How to buy HEX (HEX) in Australia
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How to buy HEX
Look for an exchange that supports both fiat and cryptocurrency to simplify buying HEX.
- Open an account on an exchange that supports HEX.
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 HEX.
- Buy HEX.
Complete your HEX purchase and then find the best wallet to store HEX.
What is HEX?
HEX is described as a certificate of deposit on the blockchain. Launched by Richard Heart in December 2019, the platform encourages users to stake their HEX tokens in order to earn high-interest returns. Here’s how it works: Users get to stake the amount of HEX that they choose to earn daily interest for a period of between 1 and 5,555 days. The main selling point is the high interest rate available, with HEX claiming to provide an average annual percentage yield (APY) of over 40% – something which has prompted critics to suggest that it’s too good to be true. HEX is the platform’s native token. It's an ERC-20 asset on the Ethereum network. It can be traded on exchange platforms or staked in order to earn interest.
HEX (HEX) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of HEX is $0.284687, which is -4.530% lower than yesterday. Prices have ranged between $0.315338 and $0.272395 over the past 24 hours. All prices are listed in US dollars and accurate as of October 21, 2021 09:10 UTC.
Where to buy HEX
Find an exchange to buy, sell and trade HEX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Is it a good time to buy HEX?
The technical analysis gauge for HEX 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 HEX 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 HEX: moving averages, oscillators and pivots. Finder is not responsible for how HEX performs.
HEX at a glance
|Total HEX supply||572,663,572,148|
|All time high||US$0.51083|
|Industry||Blockchain certificate of deposit|
HEX price performance over time
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.
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.
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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