Exchange | ||||||
Rating | ||||||
Custodian from BlackRock? | ||||||
Fees | 0,15% | 0,10% | 0,99% | 1,49% | 0,99% | 1% |
Fees per $1.000 | $1,50 | $12,50 | 1€ | 14,90€ | $9,90 | $10,00 |
Transfer to external wallet | ||||||
Security | ||||||
Details | The best overall package, the safest exchange in the world, also used by BlackRock, with extremely low fees. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | The largest exchange in the world with low fees, but with a but with an incident where CEO CZ had to resign. | Extremely secure, but comparatively high fees. | Simple, fast and secure. | Simple, fast, secure, comparatively high fees. |
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Buy Hedera (HBAR) Fast and Securely on Coinbase
Coinbase operates within a strict regulatory environment, holding licenses from various reputable financial authorities. Its partnership with global financial institutions like BlackRock, which trusts Coinbase for custodianship, underscores its reliability and security, even for transactions involving Hedera (HBAR). Here are the main points when buying HBAR on Coinbase:- Trading Fees & Funding: Coinbase uses a clear and transparent fee structure. Buying HBAR on Coinbase comes with a 1.49% commission, in addition to a 0.5% spread. It’s essential to factor these fees into your trading strategy. For funding your Coinbase account, you have multiple choices. European users enjoy free SEPA transfers, while wire transfers are also available. Debit cards and PayPal are options, though PayPal incurs a 3.49% fee for instant purchases.
- Accessibility & Order Execution: Coinbase allows entry with a low minimum purchase of just 1 HBAR, making it ideal for newcomers to the cryptocurrency world. The platform supports various order types, such as market, limit, and stop-limit orders, offering flexibility for traders with different strategies.
- Security & Regulatory Compliance: Coinbase prioritizes security with mandatory two-factor authentication (2FA) for account protection. Additionally, it stores 98% of user assets in cold storage, reducing exposure to online threats. Coinbase complies with major regulatory bodies, including the SEC, FCA, and BaFin, ensuring trust and confidence in its operations.
- Platform Variety & Usability: Coinbase offers access to over 240 cryptocurrencies, allowing you to diversify your portfolio beyond Hedera (HBAR). Its interface is simple yet powerful, catering to both novice and experienced traders. You can use both the mobile app and browser to trade from anywhere in the world.
- Support & Tax Tools: Coinbase offers 24/7 customer support via email and live chat, helping to resolve issues quickly. It also integrates tax tools for easy reporting, simplifying a complex aspect of crypto investing.
- Mobile Experience: Coinbase’s mobile app mirrors the functionality of its desktop platform, allowing users to buy, sell, and manage their HBAR holdings conveniently on the go.
Follow these straightforward steps to buy HBAR:
- Sign Up or Log In: Create an account on Coinbase or sign into your existing account.
- Deposit Funds: Link a payment method, such as a bank transfer, debit card, or PayPal, and add funds to your Coinbase account.
- Search for HBAR: Use the search function to find Hedera (HBAR).
- Enter Purchase Details: Specify the amount of HBAR you wish to purchase.
- Confirm Transaction: Verify the details and complete the purchase.
Feature | Details |
Fee Structure | 1.49% fee for buying XRP, plus 0.5% spread. |
Payment Methods | SEPA (free in Europe), bank/wire transfers, debit cards, PayPal (3.49% for instant buys). |
Minimum Purchase Amount | Minimum purchase is 1 XRP. |
Order Types | Supports market, limit, and stop-limit orders. |
Security Measures | 2FA system, 98% assets in cold storage. |
Regulation and Licensing | Regulated by SEC, CFTC, FinCEN, state regulators, FCA, BaFin, Central Bank of Ireland, and soon MiCA. |
Cryptocurrency Availability | Over 240 cryptocurrencies available. |
User-Friendliness | Beginner-friendly with global app/website access. |
Two-Factor Authentication (2FA) | Available for all users. |
Support Quality | 24/7 Global support via email and live chat. |
Tax Reporting Interface | Tools for easier tax compliance. |
App/Browser Usage | Works on mobile and desktop globally. |
Buy Hedera (HBAR) in 5 Minutes on Binance
Binance is one of the leading cryptocurrency exchanges, offering a vast range of digital assets, including Bitcoin, Ethereum, and Hedera (HBAR). Known for its low fees and advanced features, Binance serves both beginners and professional traders. It also ensures secure transactions with top-tier protocols and has a user-friendly interface available on both mobile app and browser. Here’s why you should also consider Binance for purchasing HBAR:- Fee Structure: Binance applies a standard trading fee of 0.10% for both maker and taker orders. If using credit cards, additional fees of up to 3.5% may apply.
- Payment Methods: Binance supports multiple payment options, such as SEPA transfers, credit cards, PayPal (in select regions), and services like Simplex. Card payments incur a 3.5% fee.
