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How to buy Hedget (HGET) in the US
A beginner's guide to buying and selling HGET in the US.
How to buy Hedget
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Hedget.
- Open an account on an exchange that supports HGET.
Unfortunately, at this time no major exchanges in the United States offer HGET, but you may be able to purchase it with another cryptocurrency. Just be sure to follow all legal restrictions and requirements.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Hedget.
- Buy Hedget.
Complete your Hedget purchase and then find the best wallet to store HGET.
What is Hedget?
Hedget is a decentralized options trading protocol designed for on-chain derivatives trading. By providing stablecoins or other cryptocurrency as collateral, users can buy and sell options on the Hedget platform. Hedget platform runs on the Chromia network, which is used as an Ethereum Layer 2 solution. This ensures lower transaction costs and faster speeds, with Ethereum only used for settlement. The Hedget token (HGET) is the network’s native token. An ERC-20 token on the Ethereum network, HGET is used to govern the platform. Sellers also need to stake their tokens to take part in option minting, while tokens can also be earned via liquidity mining.
Hedget (HGET) is the 1377th largest cryptocurrency in the world by market cap, valued at $6,260,447. The current price of Hedget is $3.47, which is -3.402% lower than yesterday. Prices have ranged between $3.64 and $3.48 over the past 24 hours. All prices are listed in US dollars and accurate as of October 22, 2021 12:10 UTC.
Where to buy Hedget
Unfortunately, at this time no major exchanges in the United States offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
Is it a good time to buy Hedget?
The technical analysis gauge for Hedget displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of Hedget based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of Hedget: moving averages, oscillators and pivots. Finder is not responsible for how HGET performs.
Hedget at a glance
|Total HGET supply||1,751,448|
|All time high||US$15.44|
Hedget price performance over time
How to sell Hedget
You can cash out your HGET with the same exchange you bought it through:
- Sign in to the exchange you have HGET on.
If you store your Hedget in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of HGET you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Hedget.
What to consider when buying HedgetCryptocurrencies 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 decentralized 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 – as of April 2021, there was the option to try out an alpha version of the platform on the Hedget website. 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.
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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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