How and Where to Buy Supreme Finance (HYPE) – Detailed Guide
- What is HYPE?
- Step 1: Register on Fiat-to-Crypto Exchange
- Step 2: Buy USDT with fiat money
- Step 3: Transfer USDT to an Altcoin Exchange
- Step 4: Deposit USDT to exchange
- Step 5: Trade HYPE
- Last Step: Store HYPE securely in hardware wallets
- Other useful tools for trading HYPE
- Frequently Asked Questions
- Latest News for HYPE
- HYPE Price Prediction and Price Movement
What is HYPE?
Realized that DeFi and crypto struggle with problems as the other innovative technologies before them. Due largely to a steep learning curve in a technology that is constantly evolving, there is a high barrier-to-entry. UI and UX is still a big issue for new consumers in the path towards mass adoption of decentralized finance, blockchain technology, and other digital assets. Having to jump from one screen to the next between wallets, explorers, Dapps, exchanges, and much more to look up gas prices, monitor network transactions, cancel pending transactions, customize nonces, staking, borrowing, trading, farming, insurance, governance, and many other features that come with understanding the technology as a whole, has made it virtually impossible for the average individual to become an active participant.
Supreme Finance is simply an adoption-focused DeFi protocol on which we intend to create a fully-integrated user-friendly platform/service, to connect as many crypto-muggles with the many decentralized financial products and services already on the market.
Our goal is to make DeFi simple and easier to use to create a better user experience for those who are intimidated by the learning-curve, therefore lowering the barrier-to-entry. We’ll do this by focusing not only on innovating and creating a product no one has ever created before on the bleeding edge, but also by working towards mass adoption of just the bleeding-edge that already exists and making that experience as seamless as possible for the user.
Over the past years, the DeFi space has continuously grown due to the increased number of new applications, primitives, and protocols. The structure is underway towards commercialized future financial systems as we speak and is beginning to take on a surge of interest from the crypto and non-crypto community. DeFi volume has increased from zero to over $20 billion in total locked value (TVL) in the past year alone. Many DeFi projects require users to lock up an asset (collateral) in order to take out a loan, create liquidity in a market, or mint a new asset. These assets locked as collateral have created a measure for valuing these applications, called total locked value (TVL). With this in mind, we've seen DeFi Dominance (vs. Global) reach 1.4% in total – showing that many crypto investors are taking advantage of these newly accessible financial products.
Over the past years, the DeFi space has continuously grown due to the increased number of new applications, primitives, and protocols. The structure is underway towards commercialized future financial systems as we speak and is beginning to take on a surge of interest from the crypto and non-crypto community. DeFi volume has increased from zero to over $20 billion in total locked value (TVL) in the past year alone. Many DeFi projects require users to lock up an asset (collateral) in order to take out a loan, create liquidity in a market, or mint a new asset. These assets locked as collateral have created a measure for valuing these applications, called total locked value (TVL). With this in mind, we've seen DeFi Dominance (vs. Global) reach 1.4% in total – showing that many crypto investors are taking advantage of these newly accessible financial products.
DeFi in existence can be categorized into 4 different protocols that dominate the market; Decentralized Exchanges(DEX), Lend and Borrow, Asset Management, Derivatives. The platforms mentioned below all have experienced wild fluctuations both in terms of liquidity and price action of their digital tokens. Moreover, Uniswap’s sector growth of nearly 6,000% increase in total value locked also means a 6,000% increase in liquidity and providing pool in the protocol. DeFi applications rely on both Uniswap (to provide liquidity to abstract any unnecessary friction for users when interacting with their intermediaries and applications.
DeFi allows users to remove banking and financial intermediaries and process lending and borrowing directly from platforms. With over $20 billion currently in 2021 locked as Coingecko Defi writing says, lending accounts for almost 70% of TVL in DeFi. Lending platforms such as Maker headlined the early DeFi as one of the dominant platforms for nearly 50% of the value locked with this sector in 2019. <br> PROBLEM WERE SPECIFIED: <br>
- Lack of information/poor support<br>
- Technological ineptitude<br>
- Bad UX/UI<br>
- Liquidity<br>
- Scalability<br>
Hence, The Supreme Project has delivered HYPE as its first token. The token was named HYPE, to describe the way in which it would stimulate or maximize user returns.
