# How to Buy Hyperliquid (HYPE) | Buy HYPE
> Buy HYPE with a credit card instantly & easily. Store your Hyperliquid tokens directly in Gem Wallet and stake them for rewards after purchase.



## What Is Hyperliquid (HYPE)?

HYPE is the native token of Hyperliquid, a high-performance Layer 1 blockchain built from the ground up for on-chain trading. Its HyperBFT consensus delivers block times under a second and powers the fastest on-chain order book in crypto, where perpetual futures and spot markets settle fully on-chain. The network also runs HyperEVM, an EVM-compatible layer for decentralized apps. HYPE sits at the center of this ecosystem: it is used for staking, gas fees, and governance, and it was distributed to the community through one of the largest airdrops in crypto in late 2024.

## Why You Need to Buy HYPE?

HYPE has a clear role across the Hyperliquid ecosystem, which makes it a practical asset to own. Here are some of the main reasons to buy it:

- Powering the Ecosystem: HYPE is the core asset of Hyperliquid, used to pay gas fees on HyperEVM and to interact with applications built on the network.

- Staking Rewards and Fee Discounts: By choosing to stake HYPE, you can earn staking rewards and unlock reduced trading fees on the Hyperliquid DEX - a native benefit tied to how much HYPE you have staked.

- Governance: HYPE holders have a say in the direction of the protocol, giving you a voice in how the network evolves.

- Long-term Conviction: For those who believe in on-chain trading, holding HYPE is a direct way to gain exposure to the growth of the Hyperliquid ecosystem.

## Store Your HYPE

After your purchase is complete, your HYPE is deposited straight into your Hyperliquid wallet. Gem Wallet is open-source and self-custodial, so your keys never leave your device and only you can access your HYPE. From there you are free to hold it, stake it, or send it wherever you need.

## How Much Is the Fee to Buy HYPE?

Every fee tied to your purchase is shown upfront on the buy page before you confirm. Gem Wallet keeps the process transparent, so you always know the cost before you buy HYPE - no hidden charges.

## Buy HYPE by Check, Cash, or Bank Transfer

Before you buy HYPE, Gem Wallet shows you all the payment methods available in your region so you can pick the one that suits you best. The list of supported options keeps growing, so if your preferred method is not there today, it is worth checking again soon.