Hegic (HEGIC) is a trading protocol based on hedge contracts and liquidity pools grounded in the Ethereum network. A hedge can be defined as opening a position in the opposite direction of an existing asset or financial product to protect against potential financial risks or downturns in future dates. This indicates that the cryptocurrency and the project in question have the potential to protect investors from future risks, conducting trades based on these contracts.
The mentioned hedge contracts possess a non-custodial, trustless, and censorship-resistant structure. The guarantee of these hedge contracts is provided directly through liquidity locked on the EVM, with all operations facilitated through smart contracts. HEGIC allows liquidity providers to invest in a much safer manner. The Ethereum-based platform currently serves as an option trading institution providing hedge to investors.
What is HEGIC (HEGIC)?
HEGIC Coin is a service token based on ERC-20. HEGIC Coin, necessary for all transactions in the network and used directly on the network, gained popularity with a portion of transaction fees being returned to the community. A certain part of the transaction fees on the network is distributed among all HEGIC holders, aiming to attract more HEGIC investors every quarter. Additionally, HEGIC token holders receive a 30% discount on new contract purchases.
Ranked 307th in terms of total market value, HEGIC has a unit price of 0.027 dollars. HEGIC has achieved a trading volume of 5 million dollars in the last 24 hours and has released its entire supply into circulation. Reaching a total market value of 100 million dollars, HEGIC particularly appeals to investors who use option contracts.
Where to Buy HEGIC Coin?
To purchase HEGIC Coin, Binance, the world’s largest cryptocurrency exchange by trading volume, can be used. HEGIC/BUSD trading pair or HEGIC/ETH can be employed to buy HEGIC on the Binance cryptocurrency exchange. It is noted that the highest trading volume is in the HEGIC/BUSD trading pair, hence this trading pair can be considered for purchase.
