The HEGIC token has risen by 88% and is currently trading at $0. 24 at the time of writing

The eponymous token of the options trading platform Hegic Network has seen a strong price rise in the past 24 hours. HEGIC’s price had consolidated for a week between the narrow range of $0.13–$0. 16 before joining the bull run with the price reaching $0. 24 at the time of writing. If the current price trajectory continues for another month, the HEGIC token may rise further to reach the $1 mark.

How and where can you buy Hegic in the UK?

To trade cryptocurrencies, all you need is an account with a broker/exchange. Avoid unregulated, decentralised exchanges. You could lose your entire funds if something goes wrong.

To register a new account you’ll need to create an account on a broker/exchange platform. This will require that you provide your full name, email address, and telephone number. After these details have been verified by the exchange you can begin trading. You will be asked to prove your identity and provide documents proving your address, such as a utility bill or driving license. For verification purposes, some platforms may request that you video or call.

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What is Hegic?

Hegic is an options trading platform that allows you to trade crypto options easily. The platform doesn’t charge any gas fees, and contracts can be settled in cash. The site claims anonymity and doesn’t ban anyone.

The trading platform charges a premium, but there are no trading fees. This is in contrast to other sites that require you to pay a percentage for every trade. The HEGIC token serves as the native token of the network and provides various lucrative services such as 30% discounts while trading on Hegic. It also provides auto-hedging for its users.

Should I buy HEGIC now?

The HEGIC token is strong and has anonymity during trading. The HEGIC weekly chart is below. This price rally may last another week because it was preceded in part by a strong consolidation period.

HEGIC weekly chart. Source: CoinMarketCap

If the coin surges higher, early adopters could possibly gain handsome returns in future.

This article is for information purposes only. It should not be taken as investment or financial advice.