How to buy Hegic (HEGIC) in Australia
A beginner's guide to buying and selling HEGIC in Australia.
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How to buy Hegic
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Hegic.
- Open an account on an exchange that supports HEGIC.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- 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 Hegic.
- Buy Hegic.
Complete your Hegic purchase and then find the best wallet to store HEGIC.
What is Hegic?
Hegic is a decentralised options trading platform. Traders can use Hegic to buy and sell options for ETH and wrapped BTC (an Ethereum token that can be converted into BTC and vice versa). It allows traders to speculate on the future price of BTC and ETH on-chain without the need for KYC. HEGIC is the native token of the platform. By buying the native token, you provide liquidity to the options market and you can earn settlement fees from options buyers, which is paid in ETH. As a token holder, you also get voting rights.
Hegic (HEGIC) is the 418th largest cryptocurrency in the world by market cap, valued at $42,015,465. The current price of Hegic is $0.078427, which is 7.560% higher than yesterday. Prices have ranged between $0.081418 and $0.072279 over the past 24 hours. All prices are listed in US dollars and accurate as of June 24, 2021 03:06 UTC.
Where to buy HegicFind an exchange to buy, sell and trade HEGIC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Hegic at a glance
|Total HEGIC supply||3,012,009,888|
|All time high||US$0.642093|
|All time high date||February 14, 2021|
|Notable team members||Molly Wintermute (pseudonym)|
|Industry||Decentralised options trading|
|Token uses||Utility token|
Hegic price performance over time
How to sell Hegic
You can cash out your HEGIC with the same exchange you bought it through:
- Sign in to the exchange you have HEGIC on.
If you store your Hegic in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of HEGIC you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Hegic.
What to consider when buying cryptocurrencyBuying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
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