Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Harmony, and is trustworthy!
You can find our top 3 exchanges for buying Harmony here, alternatively you can also check our comparison of the best Australian crypto trading platforms, if you’re generally interested in seeing which exchanges work for Australians.
2. Sign up with the crypto exchange
Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.
3. Fund your account
The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.
4. Buy Harmony
And of course, the final step is to find Harmony on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.
Where to Buy Harmony (ONE)
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How to Sell Harmony
- Sign into the exchange
- Find where you stored your Harmony, either on a hardware wallet or on the exchange.
- Transfer your Harmony to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Harmony.
Considerations when looking to buy Harmony.
Harmony is a platform on blockchain that facilitates the creation and use decentralized applications (DApps). This network is focused on random state sharding which allows for the creation of blocks in seconds.
Harmony, according to its website, is expected to implement cross-shard contracts by 2021.
The Harmony mainnet is focused on speed and validation. It aims to revolutionize block generation. The company significantly reduced the time it took to validate nodes by introducing sharding.
Harmony created the Verifiable Random function (VRF), which allows for an unbiased and unpredictable shard membership to ensure nodes are protected and validate the validation process. This means that validators and nodes are assigned in a random manner and re-assigned as necessary.
Harmony Grants is a program that supports innovation and draws developers to the Harmony mainnet.