How To Buy Hedera Hashgraph (HBAR) Coin In Australia

A Beginner’s Guide to Buying and Trading Hedera Hashgraph Cryptocurrency in Australia

Last Updated March 21st 2022
10 Min Read

Claiming itself to be an alternative to blockchains, Hedera Hashgraph is a distributed ledger technology that has become quite approved in the industry. It significantly differs from the Bitcoin, Ethereum, and other Defi blockchains and offers faster and more scalable transactions which is a major problem in Defi. In contrast to this, the technology underlying Hedera Hashgraph makes it less decentralized than Bitcoin and Ethereum. 

Hedera Hashgraph has its native token called HBAR, which is used to pay for various services within the Hedera Hashgraph ecosystem. Plus, it’s available on several exchanges, so you can trade it to earn rewards. Follow the guide to learn everything you need to know before investing in HBAR and find out the best platforms to buy Hedera Hashgraph HBAR coin in Australia. 


How To Buy In Hedera Hashgraph In Australia – Quick Guide

To help you buy Hedera Hashgraph coins as quickly as possible, we broke the process down into a few easy steps:

  • Step 1: Open an account with eToro – Head to eToro’s website and click join now to open a new account.
  • Step 2: Verification – By uploading essential documents that show proof of identity and home address, you will get your account verified in a short time. 
  • Step 3: Deposit – Fund your new eToro account with a minimum of $10. 
  • Step 4: Search for Hedera Hashgraph on eToro – Search for HBAR or Hedera Hashgraph in the eToro crypto market.
  • Step 5: Buy HBAR – Enter the amount of the worth of Hedera Hashgraph you want to purchase in United States Dollars (USD), then click Open Trade. 

That’s it! By following these easy steps, you can invest in Hedera Hashgraph in Australia in less than 5 minutes.


Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Where To Buy Hedera Hashgraph (HBAR) Coin In Australia

Are you looking on how to buy HBAR in the state? Well, there are hundreds of crypto exchanges and brokers in Australia. This can make it hard to know which platform is right for you. 

List of the best Exchanges to buy Hedera (HBAR) in Australia:

Looking where to buy Hedera in Australia right now? Below you will find 4 of the best brokers that allow you to buy HBAR in Australia.

  • eToro - Best broker to buy Hedera Hashgraph (HBAR) in Australia
  • Binance - Best exchange to buy HBAR in Australia for asset diversity
  • Coinbase - Best exchange to buy Hedera Hashgraph (HBAR) for beginners
  • OKEx - Best broker to buy HBAR in Australia for low-cost

What Is Hedera Hashgraph (HBAR) Coin?

Hedera Hashgraph is a Defi product that was founded in 2018 by technology developers and entrepreneurs Leemon Baird and Mance Harmon. The term “blockchain” is very popular among those who have ever learned about Defi. It’s a technology that is used to record information about the transactions and verify new transactions based on this data. 

One of the main features of blockchain is decentralization which makes it more secure and almost impossible to change or hack something on it. Meanwhile, blockchain has a big problem - scalability, which is the number of transactions able to process at a particular time. When the amount of transactions increases, scalability suffers, and you should wait for more time to get your transaction verified. 

Bitcoin, for example, can process 7 transactions per second, Ethereum 15 per second, which is actually very slow. The Hedera Hashgraph tries to solve this problem by offering faster and cheaper transactions and using completely different technology. Considering blockchain inefficient technology, Hedera uses its own protocol called “gossip” that allows processing 10,000 transactions per second. Meanwhile, it offers cheaper fees and less energy is consumed in verifying those transactions.

But Hedera Hashgraph is not a perfect alternative to the blockchain as the new protocol that it uses largely affects its decentralization feature which is one of the main fundamentals of the Defi industry. Hedera is not an open-source protocol, plus everything here is governed by the Hedera Governing Council which has 39 members including the investors of the Hedera. 

The Council governs the operation of the nodes, approves changes, safeguards the network, etc. However, Hedera works on further improvements and it promises to make the network more decentralized allowing everybody to run nodes. Hedera also issues a native cryptocurrency - HBAR token which is used to power the network and has a maximum supply of 5 billion tokens.

How To Buy Hedera Hashgraph (HBAR) Coin With A Credit Card?

