HashKey Platform Token Price
(HSK)
USD($)
HashKey Platform Token (HSK) Live Price Chart
Note: The data for this cryptocurrency is provided by TokenInsight. Data provided are for informational purposes only and does not constitute investment advice. Always be mindful of the risks associated with investing.
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HashKey Platform Token(HSK) Profile
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About HSK
How can I buy HashKey Platform Token (HSK)?
What Is HashKey Platform Token (HSK) Crypto?
The HashKey Platform Token (HSK) is the native cryptocurrency of HashKey Group, a leading digital asset financial services provider in Asia. HSK operates on the Ethereum blockchain as an ERC-20 token. It serves multiple purposes within the HashKey ecosystem, including:
1. Payment for Services: Use HSK to pay for various platform services.
2. Trading Fee Discounts: Enjoy reduced trading fees when you use HSK on HashKey's exchanges.
3. Exclusive Access: Gain early access to token pre-sales and other value-added services.
4. Community Rewards: Earn HSK as rewards for contributing to the HashKey community.
5. Governance Participation: Participate in decision-making processes within the HashKey ecosystem.
Additionally, HSK functions as the native token and gas token for HashKey Chain, an Ethereum Layer-2 public chain, supporting the ecosystem's long-term growth.
As of November 2024, HashKey Global, the group's licensed digital asset exchange, announced the initial listing of HSK. Deposits began on November 7, with HSK/USDT spot trading scheduled to start on November 26, 2024.
How Does HashKey Platform Token Work?
The HashKey Platform Token (HSK) is the native cryptocurrency of HashKey Group, a leading digital asset financial services provider in Asia. HSK operates on the Ethereum blockchain as an ERC-20 token. It serves multiple purposes within the HashKey ecosystem, including:
1. Payment for Services: Use HSK to pay for various platform services.
2. Trading Fee Discounts on HashKey: Enjoy reduced trading fees when you use HSK on HashKey's exchanges.
3. Exclusive Access: Gain early access to token pre-sales and other value-added services.
4. Community Rewards: Earn HSK as rewards for contributing to the HashKey community.
5. Governance Participation: Participate in decision-making processes within the HashKey ecosystem.
Additionally, HSK functions as the native token and gas token for HashKey Chain, an Ethereum Layer-2 public chain, supporting the ecosystem's long-term growth.
History of Hashkey and HashKey Platform Token (HSK) Coin
HashKey Group, established in 2018, is a leading digital asset financial services provider in Asia. It offers a comprehensive range of services, including licensed exchanges, asset management, tokenization, and Web3 infrastructure.
In November 2024, HashKey introduced its native cryptocurrency, the HashKey Platform Token (HSK). Deposits began on November 7, with HSK/USDT spot trading scheduled to start on November 26.
What Is HSK Token Used for?
You can use HSK to pay for services, receive trading fee discounts, access exclusive offerings, earn community rewards, and participate in governance decisions.
As of November 2024, HashKey Global, the group's licensed digital asset exchange, announced the initial listing of HSK. Deposits began on November 7, with HSK/USDT spot trading scheduled to start on November 26 on KuCoin.
What Is HashKey Platform Token Tokenomics?
The total supply of HSK is capped at 1 billion tokens. The distribution is allocated as follows:
> 65% for ecosystem growth
> 30% for the team
> 5% reserved for contingencies
To maintain token value, HashKey plans to use 20% of its net profits to buy back and burn HSK tokens, reducing the overall supply over time.
HashKey Platform Token Conversion Rate
FAQ
Is HashKey Platform Token (HSK) a Good Investment?
Investing in HashKey Group and its platform token, HSK, offers several advantages:
1. Comprehensive Ecosystem: HashKey Group provides a wide range of digital asset services, including licensed exchanges, asset management, tokenization, and Web3 infrastructure. This integrated approach enhances your investment opportunities.
2. Regulatory Compliance: Operating within strict regulatory frameworks, HashKey ensures high compliance standards. This commitment to regulation adds a layer of security to your investments.
3. Token Burn Mechanism: HashKey plans to use 20% of its net profits to buy back and burn HSK tokens. This strategy aims to reduce the overall supply, potentially increasing the token's value over time.
4. Growth Potential: As HashKey expands its services and user base, the demand for HSK may rise. This growth could enhance the token's utility and value.
Please note that investing in digital assets carries risks. It's essential to conduct thorough research and consider your risk tolerance before investing.
What Is HashKey Platform Token Price Prediction?
Several factors can influence the HSK price prediction:
1. Market Demand and Supply: The balance between how many people want to buy HSK and how many are available affects its price. High demand with limited supply can drive prices up, while low demand or excess supply can push the HashKey Platform Token price down.
2. HashKey Group's Performance: The success and growth of HashKey Group's services, such as their exchanges and asset management, can impact the $HSK price. Positive developments may boost investor confidence and increase demand for HSK.
3. Utility and Adoption: HSK's use cases within the HashKey ecosystem—like paying for services, receiving trading fee discounts, and participating in governance—can influence its demand. Wider adoption and increased utility can lead to higher demand and potentially a higher HSK to USD price.
4. Market Sentiment: General feelings and perceptions about the cryptocurrency market can affect the HSK token price. Positive news and trends can lead to increased demand, while negative sentiment can have the opposite effect.
5. Token Burn Mechanism: HashKey plans to use 20% of its net profits to buy back and burn HSK tokens, reducing the overall supply. This reduction can create scarcity, potentially increasing the HSK coin price over time.
How do I store HashKey Platform Token (HSK)?
You can securely store your HashKey Platform Token in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your HSK include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
Fear & Greed Index
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Extreme greed90
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2024-11-22 00:54:57 (UTC+8)
24h Volume3,665,117,594USDT