HODL is a cryptocurrency that allows investors to generate rewards simply by holding tokens. However, HODL is much more than just a reward token.
Since its inception in 2021, HODL has evolved to become a community-oriented and sustainable ecosystem – offering multiple ways for its users to make money through cryptocurrencies.
In this guide, we explained how to buy HODL coin in 2024. We have also included an in-depth analysis of HODL coin and its future price potential.
Where to Buy HODL Coin
When it comes to picking the right cryptocurrency exchange, each investor has to do their own homework. This is because there are several platforms in the crypto space that offer access to HODL coins; however – not all of these are created equal.
Therefore, if wondering where to buy HODL coin, a number of factors need to be considered.
Aside from the security of the exchange, investors should also think of the ease of using the platform and how much it will cost to buy and sell cryptocurrencies like HODL.
Below, we explain where to buy HODL tokens safely and cost-effectively.
LBank – Overall Best Place to Buy HODL Token
Founded in 2015, LBank is a Hong Kong-based cryptocurrency exchange. It caters to users across the world and has licenses from the NFA, MSB, Canada MSB, and Australian AUSTRAC. The platform supports cryptocurrency trading, staking, and also features an NFT marketplace.
Notably, LBank also hosts some of the newest and most popular digital tokens, such as Lucky Block, and HODL. Moreover, LBank charges a competitive trading fee of only 0.10% per slide, which is minimal compared to other exchanges.
The platform also lets its users buy cryptocurrency directly via fiat money.
In other words, using LBank is perhaps the easiest and safest way to buy HODL coin. Users can directly deposit USDT into their LBank account and exchange it for HODL. It is also possible to buy USDT directly via LBank.
For this, LBank accepts payments via credit/debit cards, bank transfers, and other popular methods such as Google Pay, PayPal, and Apple Pay. Third-party fees vary depending on the chosen payment method – but LBank does not charge anything for this service. Furthermore, instant fiat payment purchases are available for three cryptocurrencies – Bitcoin, Ethereum, and USDT.
We also found that LBank is suitable for advanced traders. This exchange is supported by TradingView, meaning, users have access to dozens of indicators and analysis tools. Traders can also take advantage of different order types, including limit, market, and stop-limit, for managing their positions.
What is HODL Coin?
To HODL, as a strategy, is the idea of buying and holding cryptocurrencies for a long time, hoping that the price of the digital token will increase in the future. The HODL coin encourages its investors to do the same.
However, the platform also offers rewards for all investors who possess HODL tokens in their wallet. HODL investors can generate passive income from the tokens.
The HODL network is built on the Binance Smart Chain and has evolved into a fully-fledged crypto platform. It features a cryptocurrency exchange, an NFT marketplace, a staking pool, and play-to-earn games. Most importantly, the platform also incentivizes holders of the HODL coin by offering rewards in the form of BNB tokens.
This way, investors of HODL coin can generate annual growth via the revenue collected from reflections, staking, and farming of the token. On top of this, HODL investors are also eligible for a portion of fees generated from CEX/DEX listings, NFT sales, and earnings from partnerships.
The rewards are paid out via the HODL website every seven days. The platform has built a trading bot that automatically converts the HODL tokens collected to BNB before sending them out to the reward pool. Over time, HODL aims to become a sustainable reward pool that offers its investors a reliable and stable passive income – even during a market downturn.
Is HODL Coin a Good Investment?
As with any other cryptocurrency, the first step for every investor is to analyze the prospects of the chosen token. Before getting into the details of how to buy HODL coin, it is wise to take a closer look at this cryptocurrency.
Below, we list the top advantages of investing in HODL coin today.
Multiple Ways to Earn BNB
As we noted above, HODL is a token best suitable for those looking to generate passive income. Rewards come through multiple income streams set up by the HODL network.
- 4% of every transaction completed on the platform is re-distributed among holders of HODL.
- 5% of all buys, sells, and transfers are taxed and added to the reward pool.
- Holders of HODL are also eligible to collect a fraction of the bets made on the platform’s gaming suite.
The rewards offered are in proportion to the number of HODL coins held by the investor. Importantly, the rewards are offered in BNB, which is one of the largest cryptocurrencies in terms of market capitalization.
Built for the Community
HODL is a community-driven project. It protects its investors with an anti-whale mechanism.
In the crypto space, whales are individuals who hold a significant amount of a single cryptocurrency and are thus able to manipulate the price – by selling a heavy volume of the digital coin, creating panic in the market.
HODL detects and rejects any transaction or trade with a value of more than 1% of the total supply. This will protect investors from reeling under the impact of a sudden increase or decline in the market value of the token.
There is also a zero-balance punishment, which allows users to collect their BNB rewards only after 50 years.
Another distinct feature of HODL coin is that it uses a contract that can be amended depending on the demands of the future. Most contracts on the blockchain cannot be changed once they are live.
This hinders the contract’s ability to improve, also preventing any new opportunities from being added.
- On the other hand, HODL has an upgradable proxy contract.
- This means that the contract can be changed, making way for modifications such as reduction in gas fees, correction of errors, or addition of new features.
For this reason, HODL has the ability to adapt to the market as needed – which will help the platform stay relevant at all times.
HODL Coin Price
When thinking of how to invest in HODL coin, it is good to have an idea of the performance history of the token. The coin was launched in May 2021 via PancakeSwap, a popular decentralized cryptocurrency exchange.