Buying the Hedera Hashgraph HBAR coin with a credit card is one of the simplest and fastest ways to invest in this cryptocurrency. All the reputable crypto exchanges and brokers support buying crypto assets through bank cards, so you have a great choice here. Meanwhile, you should be very careful and trade only on secure platforms not to be the victim of hackers. 

Both eToro and Binance are secure platforms and support credit or debit cards. So, firstly visit the broker and create an account going through the required processes. With a registered account you only need to find the HBAR coin on the platform and click on the “Trade” button. Select the bank card option as a payment method and fill in your card details to finalize the transaction. 

Check Out: The Best 5 Ways To Buy Hedera (HBAR)

What’s The Best Platform In Australia To Trade Hedera Hashgraph (HBAR) Coin?

Because of its high volatility, HBAR cryptocurrency is an excellent asset for short-term trading. But it’s significantly essential to find the right trading platform which can help you and provide more efficient trading. There are two primary things to consider when you select a trading platform - pricing structure and trading experience.

When you buy and sell assets on the platform, it usually charges trading fees every time you make a transaction. There are several types of trading fees - commissions, buy and sell differences, etc. Hence, before you make the final decision, you need to carefully analyze the pricing systems of the platform and find the one with the most competitive fees in the market.

The next crucial factor is the way you trade on the platform. As you will open and close positions quickly, you should select a platform that is easy to operate, processes transactions faster and works quickly. Meanwhile, it would be great if the platform provides advanced trading features and tools which can be useful in the trading process.

Though Hedera still lacks some major features, it is one of the most successful projects in the industry and has become significantly popular among thousands of other crypto projects. It is a great plus for the Hedera Hashgraph HBAR coin as it gets listed on several reputable brokerage platforms and exchanges. So, you have a huge selection of platforms to trade Hedera Hashgraph (HBAR). Here are two of the best platforms to buy the Hedera Hashgraph cryptocurrency in Australia.

Though Hedera still lacks some major features, it is one of the most successful projects in the industry and has become significantly popular among thousands of other crypto projects. It is a great plus for the Hedera Hashgraph HBAR coin as it gets listed on several reputable brokerage platforms and exchanges. So, you have a huge selection of platforms to trade Hedera Hashgraph (HBAR). Here are two of the best platforms to buy the Hedera Hashgraph cryptocurrency in Australia.


eToro is one of the best names in the industry that provides cost-effective and secure trading. It’s not a professionalized crypto trading platform but supports a wide selection of cryptocurrencies along with several other tradable assets. eToro offers an extremely user-friendly platform and great trading experience with a bunch of social trading tools for beginners, including CopyTrader and CopyPortfolios tools which are completely free to use.

Being one of the most reputable and secure brokers, eToro is regulated by 4 financial institutions and uses robust safety functions to keep malicious cases from your account. Trading fees are very competitive on the platform. The broker offers the buy and sell spreads which differ depending on the cryptocurrency. No deposit fees are charged and the withdrawal fee is very low irrespective of the payment method.


Binance is one of the most famous cryptocurrency exchanges worldwide and it is the largest in terms of liquidity. The platform is mainly designed for experienced traders but with its simple and attractive design, it is largely popular among beginners too. Binance is great not only with the number of cryptocurrencies it offers and low fees but also a wide selection of trading tools and order types.

Binance is not a regulated platform, still, it’s one of the most secure crypto exchanges that provide magnificent security for its users. Binance also offers a decentralized software wallet called Trust where you can transfer your coins and store them safely. The wallet also provides an in-built exchange allowing its users to swap between several crypto pairs.

Here’s How You Can Instantly Buy Hedera Hashgraph (HBAR) Coin In Australia

Now, when you learned about the Hedera Hashgraph HBAR coin and know the best platforms where you can buy HBAR in Australia, you may be curious how you can start purchasing it. Here is a quick and detailed guide about the whole process.

1. Open an Account with a Crypto Exchange that Supports HBAR

 Visit the broker of your choice and create an account if you still don’t have one. On the registration window, fill in the required information, including your name, surname, birth date, and other data required by the platform. The next crucial step is to verify your account which has several levels. The first verification is required through an email and mobile phone. Then you must continue verifying your identity and address.

