A Beginner's Guide to Hot Wallet and $HOT Coin: How to Start Minting and Maximising Your Earnings
Discover how to start minting $HOT coin with Hot Wallet, a Telegram-based wallet on the Near Protocol. Learn the basics, boost your $HOT earnings, and complete missions to maximize your rewards in this beginner's guide.
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Hello everyone! If you’re new to the world of Hot Wallet and $HOT coin, you’re in the right place. In this article, we’ll break down what Hot Wallet and $HOT coin are, and provide a step-by-step guide for beginners on how to start minting $HOT and boosting your earnings.
What is Hot Wallet?
Hot Wallet is a Telegram-based wallet built on the Near Protocol, with plans to support additional blockchain networks in the future. It's more than just a wallet; it also hosts various promotions and events, including Token Launchpad, NFT Launchpad, an NFT Marketplace, staking opportunities, and more.
What is $HOT?
$HOT is the native token of Hot Wallet, designed for use in transactions across different blockchain networks, especially once Chain Abstraction is launched. At this stage, $HOT tokens cannot be transferred, sold, or purchased. However, you can start earning and minting them, and here’s how!
How to Start Minting $HOT
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Access the Telegram Bot: Begin by going to the Telegram bot using the provided link. CLICK HERE
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Create Your Hot Wallet: Click on “Create” to set up your Hot Wallet and make sure to save your Seed Phrase! This phrase is crucial for accessing your wallet, and even if someone logs into your Telegram account from another device, they won’t be able to access your wallet without it.
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Claim Your First $HOT: Once your wallet is open, click “Claim Your First Hot” to receive 0.1 $HOT.
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Join the Village: By joining the Village, you’ll receive a 5% cashback on each of your transactions.
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Minting $HOT: The initial 0.1 $HOT will take 2 hours to mine. After this period, you can claim it and start the process again.
How to Get More $HOT?
To increase your $HOT earnings, explore the following options:
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Basic Wood: Complete specific missions to multiply the amount of $HOT you earn per hour. The more missions you complete, the more $HOT you can mine!
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Fireplace: Use $HOT tokens to boost the number of $HOTs you generate per hour.
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Wooden Storage: Increase your mining time from 2 hours to 24 hours by spending $HOT tokens. This means you only need to claim your $HOT every 24 hours, making it easier to manage.
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Complete Missions and Earn $HOT!
In the missions section, you’ll find various tasks available that can reward you with $HOT tokens. The more missions you complete, the more $HOT you can earn, which in turn boosts your production capacity.
