The Hacken Token (HAI) is a utility token that serves multiple purposes within the Hacken ecosystem. It is primarily used for transactions, including payments for security services and rewards for ethical hackers. Here are some key ways HAI is utilized:

1. Work-to-Earn: HAI is a work-to-earn token, incentivizing users to participate in tasks and activities that contribute to building trust and transparency in Web3. For example, users can earn HAI by completing tasks on the Trust Army platform, which involves researching and collecting Web3 data.

2. Product Utility: HAI is used to access various products and services within the Hacken ecosystem. For instance, it can be used to purchase subscriptions or memberships, which offer discounts and enhanced features.

3. Governance: HAI is a governance token, giving holders voting power in the decentralized autonomous organization (hDAO). This allows community members to participate in decision-making processes and shape the direction of the project.

4. Bug Bounty: HAI is used as a reward for ethical hackers who identify security issues on the HackenProof bug bounty platform. Companies can set up rewards in HAI, and hackers can earn extra rewards by using HAI coupons.

5. Smart Contract Monitoring: HAI is used to pay for services on the Hacken Extractor, a decentralized smart contract monitoring security solution. Businesses can benefit from HAI-based subscriptions or Hacken Membership, which offer discounts of 20-30%.

6. Tokenized Equity: HAI is also linked to tokenized equity shares of Hacken, allowing holders to exchange HAI for Hacken Equity Shares (HES). This innovation brings a new level of connection between the token and the real-world business.

Overall, the HAI token is designed to promote fairness, transparency, and community engagement within the Hacken ecosystem, while also providing a range of practical utilities and incentives for users.

To store Hacken Token (HAI) tokens, you have several options:

1. KuCoin Account: You can store your HAI tokens in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. Ensure you set up a strong password and upgrade your security settings to prevent unauthorized access.

2. Non-Custodial Wallets: For enhanced security, you can withdraw your HAI tokens to a non-custodial wallet, such as hardware wallets, Web3 wallets, or paper wallets. This grants you complete control over your private keys, but you must store them securely to avoid losing your tokens.

3. Crypto Wallets: You can store your HAI tokens in crypto wallets like Trust Wallet or Binance Wallet. For long-term storage, consider using a cold wallet for added security.

4. Cold Wallets: Cold wallets, which are offline, are the safest way to store your tokens. There are two types of cold wallets: paper wallets and hardware wallets. Paper wallets are generated offline and printed for secure storage, while hardware wallets are physical devices that store your private keys securely.

Choose the method that best fits your needs and security preferences.

To buy Hacken Token (HAI) tokens, follow these steps:

1. Choose a Centralized Exchange (CEX):

   • Register on a CEX that supports Hacken Token trading, such as KuCoin, gate.io, or MEXC Global.
   • Verify your identity and secure your account with two-step verification.

2. Buy a Base Currency:

   • Use fiat to purchase a base currency like USDT, ETH, or BNB on the CEX.
   • Ensure the CEX supports OTC trading for the base currency.

3. Transfer Base Currency:

• Transfer the purchased base currency to the CEX that supports Hacken Token trading.

4. Buy Hacken Token:
   • Use the base currency to buy Hacken Token in the spot market.

Alternatively, you can use a decentralized exchange (DEX) like 1inch, which supports Trust Wallet. Here's how:

1. Set Up Trust Wallet:

   • Download and set up Trust Wallet on your desktop or mobile device.

2. Buy Ethereum:

   • Buy Ethereum on Binance and transfer it to your Trust Wallet.

3. Choose a DEX:

• Select a DEX that supports Trust Wallet, such as 1inch.

4. Connect Wallet:

   • Connect your Trust Wallet to the DEX using your wallet address.

5. Trade Ethereum for Hacken Token:

   • Select Ethereum as the payment and Hacken Token as the coin to buy. If Hacken Token doesn't appear, find its smart contract address on Etherscan.io and paste it into the DEX.

6. Swap:

• Click the Swap button to complete the transaction.

Remember to be cautious of scams and ensure you have the official smart contract address.