How to Buy Hedera (HBAR) in 4 Easy Steps

Automatically updated 3 minutes ago

Quick Answer:

You can buy Hedera and have it in your wallet in less than one hour in 4 simple steps:

  1. Find the best exchange that sells Hedera.
  2. Register a new account.
  3. Fund your account.
  4. Buy Hedera.
HBAR
$0.069033918283827

These steps are simple if you know where to buy Hedera cryptocurrency -- but knowing where to buy is the hard part.

Many cryptocurrencies are only offered on less well-known exchanges, and finding the best place to buy Hedera (HBAR) and then figuring out if that exchange is trustworthy is more than most people - even experienced crypto traders - can handle!

We've done all the hard research for you. Let's get started.

Step 1Find the Best Hedera Exchange

Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.

We have done years of work to make this as simple as possible for you.

Why You Should Trust Our Recommendations

346

We started with 346 crypto exchanges.

We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.

43

Only 43 of these exchanges sell Hedera.

We then filter down the entire set of possible marketplaces to only the ones that have active HBAR markets.

26

Only 26 of these exchanges have $100m in daily trade volume.

We then remove any exchanges that don't have adequate trading volume to make buys and sales of all sizes.

6

Only 6 remaining exchanges received a 7/10 Trust Score.

We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation.

1

Apply our editorial review process to rank the remaining exchanges.

We manually review the remaining candidates to declare a winner.

The Winner is Binance

World's largest crypto exchange, known for its wide range of trading options, low fees, and strong security features.

VISIT Binance Read Review
Reasons we โ™ฅ Binance:
Low Fees
Wide Selection of Cryptocurrencies
Extensive Trading Tools and Options
Robust Security Features
Educational and Extra Features
CRYPTOCURRENCIES:376
FUNDING:
Apple Pay
,
Google Pay
,
Bank Transfer (ACH)
,
Wire Transfer
,
Debit Card
,
SEPA

Step 2Register Your New Account

Users have the option to sign up using their email address, phone number, or directly with an Apple or Google account. It's important to select the account type carefully, as it cannot be changed after registration.

  • Go to Binance Website: Visit the Binance website and click on 'Register'. Choose your preferred registration method (email address, phone number, Apple, or Google account).
  • Enter Email/Phone Number: If registering with an email or phone number, enter the details. Optionally, if referred by a friend, enter their Referral ID. Agree to the Terms of Service and Privacy Policy, then click 'Next'.
  • Verification Code: Receive a 6-digit verification code via email or phone. Enter this code within 30 minutes and submit it.
  • Create Password: Create a secure password for the account. It must have at least 8 characters, including at least one uppercase letter and one number. Click 'Next'.
  • Account Creation Confirmation: Upon completing these steps, the Binance account is successfully createdโ€‹โ€‹.

Step 3Fund Your Account

Once you have registered or logged in to your account at Binance, there are several funding methods you can use to buy Hedera cryptocurrency.

You can buy Hedera on Binance using:

  • Apple Pay: Instant processing time
  • Google Pay: Instant processing time
  • Bank Transfer (ACH): 1-3 days processing time
  • Wire Transfer: 1-3 days processing time
  • Debit Card: 1-3 days processing time
  • SEPA: 0-5 days processing time

Step 4Buy Hedera (HBAR)

After registering and funding your account at Binance, you should be able to buy Hedera after your deposit finishes processing. After you receive your HBAR, make sure to secure it and follow best security practices to avoid losing it scams or hacks.

Best Hedera Exchanges

Hedera is also available on these exchanges:


About Hedera

Categories:Layer 1

How and Where to Buy Hedera (HBAR)?

Dr Leemon Baird and Mance Harmon co-founded Hedera Hashgraph in 2018. Dr Baird works as the Chief Scientist for the Hedera project. He has more than a decade of experience in computer science, and his previous role was working as a Senior Research Scientist at the Academy Center by Cyberspace Research. He is also a co-founder and CTO for Swirlds Inc, a DApp building platform.

Mance Harmon is a highly experienced technology executive and entrepreneur with over two decades of executive roles with prominent companies, including IT security firms. Harmon is also the CEO and the other co-founder of Swirlds Inc.

Additionally, Hedera has a strong leadership team with many decades of relevant experience.

In August 2018, the ICO (initial coin offering) helped fund the launch. A year later they opened access to the mainnet (September 2019). Early investors of the ICO could purchase the native token $HBAR at the lowest prices.

Hedera is the most used enterprise-grade public network for you to make your digital world exactly as it should be โ€“ yours. HBAR is the native, energy-efficient cryptocurrency of Hedera that powers the decentralized economy. Whether you’re a startup or enterprise, a creator or consumer, Hedera goes beyond blockchain for developers to create the next era of fast, fair, and secure applications.” – Hedera website

What Is Hedera (HBAR)?

