HEX coin has been making headlines in the last few days for being in the green as the majority of the cryptocurrencies bleed.
To help investors and traders who are eyeing to buy and hold the HEX coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy HEX coin
As HEX is such a new asset, it's yet to be listed on major exchanges. You can still purchase HEX using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy HEX right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and 'connect' your wallet to it.
4. You can now swap your ETH for HEX
Now that you're connected, you'll be able to swap for 100s of coins including HEX.
What is HEX coin?
HEX coin is an ERC20 token that was launched on the Ethereum network to be a store of value and act as Certificate of Deposit used in the traditional financial markets.
It is designed to leverage the DeFi ecosystem of cryptocurrencies within the Ethereum Network.
While HEX uses the Ethereum network for sending and receiving tokens and interacting with HEX smart contract, the consensus and staking mechanisms are contained in the HEX smart contract.
Should I buy the HEX today?
If you are looking for a cryptocurrency that is on the rise, then the HEX coin is a great choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
HEX price prediction
Analysts believe the recent HEX pullback has come to an end and it is expected to continue with the current bull trend as it corrects the pullback.
$HEX social media coverage
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