Cryptocurrency Q&A
What is hive coin used for?
What is hive coin used for?
Michele
Sun Oct 27 2024
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7 answers
1652
I would like to know the purpose of hive coin. What can it be used for? Is it a cryptocurrency or does it have some specific applications?
7 answers
WhisperInfinity
Tue Oct 29 2024
The HIVE token serves multiple purposes within its ecosystem.
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Martino
Tue Oct 29 2024
Primarily, it is utilized to cover transaction fees, allowing users to seamlessly conduct various activities without friction.
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Dario
Tue Oct 29 2024
Additionally, the token grants voting rights to holders, empowering them to have a say in platform decisions and governance.
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Nicola
Tue Oct 29 2024
Decentralized apps (dApps) on the platform also rely on the HIVE token for their functionality.
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Lucia
Tue Oct 29 2024
Users can access and utilize these dApps with their tokens, expanding the utility and versatility of the platform.
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