Major Australian exchanges like CoinSpot and SwyftX do not offer the HEX cryptocurrency because there are some regulatory issues around the currency and its Founder & promoter Richard Heart.
That said, you can still invest in HEX by going through a decentralised trading platform like Sushiswap or Uniswap with your Ethereum wallet (Metamask or Wallet Connect).
Follow the simple guide below to get started.
Sign up to an Australian exchange like CoinSpot
Buy Ethereum (ETH) with Australian Dollars
Setup a Metamask account on your Google Chrome browser
Send your Ethereum from CoinSpot to your Metamask address
Visit this Uniswap Page to swap your ETH for HEX
What is HEX (HEX)
HEX is a high yielding proof of stake network that allows HEX holders to stake and earn up to 38% APY. The HEX platform is also launching a smart contract platform called Pulse Chain that is looking to compete with Ethereum as a lower fee alternative.
The HEX token has grown in popularity after an insane run from 2020 - 2022 having increased in price by over 10,000x while earning a very high yield.
Is Uniswap Safe to buy HEX?
Uniswap is by far the safest and most trusted decentralised exchange on the Ethereum network because it is the longest running without any hacks or smart contract issues. Uniswap was the first ever DEX to deploy the Automated Market Maker (AMM) model, which makes it one of the most innovative platforms in the space.
I spent 5 years as a Commercial Lawyer in Australia before stumbling across the innovations behind Bitcoin and the cryptocurrency space. Ever since, I have been committed to learning more and educating the broader Australian community about Bitcoin, hard money and decentralized finance.
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