Buy Whiteheart (WHITE)
What is Whiteheart?
Whiteheart is a cryptocurrency token that operates within the Whiteheart ecosystem, which is an on-chain protocol built on top of Hegic. Its main function is as a governance token, allowing holders to participate in decision-making processes within the ecosystem. Holders also receive a share of the fees generated by the protocol.
How does Whiteheart work?
Whiteheart functions by leveraging the Ethereum blockchain and smart contracts to create a secure, trustless environment. It provides hedge contracts, a financial primitive designed to protect users' holdings of ETH and WBTC against market volatility during fixed periods. As it is built on Ethereum, Whiteheart benefits from Ethereum's Proof of Stake (PoS) consensus mechanism.
What are the potential use cases for Whiteheart?
The primary use case for Whiteheart is in providing on-chain hedging services within the DeFi sector. It assists users in protecting the value of their ETH and WBTC holdings against fluctuations in the market. This capability is particularly beneficial for users seeking to hedge against potential price drops, thus making it relevant not only in the DeFi sector but also in broader financial and insurance sectors focused on digital transformation.
What is the history of Whiteheart?
Whiteheart was founded by an anonymous DeFi developer known by the pseudonym Molly Wintermute, who is also responsible for the creation of Hegic. Whiteheart was developed as an on-chain protocol that offers hedge contracts to help protect cryptocurrency assets from market volatility. Its evolution and market presence have been primarily associated with the capabilities it offers within the DeFi ecosystem.
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Frequently Asked Questions (FAQs)
What is the current price of Whiteheart (WHITE)?
The Whiteheart price is $9296.77 AUD, representing a -13.36% from the day prior.
Where is the best place to buy Whiteheart (WHITE) in Australia?
The best place to buy Whiteheart (WHITE) 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 Whiteheart (WHITE) 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 Whiteheart (WHITE)?
The trading volume of Whiteheart (WHITE) is $4.1K AUD in the last 24hrs, representing a -13.36% from the day prior.
How can I buy Whiteheart (WHITE)?
Whiteheart (WHITE) 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 Whiteheart (WHITE)?
The current market cap of Whiteheart (WHITE) is $79.4M AUD.
Can I convert Whiteheart (WHITE) to cash?
Yes - With Coinstash you can convert your Whiteheart (WHITE) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Whiteheart (WHITE) are there?
The current circulating supply of Whiteheart (WHITE) is 8.9K.
Is Coinstash a safe place to buy Whiteheart (WHITE) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Whiteheart (WHITE) 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.