It soon created a buzz in the crypto industry and was considered to be one of the best DeFi coins of the year.
HODL coin was launched at a price of $0.00000002. By the following month, the HODL token price shot up to $0.00000022, translating to an increase of nearly 1,000%. However, since then, the price of the HODL coin has declined steadily.
At the time of writing, 1 HODL coin is priced at $0.000000003557. This means that investors can buy HODL with less money and hold the tokens in order to generate passive income.
However, cryptocurrencies are inherently volatile. As such, every investor should do their due diligence before looking into how to buy HODL coin for the purpose of making gains.
HODL Coin Price Prediction
Needless to say, HODL coin presents investors with a number of ways to make money with cryptocurrency. However, there is no denying that investing in HODL comes with plenty of risks.
This is especially the case with meme tokens like HODL, with their market value often influenced by engagement on online forums such as Reddit.
Therefore, it is wise to avoid any HODL price predictions circulating in the public domain. Instead, the smart move is to analyze the market before putting any money into HODL.
To understand more about this coin, investors can read the whitepaper of the HODL project and its future plans.
This should offer a clear idea of the project’s objectives and what the team has managed to accomplish – so that potential investors can make an informed decision before risking any capital.
Are There any Better Alternatives to HODL Coin?
While HODL has prospects to grow, this token might not be suitable for all investors. Therefore, before learning how to buy HODL coin, it would be best to consider whether any other investment opportunities are more suitable.
For those looking for the next best meme coin, it could be worthwhile exploring Tamadoge. This project seeks to leverage the popularity of ‘Dogecoin’ to build a thriving crypto community.
Let us offer a bit of context. In 2021, several crypto projects rose to fame – some fueled by engagement on online platforms such as Reddit. And consequently, the price of coins like Dogecoin and Shiba Inu shot up considerably.
Those who chose to buy Shiba Inu or Dogecoin at the right time managed to capitalize on the growth of these meme coins. However, these projects did not have any unique value propositions – which is crucial for the long-term survival of the token.
Tamadoge – Upcoming NFT Project With Upside Potential
Tamadoge is a new crypto project that is set to launch in 2023. It aims to improve on the drawback of meme coins, by adding utilities to the platform. At the core of this project is the Tamaverse, a metaverse ecosystem in which users can create, breed, and care for their Tamadoge pets.
These Tamadoge pets can be purchased in the form of NFTs. As with the best play-to-earn games out there, Tamadoge allows its users to earn rewards by winning battles and completing other challenges. There is a maximum supply of two billion TAMA tokens – many of which are distributed as gaming rewards.
These tokens can be used to purchase Tamadoge NFTs and for other transactions within the ecosystem. Moreover, unlike HODL, Tamadoge does not impose any transaction tax. This makes this coin particularly suitable for short-term traders.
The presale of TAMA tokens has already started, which presents a great opportunity for crypto investors to diversify their portfolios. Ultimately, investors searching for ‘HODL coin how to buy’ should check out Tamadoge, as this might be a better fit for their portfolio.
How to Buy Tamadoge – Tutorial
At the beginning of this guide, we gave a quick breakdown of how to buy $HODL coin in under five minutes. However, as we mentioned in the section above, there are other alternatives to consider, such as Tamadoge.
So, for those interested in how to buy Tamadoge, we have created a step-by-step guide below.
Step 1: Set Up a Crypto Wallet
Tamadoge connects to MetaMask and other popular wallets via WalletConnect. However, for a beginner, the first step will be to set up a crypto wallet.
The Tamadoge platform recommends using MetaMask or Trust Wallet for this purpose. Investors can visit the website of the chosen wallet, download the application, and follow the instructions to set it up.
Step 2: Buy Ethereum or USDT
The Tamadoge presale accepts Ethereum and USDT as payment.
Both Ethereum and USDT are popular digital coins that are available at a range of exchanges.
Alternatively, Tamadoge also allows investors to purchase Ethereum directly through the platform using a credit or debit card. After purchasing Ethereum or USDT, transfer the coins to the crypto wallet.
Step 3: Connect Wallet to Tamadoge
Once the wallet is funded with ETH or USDT tokens, the next step is to head over to the Tamadige website and click ‘Connect Wallet’.
Step 4: Buy Tamadoge
On the next page, type in the amount of TAMA to be purchased and then choose the ‘Convert ETH’ or ‘Convert USDT’ button.
The minimum investment required is $15, which is equivalent to 1,000 TAMA tokens. Next, approve the transaction to complete the purchase of TAMA tokens.
The TAMA tokens can be claimed only after the presale has concluded.
To conclude, our guide has explained in detail how to buy HODL coin via a reliable crypto exchange. We have also established that investing in HODL tokens is perhaps a suitable way to generate passive income.
The rewards are offered in the form of BNB tokens, which is one of the most popular cryptocurrencies of today. That being said, there are plenty of up-and-coming ICOs that offer a better alternative than HODL.
We particularly like the looks of Tamadoge, an upcoming P2E and metaverse project with TAMA as its native token. Tamadoge is currently in its presale phase, so the TAMA token can be purchased at a discounted price.
Tamadoge - The Play to Earn Dogecoin
- '10x - 50x Potential' - CNBC Report
- Deflationary, Low Supply - 2 Billion
- Listed on Bybit, OKX, Bitmart, LBank, MEXC, Uniswap
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets - Potential for Mass Adoption