Hedera (HBAR) is a public decentralised network that allows startups, enterprises and consumers to take control of the digital space by allowing developers a way of quickly and easily creating new applications that are secure and fast. Hedera is one of the most popular and sustainable networks used by individuals and businesses to create decentralised apps (DApps).
The network is extremely secure using a proof-of-stake mechanism that is powered through the HBAR consensus. In addition to this, the transaction speeds on the network are fast and the network has low fees.
HBAR tokens are used to power Hedera services such as smart contracts, transactions, and data storage. The tokens are also used to secure the network, HBAR holders can stake their tokens to assist in maintaining the integrity of the platform.
HBAR was created by Dr Leemon Baird an acclaimed computer scientist who previously worked as a senior research scientist at the Academy Centre by Cyberspace Research.
Hedera Hashgraph's current CEO is Mance Harmon, who co-founded Hedera with Leemon Baird. Mance spent two decades working in executive roles for prominent IT security firms.
The best place to buy Hedera Hashgraph is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Hedera Hashgraph (HBAR). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of HBAR is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Hedera Hashgraph with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy HBAR instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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