How and Where to Buy HEX Coin – Complete Guide
With the rise of many cryptocurrencies coming into the market, you might be wondering which is best, how, and where one can buy them. This review shows you where to buy Hex coin, which first joined the market in December 2019, after an introduction by Richard Heart and the team.
Table of Contents
It functions on the Ethereum blockchain and is an ERC20 token. This guide will get a complete systematic guide on where to buy HEX coin and how you can keep it in digital currency wallets. If you want to buy HEX coins, some of the best traders are Coinbase wallet, Uniswap, bitcoin.com, HitBTC, and BitMart, among other cryptocurrency exchange sites.
HEX Coin Introduction
Richard Heart introduced HEX on December 2, 2019. It is the first deposit certificate in the blockchain world, which earns returns, and it is technically time-saving. If you are a Bitcoin holder, you can quickly get hold of HEX as they are granted at 10,000 HEX for 1 BTC.
One of the reasons for building HEX was to take leverage on networks like Ethereum, which were flourishing on DeFi (Decentralized Finance) industry in the crypto world. The uniqueness of the HEX crypto is that it allows users to stake their coins in exchange for fresh coin issuance. It also embraces measures that prompt price appreciation and removes spur price damage.
Where to Buy HEX Coin
If you are a frequent cryptocurrency trader or just getting started, this article will help you learn where to buy HEX coins for digital currency investments. During the conclusion of the first year in HEX trading activity, all uncollected coins by bitcoin holders are to be allocated to HEX users who have good stakes.
Now let us look into some of the best cryptocurrency platforms to buy HEX coins. Binance is one of the best platforms for looking for HEX coins where to buy. The members can see the latest trends on the platform, and traders can access high leverage levels on the site.
Capital.com is another best platform, as it guarantees the best return on investments. Additionally, it is easy to use and has a zero commission policy. Finally, it is free to withdraw from capital.com. So, if you are looking for where to buy HEX coins, Capital.com is one of the platforms to consider.
Coinbase, the largest cryptocurrency exchange in the United States since 2012, is no exception. Moreover, it offers users an easy user interface, making it easier for beginners to start investing. Lastly, another of the best platforms to buy HEX coins is eToro, as it accepts bank transfers.
Besides, eToro accepts credit/debit cards. The withdrawal fee is only five dollars, and it has a spread of about 0.75% in bitcoins. For Binance and Coinbase, the commission starts at 0.1% and 0.50%, respectively, and they do not charge for inactivity.
How to Buy HEX Coin
If you know where to buy HEX Coin, now is time to see how to buy HEX coin.
Step 1: Choose a Crypto Wallet
The first step in purchasing a HEX coin is choosing a crypto wallet that meets your needs. There are several crypto wallets in the market offered by different crypto exchanges. When choosing a crypto wallet, it will be best to base it on an exchange that deals with the HEX cryptocurrency. You may need more information about HEX coin where to buy it from other honest reviews.
Step 2: Crypto Wallet Set-Up
Once you have decided on which crypto wallet to use, you will need to set it up with your details. It is important to note that the details of your crypto wallet should remain private. In addition, the passphrases that will be used should be unique, containing different characters. This will ensure that you do not end up with security issues.
Step 3: Confirm Network Fees
Depending on the platform in which you will be conducting the transaction, it is expected that there will be some fees. The amount charged will vary depending on how busy your network is and how complicated the transaction will be.
Step 4: Make the Purchase
Once you have your crypto wallet set up, you will be required to log into your respective crypto exchange and make a purchase depending on the number of HEX coins you need. Next, you will need to choose the coin you want to purchase from the exchange and complete the purchase.
Latest News about HEX Coin
As of this writing, almost 633.54 billion HEX coins have been supplied on the market, the trade volume per day is at 19.83 billion dollars, and the market cap is $24.14 billion. Recently, Beds to Go, a mattress store located in the United States, announced that they accept cryptocurrencies payments from Coinbase, which means that one can pay using HEX coin.
The price of the HEX coin has been steadily rising by 22.72% as of March 26, 2022. On social media platforms like Twitter and Reddit, HEX coin has 620 times out of over 1.7 million posts on March 24, 2022. HEX was ranked at position 233 in the most mentioned, and almost 300 uniquely identified individuals talked about it.
Mikhail Karkhalev, an analyst at capital.com, said that the HEX coin is “a logical continuation of the development of Decentralized Finance (DeFi) in the cryptocurrency market. WalletInvestor, an algorithm-based forecaster of crypto, has predicted that the HEX coin price by 2023 will be favorable, hitting $0.33 in one year, and the coin may hit $1.2 by early 2027.
According to CoinMarketCap, over two hundred thousand wallets own HEX coins today, and more people are getting to buy them, so the numbers are predicted to go even higher by the end of the year. The HEX coin has been ranked in position 201 globally from its market capitalization of 20 billion dollars.
Where to Buy HEX Coin: Conclusion
Based on predictions and the number of HEX coins being traded daily, it is clear that HEX coin has some potential in the cryptocurrency market. However, since it is also still relatively new into the market, barely two years, it would not be best for one to trade in large amounts.
Locking it for a more extended period is probably the best way to get a good investment. If you are thinking of jumping into the world of trading crypto, then HEX coin is not a bad start in that you can buy it through Bitcoins and Ethereum, making it the best and easiest to buy. However, always remember to trade carefully and not get too greedy, especially if you are a beginner. I hope now you know where to buy the HEX coin.