Question 1

What is HEX?

Accepted Answer

HEX is a cryptocurrency that was launched in December 2019. It is based on the Ethereum blockchain and uses a proof-of-stake consensus algorithm. HEX is designed to be a high-interest blockchain-based savings account, where users can earn interest by staking their HEX tokens for a set period of time. It has a fixed supply of 687,540,000 HEX tokens, which were distributed through a "free claim" process for Bitcoin holders and through direct purchase on cryptocurrency exchanges.

Question 2

Who created HEX?

Accepted Answer

HEX was created by Richard Heart, a well-known figure in the cryptocurrency community. Heart is a serial entrepreneur, author, and self-proclaimed "Bitcoin maximalist" who has been involved in the cryptocurrency industry since its early days.

Question 3

What is it used for?

Accepted Answer

HEX is primarily used as a high-yield savings account where users can earn interest on their holdings by staking their tokens for a set period of time. The longer a user stakes their tokens, the higher the interest rate they can earn. HEX is also traded on various cryptocurrency exchanges, where users can buy and sell the token for other cryptocurrencies or fiat currencies. However, it's important to note that investing in HEX or any other cryptocurrency carries significant risks, and users should always conduct their own research and due diligence before investing.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	HEX-USDT hex_usdt	xtpub	-	0.001144USDT	1.82%	704,273,878.40HEX	18,752	0.001123USDT	0.001161USDT
2	HEX-BTC hex_btc	yobit	-	0.0₇2000BTC	0.00%	0HEX	0	0.0₇2000BTC	0.0₇2000BTC
3	HEX-USD hex_usd	yobit	-	0.001671USD	0.00%	0HEX	0	0.001671USD	0.001671USD
4	HEX-ETH hex_eth	yobit	-	0.0₆4400ETH	0.00%	0HEX	0	0.0₆4400ETH	0.0₆4400ETH
5	HEX-WAVES hex_waves	yobit	-	0.005600WAVES	0.00%	0HEX	0	0.005600WAVES	0.005600WAVES
6	HEX-DOGE hex_doge	yobit	-	0.02200DOGE	0.00%	0HEX	0	0.02200DOGE	0.02200DOGE