HYPE is a synthetic commodity currency that does not rely on the current world-based currency as a target price or value. Instead, HYPE is not centrally controlled and will be priced only by the needs of the customer.
HYPE is a flexible supply digital asset that expands/contracts in response to price/demand in the market and tracks evolution lines from protocols such as YAM, SUSHI, etc. These types of assets belong to the Synthetic Community Money family.
HYPE is an experimental, independent, self-sufficient, decentralized currency that is fully dependent on participants, built with the aim of further discovering and determining its value and use cases, expanding and developing them.
HYPE was first tradable on 29th Dec, 2020. It has a total supply of 5,000,000,000. As of right now HYPE has a market capitalization of USD $28,207,553.49. The current price of HYPE is $0.00564 and is ranked 1152 on Coinmarketcap and has recently surged 76.27 percent at the time of writing.
HYPE 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 USDT from any fiat-to-crypto 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 HYPE.
Step 1: Register on Fiat-to-Crypto Exchange
You will have to first buy one of the major cryptocurrencies, in this case, USDT (USDT). In this article we will walk you through in details two of the most commonly-used fiat-to-crypto exchanges, Uphold.com and Coinbase. Both exchanges have their own fee policies and other features that we will go through in detail. It is recommended that you try both of them and figure out the one that suits you best.
Select Fiat-to-Crypto Exchange for details:
- UpHold
Being one of the most popular and convenient fiat-to-crypto exchanges, UpHold has the following advantages:
- Easy to buy and trade among multiple assets, more than 50 and still adding
- Currently more than 7M users worldwide
- You can apply for UpHold Debit card where you can spend the crypto assets on your account like a normal debit card! (US only but will be in the UK later)
- Easy to use mobile app where you can withdraw fund to a bank or any other altcoin exchanges easily
- No hidden fees and any other account fees
- There are limited buy/sell orders for more advanced users
- You can easily set up recurring deposits for Dollar Cost Averaging (DCA) if you intend to hold cryptos long term
- USDT, which is one of the most popular USD-backed stablecoins (basically a crypto that is backed by real fiat money so they are less volatile and can be treated almost as the fiat money it's pegged with) is available, this is more convenient if the altcoin you intend to buy has only USDT trading pairs on the altcoin exchange so you don't have to go through another currency conversion while you buy the altcoin.
Type your email and click 'Next'. Make sure you provide your real name as UpHold will need it for account and identity verification. Choose a strong password so that your account isn't vulnerable to hackers.
You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.
Step 2: Buy USDT with fiat money
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. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees.
Now you are all set, on the 'Transact' screen under the 'From' field, select your fiat currency, and then on the 'To' field choose USDT, click preview to review your transaction and the click confirm if everything looks good... and congrats! You've just made your first crypto purchase.
Step 3: Transfer USDT to an Altcoin Exchange
But we are not done yet, since HYPE is an altcoin we need to transfer our to an exchange that HYPE can be traded. Below is a list of exchanges that offers to trade HYPE in various market pairs, head to their websites and register for an account.
Once finished you will then need to deposit USDT to the exchange from UpHold. After the deposit is confirmed you may then purchase HYPE from the exchange view.
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once HYPE gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Gate.io
Gate.io is an American cryptocurrency exchange that launched 2017. As the exchange is American, US-investors can of course trade here and we recommend US traders to sign up on this exchange. The exchange is available both in English and Chinese (the latter being very helpful for Chinese investors). Gate.io’s main selling factor is their wide selection of trading pairs. You can find most of the new altcoins here. Gate.io also demonstrates an impressive trading volume. It is almost every day one of the top 20 exchanges with the highest trading volume. The trading volume amounts to approx. USD 100 million on a daily basis. The top 10 trading pairs on Gate.io in terms of trading volume usually have USDT (Tether) as one part of the pair. So, to summarize the foregoing, Gate.io’s vast number of trading pairs and its extraordinary liquidity are both very impressive aspects of this exchange.
