Helium was conceived in 2013 by Shawn Fanning, Amir Haleem, and Sean Carey, envisioning a seamlessly connected world of the Internet of Things (IoT). The project is the first-ever stable deployment of a P2P wireless network, and it successfully concluded its mainnet launch in July 2019. Helium is ‘The People’s Network’, wherein nodes can connect low-powered wireless devices to form ‘Hotspots’ for decentralized connectivity. The platform can be leveraged for resource-optimized cryptocurrency mining and to build custom networks secured by Proof-of-Coverage consensus, which in turn, uses the HoneyBadger BFT protocol. It also facilitates LongFi — a LoRaWAN-Blockchain combination comprising multiple sensors, devices, and wireless gateways. Helium’s native token is HNT, which has a maximum supply of 223 million tokens.
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The best place to buy Helium is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Helium (HNT). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of HNT is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Helium with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy HNT instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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Dislcaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.