How to Buy Hedera Hashgraph (HBAR) in Australia

1. Choose a crypto exchange

First things first, you need an exchange that both has Hedera Hashgraph, and is trustworthy!

You can find our top 3 exchanges for buying Hedera Hashgraph 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 Hedera Hashgraph

And of course, the final step is to find Hedera Hashgraph 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 Hedera Hashgraph (HBAR)

ExchangeRatingAvailable CryptocurrenciesFeesVisit Site
Swyftx Logo5/5350+0.6%VISIT SITE
Binance Logo4.5/5300+0.1%VISIT SITE
Digital Surge Logo4/5200+VariesVISIT SITE

How to Sell Hedera Hashgraph

  1. Sign into the exchange
  2. Find where you stored your Hedera Hashgraph, either on a hardware wallet or on the exchange.
  3. Transfer your Hedera Hashgraph to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
  4. Sell Hedera Hashgraph.
Businessman looking at crypto trend

Considerations when looking to buy Hedera Hashgraph.

Hedera, the most widely used and sustainable enterprise-grade public network in the decentralized economy, allows individuals and businesses create powerful, decentralized apps (DApps).

It's designed to be fairer and more efficient than older blockchain-based platforms, which eliminates slow performance and instability.

The initial coin offering (ICO), which was launched in August 2018, funded the platform. Open access to its mainnet was first made available in September 2019, just over a full year later. Investors were able to buy the native utility token (HBAR), as part of the ICO.

The HBAR token plays a dual role in the Hedera public networks.

HBAR is the fuel that powers Hedera services such as smart contracts and file storage. It's also used to secure the network. HBAR users have the ability to stake tokens to aid in maintaining the integrity and security of the platform.

Hedera Hashgraph, unlike most cryptocurrency platforms, isn't built upon a traditional blockchain. It introduces a new type of distributed ledger technology called a Hashgraph.

This technology allows it improve upon other blockchain-based options in many key areas including speed, cost and scalability. Hedera transactions typically reach finality in less than five seconds and have an average transaction cost of $0.0001 USD. Hedera Hashgraph claims that it can handle over 10,000 transactions per second (TPS), compared to around 5-20 for the most popular proof of work (PoW-based) blockchains.

There are many major network services offered by the platform. These include:

  • This token service allows users to quickly configure and mint fungible and non-fungible tokens on Hedera using just a few lines code.
  • Consensus service that provides a layer of trust to any network or application that requires a log of events that is secure and verifiable.
  • Developers can use smart contract tools to create powerful, efficient and decentralized applications.
  • Services for decentralized file storage include time-based file expiry, controlled mutability and proof-of-deletion.