HiENS3 is an NFTETF (Non-Fungible Token Exchange Traded Fund) token that is backed by 3-digit ENS. One HiENS3 token represents 1/1,000,000 ownership of one 3-digit ENS in the Meta-swap pool operating automatically on the Fracton Protocol's smart contracts. No one has the authority to control them, and it's also permissionless for users to redeem a 3-digit ENS NFTs from HiENS3 tokens with only a 0.6% redemption fee.
## How Many hiENS3 Coins Are There in Circulation?
The total supply of HiENS3 tokens is dependent on the number of 3-digit ENS NFTs in the meta-swap pool. There is no hard cap for hiENS3. For every 3-digit ENS NFT in the pool, there are 1,000,000 HiENS3 tokens in circulation.
## How Is the hiENS3 Network Secured?
hiENS3 is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum's state machine.
How to Buy HIENS3 on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing HIENS3. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing HIENS3.
Step 5: Purchase HIENS3
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of HIENS3 you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy HIENS3.
Step 6: Store Your HIENS3
After purchasing, you can choose to store your HIENS3 in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and HIENS3 assets, be sure to use a strong password and enable two-factor authentication.
HIENS3 Price:FractonX is a leading sharding protocol in the industry, utilizing a comprehensive infrastructure layer to reshape any asset for optimal price discovery opportunities.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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