Hyperliquid ($HYPE) is a decentralized cryptocurrency launched in 2024 on its own high-performance Layer 1 blockchain, designed specifically for perpetual futures trading. Operating as a decentralized exchange (DEX), Hyperliquid combines the speed and user experience of centralized exchanges with the transparency and security of DeFi, featuring a fully on-chain order book and zero gas fees. The $HYPE token powers the ecosystem, supporting governance, staking, and advanced trading features like leverage up to 50x. With a focus on scalability and community-driven development, Hyperliquid aims to redefine decentralized trading by offering low-latency, high-throughput solutions for traders and developers alike.
1. Create an Account
Visit the Netcoins website and click on the sign-up button. Or download the Netcoins app from the app store for mobile. Enter your email address, create a strong password, and agree to the terms and conditions. You will receive a confirmation email, click on the link to verify your email address.
2. Fund It
Choose your preferred funding method: bank wire transfer, interac e transfer, crypto deposit, or cash deposit. Follow the prompts to transfer funds into your Netcoins account. The process is quick and incurs no fees.
3. Start Trading
Why Buy HYPE?
Investing in Hyperliquid’s $HYPE token could be appealing due to its innovative approach to decentralized finance, leveraging a high-performance Layer 1 blockchain tailored for advanced trading. The platform’s zero gas fee structure eliminates transaction cost barriers, making it attractive for high-frequency traders and potentially driving widespread adoption. $HYPE holders benefit from governance rights, allowing them to influence platform upgrades and new market listings, fostering a sense of ownership in the ecosystem’s evolution. The token also supports a unique vault system, where users can deposit assets to earn returns from trading profits, offering a passive income stream. Hyperliquid’s focus on integrating cutting-edge DeFi tools, such as automated liquidity systems like HIP-2, enhances market efficiency and could attract developers building new financial products. With a team of experienced professionals from top institutions, the project is well-positioned to innovate and compete with traditional exchanges, potentially increasing $HYPE’s value as the platform scales.
How Much Hype Can I Buy?
You can buy as much HYPE as you want starting from the minimum of $10 worth on Netcoins. Using Netcoins you can deposit and trade HYPE without restrictions, enabling you to build or diversify your crypto portfolio according to your needs.
What Does The Future Hold For HYPE?
Hyperliquid’s $HYPE token is set to anchor an expansive vision to “house all of finance” by transforming its Layer 1 blockchain into a permissionless DeFi ecosystem, with the HIP-3 upgrade enabling anyone to create perpetual markets by staking significant $HYPE tokens, thus fostering a diverse financial layer that rivals traditional systems while preserving DeFi’s transparency. HIP-3 empowers users to launch markets for a wide range of assets, such as tokenized real estate, carbon credits, or even prediction markets for events like sports outcomes or political elections on HyperCore’s high-speed order book, while HyperEVM supports smart contract-driven markets for synthetic equities, forex pairs, or decentralized insurance products. This upgrade drives $HYPE’s utility and demand by locking staked tokens, creating deflationary pressure, and supporting the integration of advanced financial tools like algorithmic trading pools and peer-to-peer lending protocols. Enhanced governance empowers $HYPE holders to guide the platform’s evolution, while real-time analytics and HyperEVM’s compatibility attract traders and developers, positioning Hyperliquid as a scalable hub for innovative financial markets with $HYPE as the cornerstone of transactions and growth.
FAQs
Why is KYC (Verification) required?
Netcoins Inc. is a licensed money service business under FINTRAC, and a registrant under the Provincial Securities Commissions, and adheres to the strict guidelines set by them for Money Transmitter Businesses and Securities Registrants. We are required to have a Know-Your-Client (KYC) process and compliance program in place. KYC is a process that allows us to verify the identity of our customers.
What do I need to provide for your verification process?
You will have to provide your email address, phone number and personal information including your first name, last name, address, date of birth and a piece of identification (like a driver’s license). Most users are verified at this point through our automated process. If you don’t pass the automated KYC process, you will have to go through an additional document verification stage. This is important and required as we are a regulated money service business.
How can I fund my account?
Your Netcoins account can be funded with a crypto deposit, Interac e-Transfer, or a bank wire transfer. Once you have funds in your Netcoins account, you’ll find that it’s super easy to buy HYPE in Canada.