The Hydraverse dragon-racing NFT game has become popular in the DeFi community lately. Due to Hydraverse’s unique concept and low entry barrier, many players have been asking questions like “how to buy Hydraverse” and “where to buy Hydraverse.”
If you want to collect dragons in Hydraverse, you can start by reading this article thoroughly. We will cover the essential steps related to buying HDV, as well as some informative topics about the Hydraverse game.
Hydraverse (HDV) Buying Guide
Step 1: Find An Exchange That Supports HDV
To start buying HDV, you must create an account in a compatible crypto exchange. Finding this exchange is easy because there are numerous active marketplaces that support HDV.
Cryptocurrency platforms may be similar in purposes but different in operation. Some crypto exchanges have seamless functionality while others have premium security with reasonable transaction fees.
- 1000+ Cryptocurrencies Available for Trade
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- Available in North America, South America, Europe, Asia, Oceania, Africa
Registering to a crypto exchange will take only a few minutes. To start, you must enter your basic personal details like full name, email address, and password. The crypto exchange may also require you to add a home address and a phone number for verification.
You probably need to fill up a KYC (Know Your Customer) form before proceeding with any transaction. The KYC process is a security option implemented by heavily regulated exchanges and financial websites.
Step 2: Deposit Funds to Your Exchange Account
Before buying HDV, you must add funds to your new crypto account. Depositing funds is easy because most exchanges allow crypto-to-fiat transactions. Some of the popular examples of fiat currency are USD, CAD, AUD, and EUR. You can fund your account through debit cards, credit cards, bank transfers, and e-wallet transfers.
Crypto exchanges have different payment methods for transactions. These methods probably have higher fees than the ones you’re commonly using. So, before depositing funds to your crypto account, you should do your own research.
Step 3: How to Buy HDV Officially?
Learning how to buy HDV is not difficult. First, you must go to a crypto exchange’s search bar. Oftentimes, the search bar is located on top of the website page. Once you’ve located the search bar, start looking for the HDV ticker. You can also look directly for HDV trading pairs to save time. Afterwards, just enter the amount of the HDV tokens that you want to buy.
You must always double-check the transaction details to avoid errors or inconsistencies. Additionally, before the transaction, crypto exchanges might refer you to their exclusive wallet software. This wallet is essential for storing your cryptocurrencies, but it is optional since you can always create an individual software wallet. If you have money to spare, you can even purchase a hardware wallet with competitive security encryption.
Everything You Have to Know About Hydraverse (HDV)
Hydraverse is an NFT dragon breeding and racing game. In this game, players must breed and train dragons for player-versus-player racing. Every dragon is a unique NFT asset exclusively owned by the player through the blockchain network.
To get a unique dragon, you must open a dragon egg. Each egg has a specific rarity level from normal to legendary, and it contains random starred dragons. You can obtain a dragon egg through the Hydraverse Gacha or from a player. Alternately, you can buy dragons directly from the Hydraverse marketplace.
The dragons in the Hydraverse are also trainable. By training dragons in a mini-game, they will eventually level up and become stronger. Training is divided into turns, and these are limited per day. Still, you have the option to purchase additional turns.
In Hydraverse, players can also join an exciting monthly event called Hydra Cup. The event will pick the best weekly players who must compete against each other in a grand race. The winner will earn rewards and bragging rights.
How Does HDV Work?
HDV is the native utility token of the Hydraverse NFT game. The token can be used to buy numerous things such as dragons, training turns, and eggs.
Also, you can earn in-game HDV tokens through the following:
- Breeding, training, and selling dragons
- NFT auctions
- Token and NFT staking
- Race winnings
- Fees from renting out dragons
- Race betting
What Makes Hydraverse (HDV) Unique?
Hydraverse is not like the common dragon-inspired games that you’d see today. While Hydraverse has breeding and adventuring mechanics like traditional games (i.e. Dragon City), it offers immersive and fun ways for players to earn crypto. Through patience and a bit of luck, any player can make it big in Hydraverse.
Hydraverse is also an augmented reality game. This simply means that players are tied to their dragons, just like the common 3D avatar system. Players can send their dragon information to each other with a few clicks or by scanning QR codes.
Who Are the Founders of Hydraverse?
The Founders of Hydraverse are Ryan Nguyen, Toan Nguyen, Quang Nguyen, and Tracy Hoang. These individuals are experienced in blockchain development and concepts of gamification.
