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How to Buy HASH on Figure Markets
Provenance Blockchain's native utility token, HASH, can be acquired through platforms like Figure Markets and Osmosis. Below is a step-by-step guide on how to purchase HASH tokens on the Figure Markets platform.
1. Create an Account on Figure Markets:
Visit the Figure Markets website and click on the "Sign Up" button.
Provide the required personal information and complete the identity verification process as prompted.
2. Download and Set Up the Figure Wallet App:
To manage your assets and login securely, download the Figure Wallet app from the Google Play Store or the iOS App Store
Follow the in-app instructions to set up your wallet, ensuring you securely back up your seed phrase.
** NOTE: The Figure Markets Wallet App is not as detailed as the desktop website, so we recommend executing trades on desktop, while using the mobile app to login.
3. Fund Your Account:
Log in to your Figure Markets account.
Navigate to the "Deposit" or "Fund Account" section.
Choose your preferred funding method:
Cryptocurrency Deposit: Select the cryptocurrency you wish to deposit (e.g., BTC - on Bitcoin network; ETH, USDC, USDT - on Ethereum). Connect your wallet address and ensure you have the right assets
For detailed instructions, refer to the Figure Markets funding guide
USD Deposit: Select the option to deposit USD and follow the provided wire instructions.
For detailed instructions, refer to the Figure Markets funding guide
4. Commit HASH Tokens for Trading:
For Provenance-native tokens like HASH, a temporary "commitment" to the exchange is required to facilitate trades.
Navigate to the "Commit Assets" section in your account.
Specify the amount of HASH you wish to commit for trading.
For more information, consult the Figure Markets FAQ on committing assets
5. Purchase HASH Tokens:
Once your account is funded and HASH tokens are committed, navigate to the "Pro trade" section.
Select the HASH trading pair that corresponds to your deposited asset (e.g., HASH/USDC, HASH/ETH).
**NOTE: If selecting “Market” rate, check the HASH exchange rate by comparing to current metrics on Provenance Pulse
Depending on the token pair’s available liquidity, the HASH price you receive might differ from the current exchange rate.
The FM team is working on guardrails to warn about large discrepancies in the “Market” exchange rate, but until then, individual users should take extra care to ensure the exchange rate is not too far off from the official Provenance Pulse dashboard
The HASH-USD pool (top) offers a rate of $0.028 USD/HASH, with a 24-hour volume of $5.6k, while HASH-USDC (bottom) offers a rate of $0.03 USDC/HASH, with a 24-hour volume of less than $30.
Although there is no price difference between the value of USD and USDC, depending on the availability of funds in the pool you choose, the amount of HASH exchanged could vary drastically.
Enter the amount of HASH you wish to purchase and execute the trade.
Great job 🎉 You are now a HASH holder–welcome to the Provenance Ecosystem!
If you run into any trouble or have any additional questions, requests for additional tutorials—feel free to hop into our Discord, Telegram, or Figure Market's Telegram!