What is Hop Protocol (HOP)?
Hop Protocol is a special platform where assets can be moved directly from rollup to rollup and between rollup and layer 1, providing cost savings and enabling cross-rollup composability of applications while solving the problem of resource-intensive rollup and layer 1 bridging.
How Hop Protocol (HOP) Works
Hop Protocol lets users move tokens quickly and cheaply from one rollup to another or claim them on layer-1 by creating a cross-network bridge token that represents the underlying asset. Special automated market makers known as Bonders are then used to swap between the bridge token and the corresponding Canonical Token on each rollup. The Bonders even front liquidity for users on the destination chain, helping liquidity automatically readjust and rebalance liquidity across the network. It’s also worth noting that users can receive their funds even if Bonders are offline. To make sure the transactions are correct, Bonders run local nodes to verify state transitions on the source chain and have to lock an amount equivalent to 110% of the transfer sum as collateral for 24 hours.
How Many Hop Protocol (HOP) Tokens Are in Circulation?
HOP has 1,000,000,000 tokens in total supply and 64,107,570 of them are in circulation.
How to Buy Hop Protocol (HOP)
Consider investing in Hop Protocol (HOP)? It only takes 2 minutes to create an account on Bitget and start trading HOP.
Check out the available HOP trading pairs on Bitget!
Spot market
Hop Protocol (HOP) Resources
Simple 3-step guide to buying HOP today in Ethiopia
Create your free Bitget account
Select a funding method
Complete your Hop Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Hop Protocol using a payment method of your choice:
Buy Hop Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Hop Protocol order.
How to buy crypto with credit/debit cardBuy Hop Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Hop Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Hop Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Hop Protocol order.Buy Hop Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Hop Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Hop Protocol in your Bitget spot wallet
Bitget—where the world trades Hop Protocol
How to buy Hop Protocol for free
- Learn how to earn Hop Protocol for free through the Learn2Earn promotion
- Earn free Hop Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Hop Protocol airdrops by joining On-going challenges and promotions
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FAQ
Can I buy $1 worth of Hop Protocol?
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Should I buy Hop Protocol right now?
Ethiopia is located on the horn of Africa, a rugged country that encompasses the Great Rift Valley. It's a place of old culture, with archaeological artifacts dating back more than 3 million years. Ethiopia has a population of 121,396,689, and the official languages of Ethiopia are Amharic, Oromo, Somali, Tigrigna, and Afar. The official currency is the Ethiopian birr (ETB). In less than 10 mins, you can buy Hop Protocol(HOP) and other cryptocurrencies from Ethiopia using the Bitget platform with P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay.
Ethiopia has a diverse climate and landscape, spanning from the equatorial rainforest with significant humidity in the south and southwest to Afromontane regions on the summits of the Semien and Bale Mountains to desert regions in the northeast, east, and southeast Ethiopia. Ethiopia's geographical structure and landscape consist of high plateaus, mountains, and dry lowland plains. Ethiopia has some of the world's most rugged and beautiful environments. The country is surrounded by beautiful cities like Addis Ababa, Gondar, Bahir Dar, Dodola, and Lalibela, anywhere you are located in Ethiopia, Bitget will be there to give you a seamless trading experience.
Interestingly Ethiopia is the oldest country in Africa, and it has stunning side attractions like Arba Minch, Awash National Park, Axum, Bahir Dar, Bale Mountains National Park, Gheralta, Gonder, Danakil, and many more. Ethiopia is a wonderful place to be.