Backpack Lists Helium Network Token (HNT) For Spot Trading
Edited

Trading of HNT will start according to the following schedule:

  • Spot trading for HNT/USDC opens at 12:00 PM JST on January 2, 2024

  • HNT deposits and withdrawals will open at 11:30 PM JST on January 2, 2024

What is Helium Network Token?

The Helium Network Token (HNT) is the native cryptocurrency and protocol token of the Helium Network.

The original Helium blockchain produced the first HNT on July 29th, 2019, on block 93. There was no pre-mine of HNT before the launch of the Network. The Helium network migrated to the Solana Blockchain on April 18, 2023.

HNT serves the needs of the two primary parties in the Helium Ecosystem:

  1. Hotspot Hosts and Operators. Hosts are rewarded in network tokens like IOT or MOBILE while deploying and maintaining network coverage. These network tokens are redeemable for HNT.

  2. Enterprises and Developers use the Helium Network to connect devices and build IoT applications. Data Credits, which are a $USD-pegged utility token derived from HNT, are used to pay transaction fees for wireless data transmissions on the Network.

Ticker: HNT

Circulating Supply: 159,533,190

Tick size: 0.001 USDC


Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience in investment, and seek independent financial advice if necessary.

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