Hedera Hashgraph has introduced a cryptographic network to transact value and create decentralised applications in the ever-changing crypto finance space.
In this article, Trading Education shares the 5 best places to buy Hedera (HBAR) in 2022. By the end of the article, you will be well informed about the pros and cons of different best exchanges to buy Hedera (HBAR) in 2022 and beyond.
Hedera Hashgraph is the most widely used, sustainable, enterprise-level public network for the decentralised economy that enables businesses and individuals to create powerful decentralised applications.
The Hedera Hashgraph project aims to combine high security with enormous transactional capacity.
Launched in September 2019 after its initial coin offering in August 2018, HBAR is the project’s native asset and the fuel that powers Hedera’s services in the form of regular transactions, file storage and smart contracts.
Hedera Hashgraph’s extensive patronage has naturally led millions of traders and investors to ask questions about the power of its cryptocurrency.
Typically, people have invested in tokens such as Cardano (ADA), Tron (TRX), and Solana (SOL) because of the possibilities of their protocols. The same can be said for HBAR and is the main reason why the entire project has been classified in mid-cap digital assets by market cap.
THE BEST 5 EXCHANGES TO BUY HEDERA HASHGRAPH (HBAR)
In trying to find the best 5 exchanges to buy HBAR, we had to do an extensive study on the pros and cons of the exchanges.
We had to go through the 23 exchanges that support the trading of the cryptocurrency trading asset one by one.
Some of the main issues we found that need to be taken seriously by novice or beginner traders have to do with regulation, security, reputation, fees, payment methods, customer service, liquidity, ease of use, insurance and geo-restrictions.
In the end, we concluded on the best exchanges and ways to buy Hedera Hashgraph based on regulation, payment service and security. And the winners are eToro, Binance, Upbit, OKX and other honorable mentions.
1. eToro
eToro launched support for cryptocurrencies in 2014 after serving its customers with centralised financial instruments for the first seven years of its existence.
As one of the best exchanges that combine trading stocks, bonds, indices and commodities with cryptocurrencies, the platform has been operating for almost 15 years without any regulatory or third-party security issues.
eToro serves approximately 30 million users as of 2022 in more than 100 countries.
Such popularity and extensive use has made it a favourite for many beginners and experts.
One of our experts took it upon himself to do extensive research on eToro and came across questions about the relationship between Hedera Hashgraph and the exchange.
Some of the questions included, but were not limited to; how many cryptocurrencies does eToro support, what cryptocurrencies does eToro support, is Hedera Hashgraph (HBAR) on eToro, can I buy Hedera Hashgraph (HBAR) on eToro, how do I buy HBAR on eToro and when did eToro add support for Hedera Hashgraph (HBAR)?
Yes, eToro supports HBAR trading, and this was announced on February 15, 2022 as part of an expansion of crypto tokens on the exchange.
For those who want to know how to invest in Hedera Hashgraph on eToro, follow the steps below.
First, register for an account on eToro.
Second, go through an extensive verification process.
Third, deposit funds in the form of fiat currency.
Fourth, go to the Hedera Hashgraph (HBAR) page. On this page, you can request several HBAR tokens, and they will be processed and completed.
Advantages of eToro:
✅ It is a well-regulated exchange.
✅ One of the largest exchanges by daily trading volume.
✅ Supports approximately 48 digital currencies as of Sunday 20 February 2022.
✅ Offers HBAR copy trading.
✅ Has the necessary encryption to protect your cryptocurrency holdings.
Demo accounts with $10,000 in virtual funds to help beginners learn the volatile nature of cryptocurrencies.
✅ One of the most accessible exchanges in the space today.
✅ It offers low trading fees.
✅ Users can enjoy free deposits.
✅ Various payment methods are available to traders and investors.
Cons of eToro:
❌ Inactivity fees for inactive accounts.
❌ Does NOT support many cryptocurrency pairs.
2. OKX
OKX was formerly known as OKEX.
The name changed as part of a January 2022 rebranding.
Founded in Seychelles, this exchange has become one of the most widely used platforms in the saturated market of decentralised finance.
According to statistics presented by Statista and other exchange trackers based on daily trading volume, OKX is one of the largest cryptocurrency exchanges in terms of liquidity.
The exchange has the primary goal of helping traders conduct their financial activities in a reliable, stable and secure environment.
When looking for the best ways to buy Hedera Hashgraph (HBAR), one of our analysts made it his responsibility to delve into the possibilities of the platform.
