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 Mongolia
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
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Mongolia is the second largest landlocked country in the world, covering an area of 1,564,116 km2. It is also the most sparsely populated sovereign nation with a population of 3.3 million. Located in East Asia, Mongolia lies next to Russia to the north and China to the south.
From the dry Gobi Desert in the south to the cold, mountainous regions in the north and west, the country has varied topography and climate. The capital city is Ulaanbaatar, and other major cities/towns include Darkhan, Erdenet, and Choibalsan. No matter where you are in the country, you can easily trade cryptos with the official currency, Tögrög (MNT), on the Bitget platform. The exchange allows you to flexibly choose among a series of secure payment options, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.
When you arrive in Mongolia, you can ride camels in the Gobi desert - the second largest desert in the world, ride valiant horses in the Gorkhi-Terelj National Park, or enjoy the marvelous Gandantegchenling Monastery. The official language of Mongolia is Mongolian.