Buy Helium (HNT)
What is Helium?
Helium (HNT) is a decentralized blockchain-powered network designed for Internet of Things (IoT) devices. It aims to provide low-power, extensive-range connectivity for various applications, including smart cities and asset tracking.
How does Helium work?
Helium operates by deploying hotspots that create a global wireless network, providing coverage for low-power IoT devices. These hotspots utilize a consensus mechanism called "Proof-of-Coverage" to validate network transactions and secure the network, earning Helium tokens in the process.
What are the potential use cases for Helium?
Helium has a wide range of potential use cases, particularly in the IoT sector:
- IoT Connectivity: It enables applications such as environmental monitoring, vehicle telematics, and smart packaging.
- Industrial Applications: It supports supply chain management and customized IoT solutions.
- Consumer Applications: It is used for smart pet collars and bike trackers.
- Notable Partnerships: Collaborations with entities like Nova Labs and integration with the Solana blockchain enhance its capabilities.
What is the history of Helium?
Helium was founded in 2013 by Amir Haleem, Sean Carey, and Shawn Fanning. Initially, it focused on creating a peer-to-peer wireless network. The company later shifted to a cryptocurrency-based model, launching the Helium Network Token (HNT) in 2017, with the network going live in 2019. Significant milestones include partnerships and expansions such as the integration with 5G networks and rebranding to Nova Labs Inc. in 2022.
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Frequently Asked Questions (FAQs)
What is the current price of Helium (HNT)?
The Helium price is $11.22 AUD, representing a +4.08% from the day prior.
Where is the best place to buy Helium (HNT) in Australia?
The best place to buy Helium (HNT) 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 Helium (HNT) 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 Helium (HNT)?
The trading volume of Helium (HNT) is $60.4M AUD in the last 24hrs, representing a +4.08% from the day prior.
How can I buy Helium (HNT)?
Helium (HNT) 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 Helium (HNT)?
The current market cap of Helium (HNT) is $1.9B AUD.
Can I convert Helium (HNT) to cash?
Yes - With Coinstash you can convert your Helium (HNT) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Helium (HNT) are there?
The current circulating supply of Helium (HNT) is 175.2M.
Is Coinstash a safe place to buy Helium (HNT) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Helium (HNT) 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.