Ryan Nguyen is the CEO of Onetapstudio and also the current Project Manager of Hydraverse. Toan is the Hydraverse Team’s CTO, and he monitors the blockchain development of the game. Next, Quang leads the overall game development aspect of Hydraverse as the team’s COO. And lastly, Tracy Hoang handles the marketing arm of the Hydraverse Team.
What Are the Use Cases of HDV?
HDV, the official token of the Hydraverse, has numerous use cases. The HDV use cases are mostly tied to the game and other NFT rewards programs.
Here are the use cases of HDV:
- Long-term rewards programs
- HDV staking
- Hiring dragon NFTs
- Racecourse rentals
- NFT trading
- Development and governance
Who Builds on Hydraverse (HDV)?
Hydraverse is meant for racing game enthusiasts, gamers, and crypto P2E (play-to-earn) players. NFT collectors can also play the game to experience Hydraverse’s growing collection of dragons.
Official website: https://www.hydraverse.io/
Essential Points of the Hydraverse (HDV) Whitepaper
The Hydraverse Whitepaper outlined the working mechanics of the game and the tokenomics of HDV. Additionally, the paper also briefly showed the Hydraverse roadmap and token distribution.
These are the strong points of the Hydraverse (HDV) Whitepaper:
- Hydraverse game features
- NFT collectibles
- Staking rewards
- Core Team and Advisory Team
- Hydraverse technology integrations
The Best Cryptocurrency Wallet for HDV
After knowing how to buy HDV, you should think about the security of your cryptos next. Fortunately, you can always choose from dozens of available crypto wallets. You should pick a crypto wallet based on your trading habits and security preferences.
You will likely begin your crypto journey with hot storage wallets. These digital wallets are connected online, allowing easy access whenever you want. Hot storage wallets are also cheaper than cold storage wallets. However, one downside of a hot wallet is its vulnerability to online theft. You may need to use additional security measures to keep your hot storage wallet safe.
On the other hand, cold storage wallets are physical hardware wallets. Since cold wallets are tangible, their security level is better than digital wallets. You can put a physical storage wallet in a separate deposit box for premium protection.
What Factors Affect My Choice of Crypto Wallet for HDV?
At first, you might get confused with the diverse choices of crypto wallets in the market today. Knowing the common buying factors for crypto wallets will help you make the right decision.
Check out the important factors affecting your choice of HDV wallet:
- Are you a regular trader? If so, then a hot storage wallet is the best choice for you. A hot wallet allows a quick and easy log-in method to your chosen platform. In less than a minute, the integrated hot wallet will let you trade cryptos right away.
- Not all wallets support a wide range of cryptocurrencies. The best crypto wallets are those that will let you trade hundreds of cryptocurrencies without limitations.
- When it comes to security, a physical cold storage wallet is better than a hot wallet. You can simply store your cold wallet in a private safe deposit at home or the bank. Just make sure that your private seed phrase is safe and secured.
- Setting up a digital wallet is free. On the other hand, getting a cold storage wallet requires money because you need to buy the physical hardware.
- Do you want to see detailed technical analytics? In that case, you can never go wrong with hot wallets. In most cases, hot wallets generate technical analytics and semi-accurate market insights to help you make a trading decision. Cold wallets also have analytics capabilities that you can tweak freely.
Ledger vs. Trezor – The Best Cold Wallet for Serious Crypto Investors
Now that you already know how to buy HDV, you must protect your investment by choosing a cold storage wallet. As mentioned above, cold wallets offer better security levels than hot wallets.
When it comes to cold storage wallets, it’s best to start with Ledger or Trezor products.
Ledger is a popular cold wallet brand because of its reliable security features. The Ledger interface, for example, will only let you send cryptos if you’re connected to a personal computer or device.
If Ledger excels in security functions, Trezor wins in terms of intuitiveness and compatibility. Trezor’s interface is beginner-friendly, allowing fast and efficient trades once the device is ready. Trezor products are also compact and appealing to the eyes.
General Market Overview for Hydraverse (HDV)
Do you want to learn more about Hydraverse (HDV) and other crypto coins? Check out our crypto blog and expand your knowledge about cryptocurrencies!
Additionally, here are some important topics in our blog:
- Trading speculation about Hydraverse (HDV)
- The current market prices of cryptos
- Detailed price charts with comprehensive histories
- Whitepaper summaries of cryptos
- Founder profiles and their related works
- Up-to-date cryptocurrency news and developments