Helium: The Best Blockchain Platform Available in the Market Right Now

It is expected that the cryptocurrency market will end up growing from 1.6 billion USD in 2021 to 2.2 billion USD by 2026. The main reason why people are seeing such a huge growth in the cryptocurrency market is its volatility. Most people who have invested in cryptocurrencies have ended up earning millions in a short period.

Covid has also been a huge reason for the growth of the cryptocurrency market because a lot of people ended up losing their jobs during the pandemic turning them into crypto traders. Since the pandemic hit all across the globe more and more cryptocurrencies are releasing globally creating a huge opportunity for traders to earn money.

Helium token
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What is the Helium token and how it works?

Today we will be talking about Helium also called HNT which is a decentralized blockchain-powered network for all IoT devices. Helium has been there since 2019 after it was released in June. The main net of Helium was first released which attracted a huge range audience towards it. With the help of Helium, users are allowed to communicate with each other and send data across through different wireless devices. All the data that will be transferred will be with the help of nodes in Helium.

All the nodes in Helium are popularly called Hotspot which is a combo of blockchain mining devices and wireless gateway. Users who generally operate through Helium nodes with help of mining earn rewards in Helium’s native cryptocurrency token which is called HNT.

Helium has been confounded by three people in 2013 which are Sean Carey, Shawn Fanning, and Amir Haleem. Amir Haleem has been a game developer for a long time and has been an active part of the eSport industry. Shawn Fanning is popularly known for developing Napster which is a music sharing service that was one of the first mainstream peer-to-peer internet services in the 1990s. Sean Carey has been part of a company called Where which was acquired by PayPal.

The main aim of Helium is to improve all types of communications between wireless IoT devices. When Helium started in 2013 all the devices around were still not fancy. Developers wanted to concentrate on a decentralized network so they worked on it. Once the IoT devices got fancier the use of Helium increased drastically. Helium attacks people who are interested in IoT space with financial incentives which end up providing further outreach possibilities.

If you are into mining and you are thinking of mining Helium then the approximate mining time is around 30 to 60 minutes. Users will be able to unlock rewards which are all distributed depending on the growth plan. At the beginning of mining Helium node owners will be able to accrue more coins for building the entire infrastructure. The better the infrastructure the easier it will be to transfer device data. It is expected that the adjustment will end up lasting for 20 years. In October 2020 there were a total of 48,712,218 HNT available for circulation. When the token was launched the supply was zero with no pre-mine.

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Helium Token Details

The price of Helium is right now at USD 21.29 and it has a 24-hour trading volume of USD 50,370,753. The price of Helium is almost down by 13.06% in the last 24 hours. Helium is now ranked at 62 in the current crypto market with a live market cap of USD 2,050,064,439. As of right now the circulating supply of Helium is 96,282,472 HNT coins and it has a maximum supply of 223,000,000 HNT coins.

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How to buy a Helium coin?

Helium has become quite popular in a short period because of the blockchain technology it offers. If users are investing in cryptocurrency then it is important to figure out what exchange they want to go with. There are multiple exchanges available in the market and it is totally up to the user to decide which one they are comfortable in. Make sure to choose an exchange that supports Helium transactions.

Find a cryptocurrency exchange

Once users can find a cryptocurrency exchange on their own all they need to do is go through the registration process and activate the account with all the correct user credentials.

Add a payment method

In the next step simply add the payment method with debit or credit card details or bank account details.

Buy cryptocurrency

Select the cryptocurrency you want to purchase Helium in this case and proceed to checkout. Make sure to check the number of tokens you want to buy before proceeding

Transfer your cryptos to an altcoin exchange

An altcoin exchange is very important in this case because that is the only way users will be able to store their cryptocurrency safely.

Register yourself on the altcoin exchange

If you have not registered to any altcoin exchange simply signup to one and wait for the account to get activated before storing the cryptocurrency coins.

Deposit into your altcoin exchange account

Once the account is activated, store all the coins in the exchange and this will help users trade with those coins easily.

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Conclusion

If users are thinking of getting their hands on cryptocurrencies and blockchain technologies then this is the right time. The cryptocurrency market has been booming and it is expected to grow rapidly in the coming time.

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EverRise: Time to Invest in this Crypto Early On

EverRise is a perfect cryptocurrency that rewards all investors for holding tokens. Buyback is something that has made so much buzz around the crypto market and has made EverRise quite a name in a short period. The work behind EverRise is still going on and the coin is still evolving every day. This is the perfect time to invest because the prices are quite low and within a short period EverRise will show a lot of profits.

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