2. Select a Payment Method and Make a Deposit

When your account is completely verified, you can make a deposit to be able to purchase an HBAR coin. To do this, click on the “Deposit” button, choose the payment method (bank card, bank transfer, e-wallet, etc.), and fill in the amount you want to transfer to your exchange account.

3. Buy Hedera Hashgraph (HBAR) coin and Store it on a Crypto Wallet. 

To purchase Hedera Hashgraph, type HBAR in the search toolbar to find the coin. Next to the coin, you will see a “Trade” or “Buy” button which you need to click on to open the position. Fill in the amount you want to buy and place the order. When your transaction is completed you can transfer your coins to a decentralized cryptocurrency wallet.

Don't Miss: Hedera Hashgraph (HBAR) Price Prediction

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Here’s How You Can Start Trading Hedera Hashgraph (HBAR) Coin In Australia

We have already discussed how to select a cryptocurrency broker to trade Hedera Hashgraph HBAR coin in Australia. In this section, we will explain how to go through the whole process.

Of course, you can not trade without having a trading account, so your first step is to create an account. Signing up for an online account on eToro or Binance is a quick and straightforward process and requires filling in some personal data and verifying your account. The process also involves depositing some funds to your account to purchase coins.

But before you start buying and selling HBAR coins, you need to have a clear plan on how you will trade. In short, you should develop a trading strategy that can bring your trades to a new level making them more organized and efficient. To have a better understanding of how to build your trading strategy, you had better analyze the market, learn about what can affect HBAR price, its plans, and create a plan based on your trading goals and budget.

Best Digital Wallet For Hedera Hashgraph (HBAR) Coin

Apart from keeping your HBAR coins on your exchange account, you have some more alternatives to store them. There are two types of digital wallets where you can store HBAR coins - software and hardware wallets. Whether you should select the first one or the second depends on your investment goals and budget.

Software wallets are mainly free and you can download them on your mobile device. These are considered hot storage wallets and they usually provide an in-built exchange platform, where you can exchange between various cryptocurrencies, stake your coins, generate rewards, etc. Among the best software wallets are eToro’s Money wallet, Binance’s Trust wallet, Coinbase, Exodus, etc.

Hardware wallets are well-designed for storing large amounts of cryptocurrencies. These are physical wallets that you need to buy from stores. Hardware wallets store your cryptocurrencies offline that’s why they are considered the most secure wallets. The best hardware wallets are those developed by Ledger Nano and Trezor.

Should You Buy Hedera Hashgraph (HBAR) Coin Right Now?

To better understand whether you should buy Hedera Hashgraph (HBAR) coin or not you need to first consider its benefits and drawbacks. One of the best features of this project is that it’s not just another copy of cryptocurrency. It’s an advanced Defi product that tries to make significant changes in the industry.

Hedera Hashgraph has already gained popularity in the market and attracted such big companies as IBM, Google, Tata Communication, Boeing, and lots of others who invested in the project. This makes Hedera Hashgraph a trustworthy project meaning that it has all the potential to become a well-established Defi product.

Hedera Hashgraph Council:

Avery Dennison, Boeing, Chainlink Labs, DBS, Dentons, Deutsche Telekom, DLA Piper, EDF Energy, EFTPOS, FIS, Google, IBM, IIT Madras, LG, LSE, Magalu, Nomura, ServiceNow, Shinhan Bank, Standard Bank, Swirlds, Tata Communications, Ubisoft, UCL, Wipro, Zain.

Still, we should admit that Hedera Hashgraph is a fresh project and has several competitors in the industry. It does not have significant support in the crypto community due to lacking decentralization. But Hedera works on the improvements and if it can tackle these issues, the project can become well-adopted and HBAR value will rise accordingly.


To conclude, Hedera Hashgraph is a newly launched Defi project that introduces a unique protocol to make transactions faster, cheaper, and more scalable. The project also has issued its native token - HBAR coin which has a maximum supply and can not be mined by the network users. Instead, a new set of HBAR coins is unlocked by the project owners.

HBAR is available for trading and you can buy it on cryptocurrency exchange platforms. To buy Hedera Hashgraph (HBAR) coin, visit one of the brokers in our recommendation list, create an account, and deposit funds to start purchasing the coin.

eToro — Top Cryptocurrency Platform To Buy Hedera

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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