The Best 5 Ways To Buy Hedera (HBAR) In 2023

How Do I Invest In Hedera (HBAR)?

Last Updated April 16th 2024
14 Min Read

Hedera Hashgraph has introduced a crypto network for conducting value transactions and building decentralized applications to the ever-changing crypto finance space. 

In this article, Trading Education shares the top 5 places to buy Hedera (HBAR) in 2023. By the end of the article, you will be well-informed about the pros and cons of the different best exchanges to buy Hedera (HBAR) in 2023 and beyond.

HBAR Overview

Cryptocurrency Hedera
Ticker Symbol HBAR
Rank 39
Price $0.08053722711139387
Price Change 24h 2.70%
Price Change 7d -23.20%
Market cap $2,878,527,628.29
Circulating Supply 35,741,578,541.111
Trading Volume $64,926,052.45

Hedera Hashgraph is the most used, sustainable, enterprise-grade public network for the decentralized economy that allows businesses and individuals to create powerful decentralized applications. 

The Hedera Hashgraph project claims to combine high security with enormous transactional capacity. 

Launched in September 2019 after its initial coin offering in August 2018, HBAR is the native asset of the project and the fuel that powers Hedera services in the form of regular transactions, file storage, and smart contracts.

The extensive patronage of Hedera Hashgraph naturally has led millions of traders and investors to ask questions about the potency of its cryptocurrency. 

Normally, 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 it’s the primary reason why the entire project has been classified under middle-cap digital assets by market capitalization. 

 TABLE OF CONTENTS:

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 about the pros and cons of exchanges. 

We had to go through all the 23 exchanges that support the trading of the crypto trading asset one by one. 

Some of the main issues we came across that should 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 geographical 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 initiated support for cryptocurrencies in 2014 after serving its customers with centralized financial instruments for the first seven years of their existence. 

As one of the best exchanges that combine the trading of stocks, bonds, indices, and commodities with cryptocurrencies, the platform has been operating for close to 15 years without any regulatory or third-party security problems.

eToro serves approximately 30 million users as of 2023 in more than 100 countries

Such popularity and extensive usage have made it a favorite for many beginners as well as experts.

One of our experts took it upon himself to do thorough 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 do 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 the trading of HBAR, and this was announced on 15th February 2023 as part of an expansion of crypto tokens on the exchange. 

For those that want to know how to invest in Hedera Hashgraph on eToro, follow the steps below. 

Firstly, register for an account on eToro.

Secondly, go through an extensive verification process.

Thirdly, deposit funds in the form of fiat currency.

Fourthly, navigate to the Hedera Hashgraph (HBAR) Page. On this page, you can order several HBAR tokens, and they will be processed and completed.

Pros 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, 20th February 2023. 

✅ Offers HBAR copy trades. 

✅ Possesses the necessary encryptions to protect your crypto holdings. 

✅ Demo accounts with $10,000 in virtual funds to help beginners learn the volatile nature of cryptocurrencies. 

✅ It is one of the most accessible exchanges in the space today. 

✅ Offers low trading fees. 

✅ Users can enjoy free deposits. 

✅ Several payment methods are at the disposal of traders and investors. 

Cons of eToro:

Inactivity fees for dormant accounts. 

Does NOT support many crypto pairs. 

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

2. OKX

OKX was formerly known as OKEX. 

The name changed as part of a January 2023 rebranding.

Founded in Seychelles, this exchange has become one of the most used platforms in the saturated market of decentralized finance. 

Per 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 a primary aim of helping traders go about their financial activities in a reliable, stable, and safe environment. 

In searching for the best ways to buy Hedera Hashgraph (HBAR), one of our analysts made it his responsibility to do a thorough digging into the possibilities of the platform. 

Before you buy HBAR via OKX, let us analyze the pros and cons of the exchange. 

Pros of OKX: 

✅ Continues to record a minimum of $1 billion in daily trading volume. 

✅ One of the highly secured exchanges in the crypto finance space today. 

✅ The range of payment methods supported includes Apple Pay, SEPA, Visa/MasterCard, direct crypto deposits, and bank transfers. 

✅ Highly accessible (can be found on the World Wide Web for personal computer users; can also be found on Google Play store for Android-powered smartphone users; as well as Apple Store for iOS-powered smartphone users).

✅ There are more than 440 markets on the exchange. 

✅ There are more than 260 cryptocurrencies on the exchange. 

✅ Low trading fees. 

✅ One of the best-regulated exchanges in the crypto finance space today. 

✅ Great customer support. 

✅ Earn passive income through HODLing. 

Cons of OKX: 

Residents of the United States are not supported. 

Several limitations come with partial verification.

High merchant fees (deposits and withdrawals). 

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

3. Binance 

The Binance Exchange is a 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 the demand for cryptocurrencies. 

To come out on 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 led millions of traders to the platform. 

As of October 2021, there are approximately 28 million users of Binance. Out of this, more than 15 million are active users of the exchange. The exchange serves more than 150 countries. 

Binance supports the trading of HBAR and announced this on 26th September 2019 with the listing of HBAR/BNB, HBAR/USDT, and HBAR/BTC

What are the pros and cons of Binance?

Pros of Binance: 

✅ The largest cryptocurrency exchange by trading volume. 

✅ Supports fiat deposits as well as direct crypto deposits through TrustWallet and co. 

✅ More than 300 cryptocurrencies are supported. 

✅ More than 1,200 markets are supported. 

✅ Has one of the lowest trading fees in the space. 

