Everything you need to know about $HNT

Current price: $ fetching data...

Contract Address: hntyVP6YFm1Hg25TN9WGLqM12b8TQmcknKrdu1oxWux

Ticker: $HNT

Blockchain Network: Solana

Apr 11, 2024

What is $HNT?

Helium ($HNT) is a revolutionary cryptocurrency designed to power the decentralized wireless network known as The People's Network. Helium aims to create a global, peer-to-peer wireless network for Internet of Things (IoT) devices, enabling low-power, long-range connectivity at a fraction of the cost of traditional cellular networks. By utilizing a unique proof-of-coverage consensus mechanism, Helium incentivizes users to deploy hotspots, which simultaneously provide wireless coverage and mine $HNT tokens.

The primary mission of Helium is to democratize access to wireless connectivity by leveraging blockchain technology and a decentralized network of individual users. This approach significantly lowers the barriers to deploying and maintaining a global IoT network, fostering innovation and enabling a new wave of connected devices. With Helium, businesses and developers can build and deploy IoT solutions more efficiently and cost-effectively, driving growth in sectors such as smart cities, agriculture, logistics, and environmental monitoring.

Helium's success is driven by a robust and engaged community of hotspot owners, developers, and supporters. The Helium network continues to expand rapidly, with thousands of hotspots deployed worldwide, each contributing to the network's coverage and security. The $HNT token serves as the backbone of this ecosystem, rewarding participants and facilitating transactions within the network. As Helium continues to evolve, it is poised to redefine wireless connectivity and unlock the full potential of the Internet of Things.

This chart visualizes the current price of $HNT to the US dollar.

Here's a step by step guide on how you can buy $HNT.

Option 1: Download Tori Wallet.

Tori is the simplest self custodial mobile wallet that allows you to access crypto opportunities. Instead of buying crypto on a centralized crypto exchange (like Kraken, Coinbase, or Crypto.com), setting up a self custody wallet (like Phantom, Metamask, or Coinbase Wallet), and the 5+ other steps with accessing the world of crypto, Tori simplifies the entire experience into one simple app.

Step 1: Setup Your Account

With Tori, you'll have to do the following:

  1. Create your account with passkeys.

  2. Upload your ID to authenticate your account.

  3. Connect your bank account.

Tori Wallet is currently available on IOS and Google Play Store, but only limited to U.S residents at the moment.

Step 2: Deposit money into your trading wallet.

Once you've connected your bank account, you're able to deposit up to $50,000 USD with no fees.

It takes approximately 1-3 days for your money to settle. From there you can start accessing the world of crypto!

Step 3: Select $HNT to trade.

Once you have money in your trade balance, you can click trade.

Select $HNT.

*Token prices in the screenshots below are outdated*

Step 4: Buy $HNT.

Once you select $HNT, you can now swipe to confirm your purchase.

*Token prices in the screenshots below are outdated*

Step 5 (Optional): Sell $HNT whenever you want.

Whenever you're ready to sell, you can sell $HNT and get USDC, which you can withdraw right into your bank account.

*Token prices in the screenshots below are outdated*

Option 2: Use a centralized exchange, self-custody wallet, and DEX's.

To buy $HNT as a crypto beginner, you can follow these steps:

1. Get a Crypto Wallet: You'll need a digital wallet to store your $HNT tokens. Popular options include Phantom, Solflare Wallet, or Coinbase Wallet. Download and set up your chosen wallet.

2. Purchase Solana (SOL): $HNT is a token on the Solana blockchain. You'll need to buy some SOL to cover transaction fees and to swap for $HNT. Use a reputable exchange like Coinbase, Binance, or Kraken to purchase SOL with your local currency.

3. Transfer SOL to Your Wallet: Withdraw your SOL from the exchange to your wallet. Make sure to double-check the wallet address before confirming the transfer.

4. Choose a Decentralized Exchange (DEX): You can use a DEX like Raydium, Orca, or Serum to swap your SOL for $HNT. These platforms are like marketplaces where you can trade cryptocurrencies directly with other users.

5. Connect Your Wallet to the DEX: Follow the DEX's instructions to connect your wallet. This usually involves clicking a "Connect Wallet" button and selecting your wallet type.

6. Swap SOL for $HNT: Once your wallet is connected, you can swap your SOL for $HNT. Enter the amount of SOL you want to trade, and the DEX will calculate how much $HNT you'll receive. Review the details and confirm the transaction.

7. Wait for the Transaction to Complete: The swap might take a few seconds to a few minutes to complete. Once it's done, you should see the $HNT tokens in your wallet.

Remember to be cautious when dealing with cryptocurrencies. Always double-check addresses, transaction details, and use secure, reputable platforms.

Certain content has been prepared by third parties not affiliated with Utopia Labs Corp. or any of its affiliates and Utopia Labs Corp. is not responsible for such content. Utopia Labs Corp. is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information on content could be out-dated. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Utopia Labs Corp. makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary.

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