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How to buy Hedget (HGET) in Canada

Learn how to buy Hedget (HGET) in our step-by-step guide.

Where to buy Hedget in Canada

It looks like HGET may not be available to purchase on an exchange in Canada.

You can still purchase HGET by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase HGET using a decentralised exchange.
  1. Find HGET on a decentralised exchange and make sure Hedget can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for HGET using an exchange like Ndax. You will need to purchase enough ETH to swap for HGET as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for HGET on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the HGET tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in Canada.

Best Hedget wallets to store your HGET

You can keep your HGET on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your HGET below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Hedget a good investment?

Cryptocurrencies are highly volatile and speculative assets. Buying any cryptocurrency comes with a high level of risk, so make sure you’re aware of the following factors before buying HGET:
  • Investment. CoinDesk reported in August 2020 Hedget raised $500,000 in seed funding. The funding was led by FBG Capital and NGC Ventures.
  • Competition. The DeFi sector is a growing and highly competitive space, so it’s worth considering which other players are targeting decentralised options trading. Some of the competitors you may want to keep an eye on include Hegic and FinNexus, among many others.
  • Token supply. The maximum supply of HGET tokens is fixed at 10,000,000. 10% of those tokens are allocated to the Hedget team, 50% are set aside for liquidity mining, and 20% are locked in reserve with their future usage to be determined by the platform’s DAO. Check the Hedget whitepaper and website for more details of token distribution.
  • Still in development. It’s still early days for the Hedget platform. Whether the Hedget team can continue to achieve the goals on their development roadmap, and whether the platform has any widespread appeal, remains to be seen.

Today's Hedget price versus ATH

Compare today's price of Hedget ($0.216893 USD) against its all-time-high price of $15.44 USD on 12 September 2020. The closer the bar is to 100%, the closer HGET is to reaching its ATH again.

Hedget's price: $0.216893
ATH date: September 12, 2020
1.40%

Hedget ATH: $15.44


How to trade, convert or sell Hedget

You can convert or sell your HGET with the same exchange you bought it through:
  1. Sign in to the exchange you have HGET on.
  2. If you store your Hedget in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of HGET you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Hedget.
  6. Complete your transaction and move your HGET to a wallet for storage.
  1. HGET
  2. CoinDesk
  3. Hedget Whitepaper
  4. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Hedget, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of HGET is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Hedget or any other cryptocurrency discussed.

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