Buy HEX
What is HEX?
HEX is a blockchain-based certificate of deposit (CD) system. It rewards users for holding their tokens over extended periods, using a model similar to time deposits in traditional banking.
How does HEX work?
HEX allows users to stake their tokens for specified periods, earning rewards based on the duration and size of the stake. It operates on the Ethereum blockchain and utilises a "Proof-of-Wait" consensus mechanism that is less energy-intensive. Users mint rewards at the end of their commitment, and the system has a capped annual inflation rate of 3.69%.
What are the potential use cases for HEX?
HEX can be used for staking to generate interest, making online payments, engaging in participatory funding and loyalty schemes, and facilitating transactions within blockchain games and decentralised applications. It also supports international payments by providing cross-border transactions with low fees and fast processing times.
What is the history of HEX?
HEX was launched in December 2019 by Richard Heart. It began with an airdrop to Bitcoin holders and has since been featured in discussions for its unique approach and controversies, including regulatory issues with the U.S. Securities and Exchange Commission (SEC). Despite criticisms and regulatory challenges, HEX has achieved significant market attention and price appreciation over the years.
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Frequently Asked Questions (FAQs)
What is the current price of HEX (HEX)?
The HEX price is $0.00877663 AUD, representing a +4.32% from the day prior.
Where is the best place to buy HEX (HEX) in Australia?
The best place to buy HEX (HEX) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell HEX (HEX) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of HEX (HEX)?
The trading volume of HEX (HEX) is $830.6K AUD in the last 24hrs, representing a +4.32% from the day prior.
How can I buy HEX (HEX)?
HEX (HEX) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of HEX (HEX)?
The current market cap of HEX (HEX) is $0 AUD.
Can I convert HEX (HEX) to cash?
Yes - With Coinstash you can convert your HEX (HEX) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many HEX (HEX) are there?
The current circulating supply of HEX (HEX) is 0.
Is Coinstash a safe place to buy HEX (HEX) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling HEX (HEX) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.