Today, thousands of cryptocurrencies are available in the Defi industry, making it easy to invest in unprofitable coins and record only losses. But, on the flip side, there are some exciting protocols you can invest in without worrying about their profitability. One such project is Hoge Finance. So, if you’re interested in how to buy Hoge Finance coin, keep reading.
In this guide, we cover everything you need to know about Hoge Finance crypto, including what it is, how it works, and the best places to invest today.
How to Buy Hoge Finance Coin UK – Quick Steps
In a rush to invest in this Defi coin? No problem. Follow this quick-fire procedure to buy Hoge Finace coin on eToro, our recommended crypto broker.
1. Get an eToro account – Click here to visit the eToro website and then locate the ‘Join Now’ button to register
2. Upload national ID – Provide eToro with required documents for account verification
3. Make a deposit – Deposit $50 (about 37.67 GBP) minimum via a credit/debit card, bank wire transfer, Skrill, PayPal, and Neteller
4. Buy Hoge Finance Coin – Type in the coin you wish to buy into the search bar, locate and click on the ‘Trade’ to go to the order page. Insert the amount you want to invest and click on the ‘Open Trade’ button to finish purchasing the coin.
68% of retail investor accounts lose money when trading CFDs with this provider.
Where to Buy Hoge Finance Coin UK
If you wish to buy Hoge Finance Coin UK, you must first find a good broker. There are numerous providers available today – a few good, some bad, and let’s not forget about ugly ones.
To help point you in the right direction, here are the two best options serving UK clients.
1. eToro – Best UK Crypto Broker to Buy Hoge Finance
eToro is an innovative decentralized cryptocurrency exchange. The exchange uses modern technology to allow users to trade vast crypto assets. Regarding limits, within eToro, the least tradable amount is $20, while the least deposit amount is $50. The broker allows users to deposit bank account linking or debit/credit cards.
The crypto exchange collects its trading charges via trading spreads that may follow an upsurge or decline depending on market conditions. However, unlike other crypto exchanges, eToro charges traders based on round-turn (one spread for purchasing and selling crypto coins). Most crypto-asset trading spreads vary from 1.9% to 2.9%, whereas it charges 0.75% for Bitcoin and 5% for Tezos.
eToro offers over 120 cryptocurrencies in total, including all the top coins as well as many new cryptocurrencies. So whether you want to buy cryptos like Bitcoin and Ethereum or invest in Bitcoin alternatives, this is a great and easy place to do so.
One significant benefit of eToro over others is that it enables you to duplicate and automatically trade the strategies of crypto pundits through its innovative copy trading tool. You can select whichever trader you would love to copy, and with only one click, you’d be able to clone their positions. Also, to prevent potential losses, you can set a stop-loss level for your trades. Moreover, eToro is regulated by top financial watchdogs including the FCA, so users’ funds are safeguarded with top level protection.
Notably, in eToro, the least amount you can copy trade is $200, and the highest amount is $500,000. In addition, users have access to copy over 100 traders simultaneously. eToro doesn’t yet support the Hoge Finance Coin, but the exchange is undergoing developments to feature the coin.
- Supports over 17 crypto assets.
- Copy-trading feature with high versatility and transparency.
- Free access to ETF and stock trading.
- Affordable funding and trading limit.
- Limited customer support feature.
- Provides access to only one account fiat currency
- Costly non-trading charges.
68% of retail investor accounts lose money when trading CFDs with this provider.
2. Bybit – Popular Crypto Exchange with Low Fees
Bybit is a crypto exchange platform that allows users to trade Spot and derivatives while focusing more on margin trading. The platform offers users the access to leverage over 100 times on ETH/USD and BTC/USD trading pairs. Bybit is an ideal exchange for traders who want to trade in an exchange with well-advanced trading features. It has enhanced charting components and is also transparent to navigate. In addition, the exchange allows you to set Stop Loss/Take Profit levels, which are essential for reducing trading losses.
Also, Bybit has a vast user base (over 2 million monthly users), thus providing its high liquidity. Most times, its 24-hour trading volume surpasses $10 billion. The platform allows you to trade spots and derivatives and also trade margins of over 100% leverage. Other asset pairs you can trade include inverse futures, USDT Perpetuals, Inverse Perpetuals, and Spot.
Furthermore, the crypto exchange provides options for newcomers and for expert traders. When depositing into the platform, Bybit doesn’t charge any amount. However, the service provider of the fiat will charge a transactional fee.
There is a variety of fees for trading fees required for both market makers and market takers and depending on the type of trading. For example, Bybit charges market takers 0.1% when spot trading, but market markers get 0% charge. On the other hand, for derivative trading, market makers pay 0.025% for performing a trade whereas, market takers pay 0.075% for their transactions.
