Data Credits are the only payment accepted to send data over the Helium network.
Data Credits allow users to transfer bytes of data via the LongFi wireless protocol and use for blockchain transaction fees. The price of Data Credits is fixed in USD (1 Data Credit = $0.00001). Like pre-paid cellphone minutes or airline miles, Data Credits are non-transferrable, and can only be used by their original owner.
To acquire Data Credits, network users convert HNT or obtain them from an HNT owner. Any HNT converted to Data Credits is permanently removed (“burned”) from the circulating supply.
Note: Transfer conversion rate shown is purely illustrative and does not reflect real world market rates.