Where to Buy Hegic (HEGIC) Coin

What is Hegic (HEGIC) Coin

Hegic is an on-chain options trading protocol that is powered by hedge contracts and liquidity pools on Ethereum (ETH). A hedge contract is an options-like, on-chain contract that gives the holder or buyer a right to buy or sell an asset at a certain price (strike) as well as imposes an obligation on the writer or seller to buy or sell an asset at a certain time period.

These hedge contracts are non-custodial, trustless and censorship-resistant. The hedge contracts are guaranteed by the liquidity locked into them and the Ethereum Virtual Machine (EVM) that executes the code autonomously.

Hegic introduces a mechanism that integrates a pool model for liquidity providers that want to enhance trustless options trading. This Ethereum-based platform is an options trading portal where traders are able to engage for profit, or directly participate as a liquidity provider for a share of the transaction fees. Each of the contracts is fully created, maintained and settled in a decentralized way without any involvement of third-party processors.

The HEGIC token is an ERC-20 utility token that is used for the distribution of 100% of the settlement fees between all of the token holders. The transaction fees that are accumulated are distributed to all HEIGC holders throughout each quarter. The holders can then participate in governance by determining the rates, the settlement fee sizes, the strike price multipliers and the types of assets supported.

HEGIC token holders get a 30% discount when purchasing contracts.

  • Hegic is an Automated Market Maker (AMM) and exchange for on-chain crypto options trading on Ethereum.
  • HEGIC is the ERC-20 native utility token of the platform and has the following use cases:
    • Platform governance voting.
    • Rewards for liquidity mining and trading.
    • Staking in order to collect settlement fees from the platform.
  • Hegic currently allows WBTC and ETH options trading. Holders of supported assets can deposit and collateralize their assets to provide liquidity for options trading and earn rewards.
  • The HEGIC token was listed on the bonding curve contract via the Hegic website on September 9th 2020, with a start price of 0.0000069 ETH / HEGIC (~0.0027 USD) and a last price of 0.007537 ETH / HEGIC (~2.93 USD), selling 25.00% of the HEGIC total token supply to the public. The HEGIC token has a total supply of 3,012,009,888 HEGIC.

How To Buy Hegic (HEGIC) Coin

1.Step: Everyone who is planning to invest in or benefit from the advantages of cryptocurrencies wonders the answer to Where to buy Hegic coin question. First, you need an online wallet to buy cryptocurrencies. You need to sign up to Binance exchange from here, which is preferred globally to buy coins and you can buy coins with fiat currencies. You can quickly access many assets and trade types such as altcoins, future markets, and margin by creating a Binance account.

2.Step: Complete your registration by typing an email to the email section or typing your phone number on the section available on the mobile tab. Click/tap on the “Buy Crypto with Your Credit Card” option after the registration and verify your identity.

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How Much is a Hegic (HEGIC) Coin

Hegic (HEGIC) coin prices are updated instantly in USD, Euro, Sterling currencies in the following table.

$ 0.009448
Hegic (HEGIC)

Hegic (HEGIC) Coin Review

You can learn more about Hegic (HEGIC) coin reviews and information on cryptocurrencies by visiting their official page available in the following.