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Hashflow (HFT) - a bridge between cryptocurrency exchanges and a token with a chance for success
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Hashflow (HFT) - a bridge between cryptocurrency exchanges and a token with a chance for success

created Michał Sielski10 March 2023

Cryptocurrency exchange between different chains has never been easy, and once even impossible. Thanks hashflow however, you can trade without slippage and risk. Will this affect the token rally HFTwhen the crypto winter is over and we enter another bull market on the market? Certainly, HFT has solid grounds to be one of the growth leaders. If they start of course.

We continue the series of the Forex Club portal, in which we analyze and describe the largest, most valued, most interesting, most developed, advanced and also the most controversial cryptocurrency projects around the world. Today is the time for Hashflow, which is a bridge, and according to some even a teleport between various blockchain chains and the native cryptocurrency of the project - HFT.

What is Hashflow?

The idea for such a platform arose - as usual - out of need. On decentralized Cryptocurrency exchanges it was not easy to trade cryptocurrencies, especially between different chains. It was not uncommon that an order was placed and the offer had already expired. It was therefore impossible to trade on a larger scale with selected prices. You had to accept any price, and it is known that with larger volumes it can be very risky and can even lead to uncontrollable losses.

Thanks to Hashflow you can exchange tokens much faster. All you need to do is connect your wallet and trade commission-free. The price is guaranteed even when trading between chains, and there is no bridging risk.

No wonder that since the launch of the project in August 2021, Hashflow has already had USD 11 billion in trading volume and over 170 users in the first two years. unique users. The average total daily volume today is USD 30 million. All thanks to the RFQ (request-for-quote) model that allows users to get quotes directly from market makers and trade with zero slippage. And you know that time is money.

Thus, USD 28,2 million from three rounds financed by the project sponsors was returned very quickly: Dragonfly Capital, Electric Capital, Galaxy Digital, Jump Crypto, Wintermute i GSR.

What is an HFT token?

Like virtually every blockchain project, Hashflow also has its own native token - HFT. Of course, tokens can be stacked, making them part of the ecosystem, allowing for management. The more staked HFTs, but also the time to block tokens, the more votes its users have in terms of project development.

The project also includes The Hashverse, the first ever story-driven, gamified DAO and management platform. It was developed by a Hollywood creative agency: Superconductor. Thanks to this, users can decide on the scope of the platform's development, not only on the basis of the tokens they have, but also their involvement.

Hashflow Cryptocurrency (HFT) Quotes

As of March 10, 2023, there are 1 HFT tokens in circulation and this is already the target number, which is a very rare situation in the cryptocurrency market. They can be traded on 000 cryptocurrency exchanges from around the world, including the world's largest - Binance. You have to pay USD 0,60 for each of them, which translates into a market capitalization of over USD 106 million. The peak of quotations took place on November 7, 2022, when HFT was valued at USD 3,61. For about half a year, interest in cryptocurrency in social media has been growing, which often (but not always!) translated into an increase in the cryptocurrency exchange rate. For now, however, it is far from the top of the charts.

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About the Author
Michał Sielski
Professional journalist for over 20 years. He worked, among others, in Gazeta Wyborcza, recently associated with the largest regional portal - Trojmiasto.pl. He has been present on the financial market for 18 years, he started on the Warsaw Stock Exchange when the shares of PKN Orlen and TP SA were just being introduced to the market. Recently, his investment focus has been exclusively on the Forex market. Privately, he is a parachutist, a lover of Polish mountains and a Polish karate champion.