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InsightsAnnouncements

HBAR Token launching at LCX Exchange

by LCX Team · August 24, 2021

We are excited to announce the listing of Hedera Hashgraph token (HBAR). LCX is adding support for HBAR Token at LCX Exchange starting today. Deposits are now open. Trading will start from tomorrow 25th August, 2021 with two trading pairs HBAR / LCX and HBAR / EUR.

Start trading HBAR
Launch LCX Exchange

HBAR token is the native cryptocurrency of the Hedera network. HBAR token is the fuel of the Hedera Hashgraph network, which means that users must purchase this asset in order to trade and operate applications. HBAR has a fixed supply of 50 billion tokens. HBAR token is used as the network fuel for transaction fees, micropayments, and in-app payments. Hedera is also used to protect the network as it proves its importance. The Hedera Hashgraph (HBAR) has several distinct uses which includes the use of HBAR to pay for network service fees, payments and micropayments and to reward nodes for securing the network.

Customers can sign up for a LCX account here to deposit $HBAR today.

Deposits:

Starting from today Tuesday, 24th August 2021, customers will be able to transfer $HBAR into their LCX account. Customers will be able to transfer this to their LCX Exchange wallet or place trading orders when the trading starts. 

Trading Pairs:

  • HBAR / LCX starting on 25th, August 2021 at 6:00 PM CET.
  • HBAR / EUR starting on 25th, August 2021 at 6:00 PM CET.

How to deposit Hedera Hashgraph (HBAR)?

  • Go to LCX Accounts > Wallet
  • Scroll down to $HBAR
  • Click on the “Deposit” tab next to $HBAR. Your deposit address will be displayed on the screen. 
  • Also Memo will be displayed on the screen, copy memo and paste it in the memo option while sending.  
  • Send $HBAR to this address.
*Note – It is mandatory to fill the memo while depositing HBAR in LCX Exchange.

Important Note: Trading cryptocurrency is complex and comes with a high risk of losing money.  You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose. This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product.

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LCX AG, established in 2018, is a registered company in the Principality of Liechtenstein with registration number FL-0002.580.678-2. LCX AG is regulated by the Financial Market Authority of Liechtenstein under the registration No. 288159 as a trusted technology service provider. Trading digital assets such as Bitcoin involves significant risks. LCX does not provide services to persons in the United Kingdom or the United States, and this website is not directed at UK or US persons (Jurisdiction Notice).

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