Buy HXRO
What is HXRO?
HXRO is a cryptocurrency trading platform designed for derivative contracts. It distinguishes itself by integrating traditional financial market elements with social gaming, aimed at making trading both more accessible and engaging. The platform caters to cryptocurrency enthusiasts by offering simplified trading through various innovative features like parimutuel betting.
How does HXRO work?
HXRO operates on both the Ethereum and Solana blockchains, initially launching on Ethereum and migrating parts to Solana for better performance. The platform utilizes smart contracts to facilitate trading and risk management, tapping into real-time cryptocurrency pricing data. Technologies like parimutuel betting allow users to pool positions, with winnings distributed among successful participants, adding a social gaming dynamic to financial trading.
What are the potential use cases for HXRO?
HXRO’s use cases focus primarily on derivatives trading and betting:
- Trading Platforms: HXRO supports derivatives trading through platforms like PepperDex and Guac Dex which utilise its liquidity and risk management frameworks.
- Betting Applications: Many applications like Bonk or Bust and Flowmatic employ HXRO's parimutuel protocol to enable innovative betting markets.
- DeFi and Institutional Trading: The token's utility extends to supporting on-chain liquidity and comprehensive trading solutions, attracting significant interest from institutional players.
What is the history of HXRO?
Launched in 2018, HXRO was founded by a team with deep backgrounds in trading and technology. Significant milestones include a seed funding round and platform beta launch in the same year. Over time, HXRO has evolved from a social gaming platform into a dynamic network for derivative trading, benefiting from strategic partnerships and adopting Solana for improved scalability. The ecosystem has rapidly expanded to include various innovative products and retains a strong market presence globally.
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Frequently Asked Questions (FAQs)
What is the current price of HXRO (HXRO)?
The HXRO price is $0.01464463 AUD, representing a -0.36% from the day prior.
Where is the best place to buy HXRO (HXRO) in Australia?
The best place to buy HXRO (HXRO) 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 HXRO (HXRO) 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 HXRO (HXRO)?
The trading volume of HXRO (HXRO) is $26.7K AUD in the last 24hrs, representing a -0.36% from the day prior.
How can I buy HXRO (HXRO)?
HXRO (HXRO) 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 HXRO (HXRO)?
The current market cap of HXRO (HXRO) is $11.7M AUD.
Can I convert HXRO (HXRO) to cash?
Yes - With Coinstash you can convert your HXRO (HXRO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many HXRO (HXRO) are there?
The current circulating supply of HXRO (HXRO) is 620.4M.
Is Coinstash a safe place to buy HXRO (HXRO) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling HXRO (HXRO) 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.