Before you buy HBAR through OKX, let us analyse the pros and cons of the exchange.
Advantages of OKX:
✅ Continues to record a low of $1 billion in daily trading volume.
One of the highly secure exchanges in the crypto finance space today.
✅ The range of supported payment methods includes Apple Pay, SEPA, Visa/MasterCard, crypto direct deposits and bank transfers.
Highly accessible (can be found on the World Wide Web for PC users; can also be found on the Google Play Store for Android smartphone users; as well as on the Apple Store for iOS smartphone users).
✅ There are more than 440 markets on the exchange.
✅ There are more than 260 cryptocurrencies on the exchange.
✅ Low trading commissions.
✅ One of the best regulated exchanges in the crypto finance space today.
✅ Great customer support.
✅ Earn passive income through HODLing.
OKX Cons:
❌ US residents are not supported.
❌ Several limitations come with partial verification.
❌ High merchant fees (deposits and withdrawals).
3. Binance
Binance Exchange is part of the Binance ecosystem. Crypto-entrepreneur Chanpeng Zhao launched the trading platform in 2017.
The exchange came at a time when there was a boom in demand for cryptocurrencies.
Reaching the top among more than 500 platforms is no small achievement. At the peak of its powers, Binance processes 1.4 million orders per second, and this has driven millions of traders to the platform.
As of October 2021, there are approximately 28 million Binance users. Of this, more than 15 million are active users of the exchange. The exchange serves more than 150 countries.
Binance supports HBAR trading and announced it on 26 September 2019 with the listing of HBAR / BNB, HBAR / USDT and HBAR / BTC.
What are the pros and cons of Binance?
Advantages of Binance:
✅ Largest cryptocurrency exchange by trading volume.
✅ Supports fiat deposits as well as direct crypto deposits via TrustWallet and co.
✅ Over 300 cryptocurrencies are supported.
✅ More than 1,200 exchanges are supported.
✅ It has one of the lowest trading fees in the space.
✅ Have the necessary trading certificates and licenses.
✅ Offers a highly secure platform.
✅ Can be accessed via the World Wide Web, as well as the Google and Apple Play shops.
✅ Offers wagering rewards.
✅ It has a great reputation.
Cons of Binance:
❌ Complexity of the platform (the control panel is not easy to use at a glance).
❌ Binance users in the US are limited in what they can do with the exchange.
❌ Limited payment methods (NO PayPal).
4. Upbit
This is one of the largest cryptocurrency exchanges by daily volume.
Upbit was founded in 2017 and continues to see an increase in the number of users.
The platform had a user base of 4 million in February 2021, which grew to over 5 million in May 2021, and approximately 8.9 million in October 2021.
As one of the largest exchanges in Asia, Upbit is one of the best places to trade altcoins.
With almost 5 years of experience, many people have made several enquiries about the relationship between Upbit and Hedera Hashgraph.
Upbit supports the purchase of HBAR on its platform.
What are the pros and cons of Upbit Exchange?
Advantages of Upbit:
✅ More than 140 cryptocurrencies can be found on the exchange.
✅ More than 230 exchanges can be found on the exchange.
✅ More than $1 billion are traded on the exchange daily.
✅ Highly secure exchange.
✅ Educational resources are available to assist traders.
✅ Accessible in three ways (web, Android and iOS powered devices).
✅ Offers free deposits.
✅ UNREGULATED (perfect exchange for traders with a preference for anonymity).
Cons of Upbit:
❌ Does NOT support US.
❌ It does NOT support many payment methods.
❌ Customer services CANNOT be easily contacted.
❌ Relatively higher trading fees.
❌ Too decentralised (in the event of a third-party breach, you can lose all your cryptocurrency holdings).
5. Honourable mentions.
Many exchanges support trading Hedera Hashgraph (HBAR) apart from those discussed above.
Other best ways to buy HBAR include, among others, KuCoin, BitMart, Huobi Global, Gate.io, Bittrex, Bitstamp, Indodax, Bybit, WazirX, Liquid, BeQuant, HitBTC, Bitrue, Nami, LATOKEN, CoinEx, Nominex.io, Bitladon, Mandala and tokenize among others.
INTRODUCTION TO THE CRYPTOGRAPHIC WORLD OF HEDERA HASHGRAPH
Hedera Hashgraph is in a market of more than 17,500 crypto projects. According to upcoming ICOs and existing ICOs tracked by CoinMarketCap, there is a strong possibility that Hedera HashGraph will compete with more than 20,000 projects by the end of 2022.
