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How to buy HEX (HEX) in the US
Learn how to buy HEX (HEX) easily by following a step-by-step guide and comparing 10+ crypto exchanges.
Where to buy HEX
It looks like HEX may not be available to purchase on an exchange in the US.
You can still purchase HEX by using a decentralized exchange (DEX) instead. Decentralized exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.
Decentralized 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 decentralized exchanges first if you're unfamiliar.
How to purchase HEX using a decentralized exchange.
- Find HEX on a decentralized exchange and make sure HEX can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
- Buy ETH to trade for HEX using an exchange like Gemini. You will need to purchase enough ETH to swap for HEX 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.
- Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
- Trade ETH for HEX on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
- Wait for the transaction to finalize and the HEX tokens will arrive in your wallet.
- 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 the US.
What to consider when buying HEXCryptocurrencies are complicated and volatile, and buying any cryptocurrency involves taking on a high level of risk. There are also myriad factors that can affect the value of any coin or token, so it’s essential to thoroughly research any currency you’re thinking of buying. Some of the factors you may like to consider before buying any HEX tokens include:
- Scam controversy. HEX has come in for plenty of criticism from a range of commentators, with some suggesting it’s a scam or even a borderline ponzi scheme. There’s a section on the HEX website devoted to dealing with scam claims, but the controversy is enough to suggest that this project should be approached with extreme caution.
- Availability. HEX is available on over 20 exchanges, but it wasn’t listed on any of the world’s largest crypto exchanges (in terms of trading volume) at the time of writing. It’s worth considering whether this will have any impact on the future value of HEX.
- Richard Heart. If you want to know more about the man behind HEX, you might like to check out his website.
- Whitepaper. For more information on HEX and how staking works, check out the project’s whitepaper.
How to sell HEX
You can cash out your HEX with the same exchange you bought it through:
- Sign in to the exchange you have HEX on.
If you store your HEX in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of HEX you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of HEX.
Disclaimer: Cryptocurrencies, including HEX, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of HEX 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 HEX or any other cryptocurrency discussed.
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