Cryptoassets are highly volatile unregulated investment products. No EU investor protection.
How to Buy Hoge Finance Coin UK – Tutorial
eToro is a versatile and robust platform that enables you to access multiple financial transactions and opportunities. The exchange provides utmost security for crypto transactions while allowing users to copy professional traders. To invest in Hoge Finance Coin via eToro, our recommended broker, you must follow these steps.
1. Open an account with eToro
Go to eToro.com and navigate to the “Join Now” button. Once you click on it, you will be taken to a webpage where you need to fill in your basic details. After that, eToro will send you an email confirming your account.
2. Upload ID
Once you’ve successfully signed up, the website will take you to a page to verify your identity. To do this, you will need to upload your government-approved identity card (based on your country). After uploading your ID, you will receive a message on whether or not the platform has approved your ID.
After ID verification, the broker will notify you about your account validation — and you will be able to trade crypto on the platform. To do this, navigate to the dashboard at the right part of your screen. At the bottom, you will see the ‘Deposit’ button. Click on it, and a pop-up will come up, showing you an option for the currency you want to trade with and the amount you desire to trade with.
4. Buy Hoge Finance Coin
In the dashboard at the center of your screen, you will see a search bar. Click on it and type the desired token you want to purchase, in this case, Hoge Finance Coin. Currently, eToro is making preparations to integrate the HOGE coin. So, there is no available access to the coin via eToro just yet. For now, consider other decentralized exchanges where you can buy Hoge finance.
What is Hoge Finance Coin?
Hoge finance (hoge) is a meme coin that’s built and hosted on the Ethereum blockchain. The deflationary cryptocurrency was launched on February 7, 2021. It is also known as the “Doge but DeFi” and emphasizes puppies, charity, and memes.
Since its inception, the project’s founders have focused the token towards humanitarian actions, building animal charities, and non-profit organizations. In May, the protocol launched a non-profit DAO in Switzerland to facilitate community-governed actions for the Hoge coin and confirm transactions with centralized crypto exchanges.
The Hoge token is the native governance token and the first DeFi meme coin to conclude the CertiK audit. Another notable thing about Hoge Finance is that it doesn’t have a revenue structure or developer wallet embedded into it. Over 80-110 developers are currently working on the project free of charge. On the other side, the community gets payments to contribute to the platform.
HOGE Finance Crypto has a supply cap of 1 trillion HOGE coins as a deflationary token. Half of that amount was burnt at the token launch. The token burning was created to stabilize transactions at the beginning to redistribute 2% to token holders, while 1% of each amount in a transaction is burnt. Thus, for every transaction that occurs, 2% of that amount is distributed and taken out of the overall supply.
As the platform burns more tokens, the burn rate expands slowly, thus increasing the token scarcity while distributing it to token holders. Also, the Hoge coin price value increases directly proportional to the number of increasing transactions.
Hoge community controls the HOGE protocol. For a while, the community was anonymous, but some developers announced their identities via “self-doxxing” publications during the first parts of the year. Among the team are a significant array of experts in specific segments of innovation.
Below we cover four of the development team members.
Zarch Issa Al-Kharusy
Zarch is the Head of Talent and Culture for the Hoge Foundation. He runs a leading agricultural firm and supervises Salesforce performance for one of the Fortune 500 companies. Also, Zarch has established up a Diversity Equity and Inclusion community for another leading firm.
Zarch is a Master’s Degree holder where he concentrated on the hybrid leadership technique to spur positive growth from the work team they spearhead. A few weeks after the protocol’s launch, he joined the team and started bridging individuals with similar skill sets.
Joseph Niehaus, also known as “Hogeman,” is a Ph.D. holder in Atmospheric Science, where he majors in ice nucleation. He is a Research Scientist at SUNY Albany, where he’s studying the interaction between aerosols and the cloud.
For the past 12 years, Joseph has been an active software engineer as a professional programmer. Joseph joined the protocol 2 days after its deployment and has been working actively to improve the project’s present form.
Florin Podaru is the co-founder of Hoge coin and has a mathematics and data analytics background. For the past five years, Florin has handled business development projects all around the UK. Florin has been active in blockchain technology for a long time, thus the inspiration of the HOGE protocol. He joined the Hoge coin after being amazed by HOGE’s deflationary ‘tokenomics.’ After joining the community, Florin has been an active contributor in the community.
