Price
$0.11
11/30/2022, 4:57:30 PM
diamondHands

Buy HedgeTrade with Coinbase Wallet

HedgeTrade can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$41.9M

Volume (24h)

$2,238.41

Circulating supply

348.7M HEDG

All time high

$3.43

Price change (1h)

-0.02%

Price change (24h)

+2.69%

Price change (7d)

+10.64%

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HedgeTrade is on the rise this week.

The price of HedgeTrade has risen by 10.64% in the past 7 days. The price increased by 2.69% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $0.11 per HEDG. HedgeTrade is 96.84% below the all time high of $3.43.

The current circulating supply is 348,731,468.375 HEDG.

About

What Is HedgeTrade (HEDG)?

HedgeTrade is a networking hub for cryptocurrency and financial trading experts and newcomers seeking trading predictions for stocks, cryptos, and other tradable products. HedgeTrade aims to build a community based on transparency and trust to enable every individual to improve their market awareness, trading skills, and transactional profitability.

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As per its whitepaper, the blockchain technology of the HedgeTrade platform allows traders to submit predictions into a smart contract-driven “Blueprint” that users can purchase. Traders are rewarded if the Blueprint is correct; otherwise, the users' purchase is refunded. The true or false results are based on real market information. The reward and automated verification system enhance a trader’s credibility, motivation to succeed, and earning potential.

Each smart contract at HedgeTrade is written based on the parameters set by the traders using its web application. When any audience buys the “Blueprint,” the executed outcome affects the trader’s ranking, reputation, and HEDG earnings. Incorporating smart contracts into the Blueprints creates a high level of verification and transparency of an analyst’s performance, which affects the trader’s ranking and rewards.

The proof-of-rank algorithm, a multivariable set of formulas, assigns each trader an overall rank on the platform. POR integrates the proprietary algorithm that effectively quantifies the prediction performance of each Blueprint.

Further, Oracle is the agent that validates and submits market information to the blockchain used by smart contracts. When a particular value is reached, an event is automatically triggered. Oracle provides these values to the smart contracts while maintaining the verifiable proof of integrity.

To incentivize truthful action, a decentralized dispute resolution process was designed. The process begins automatically with the notification of high-ranking users who have opted to join dispute resolutions. After this, all qualified users have to stake HEDG tokens to cast their vote if the Blueprint in question is correct or not. Users who vote on the majority's side are rewarded with HEDG tokens.

Also, HedgeTrade, in comparison to other trading platforms, presents such a degree of difficulty to spammers and manipulators that make fraudulent activities impractical. One tool that helps HedgeTrade identify account legitimacy is Artificial Intelligence (AI).

History of HedgeTrade (HEDG)

HedgeTrade platform development started in 2017 and is currently operated and supported by twenty-five full-time employees. The HedgeTrade headquarters are based in Singapore, and the team members are extended to North America and Europe. The total supply of HEDG tokens is 1,000,000,000.

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FAQ

What is the current price of HedgeTrade?

The price of 1 HedgeTrade currently costs $0.11.

What is the market cap of HedgeTrade?

The current market cap of HedgeTrade is $41.95M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of HedgeTrade?

The all-time high of HedgeTrade is $3.43. This all-time high is highest price paid for HedgeTrade since it was launched.

What is the 24 hour trading volume of HedgeTrade?

Over the last 24 hours, the trading volume of HedgeTrade is $2.24K.

What other assets are similar to HedgeTrade?

Assets that have a similar market cap to HedgeTrade include Celo Dollar, SOMESING, Electroneum, and many others. To see a full list, see our comparable market cap assets.

How many HedgeTrade are there?

The current circulating supply of HedgeTrade is 349 million.