BitMart
BitMart is a crypto exchange from the Cayman Islands. It became available to the public in March 2018. BitMart has a truly impressive liquidity. At the time of the last update of this review (20 March 2020, right in the middle of the crisis with COVID-19), BitMart’s 24 hour trading volume was USD 1.8 billion. This amount placed BitMart on place no. 24 on Coinmarketcap’s the list of exchanges with the highest 24 hour trading volumes. Needless to say, if you start trading here, you will not have to worry about the order book being thin. Many exchanges does not allow investors from USA as customers. As far as we can tell, BitMart is not one of those exchanges. Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency.
Last Step: Store HYPE securely in hardware wallets
Ledger Nano S
- Easy to set up and friendly interface
- Can be used on desktops and laptops
- Lightweight and Portable
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
Ledger Nano X
- More powerful secure element chip (ST33) than Ledger Nano S
- Can be used on desktop or laptop, or even smartphone and tablet through Bluetooth integration
- Lightweight and Portable with built-in rechargeable battery
- Larger screen
- More storage space than Ledger Nano S
- Support most blockchains and wide range of (ERC-20/BEP-20) tokens
- Multiple languages available
- Built by a well-established company found in 2014 with great chip security
- Affordable price
If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your HYPE for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.
Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger Nano S and Ledger Nano X and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion.
Other useful tools for trading HYPE
Encrypted Secure Connection
NordVPN
Because of the very nature of cryptocurrency – decentralised, it means that users are 100% responsible for handling their assets securely. While using hardware wallet allows you to store your cryptos in a safe place, using an encrypted VPN connection while you trade makes it harder for hackers to intercept or eavesdrop your sensitive information. Especially when you are trading on the go or in a public Wifi connection. NordVPN is one of the best paid (note: never use any free VPN services as they may sniff your data in return of free service) VPN services out there and it has been around for almost a decade. It offers military-grade encrypted connection and you can also opt-in to block malicious websites and ads with their CyberSec feature. You can choose to connect to 5000+ servers in 60+ countries base on your current location, which ensures you to always have a smooth and secure connection wherever you are. There is no bandwidth or data limits that means you can also use the service in your everyday routines such as streaming videos or downloading large files. Plus it is among the cheapest VPN services out there (only $3.49 per month).
Surfshark
Surfshark is a much cheaper alternative if you are looking for a secure VPN connection. Although it’s a relatively new company, it has already 3200+ servers distributed in 65 countries. Apart from VPN it also has some other cool features including CleanWeb™, which actively blocks ads, trackers, malware and phishing attempts while you are surfing on your browser. Currently, Surfshark does not have any device limit so you can basically use it on as many devices as you want and even share the service with your friends and family. Use the signup link below to get an 81% discount(that’s a lot!!) at $2.49/month!
Atlas VPN
IT nomads created Atlas VPN after seeing a lack of top-notch service within the free VPNs field. Atlas VPN was designed for everyone to have free access to unrestricted content without any strings attached. Atlas VPN set out to be the first trustworthy free VPN armed with top-notch technology. Furthermore, even though Atlas VPN is the new kid on the block, their blog team’s reports have been covered by well-known outlets such as Forbes, Fox News, Washington Post, TechRadar and many others. Below are some of the feature highlights:
- Strong encryption
- Tracker blocker feature blocks dangerous websites, stops third-party cookies from tracking your browsing habits and prevents behavioural advertising.
- Data Breach Monitor finds out whether your personal data is safe.
- SafeSwap servers allow you to have many rotating IP addresses by connecting to a single server
- Best prices on the VPN market (only $1.39/month!!)
- No-log policy to keep your privacy safe
- Automatic Kill Switch to block your device or apps from accessing the internet if the connection fails
- Unlimited simultaneous connections.
- P2P support
Frequently Asked Questions
Can I buy HYPE with cash?
There is no direct way to buy HYPE with cash. However, you can use marketplaces such as LocalBitcoins to first purchase USDT, and finish the rest of the steps by transferring your USDT to respective AltCoin exchanges.
LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
Are there any quick ways to buy HYPE in Europe?
Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Uphold.
Are there any alternative platforms to buy HYPE or Bitcoin with credit cards?
Yes. is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.
Read more on Supreme Finance's fundamentals and current price here.
HYPE Price Prediction and Price Movement
HYPE is up 514.44 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of HYPE can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, HYPE has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on HYPE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Latest News for HYPE
