HEX (HEX) Price Hits $0.0031 on Major Exchanges

HEX (HEX) traded up 1.1% against the US dollar during the 1 day period ending at 13:00 PM Eastern on November 22nd. HEX has a total market capitalization of $1.78 billion and approximately $303,643.07 worth of HEX was traded on exchanges in the last 24 hours. One HEX token can now be purchased for $0.0031 or 0.00000003 BTC on exchanges. In the last week, HEX has traded 58.3% higher against the US dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.9% higher against the dollar and now trades at $98,404.92 or 0.99295139 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% higher against the dollar and now trades at $97,325.33 or 0.98205777 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

HEX Token Profile

HEX’s launch date was December 2nd, 2019. HEX’s total supply is 633,542,658,973 tokens and its circulating supply is 572,170,573,415 tokens. The Reddit community for HEX is https://reddit.com/r/hexcrypto and the currency’s Github account can be viewed here. HEX’s official Twitter account is @hexcrypto and its Facebook page is accessible here. HEX’s official website is hex.com.

According to CryptoCompare, “## What is HEX?

HEX is a cryptocurrency that was launched in December 2019. It is based on the Ethereum blockchain and uses a proof-of-stake consensus algorithm. HEX is designed to be a high-interest blockchain-based savings account, where users can earn interest by staking their HEX tokens for a set period of time. It has a fixed supply of 687,540,000 HEX tokens, which were distributed through a “free claim” process for Bitcoin holders and through direct purchase on cryptocurrency exchanges.

## Who created HEX?

HEX was created by Richard Heart, a well-known figure in the cryptocurrency community. Heart is a serial entrepreneur, author, and self-proclaimed “Bitcoin maximalist” who has been involved in the cryptocurrency industry since its early days.

## What is it used for?

HEX is primarily used as a high-yield savings account where users can earn interest on their holdings by staking their tokens for a set period of time. The longer a user stakes their tokens, the higher the interest rate they can earn. HEX is also traded on various cryptocurrency exchanges, where users can buy and sell the token for other cryptocurrencies or fiat currencies. However, it’s important to note that investing in HEX or any other cryptocurrency carries significant risks, and users should always conduct their own research and due diligence before investing.”

Buying and Selling HEX

It is usually not possible to purchase alternative cryptocurrencies such as HEX directly using U.S. dollars. Investors seeking to acquire HEX should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase HEX using one of the aforementioned exchanges.

HEX/USD price chart by TradingView