How to trade Highstreet (HIGH) coin to others

Highstreet (HIGH) coin, the native utility token of the blockchain-based metaverse project, enables various transactions including governance, staking, and digital shopping within its ecosystem.

Dec 13, 2024 at 11:46 pm

How to Trade Highstreet (HIGH) Coin to Others

Highstreet (HIGH) is a blockchain-based metaverse project that seeks to merge the physical and digital worlds through retail stores, entertainment experiences, and digital fashion. The HIGH token serves as the native utility token within the Highstreet ecosystem, enabling various transactions and activities. Traders who wish to engage in HIGH coin trading have several options available to them.

Understanding the Highstreet (HIGH) Coin

1. Tokenomics: HIGH is an ERC-20 token built on the Ethereum blockchain with a total supply of 100,000,000 tokens. The token allocation includes 30% for the ecosystem, 20% for the team and advisors, 15% for investors, 15% for Metaverse Investment Partners, 10% for early adopters, 5% for the liquidity pool, and 5% for the community reserve.

2. Token Utility: Within the Highstreet ecosystem, HIGH serves multiple functions, including:

   • Governance: Holders can participate in the governance process by voting on proposals related to the platform's development and direction.
   • Staking: Users can stake HIGH tokens to earn rewards and support the network's security.
   • Transactions: HIGH is used as a medium of exchange within the Highstreet metaverse, enabling users to purchase virtual land, products, and services.
   • Access: HIGH token holders gain exclusive access to features, benefits, and experiences within the Highstreet metaverse.

Trading Options for Highstreet (HIGH) Coin

1. Centralized Exchanges: Centralized exchanges (CEXs) provide a convenient and accessible platform for trading Highstreet (HIGH) coin. To trade HIGH on a CEX, you will need to:

   • Create an Account: Sign up for an account on a reputable CEX that supports HIGH trading, such as Binance, KuCoin, or Gate.io.
   • Deposit Funds: Transfer funds (crypto or fiat) into your exchange account to enable trading.
   • Find the HIGH Trading Pair: Locate the trading pair for HIGH against your desired trading currency (e.g., HIGH/USDT).
   • Place a Trade: Enter the quantity of HIGH you wish to trade and the price at which you want to execute the trade.
   • Confirm the Transaction: Review the trade details and confirm the transaction to complete the exchange.

2. Decentralized Exchanges (DEXs): DEXs offer a peer-to-peer trading experience, allowing users to trade directly with each other without the need for an intermediary. To trade HIGH on a DEX, you will need:

   • Connect a Wallet: Choose a non-custodial wallet such as Metamask or Trust Wallet and connect it to the DEX.
   • Add HIGH Token: Ensure that the HIGH token is added to your wallet to enable trading.
   • Find a Trading Pair: Similar to CEXs, locate the HIGH trading pair against your desired trading currency.
   • Place an Order: Specify the amount of HIGH you want to trade and the desired price, then place an order type (e.g., limit order, market order).
   • Monitor and Execute: Monitor your order and execute it once the desired conditions are met.