paper Wallet: Generate public and private keys offline and store them securely on a piece of paper. This method is less common but provides high security.
• Hardware Cold Wallet: Use a physical device like a USB drive to store your cryptocurrency. This is a popular choice for storing large amounts of coins or tokens.

4. Huobi BTC Wallet Apps: You can also use dedicated wallet apps like Atomic Wallet, which supports HBTC and other cryptocurrencies. These apps are available for both desktop and mobile devices.

5. Noone Wallet: Another option is the Noone wallet, which allows you to store, buy, exchange, and manage your HBTC tokens.

Remember to always follow best practices for securing your wallet and private keys to protect your HBTC tokens.

To buy Huobi BTC (HBTC) tokens, follow these steps:

1. Buy Ethereum (ETH):

   • Open an account on a reliable exchange like Bit2Me or Binance.
   • Verify your account.
   • Add funds to your wallet.
   • Buy ETH and keep it in your wallet.

2. Set up a Digital Wallet:

   • Download and install a Web3 wallet like MetaMask or Trust Wallet.
   • Create and set up a new wallet, following the wallet's instructions.

3. Transfer ETH to Your Wallet:

• Transfer the ETH from your exchange wallet to your digital wallet. This may involve paying a gas fee.

4. Choose a Decentralized Exchange (DEX):

   • Select a DEX that supports the blockchain where Huobi BTC is listed, such as PancakeSwap or 1inch.
   • Connect your wallet to the DEX using your wallet address.

5. Swap ETH for HBTC:

   • On the DEX, select ETH as the payment and HBTC as the cryptocurrency you want to buy.
   • If HBTC is not listed, find its smart contract address on Etherscan and paste it into the DEX to perform the swap manually. Be cautious of scams and ensure you have the official contract address.

6. Confirm the Swap:

• Review the details and click the "Swap" button. Your wallet will ask you to confirm the action.

7. Monitor Your Transaction:
   • Once the swap is complete, you can view your transaction details on a block explorer.

Remember to always be cautious of scams and ensure you are using official resources and following secure practices.