Hedera Hashgraph is a carbon-negative platform that professes to be 10x faster than blockchain alternatives and has consistently predictable gas fees. It’s an enterprise-grade public network for businesses and individuals to create DApps (decentralized apps).ย 

Hedera designed the system to be fair, sustainable, and efficient without the limitations of earlier blockchain-based networks, such as instability and poor performance.

The $HBAR token has two primary roles:

  1. ย  ย  It helps power Hedera’s core services, like Smart Contracts, daily transactions, and file storage
  2. ย  Because Hedera uses a PoS (proof of stake) consensus mechanism, $HBAR users can stake their tokens for rewards. Staking helps to secure the network and maintain the integrity of the platform

What Makes Hedera (HBAR) Unique?

Hedera uses a unique distributed ledger technology called Hashgraph. The primary difference between Hedera and other platforms is that Hedera doesn’t build on top of a conventional blockchain, as most cryptocurrency platforms do.

The advanced technology means that Hedera can improve upon blockchain-based platforms. Notably, the essential areas of improvement are:

  1. ย  ย  Speed – Transactions typically reach finality in less than five seconds
  2. ย  ย  Cost – An average Hedera (HBAR) transaction cost is $0.0001
  3. ย  ย  Scalability – Hedera claims that it can process over 10,000 TPS (transactions per second). For perspective, Bitcoin (BTC) and other PoW (proof of work) blockchains are lucky to process 5 โ€“ 20 TPS

Most other blockchains can manage to achieve one or two of the above, but at the cost of diminishing performance in other areas. For instance, a blockchain-based platform may have faster transactions than Hedera, but the speed compromises cost or scalability.

The Hedera network offers multiple services, including: –

  • ย  ย  ย  Smart contract tools – Enabling developers to build efficient and powerful DApps
  • ย  ย  ย  A token service – With a few lines of code, users on Hedera can create and mint NFTs (non-fungible tokens) and fungible tokens on the platform
  • ย  ย  ย  A consensus service – Providing a layer of trust for networks or applications requiring a verifiable and secure log of events
  • ย  ย  ย  Decentralized file storage – With features like time-based file expiry, proof of deletion, and controlled mutability

How and Where to Buy Hedera (HBAR)?

If you’re a beginner at cryptocurrency, you may wonder where and how to buy Hedera (HBAR). We research the top cryptocurrency exchanges, and in this instance, we recommend Binance.

  1. Register for an account – Binance adheres to KYC compliance, so registration requires identification documents before you can buy or tradeย  crypto on the platform
  2. Deposit – You can deposit with cryptocurrency or with fiat currencies via wire transfer, Visa, or Mastercard
  3. Go to the “Exchange” tab – Look for HBAR/USDT, HBAR/BUSD, HBAR/BTC, HBAR/TRY, HBAR/BNB, HBAR/ETH, HBAR/AUD, HBAR/BRL, HBAR/BIDR or HBAR/RUB as these are the available pairs for Hedera (HBAR)
  4. Complete the purchase – Now you must store your Hedera (HBAR) in a secure wallet. You can download Binance’s Trust Wallet to your mobile device or sign up for an exchange wallet. Alternatively, you can use an off-ramp wallet that supports $HBAR tokens

How do I Sell Hedera (HBAR)?

On some cryptocurrency exchanges, selling your tokens may seem complicated or confusing. Thankfully, with Binance, you’ll find it an easy process to sell your $HBAR tokens: –

  1. In your wallet, click on convert and choose a stablecoin like $USDT
  2. You can transfer the $USDT to an off-ramp wallet. We recommend using Gemini or Coinbase as both have a good range of fiat currency options
  3. When the $USDT is in your off-ramp account, simply convert to fiat currency and withdraw to your bank account

Should I Buy Hedera (HBAR)?

You probably know that investing in cryptocurrencies is risky, with no guarantees. To that end, we cannot advise on whether you should invest in Hedera (HBAR). It’s best to do some research beforehand and only invest what you can comfortably afford to lose.

If you still want to invest in Hedera (HBAR), the best thing is to purchase from a reputable exchange. Our top three recommendations are Binance, Gate.io, and KuCoin. All three crypto exchanges have a good reputation, good liquidity, wallet options, and a broad range of trading markets and crypto tokens.

How do I invest in Hedera (HBAR)? Safely?

Once you have chosen a reputable cryptocurrency exchange like Binance, KuCoin, or Gate.io and purchased your Hedera (HBAR), the next step is to store your $HBAR tokens securely. If you leave them on an open crypto exchange, they are at risk. We advise choosing a wallet pre-purchase so that when you have completed your $HBAR token purchase, you can store them safely.

$HBAR token pairs to buy on Gate.io and KuCoin

Hedera (HBAR)
Price
$0.069033918283827
24h Change
6.2
7d Change
15.3