Buy, Sell, & Trade HNT
Exchange HNT with USD and Cryptocurrency
As the world evolves alongside technology, more innovative projects and networks become decentralized. Blockchain networks have become competent replacements for services traditionally centralized to one company or corporation. By leveraging consumer machines to create a peer-to-peer network, blockchains remove the dependence on one entity, meaning no single person has the power to pull the plug on an entire platform. Cryptocurrencies like Helium (HNT) allow for very robust, innovative and powerful projects to be built on blockchain networks.
HNT is the token used by Helium to serve as the native cryptocurrency within its blockchain network. The first HNT was generated in 2019, and each token is mined for Helium hotspot hosts and network operators. HNT can also be used for development teams and projects which utilize the Helium network.
The Helium network is a decentralized wireless data network that allows users to connect to the internet without needing a centralized data provider. The low-energy components used in Helium’s network of hotspots mean those who choose to host a hotspot will have minimal maintenance on the unit. Helium users can connect compatible devices such as their cell phone or laptop and utilize location services without satellite tracking.
For the Helium network to operate, a unique blockchain was created with HNT as the token used to reward both Helium hosts and customers. This approach opened up the data market to more competition leading to lower data prices, an important factor given how expensive data has become.
Who created HNT?
Helium was co-founded in 2013 by a team of three experts who come from different disciplines. The Helium team consists of Amir Haleem, Sean Carey and Shawn Fanning. Haleem brings years of experience in the esports and gaming industry to Helium, with Carey being a key developer for the project.
Fanning is the biggest name amongst the founders, having most notably worked on the development of the infamous Napster music sharing app. The peer-to-peer service provided by Napster is the foundation for blockchain networks and transfers seamlessly to the functions of the Helium network.
The Helium Network officially launched in July 2019, with a series of nodes being established for network access. Each node is a hotspot that mines HNT for the host and acts as a wireless access point to connect to the internet.
How do I exchange and Trade Helium?
Exchanging and trading Helium’s HNT tokens is easily done through cryptocurrency exchanges. The first step is creating an account through a platform such as Rubix and depositing a local fiat currency to exchange for HNT. An example would be using a debit card or wire transfer to deposit USD and then using those funds to acquire HNT. Then the tokens can be freely traded for other cryptocurrencies or withdrawn as USD.
Exchange HNT using Rubix
The Rubix wallet is an exciting new cryptocurrency exchange created to help new users trade HNT and other cryptocurrencies. It was crafted with new users in mind to allow traders with little to no knowledge of the market to dip a toe into the world of cryptocurrency. Users can conduct their research and then quickly exchange or trade directly within their account with a clean and straightforward user interface. Deposits can be made to exchange for more HNT or other cryptocurrencies, and cashing out is easily done through the Rubix wallet.