This means that the protocol does and will come into contact with various blockchain technologies, decentralised oracle networks, decentralised finance, decentralised applications and apps (DAPPS), stablecoins, cryptographic wallets and non-fungible tokens (NFTs).
Let us examine some of these terminologies.
Blockchain Technology hosts the Hedera Hashgraph protocol. This technology enables the creation, distribution, storage and trading of HBAR tokens. Simply put, if HBAR were a train, blockchain is the railway that allows it to pass from one person to another.
HBAR has the attribute of divisibility. This attribute, in addition to counterfeitability, transferability, durability, scarcity and utility, gives HBAR value as a transactional currency. HBAR tokens can be divided into 8 decimal points. At the time of writing, HBAR was trading for $0.216, if you have $0.2, you can buy approximately 0.92208390 HBAR coins.
Cryptographic wallets that support HBAR, such as Hedera Wallet, Edge, BRD Wallet, Ledger Nano X/S, Atomic Wallet, Guarda Wallet and MyHbarWallet are software that has been created to facilitate access to the Hedera Hashgraph protocol. They also help in storing and transferring HBAR securely.
The exchanges (centralised and decentralised) were created to facilitate the exchange of fiat for HBAR and HBAR for other tokens.
You will find more terminologies as you learn about the best ways to buy HBAR.
Trading Education would like to reiterate what we stated above, do your best to answer questions about how to buy HBAR and where can I buy HBAR?
This will make trading and investing in HBAR a remarkable experience.
COMPARISONS OF PAYMENT METHODS USED IN BUYING HBAR
When it comes to buying HBAR, there is no single payment method. Some of the payment methods that facilitate the purchase of HBAR include, but are not limited to;
Cash: this is the only way you can buy HBAR anonymously in 2022.
PayPal: this is one of the easiest and fastest payment methods used to buy HBAR in 2022, according to many experts.
Bank transfer: this is one of the safest and most secure payment methods used to buy Hedera Hashgraph due to the extensive background checks involved.
Credit/debit card: as one of the fastest ways to buy HBAR, this payment method comes with the ability to buy relatively minor HBAR tokens.
THE CHEAPEST PLACE TO BUY HEDERA HASHGRAPH (HBAR)
The cheapest place to buy HBAR is eToro. The platform supports payment methods that can help you deposit by paying $0 in fees. This means that loading $100 via PayPal could see you buy at least $95 in HBAR tokens when trading fees are taken from the principal.
THE SAFEST PLACE TO BUY HEDERA HASHGRAPH (HBAR)
Binance, OKX and eToro are the safest places to buy HBAR in 2022. They adhere to anti-money laundering and KYC regulations.
THE EASIEST WAY TO BUY HEDERA HASHGRAPH (HBAR)
The easiest way to buy HBAR is through eToro. The exchange supports many payment methods. Therefore, many HBAR coins can be ordered in a short period of time.
THE FASTEST WAY TO BUY HEDERA HASHGRAPH (HBAR)
The fastest ways to buy HBAR are through eToro, Binance and OKX. This is because they are easily accessible.
Once you are a fully verified member of any of these exchanges, you can buy any number of Hedera Hashgraph coins, and they will be added to your wallet in a matter of minutes.
HOW DO I BUY HEDERA HASHGRAPH (HBAR) NEAR YOU?
You can buy HBAR near you by downloading your favourite exchange’s app on your smartphone. With this, you can buy Hedera Hashgraph tokens in a matter of seconds.
Don’t miss: 10 cryptocurrencies will explode between 2022 and 2025.
THE BEST WAYS TO BUY HBAR ANONYMOUSLY
The best way to buy HBAR anonymously is to find an exchange that accepts cash, which seems impossible in the current market.
You can also invest through a digital asset management company without revealing essential details of who you are.
THE BEST WAYS TO BUY HBAR WITH PAYPAL
Since eToro supports this payment method, we can say that eToro is the best way to buy HBAR with PayPal.
BEST WAYS TO BUY HBAR WITH A BANK ACCOUNT
The best way to buy HBAR with your bank account is through eToro.
BEST PLACES TO BUY HBAR WITH A CREDIT/DEBIT CARD
The best places to buy HBAR with credit/debit cards are eToro and Binance.
CONCLUSION
There you have it, the 5 best ways to buy HBAR in 2022.
The only way you can learn more about the project is to invest in your token. Several cryptocurrencies have brought profits to the wallet of millions. Who knows, HBAR could be the token that could make you a crypto billionaire.
