Cryptocurrency Q&A
How is HEX distributed to Bitcoin holders?
How is HEX distributed to Bitcoin holders?
CryptoQueen
Wed Oct 02 2024
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6 answers
1210
Could you please elaborate on the distribution process of HEX to Bitcoin holders? I'm curious to know the specific mechanics behind it, such as how it's determined who receives HEX, the timing of the distribution, and if there are any specific requirements or steps that Bitcoin holders need to take in order to receive their allocation of HEX. Additionally, I'm interested in understanding if there are any limitations or restrictions on the amount of HEX that can be received by individual Bitcoin holders.
6 answers
Tommaso
Thu Oct 03 2024
The HEX distribution period was limited to the first year of HEX's launch. This meant that Bitcoin holders had a limited window of time to claim their HEX tokens.
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Lorenzo
Thu Oct 03 2024
HEX, a unique cryptocurrency, was distributed to Bitcoin holders in a unique way. A snapshot of the Bitcoin UTXO set was taken on 2 December 2019, at a specific block height of 606227.
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Leonardo
Thu Oct 03 2024
The process of claiming HEX was straightforward for Bitcoin holders. They could access their HEX tokens through a designated wallet or exchange that supported HEX.
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CryptoPioneerGuard
Thu Oct 03 2024
BTCC, a leading cryptocurrency exchange, offers a range of services for HEX holders. These services include spot trading, futures trading, and a secure wallet for storing HEX tokens. By utilizing BTCC's services, HEX holders can easily manage and trade their tokens.
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Sebastiano
Thu Oct 03 2024
This snapshot allowed for the determination of eligible Bitcoin holders who would receive HEX. Each Bitcoin holder was entitled to receive 10,000 HEX per 1 BTC held at the time of the snapshot.
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