What is $HEX?
Launched on December 2, 2019 by Richard Heart and team, HEX is the first certificate of deposit on the blockchain, but what is $HEX? It is essentially time deposits that gain interest, HEX is an ERC20 Token that runs over the Ethereum network.
Certificates of Deposit (CDs) are common investment tools managed by banks. CDs are used by hundreds of millions of people worldwide, creating a market valued in the trillions of dollars. HEX has taken the concept of CDs, added significantly higher average interest rates, removed banking fees, and turned it into a decentralized cryptocurrency.
By locking any amount of HEX you choose for a period of time between 1 and 5555 days, you “stake” your deposit and gain interest every single day. The average APY is over 40% while traditional bank CDs average less than 2%.
No central entity, bureaucracy, or overhead, and no bonuses awarded to anyone besides users who stake HEX. As a simple to use, high interest investment tool, HEX makes you the bank.
Hex is one of the best performing assets over the past 2 years and is currently up by 9’600% from his low in 2020.
HEX price performance
Hex is one of the best performing assets of all time and is currently up by 928’000% from it’s low in 2020. An investment of $100 in 2020 would have turn into $1 million in 2022. The price has now corrected to $0.05 and it is a great entry opportunity.
How to buy Hex
You can buy Hex on exchanges or on DEX (decentralized exchanges).
If you want to use an exchange, we recommend to use Poloniex. Trading fees are low as 0.16% and you can make a deposit on your account using credit card, bank wire or crypto currency transfer. Please also note that creating an account is free. You will also be able to withdraw your HEX coins to a private wallet such as MetaMask or Ledger.
If you prefer to use a DEX (decentralized exchange), we recommend to use Uniswap to buy Hex. Please note that you will need to have a MetaMask wallet and some Ethereum (ETH) to pay the gas fees.
Airdrop on PulseChain
All HEX holders will receive a 1:1 airdrop of pHEX on PulseChain at launch. We estimate the launch of PulseChain to happen during the 2nd half of 2022. No specific action needs to be taken; you only need to store your HEX on a private wallet such as MetaMask. For more information, please visit HEX.com and Pulsechain.com
The HEX movie
A documentary covering the success of HEX crypto currency and his funder Richard Heart is in preparation. You can already enjoy a trailer: