HedgeTrade (HEDG) Price, Market Cap and Information

HedgeTrade is a blockchain platform where the world's best traders share their knowledge. Traders publish predictions on Blueprint based on smart contracts that other users can purchase for personal access. Traders receive a reward if the forecast is correct, otherwise (if the forecast has not come true), user money is returned. The platform allows users to hedge their risks and maximize profitability through access to valuable market data.

The project started in 2017. It was then that the ICO took place, during which the developers sold 30 million tokens worth about $ 15 million. Bonus coins were awarded to early investors: first 15% of the purchase volume, then 3% each. The total issue is 1 billion HEDG, now 288 million coins are in circulation. From time to time, developers conduct free giveaways, the last one took place in May 2019.

HedgeTrade is a platform where the world’s best traders share their knowledge. Traders post predictions into a smart contract-powered Blueprint that users can purchase or unlock in order to access. Traders are rewarded if the Blueprint is correct, otherwise the users purchase is refunded.

Altcoin uses a PoS algorithm, so traditional mining is not possible. Staking mechanisms have not yet been developed (or even announced), so it remains only to buy coins. Currently, cryptocurrency is presented only on four exchanges: CoinTiger (69% of the total turnover, pairs with BTC and ETH), STEX (almost 20%, BTC), Bittrex (11%, BTC), CoinExchange (less than 1%, ETH and BTC) . With the exception of Bittrex, other exchanges are little known and not much popular. With crypto asset storage things are better. HEDG is an ERC-20 standard token.

So, you can keep it on MyEtherWallet, MetaMask, Trezor, Ledger Nano S, KeepKey, ImToken and other popular crypto-wallets. The token is irrevocably tied to its ICO project. But at the same time, it is based on the existence of a basic cryptocurrency. The main trading rule says: the existence of a cryptocurrency without a token is possible, but there can be no token without a cryptocurrency.

The token can serve as a reward on any gaming or trading platform, as well as be a unit of account. The HEDG token can be used in two ways: as an economic intermediary and as a reward for the productive interaction of trading experts and their clients; in the role of a practical tool for making money due to the lack of exchange rate stability on trading floors where it is available for trading.