As the world’s largest cryptocurrency exchange by trading volume, Binance is no stranger to offering a variety of assets to its users. In addition to the many cryptocurrencies that are available for trade on the platform, Binance also lists a number of other digital assets, including non-fungible tokens (NFTs) and security tokens.
Now, the platform is expanding its offerings yet again with the addition of Helium (HNT), a new cryptocurrency that is designed for use on the Helium network.
Helium is a decentralized network that allows anyone to build and operate their own wireless network using Helium Hotspots. These Hotspots connect devices to the internet using The People’s Network, a decentralized wireless network that anyone can access.
The Helium network is designed to be more efficient and cost-effective than traditional cellular networks, and it also offers increased security and privacy features.
The Helium token (HNT) is used to power the Helium network and incentivize Hotspot operators. hotspot owners earn HNT rewards for every device that connects to their Hotspot and uses the network.
NOTE: Warning: Purchasing helium on Binance is not allowed. Binance is a cryptocurrency exchange and does not support transactions involving helium. Any attempts to purchase helium on Binance will result in a violation of their terms of service and may lead to account suspension or closure.
These rewards can then be used to purchase additional Hotspots or exchanged for other cryptocurrencies.
Binance will list HNT with two pairs: HNT/BTC and HNT/USDT. Trading will open on 2021-03-04 at 8:00 AM UTC.
HNT deposits will open on 2021-03-02 at 8:00 AM UTC, and withdrawals will open on 2021-03-04 at 8:00 AM UTC.
Please note: All times listed are in UTC.
Can I Buy Helium on Binance?
Yes, you can buy Helium on Binance. Helium (HNT) is now available for trade on Binance in two pairs: HNT/BTC and HNT/USDT.
10 Related Question Answers Found
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