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Power Ledger

How & Where to Buy Power Ledger A Step-by-Step Guide to Buying POWR

  1. Sign up at CoinSwitch, the #1 rated POWR exchange.
  2. Fund your account with cash or crypto.
  3. Buy Power LedgerPOWR
  1. STEP 1Find the Best POWR Exchange
    • coinswitch reviews
      Ease of use
      Time to 1st Buy
      24h Volume

      This mobile aggregator platform collects data from all major exchanges, making it possible to swap a large number of cryptocurrencies at highly competitive rates. Mobile app-only CoinSwitch Kuber is the most popular cryptocurrency exchange service in India, with over 4 million users. Hassle-free arbitrage and trading process.

    • 102
      Ease of use
      Time to 1st Buy
      2 hrs
      24h Volume

      China’s biggest cryptocurrency exchange and the second-biggest exchange in the world. Huobi is highly respected and well designed, with a stunning trading platform, more than 50 fiat currencies accepted, and fair trading fees. Now based in Seychelles and listed in Hong Kong, it serves a primarily Asian customer base.

    • bithumb exchange
      Ease of use
      Time to 1st Buy
      3 hrs
      24h Volume

      South Korea’s number one crypto exchange, which offers both a Korea-only and a global platform. On the native platform, fees are based on an interesting ticket system, whereas Bithumb Global trading fees are fixed. Plenty of coins to choose from, as well as an education platform that can reward learners for their participation.

    Go to CoinSwitch and create an account. In some cases, the exchange will need some personal information like email address, phone number, name, address, and a copy of your government ID or passport.

    This is completely normal and all exchanges we list on this page have security in place to protect your personal info.

  2. STEP 2Fund Your Account

    It is now time to add funds to your newly created exchange account. This will allow you to purchase Power Ledger Power LedgerPOWR quickly.

    Upon signing up at the exchange, you should be shown easy to follow instructions to buy POWR with cash from your bank account or credit or debit card. Some exchanges also accept alternative funding methods such as Paypal, Apple Pay, Skrill, or Sofort by Klarna. You can also deposit any supported cryptocurrencies directly into your exchange account and trade them for POWR.

Frequently Asked Questions About Buying & Selling Power Ledger (POWR)

How do I Buy POWR with Crypto?

If you want to buy POWR with a cryptocurrency like Bitcoin, Ethereum, Litecoin, XRP, or BNB, then you can simply sign up for CoinSwitch and send your crypto to your account.

You can view the supported cryptocurrencies for the exchange you selected by going to the assets or wallet screen. Once you see a list of coins, you should be able to select one and click "deposit" which will show you the address to send your crypto to CoinSwitch.

You will then copy that address and paste it into the wallet holding your cryptocurrency and send.

Depending on the blockchain used and how quickly the exchange processes deposits, your funds should show up in your exchange balance within minutes.

How do I sell Power Ledger (POWR)?

To sell POWR, simply reverse the buying process described above. You will likely need to trade your Power LedgerPOWR into a USD coin like usdtUSDT. Look for a "Sell" button in your account wallet and sell for Dollars, then initiate a transfer to your bank account. To withdraw cash to your bank, you will likely need to complete a full KYC (Know Your Customer) process if you haven't already.

Power Ledger Research Center

Power Ledger Technical Details & Statistics

  • Market Rank312
  • Market Cap124,797,530
  • Circulating Supply457,585,997
  • Total Supply999,506,123 POWR
Yesterday's Trading
  • 24 HR Volume4,704,618 USD
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What is Power Ledger?

Power Ledger is the world’s first decentralized energy trading platform. It aspires to develop a model for energy trading which takes control away from traditional energy distribution authorities and helps to put the average citizen in charge of determining the source of their energy supply. By using the blockchain to democratize energy trading around the world, Power Ledger aims to not only reduce average electricity costs but do so in a trustless, transparent manner. Its founders believe that blockchain-enabled P2P energy trading has the ability to transform energy networks into trading platforms, moving away from retail arrangements in the past which have taken on a monopolistic form in many areas of the world.

History of Power Ledger

The team behind Power Ledger consists of energy executives, PhD’s in disruptive technology and Systems Theory, and those with a background in blockchain development. After a successful ICO, Power Ledger hit the crypto markets in November 2017, quickly growing in market cap by almost 100-fold some three months later. Although this number has come down significantly in 2018, it still remains the most popular energy trading cryptocurrency platform with active prospects for future growth. Power Ledger currently has plans to begin operations in Asia, spreading to the territories of Oceana soon after.

How Power Ledger Works

The Power Ledger platform is a trustless and transparent energy trading platform which supports an ever-growing number of energy applications. Its exchangeable energy trading token is called Sparkz, which can be purchased using Power Ledger’s Ethereum token (POWR). The Power Ledger Ecosystem uses private trading applications to create Sparkz in exchange for POWRs. Sparkz can also be purchased with fiat currencies from individual trading platforms that host closed-loop exchanges for energy and Sparkz. Through utilizing its own blockchain, Power Ledger can thereby connect individual power buyers with sellers, skipping the need for a 3rd party intermediary (such as a traditional electric company).

Why Power Ledger?

As a means of trading power supply through the decentralized nature of the blockchain, Power Ledger offers many benefits over the current standing system of power distribution, such as:

Peer to peer power trading. Power Ledger connects power suppliers with purchasers directly and securely through the use of smart contracts, thus cutting costs normally associated fees in such an exchange.

Neo-Retailer. A specially developed application within the Power Ledger platform allows for “smart supply and demand” management, meaning a power source will never have to run the risk of generating more power than can be accounted for by the Neo-Retailer management system.

Microgrid / Embedded Network Operator. Through the use of pioneered technology and sophisticated smart contracts, Power Ledger can provide accurate electricity metering, big data acquisition, rapid microtransactions and supply grid management. Embedded networks allow for modulated energy consumption, meaning left over energy not consumed by an investor can still be transferred elsewhere without loss of value or supply.

Power port and electric vehicle support. Power Ledger uses real time metering data to identify electric vehicles and their charging locations, even offering services like roadside assistance in cases of driver emergency.