This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Hashflow?

Hashflow (HFT) is a decentralized trading protocol designed for interoperability, zero slippage, and MEV-protected trades. It allows users to seamlessly swap assets across chains without the need for external bridges, ensuring trades are executed at the displayed price with no commission. Hashflow uses a hybrid on-chain/off-chain RFQ engine to fetch quotes from market makers, protecting traders from slippage and MEV exploits.

How is Hashflow used?

Hashflow (HFT) is a multi-functional decentralized network that leverages a non-custodial DEX (decentralized exchange), NFT capabilities, and an innovative gamified governance strategy. Here are the key ways HFT is used:

  1. Cryptocurrency for Value Transfer: HFT can be used as a cryptocurrency to send value between two parties in a peer-to-peer manner.

  2. Staking for Passive Returns: Users can stake HFT to secure passive returns.

  3. Fee Payment and Discounts: HFT can be used to pay fees, and users may receive discounts for doing so.

  1. Governance and Voting: HFT is crucial for governance, as users can stake their tokens to enter into the gamified governance system, where they can vote on and manage the future of the protocol.

  2. Gamified Governance (Hashverse): The Hashverse is a storyverse-driven, gamified DAO and governance platform where users can earn HFT tokens by completing quests. Staked tokens are used to determine users’ health metrics within the Hashverse, and the protocol rewards the most active members of the community.

Overall, HFT plays a vital role in facilitating various activities within the Hashflow ecosystem, including value transfer, staking, fee payment, governance, and gamified governance.

How do I store Hashflow?

To store Hashflow (HFT) tokens, you have two primary options:

  1. Store in a Custodial Wallet:

    • You can hold your HFT in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin acts as the custodian of your crypto assets, ensuring security and convenience. However, you should set up a strong password and upgrade your security settings to prevent unauthorized access.
  2. Store in a Non-Custodial Wallet:

    • For enhanced security and control, you can withdraw your HFT to a non-custodial wallet. This option grants you complete control over your private keys. You can use various types of wallets, including hardware wallets, Web3 wallets, or paper wallets. Be cautious to store your private keys securely, as losing them may result in the permanent loss of your HFT.

How to buy Hashflow?

To buy Hashflow (HFT) tokens, follow these steps:

  1. Choose a Crypto Exchange: Select a reliable and suitable crypto exchange that supports Hashflow, such as KuCoin, Binance, CoinEx, Kraken, Bybit, gate.io, or MEXC. Each exchange has its unique features, fees, and security measures, so research and compare them before making a decision.

  2. Create an Account: Register for a free account on the chosen exchange. This typically involves providing personal information, such as your name and email address. Some exchanges may require Know-Your-Customer (KYC) verification to increase withdrawal limits and unlock additional features.

  3. Add a Payment Method: Connect a payment method to your account, such as a bank account, debit card, or credit card. This will allow you to deposit funds to buy Hashflow.

  1. Make a Purchase: Navigate to the exchange's trading platform and select Hashflow (HFT) from the list of available assets. Enter the amount you want to buy, and the exchange will automatically convert it to the equivalent Hashflow amount. Review the details and confirm your purchase.

  2. Store Your Hashflow: Once the purchase is complete, you can store your Hashflow tokens in a personal crypto wallet or hold them in your exchange account. You can also trade them for other cryptocurrencies or use them for staking and earning passive income.

Remember to carefully consider your investment approach, crypto storage, and other aspects of buying and trading Hashflow, as the cryptocurrency market can be volatile.

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How Hashflow works

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