Marc-Antoine, aka Mesh is a freelance consultant and developer. He co-founded a software firm that focuses on enhancing the effectiveness of public works for municipalities. Also, Marc-Antione has developed an educational website that curates courses in applied science for experts in Urban Forestry.
Marc-Antoine is a professional Initial Attack Incident Commander. During his regime, he led frontline responder teams in many natural disasters. Also, Marc-Antoine is an experienced blockchain advocate. He joined the team within the first few weeks of its deployment and has been actively contributing ever since.
Why Buy Hoge Finance Coin?
Now that we have stated what the Hoge token is and how to buy the Hoge Finance, let’s discuss why you should buy the Hoge coin. They include the following:
- The Price Value Increases Proportionally To The Increasing Transaction Rate For The Token
Being a deflationary token, the Hoge coin uses a unique and profitable way of increasing its price value. It uses a technique dissimilar to most new altcoins. Virtually, in the technique, as users perform more transactions in the ecosystem, the network distributes 2% of stored coins to the token holders’ wallets. Thus, incentivizing every token holder, including developers in the network.
All the same, as transactions increase in the ecosystem, so does the price value of Hoge Finance (HOGE) increase.
2. Hoge Token Provides A Better Store Of Value Than Leading Cryptos Like BTC
Dissimilar to the world’s leading crypto asset, Bitcoin, Hoge protocol can’t create or mine new coins. Therefore, the ecosystem’s overall amount of Hoge coin tokens depends on the coin’s community of holders and users. Also, its overall amount of tokens reduces for each transaction performed in the network. Nevertheless, according to Gregjewel, over 40% of the total supply is circulating currently.
3. The Hoge Coin Has Found An Increasing Popularity Among Investors And Influencers
Given the token’s approaches and application of various innovative actions like implementing NFTs, MegaHogeMan, etc., the token has attracted leading companies. Currently, the Hoge community has launched a non-profit DAO to accumulate funds to get listed on any of the top 5 leading centralized exchanges (CEXes).
However, the Hoge token has already been listed and is available on decentralized exchanges like Gate.io and UniSwap.
Hoge Finance Coin Price
This segment covers Hoge Finance coin price and subsequently notes Hoge Finance’s crypto price prediction. On March 15, Hoge Finance (HOGE) surmounted a record-breaking price of $0.0009018 as the entire crypto market spurred in prices. Exactly two weeks following that day (March 29, 2021), the token dipped and was trading at $0.0001482.
On May 15, Hoge Finance (HOGE) rose to $0.0007294. The following months after then, the token’s price continued in a bearish course until August 23, where it spurred up to $0.0002286. The token dropped down to its second all-time-low again at $0.00007933 on September 28.
On October 31 of the same year, the token’s price spurred back up to $0.0007682. However, as at the time of writing, Hoge Finance is following a bearish course where it’s trading at $0.0002117. The token has a market capitalization of $85,169,911 (a 23 increase in the 24-hour market cap).
Hoge Finance Coin Price Prediction
Hoge Finance coin price prediction presents you with all the needed information before you head into trading the token. Here we go.
Few days price prediction
Hoge finance (HOGE) token has been following a steady bearish market for the past two months. Besides that, crypto analysts project that the coin will be at a lower price at the end of the year, possibly $0.000179 by 29 December.
1 year (2022) Hoge Finance Coin price prediction
Expert cryptocurrency analysts predict that the meme coin will follow a steady bullish market direction in the next 1 year. Experts also predict that the coin will surmount an All-Time-High for the year on December 12, 2022, topping at an 86% increase. After then, the coin’s price might undergo a sharp decline.
5 year (2026) Hoge Finance Coin Price Prediction
Crypto pundits project the token will experience a 365.3% increase in five years’ time. Thus, by December 12, 2026, Hoge finance should trade at $0.001037.
Best Hoge Finance Wallet
Crypto wallets enable us to store digital assets safely. Wallets come in various forms, from soft to tricky wallets, paper, and even web and desktop formats. While using an exchange’s wallet can be dangerous, as any successful attack can directly affect the users’ tokens. Still, dependable crypto exchanges like eToro and Bybit offer the best security for users.
Users who store their tokens on the eToro network get transparent and robust security and access social trading features. In addition, the exchange also allows users to retrieve their passphrase in case they misplace it.
For the Bybit exchange, users can store their tokens on the platform and access innovative charting features.
Now you know the fundamentals about Hoge Finance Coin and how to but it quickly. You can purchase the token from a crypto exchange and trade it there. Among the most reliable options is the eToro exchange. Not only is eToro secure and easy to use, but it also provides you social trading feature allowing you to copy professional traders.
68% of retail investor accounts lose money when trading CFDs with this provider.