HEX.com has succeeded in bringing banking’s second most popular product — the time deposit — to the blockchain. This week marks another all-time high in HEX, with tokens trading above 3 cents for the very first time. Additionally, The Staker Class in HEX is paid an average 40% APR yield on top of HEX’s price appreciation for committing to stake tokens for time periods of their choosing. Leading the way not only in decentralized finance (DeFi), but also outperforming other markets, HEX appears to be attracting more users now than ever.
At the time of writing HEX is ranked #13…
Grayscale is the tip of the spear on Wall Street when it comes to regulated cryptocurrency based investments. Indeed, Grayscale is paving the way for investors by providing access to shares in about a dozen different cryptocurrency trusts without investors having to hold the actual underlying coins. Today investors’ attention and curiosity aimed at this special asset class is ever-growing, with Grayscale’s assets under management a clear indicator of this.
Just shy of 4 years ago I discovered a charmingly humble Welsh gentleman on YouTube — Louis Thomas — offering viewers a fresh perspective on cryptocurrency markets along with an open invitation to join in the journey. Easy to consume and digest, his videos have a very enjoyable, conversational quality to them. Adding to the viewer experience oftentimes Thomas films in a vlog style, taking his audience on scenic walks through his beautiful Welsh countryside. Upon looking back, what an awesome journey it has been (and continues to be)!
Louis Thomas has proven to be a treasured rarity in the…
What if you could place your COVID stimulus check in a coffee can, bury it in your backyard, and when you dig it up in the future it had multiplied many times over and received interest payments on top of it — all just for holding it securely for a time period of your choosing. That’s precisely what many did with their first stimulus checks from April; except they didn’t plant them in their backyards — even easier— they securely deposited (or staked) them in the blockchain’s first fully audited, high interest time deposit financial product: HEX.com. …
Cryptocurrencies are the highest appreciating asset class in the history of mankind. Bitcoin’s price did 2,000,000x from $0.01 to $20,000 in 7 years. Ethereum did 10,633x from $0.15 to $1,595 in 2.5 years. It is also true that cryptocurrencies commonly experience up to 95% drawdowns.
HEX.com talks a lot about these truths — more so than any other cryptocurrency website in fact — because the number one use case for cryptocurrency has been, and still is: Return on Investment (ROI). …
This guide assumes you have HEX in your MetaMask wallet; if not, please see the related short article: How to Buy HEX in 3 Easy Steps.
Setting up your private MetaMask wallet takes less than 2 minutes, as demonstrated in this easy walkthrough:
One of the simplest ways to get Ethereum (ETH) is using the deposit or buy feature inside your new MetaMask wallet, as demonstrated below in this short 1 minute video.
Other options may include using Bitstamp, Coinbase, Kraken, or Gemini to buy ETH and send it to your MetaMask wallet address.
The following are excerpts in their original context. For the full interview please check out Bitcoin.com Podcast Network.
How did this idea come to you, and what is HEX?
Well I’ve been in Bitcoin since early 2011; I’ve mined full blocks on my own, which had 50 Bitcoin block rewards at the time. I’m a serial entrepreneur. I retired in 2003; started traveling the world; had 150 employees; I’m a self made man who’s done a lot of things successfully, and HEX is another one of those things.
If you want to replace banks you’ve got to replace all of…
Originally published November 10, 2020 on CoinPedia.org
Updated and printed with permission of the author.
HEX.COM is outperforming every market in 2020. Ranked Top 20 by Nomics.com (BTI verified #1 in Market Data Integrity), over $1.6 billion HEX are in active stakes paying stakers a variable 25% APY. Adding to investor confidence, the average stake length is 2 years; the longest stakes are 15. This kind of verifiable onchain commitment seen in HEX is unprecedented in cryptocurrency. All figures cited herein are at the time of writing.
Originally published on MarketWatch; republished on Yahoo Finance.
Updated and printed here with permission of the author.
Nov 15, 2020…
🧔🏻 Follow on Twitter @250smurf || Freelance Investigative Journalist || Bay Area, CA