HEX Price, News and Analysis (HEX)

HEX (HEX) Frequently Asked Questions

What is HEX?

HEX is the first high-interest Blockchain CD. CDs pay higher interest than savings accounts, requiring money to be deposited for a fixed time. HEX aims to replace inefficient currencies, banks and payment networks with verifiably secure peer-to-peer technology. HEX takes the profit out of banks and government money printing and gives it to HEX holders.HEX is a hybrid proof of work(POW) and proof of stake(POS) system. Stakers are paid handsomely in HEX while miners can be paid just pennies in ETH to perform your HEX transaction.HEX conforms to the ERC20 standard to maximize interoperability and security. Every HEX consists of 100,000,000 Hearts (1 with 8 zeroes or 100 Million.) Which is funny because when you stake, you have "staked Hearts."Hardware wallet support: Trezor and Ledger are integrated with both MetaMask (for HEX and ETH) and Electrum (for Bitcoin.)FreeClaiming is totally secure. Generating signatures is a standard feature in Bitcoin and can be done totally offline. Electrum is a great Bitcoin wallet. If you use a trezor or ledger hardware wallet, you use it through Electrum which is a handy way to generate your BTC FreeClaim signature if the software you're using doesn't have the feature. Your private keys stay safe inside your hardware device this way. If you really love anonymity you can claim each BTC address to a new ETH address over TOR or other proxies.HEX is easily extensible because smart contracts can be built on top of it or reference it.HEX works with distributed exchanges and atomic swaps easily. (Description provided by CryptoCompare)

How do I buy HEX?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including HEX.

Where can I get HEX wallet?

HEX produces its own wallet software that is available for download on its website, which allows you to store HEX on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of HEX?

One HEX (HEX) is currently worth $0.47 on major cryptocurrency exchanges. You can also exchange one HEX for 0.00001059 bitcoin(s) on major exchanges. The value (or market capitalization) of all available HEX in U.S. dollars is $82.35 billion.

What hashing algorithm does HEX use?

HEX is a coin that uses the Ethash algorithm.

What coins are similar to HEX?

The following coins use HEX's Ethash algorithm and proof-type: Quant, Zilliqa, MXC, PARSIQ, DXdao, Receive Access Ecosystem, Qubitica, Egoras Dollar, Earneo, Upfiring, VeriDocGlobal, ETERNAL TOKEN, EURBASE, The ChampCoin and FNKOS.

What is the Reddit page for HEX?

The official Reddit community (subreddit) for HEX is r/HEXcrypto.