What is HEX?
Investors put their money in a non-government controlled financial institution, for example a bank or investment account. It acts as the financial equivalent of a monetary savings account. HEX is designed to replace the Certificate of Deposit as its blockchain counterpart used nearly everywhere.
HEX is the latest framework that allows for a more decentralized future of finance, especially cryptocurrencies.
HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract.
HEX coin is being used as a cryptocurrency, however has special features designed to reduce inflation. To become part of the gamification system that rewards investors for good practices, users are incentivized with HEX coins. The goal is to have a rising cost per coin.
For every month that a HEX Token is held, a user can earn a 5% annual bonus on their collected stakuens. This means even if you only have 2 symbols in your wallet for 30 days, you’ll have collected 15% of your total stakoen bonus.
HEX is being distributed to bitcoin holders by the snapshot of the utxo set on December 2nd, 2019 at block height 606227. It will be offered at 10,000 HEX per 1 BTC and each holder of bitcoin is entitled to this quantity.
Bitcoin holders can enjoy HEX tokens during the first year of launch, but they must hold ETH to compensate for them. They receive their rightful ETH from the HEX smart contract.
At the end of the first year of launch, 100% of HEX coin is distributed to HEX users who have stakes during that timeframe who are active. The maximum possible inflation in any single year is designed to be 3.69% per annum after 3 years.
Where & How To Buy HEX Token
We think either Coinbase or Binance are the best options for beginners.
You should buy BTC on Binance then send it to a smaller alt exchange like Hotbit to trade it for HEX
Binance is a digital currency exchange based in China. Binance has been designed to be a fast and easy to use platform for cryptocurrency traders, investors and enthusiasts.
Binance’s features include:
• Fast trading
• Low trading fees
• Security – It is the most secure cryptocurrency trading platform in the world.
• Strong customer support when necessary
Binance is a blockchain-based, decentralized cryptocurrency exchange. It has one of the fastest trading volumes in the world and supports more than 100 million transactions every day.
Binance exchange recently released its native token BNB, which can be used to pay for any fee on the platform. The company also offers a new security feature called “Binance Chain”.
Binance has become one of the most popular exchanges in recent years, but it still faces some competition from other exchanges like Kraken and Bitfinex.
The main advantage of Binance is that it’s open 24 hours a day. This allows for fast trading without any downtime or slowdowns due to maintenance periods.
Binance is a Chinese cryptocurrency exchange with headquarters in Beijing. It is the first crypto-to-crypto trading platform with real-time market data which has already attracted many new users to its services.
The main features of binance includes high security, low fees, and 24/7 trading. The exchange follows strict rules to protect the interests of traders and limit risk factors.
Binance has had an impressive growth rate in 2018. It achieved this success by focusing on its target audience, i.e., professional traders who are looking for low fees and high security without any time lag for trading orders, among other things.
Register on Binance today here
Buy HEX on Coinbase
You should buy BTC on coinbase then send it to a smaller alt exchange hotbit to trade it for HEX
Coinbase is the most popular cryptocurrency exchange. It has over 20 million users and allows people to buy, sell, and store bitcoin, ethereum, litecoin, and other digital currencies.
Coinbase comes with a lot of benefits for its customers. For one thing, it’s one of the fastest exchanges out there since it does not require users to wait for days before they can buy or sell their coins. There are also things like Coinbase Vault that offers full-on protection for your digital assets even if you forget your password (which happens quite often).
Coinbase is the best choice for anyone looking to start investing in cryptocurrencies because it makes trading so easy and simple. It also offers a mobile app which is available on both iOS and Android systems so you don’t have to
Coinbase exchange is a digital currency platform and digital wallet used to buy and sell cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. It is the world’s most popular bitcoin exchange.
Some of the good points to Coinbase are that they offer low fees, beginner friendly interface, and instant purchase of Ethereum with credit or debit card.
It also has a great reputation for not exposing its users to scams.
Coinbase exchange is a digital currency trading platform. These coins are bought and sold in order to purchase goods and services.
There are many good points to using Coinbase exchange rather than other exchanges. It is never too late to switch your wallet if you know the risks that come with it.
– Coinbase has low fees
– Coinbase supports over 130 cryptocurrencies
– You can buy or sell cryptocurrency on the same platform
Coinbase exchange is a secure, easy-to-use platform to buy and sell cryptocurrencies. With a lot of cryptocurrency exchanges out there, Coinbase stands out for its usability and user friendliness.
It offers all the features that you would expect from any top-notch exchange with some extra perks like fast transactions and low fees. It also gives users the option to convert cryptocurrencies into fiat currency through Coinbase’s wallet service.
Coinbase is trusted by many investors as they are regulated by FINRA and use their own cold storage system which ensures security of funds.
Register on Coinbase today here
Is HEX a good investment?
HEX is the first Blockchain Certificate of Deposit. These Certificates of Deposit also known as CDs or Time Deposits, are worth Trillions of dollars. With a history going back centuries, they have been more profitable than gold, credit card companies and cash for decades.
Hex is a cryptocurrency that plans out its future supply. This difference makes it a successful investment choice and the first cryptocurrency in the world to do so.
Hex’s shares price went up 10,287x so far.
HEX has a marketcap of $175 Billion and is the 3 biggest cryptocurrency (per Nomics.com, Tradingview, Coinranking and more). Over 300,000 BTC in over 30,000 addresses minted their own HEX using the HEX contract
HEX is a continuously growing dividender company with a competitive interest rate. Every day HEX’s stakers earn interest and if you end your stake before the time it expressed, you will earn extra as well.