What is Hertz Network (HTZ) | What is Hertz Network token | What is HTZ token
In this article, we’ll discuss information about the Hertz Network project and HTZ token
HERTZ NETWORK is an advanced blockchain network powered by EOSIO. HTZ coin is the native chain of Hertz Network blockchain.
Fast And Feeless
Half A Second To Receive,50 Seconds To Confirm.
As its name suggests, Hertz Coin (HTZ) takes less than a second to receive. HTZ runs on Hertz Network which is among the fastest blockchain networks in the market. With our fast confirmation times, HTZ is ready to be used for real-life transactions.
Everyone can easily send and receive feeless transactions on the Hertz Network with user-friendly HTZ desktop, mobile or web wallet.
Smart and Simple
With Hertz DeFi, Sky Is The Limit
The Hertz Network DeFi platform allows users to easily swap Hertz Network assets with crossed-chain tokens. Fast, scalable and equipped with smart contract capabilities; Hertz Network can be used for various purposes and large-scale adoption.
Awesome Growth
The Earlier You Hold HTZ, The More HTZ You Receive.
As of June 2021, only 20% of total HTZ are available in the market.
The remaining 80% of HTZ supply are AUTOSTAKE rewards to be distributed to eligible wallet accounts once a quarter from Q3 2021 to Q2 2023. People who hold HTZ early will benefit more than those who get in later.
After Q2 2023, HTZ inflation rate will be set at around 1.5% per year to maintain HTZ value.
Easy Tokens
Create Your Own Token In Minutes With Ease.
Hertz Network helps you effortlessly create customized token for your club, school, community, organization, or business. It will take just seconds to complete our simple token creation form anywhere from your mobile device or PC. In Q3 2021, you will also be able to trade your token with HTZ and other tokens here at Hertz-Network website!
Key features of Hertz Network blockchain includes:
FAST – Taking only half a second to receive and 50 seconds to confirm, Hertz Network is among the fastest blockchain networks in the market.
FEELESS - Everyone can easily send and receive feeless transactions on the Hertz Network with user-friendly HTZ desktop, mobile or web wallet.
POWERFUL - Fast, scalable and equipped with smart contract capabilities; Hertz Network can be used for various purposes and large-scale adoption.
AWESOME GROWTH - People who hold HTZ early will benefit more than those who get in later. From July 2021 to April 2023, about 10% of total HTZ will be deposited to registered HTZ accounts every quarter.
FOR EVERYONE - You create custom tokens for your club, school, community, organization, or business very easily. It will take just seconds to create your token from your mobile device or PC.
BUILT TO LAST - With its own DeFi platform and sizable development fund, Hertz Network will have sufficient resources to sustain its growth in the foreseeable future.
COIN ECONOMICS
Twenty percent (20%) of HTZ total initial supply has been distributed to individual accounts and development fund in Q2 2021. The remaining eighty percent (80%) will be distributed in 8 quarters (starting Q3 2021) based on the balance of HTZ in the web wallet accounts and registered wallet accounts.
INITIAL SUPPLY: 28,950,000,000 HTZ
AUTOSTAKE REWARDS: 23,160,000,000 HTZ
DEVELOPMENT FUND: 860,000,000 HTZ
INDIVIDUALS: 4,930,000,000 HTZ
How and Where to Buy HTZ token ?
HTZ has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy HTZ token.
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since HTZ is an altcoin we need to transfer our coins to an exchange that HTZ can be traded. Below is a list of exchanges that offers to trade HTZ in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase HTZ from the exchange.
The top exchange for trading in HTZ token is currently XT.COM, IndoEx, Finexbox, and Cat.Ex
Find more information HTZ
☞ Website ☞ Announcement ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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