How to Buy HYPE
The following article will guide you through the steps of buying HYPE (Hyperliquid token). These steps in the process include:
- Creating, verifying & funding a Coinbase account OR using existing cryptocurrency from another wallet/exchange
- Converting your funds to USDC & ETH
- Adding the Arbitrum Network to your Metamask wallet
- Transferring the USDC & ETH to your Metamask wallet
- Connecting your Metamask wallet to Hyperliquid
- Depositing USDC to Hyperliquid
- Purchasing HYPE
Video Tutorial
If you already have a cryptocurrency exchange with funds you'd like to use to purchase HYPE, or have already set up a fiat exchange and funded it with USDC & ETH to purchase HYPE, you can start with step 2 'Converting your funds to USDC'.
Creating & Funding a Fiat Exchange With USDC & ETH
Please open our guide below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step. Please note that instead of purchasing USDT, you will need to purchase USDC. Every other step is identical.
Important Note: Please follow the instructions from the guide below to convert $10 into ETH & the remainder of your funds into USDC. You will need the ETH to pay for gas fees on Hyperliquid.
How to set up & fund your Coinbase account
Once you have an exchange account that is funded with the USDC amount you'd like to use to purchase HYPE & $10 worth of ETH, please move to the next step of this guide.
Converting Your Funds to USDC & ETH
If you've followed our guide above you should already have USDC & ETH in your exchange account and you can skip this step completely and move directly to 'Adding the Arbitrum network to your Metamask wallet' step.
If you still need to complete a conversion from another cryptocurrency to USDC & ETH, please follow the 'Converting Your Funds to USDT' section from the guide below, but please convert to USDC instead.
Converting your funds to USDC on Bybit
If you're using another exchange the process will look similar, although the buttons may be in a different place or be a different colour.
Once you have approximately $10 worth of ETH & the remainder of your funds in USDC on your chosen exchange, please proceed to the next step.
Adding the Arbitrum Network to Your Metamask Wallet
Please open our guide below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step.
How to add the Arbitrum Network to your Metamask wallet
Once you have completed all of the steps from the guide linked above and have added the Arbitrum network to your Metamask wallet, you can proceed to the next step in this guide.
Transferring USDC & ETH To Your Metamask Wallet
Important note: In order to connect to and fund Hyperliquid, you'll need to send the USDC & ETH using the Arbitrum Network to your Arbitrum Metamask Wallet.
Please select and open one of the guides below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step.
How to transfer USDC/ETHto your metamask Wallet on the Arbitrum network from using Coinbase
How to transfer USDC/ETH to your metamask Wallet on the Arbitrum network from using Bybit
Once you've completed the transfer of USDC to your Metamask wallet, please repeat the exact same process but transfer ETH instead of USDC.
Once you can see your ETH & USDC balance in your Metamask wallet, you can proceed to the next step of this guide.
Connecting Your Metamask Wallet to Hyperliquid
Please open our guide below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step.
Connecting your Metamask wallet to Hyperliquid
Once your Metamask wallet is connected to Hyperliquid you can proceed to the next step of this guide.
Depositing USDC to Hyperliquid
Please open our guide below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step.
How to deposit USDC to Hyperliquid
Once your USDC has been deposited to Hyperliquid you can proceed to the next step of this guide.
Buying HYPE on Hyperliquid
Please open our guide below in a new tab and complete all of the steps before returning to this guide and proceeding with the next step.
How to buy HYPE on Hyperliquid
Note: We currently recommend holding your HYPE directly on Hyperliquid until further support for the Hyperliquid Network becomes available on more exchanges.
Staking HYPE on Hyperliquid (OPTIONAL)
Please open our guide below in a new tab and to view more information on the optional step of staking HYPE on Hyperliquid: