HomeHedera HashgraphHow and where to buy Hedera Hashgraph (HBAR) in 3 steps
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How and where to buy Hedera Hashgraph (HBAR) in 3 steps

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Hedera (HBAR)
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Author: Alexander Buckley Updated: March 8, 2022

Many crypto enthusiasts cite Hedera Hashgraph as a new generation of blockchain. It strives to fill in the gaps left by traditional blockchain technology to improve speed and security and allow transactions to occur at high volumes.

This allows individuals and businesses to build on the network with confidence, knowing that it is fast, reliable, secure and sustainable. Already, Hedera has influential partnerships with IBM, Google, EDF, LG and others who use its publicly distributed ledger technology to interact in a trustless manner via smart contracts. 

Another interesting feature is Hedera’s governing council, which is comprised of many organisations that decide—through Hedera’s consensus mechanism—on its future roadmap and development.

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Keep reading to discover more about HBAR and its many prominent partners. This page will also guide you through Hedera’s compelling use cases and explain the process of how to buy Hedera Hashgraph now.

3 steps to buy Hedera Hashgraph (HBAR) 

Step 1: Sign up to a broker or exchange

Create an account with a trading platform of your choice. Use our recommended list to get an idea of which cryptocurrency exchange or broker you’d like to sign up for. Registering an account will only take a few minutes. To make a new account, you’ll need to provide some personal information and some form of I.D.

Step 2: Deposit funds

To use the trading platform’s exchange services, you’ll need to deposit some funds. Deposits can be made using a credit/debit card or a bank transfer.

Step 3: Buy HBAR

Once you’ve added funds to your trading account, go to your trading platform’s exchange and trade your funds into HBAR. Search for Hedera, then choose the trading pair that you want. Enter the number of HBAR you’d like to purchase, then click the buy button.

Where to buy Hedera Hashgraph (HBAR)?

Several crypto exchanges list Hedera Hashgraph, and you can find a few of the best ones here.

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Description:
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Bank Transfer, Credit Card, Debit Card, PayPal, Wire Transfer
Full regulations list:
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Why buy HBAR?

Hedera Hashgraph groups transactions into what’s known as a “hashgraph”. This method of organising data speeds up transactions and reduce network fees. For these reasons, some of the biggest names in traditional finance and business use Hedera, including Shinhan Bank, DLA Piper, T-Mobile, and Boeing. 

In addition, Hedera hosts many decentralised applications (dApps) with a variety of use cases. Examples include Dropp, an application that enables micropayments for crypto and fiat; Calaxy, a social media service for creators; and Neuron, a drone surveillance platform that uses Hedera for its unparalleled provenance of data. 

Seeing what Hedera is doing, Other dApps have ported over from Ethereum to leverage Hedera’s speed and versatility. These include AllianceBlock, which aims to build a bridge between decentralised and traditional finance worlds, and Unibright, a platform that helps businesses explore the benefits of tokenisation. Hedera’s own token, HBAR, is used to reward nodes and pay for network transaction fees and is actively traded on multiple cryptocurrency exchanges.  

Where to store your HBAR

HBAR can be kept in your chosen trading platform’s portfolio or sent to non-custodial wallets. Hedera has a list of their own recommended crypto wallets on their website such as Abra, Atomic Wallet, Hex and Hashpack, a browser wallet made specifically for Hedera Hashgraph. Hardware wallets such as Ledger Nano S and Nano X can also be used to store and keep your HBAR secure. Many seasoned crypto traders and investors choose these so that they can keep their funds off-chain and eliminate counterparty risk.

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Frequently Asked Questions

  1. Hedera has a special architecture built around something called a Directed Acyclic Graph that has the advantage of being ideally positioned to bring the islands of traditional and decentralised finance together. Different from blockchain technology that underpins other blockchains, its hashgraph helps improve stability and security and allows for rapid, cheap transactions.

  2. HBAR can be staked on most popular crypto exchanges. Holders can stake on the Hedera network by delegating their coins to a node. This is called proxy staking. You can read more about the process of proxy staking, how Hedera’s nodes work, and how to connect your wallet by visiting the Hedera website.

  3. Although the market capitalisation for NFTs on Hedera is small, there are avenues that facilitate NFTs and tokenisation. Gomint, a tokenisation platform and marketplace on Hedera enables users to tokenise assets and sell them. Another marketplace for Hedera NFTs is Zuse Market.  

  4. Hedera is constantly being built upon and improved. The token launched in 2019 and has since seen a massive influx of growth and development. You can check out Hedera’s ambitious roadmap here.

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