Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Power Ledger, and is trustworthy!
You can find our top 3 exchanges for buying Power Ledger here, alternatively you can also check our comparison of the best Australian cryptocurrency exchanges 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 Power Ledger
And of course, the final step is to find Power Ledger 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 Power Ledger (POWR)
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How to Sell Power Ledger
- Sign into the exchange
- Find where you stored your Power Ledger, either on a hardware wallet or on the exchange.
- Transfer your Power Ledger to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Power Ledger.
Considerations when looking to buy Power Ledger.
Powerledger (POWR), a technology company, develops software to support distributed and decentralised energy markets. This will ensure a sustainable future. It developed a blockchain-based platform to track and trade energy, flexibility services, and environmental commodities. Its mission is to create a platform that allows consumers to choose their energy and promotes the democraticization of power.
Powerledger is headquartered in Australia and has more than 30 clients in 11 countries. Representatives are available around the world. Powerledger uses two blockchain layers. It also uses two tokens: the Powerledger tokens (POWR), and the Sparkz tokens. The platform uses both the public Ethereum blockchain as well as EcoChain(tm) a private consortium Blockchain.
The ERC-20 token POWR acts as a license for utilities, renewable energy operators and microgrids. It also allows property developers and companies that are committed to 100% renewable electricity to have access to Powerledger's platform. The Ethereum Smart Bond exchange allows POWR to be traded.
Grid parity was achieved in 2015 by 30 countries. This means that solar-generated electricity costs were equal or lower than local retail electricity. Powerledger is a combination of renewable energy and blockchain technology that offers energy solutions that are more cost-effective and sustainable than traditional alternatives.
Powerledger offers uGrid and xGrid as well as TraceX, Vision. Power purchase agreements (PPA) Vision. Mode Flex, Local Energy Market (LEM) are also available. The platform is blockchain-based and can be contracted individually or scaled as required. The products can be divided into three key pillars. Trading in energy and traceability, flexibility trading, and trading in environmental commodities.
Traceability and energy trading. You can track and trade energy to keep track of its provenance and movement. It allows consumers to choose the energy they use and facilitates peer-to-peer (P2P), trading. Without subsidy, solar P2P energy trading is possible to deal with excess solar.
Trading with flexibility. MODE, or Marketplace for Optimisation Distributed Energy, allows Distributed Energy Resource owners and flexible loads, to offer grid services to monetise assets.
Environmental commodities trading. This technology allows for more efficient, transparent and secure trading in environmental commodities like renewable energy certificates and carbon credit.