✅ Have the necessary certificates and licenses of operation.

✅ Offers a highly secure platform. 

✅ Can be accessed through the World Wide Web as well as Google and Apple Play stores. 

✅ Offers staking rewards. 

✅ Has a great reputation.  

Cons of Binance: 

Complexity of the platform (the dashboard is not user-friendly at a glance). 

Binance Users in the US are limited as to what they can do with the exchange. 

Limited Payment Methods (NO PayPal). 

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

4. Upbit

This is one of the biggest cryptocurrency exchanges by daily volume. 

Upbit was founded in 2017 and continues to see a rise in the number of users. 

The platform had a user base of 4 million in February 2021 which grew to more than 5 million by May 2021, and approximately 8.9 million in October 2021. 

As one of the biggest exchanges in Asia, Upbit is one of the best places for the trading of altcoins.

With almost 5 years of experience, many people have made several inquiries about the relationship between Upbit and Hedera Hashgraph

Upbit supports the buying of HBAR on its platform. 

What are the pros and cons of Upbit Exchange? 

Pros of Upbit: 

✅ More than 140 cryptocurrencies can be found on the exchange. 

✅ More than 230 markets can be found on the exchange. 

✅ More than $1 billion is traded on the exchange daily. 

✅ Highly secured exchange. 

✅ Educational resources are available to help traders. 

✅ Accessible in three ways (web, Android, and iOS-powered devices). 

✅ Offers free deposits. 

✅ NOT regulated (perfect exchange for traders with a preference for anonymity). 

Cons of Upbit:

Does NOT support the USA. 

Does NOT support many payment methods. 

Customer services CAN NOT be reached easily. 

Relatively higher trading fees. 

Too decentralized (in the case of a third-party breach, you may lose all your crypto holdings). 

5. Honorable Mentions 

Many exchanges support the trading of Hedera Hashgraph (HBAR) aside from the ones discussed above. 

Other best ways to buy HBAR include but are not limited to 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.

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

Introduction To The Crypto World Of Hedera Hashgraph

Hedera Hashgraph is in a market of more than 17,500 crypto projects. According to the upcoming ICOs and existing ICOs tracked by CoinMarketCap, there is a huge chance that Hedera HashGraph will be competing with more than 20,000 projects by the end of 2023. 

This means that the protocol comes into contact with and will be coming into contact with several blockchain technologies, decentralized oracle networks, decentralized finance, decentralized applications and applications (DAPPS), stablecoins, crypto wallets, and non-fungible tokens (NFTs). 

Let us examine some of these terminologies. 

  • Blockchain Technology houses the Hedera Hashgraph protocol. This technology allows the creation, distribution, storage, and trading of HBAR tokens. To put it simply, if HBAR was a train, blockchain is the railway that allows it to move from one person to the other. 
  • HBAR has the attribute of divisibility. This attribute, in addition to counterfeitability, transferability, durability, scarcity, and utility, gives value to HBAR as a transactional currency. HBAR tokens can be divided into 8 decimal points. As of writing, HBAR was trading for $0.216, if you have $0.2, you can buy approximately 0.92208390 HBAR coins. 
  • Crypto 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 the storing and transferring of HBAR safely and securely.
  • Exchanges (centralized and decentralized) were created to facilitate the exchange of fiat for HBAR and HBAR for other tokens. 

 You will come across more terminologies as you learn about the best ways to buy HBAR. 

Trading Education would like to reiterate what we earlier pointed out, do everything you can to answer the questions about how to buy HBAR and where can I buy HBAR

This will make trading and investing in HBAR a remarkable experience.

Check Out: 9 Promising Cryptocurrencies To Invest In

Comparisons Of Payment Methods Used In Buying HBAR 

When it comes to buying HBAR, there is no singular payment method. Some of the payment methods that facilitate the buying of HBAR include but are not limited to; 

Cash ─ this is the only way you can buy HBAR anonymously in 2023. 

PayPal ─ this is one of the easiest and fastest payment methods used to buy HBAR in 2023, according to many experts. 

Bank Transfer ─ this is one of the safest and most secure payment methods used to buy Hedera Hashgraph because of 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 lesser HBAR tokens. 

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

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 uploading $100 through PayPal could see buy at least $95 worth of HBAR tokens when trading fees are taken from the capital.

The Safest Place To Buy Hedera Hashgraph (HBAR)

Binance, OKX, and eToro are the safest places to buy HBAR in 2023. 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 within a short period.

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 amount of Hedera Hashgraph coins, and they will be added to your portfolio within minutes.

How Do I Buy Hedera Hashgraph (HBAR) Near You? 

You can buy HBAR near you by downloading the app of your favourite exchange on your smartphone. With this, you can buy Hedera Hashgraph tokens within seconds. 

Don't Miss: 10 Cryptocurrencies To Explode Between 2023 And 2025

Best Ways To Buy HBAR Anonymously

The best way to buy HBAR anonymously is to find an exchange that supports cash which looks impossible in today’s market. 

You can also invest through a digital asset management firm without revealing essential details of who you are.

Best Ways To Buy HBAR With PayPal 

Since eToro supports this payment method, we can say eToro is the best way to buy HBAR with PayPal.

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

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 2023. 

The only way you can learn more about the project is to invest in its token. Several cryptocurrencies have brought gains to the portfolio of millions. Who knows, HBAR could be the token that could make you a crypto millionaire. 

eToro — Top Cryptocurrency Platform To Buy Hedera

eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.

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

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