Everyone’s talking about Hyperliquid, the perps protocol that’s dominating onchain futures. They’re also talking about HYPE, the native token whose rise has been in lockstep with that of Hyperliquid and which has just been listed by Transak . The leading web3 payments provider is picky about the assets it elects to integrate into its fiat-to-crypto onramp, and thus the addition of HYPE is both an endorsement of the Hyperliquid ecosystem and a testament to the token’s popularity. If you’ve been wanting to get your hands on HYPE for a while now, Transak’s integration offers arguably the fastest and simplest route to loading up on the Hyperliquid token. This short guide provides everything you need to know about acquiring HYPE through Transak and then putting it to use on Hyperliquid – or simply holding it tightly in your wallet while the market does its thing. Buying HYPE With Transak While much of Transak’s business is B2B, if you’re a regular crypto user, there’s a good chance you’ve already used its onramp, since it’s integrated into a host of centralized and decentralized services. From Uniswap to Binance and Ledger to MetaMask, Transak’s web3 gateway is integrated industry-wide and supports more than 130 cryptos and is available in 64 countries. But you can also buy and sell crypto directly using Transak’s website : just click the “Buy crypto” button at the top of the page and select “Buy as individual” which will take you to this page. Your preferred fiat currency should be displayed by default, but if it’s not, use the dropdown menu to make your selection and enter the amount you wish to spend. Then, in the crypto menu – which displays ETH by default – click to open and type in “HYPE.” This will produce two options, enabling you to buy HYPE on Hyperliquid or HyperEVM. So what’s the difference? In short, HyperEVM is the network and Hyperliquid the perps protocol. HYPE serves as the gas token on HyperEVM, and is integrated into the various dapps and DEXs that operate there. If your plan is to explore the HYPE ecosystem of projects, start here. Alternatively, if you intend to use HYPE on Hyperliquid to trade perps, select this option. If you’re unsure at this point in time, don’t sweat it; HYPE can easily be bridged between Hyperliquid and HyperEVM and vice-versa using native bridging services. After making your selection, you’ll be prompted to enter the Hyperliquid or HyperEVM wallet address you wish to have the funds sent to. The HYPE ecosystem is supported by a range of leading non-custodial wallets including Trust Wallet and Leap Wallet, so choose whichever one you’re most comfortable with. The final step to make your first HYPE purchase through Transak is to enter your email address and click the link that’s sent to you. This will enable you to complete verification and then select the fiat payment method, such as debit card, that you wish to use. Because Transak also supports crypto-to-fiat conversion, you can reverse the process when you wish to sell your HYPE, with funds being credited to your chosen payment destination. If you’re looking to buy HYPE and aren’t already active on a centralized exchange that supports the asset, Transak’s onramp provides a fast and secure way to get hold of the token that everyone’s talking about. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