- Minimum Purchase Amount: The minimum purchase for Hedera is $10 USD or the equivalent in local currency.
- Order Types: Binance offers a variety of order types, including Market, Limit, Stop-Limit, OCO (One-Cancels-the-Other), and advanced features like trailing stop orders.
- Security Measures: Binance utilizes top-grade security protocols, including two-factor authentication (2FA), and stores a significant portion of funds in cold storage for added protection.
- Regulation and Licensing: Binance operates globally with several licenses, including in Europe, and adheres to Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
- Cryptocurrency Availability: Binance supports over 600 cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: Binance is easy to use for both beginners and advanced traders, offering a straightforward interface along with advanced trading tools. The mobile app and web interface are both highly accessible.
- Two-Factor Authentication (2FA): 2FA is recommended for extra account protection.
- Support Quality: Binance offers 24/7 support via live chat, email, and a detailed help center.
Step 1: Create and Verify Your Binance Account
- Visit Binance: Go to www.binance.com.
- Sign Up: Click on “Register” and input your email address, create a password, and complete the security verification.
- Verify Your Identity: Complete KYC (Know Your Customer) by submitting a valid government-issued ID and a selfie for facial verification.
Step 2: Deposit Funds into Your Binance Account
- Log in to Your Account: After registering and verifying your account, sign in to Binance.
- Deposit Fiat or Cryptocurrency:
- For Fiat: Choose “Deposit” and select your payment method (bank transfer, credit card, PayPal), followed by the deposit amount.
- For Crypto: If you already hold cryptocurrency, go to “Deposit” and select the coin you wish to transfer to Binance.
Step 3: Navigate to the HBAR Market
- Go to Markets: On the homepage, click “Markets” to access the list of available cryptocurrencies.
- Search for Hedera (HBAR): Type “HBAR” in the search bar. You’ll find multiple trading pairs (e.g., HBAR/USDT, HBAR/BTC). Select the trading pair that matches your deposited funds.
Step 4: Place a Buy Order
- Choose the Order Type:
- Market Order: If you want to buy Hedera immediately at the best available price, select “Market Order.”
- Limit Order: If you want to buy at a specific price, select “Limit Order” and input your desired price.
- Enter the Amount: Specify the amount of HBAR you want to purchase, or the amount of your currency you wish to spend.
- Confirm the Purchase: Double-check the order details and click “Buy HBAR” to confirm.
Step 5: Secure Your Hedera (HBAR)
- Check Your Balance: After completing the purchase, go to “Wallet” to confirm your HBAR balance.
- Transfer to a Secure Wallet (Optional): For additional security, consider transferring your HBAR to a personal wallet, like a hardware wallet, instead of keeping it on the exchange.
Buy Hedera (HBAR) on Bitget
Bitget is a rapidly growing cryptocurrency exchange known for its user-friendly interface and advanced trading features, including spot and futures trading. With a strong emphasis on security and competitive fees, Bitget provides a reliable platform for both beginner and experienced traders.
Here’s why Bitget is a great choice to buy Hedera (HBAR):
The following video explains how to buy Hedera (HBAR) on Bitget in 10 minutes:
Here is a simple step-by-step guide for buying Hedera on Bitget:
- Fee Structure: Bitget charges a flat 0.06% fee for both maker and taker trades, with possible discounts when using Bitget’s native token, BGB.
- Payment Methods: Bitget accepts payments via bank transfers, credit/debit cards, and popular stablecoins. Bank transfers are free, while credit card payments incur a 3% fee.
- Minimum Purchase Amount: The minimum purchase for Hedera is typically around $10 USD.
- Order Types: Bitget supports Market, Limit, and Stop-Limit orders. Additionally, users can engage in copy trading to follow expert traders.
- Security Measures: Bitget employs multi-signature wallets and two-factor authentication (2FA) to ensure user security. Funds are also stored in cold storage for enhanced protection.
- Regulation and Licensing: Bitget complies with regulations in some regions, but is not heavily regulated worldwide.
- Cryptocurrency Availability: Bitget offers more than 150 cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: The platform is easy to navigate, making it accessible for both beginners and experienced traders alike.
- Two-Factor Authentication (2FA): Highly recommended for added security.
- Support Quality: Bitget offers customer support through live chat, email, and a detailed help center.
- Create an Account: Visit the Bitget website, sign up for an account, and complete the registration process.
- Deposit Funds: Once logged in, deposit funds into your account through a bank transfer, credit card, or crypto transfer.
- Find Hedera (HBAR): In the trading section, search for Hedera (HBAR) or select it from the main trading page.
- Place Your Order: Select your preferred order type, either market or limit, then confirm the amount and complete the transaction.
- Secure Your HBAR: Once your order is processed, ensure your Hedera (HBAR) is securely stored in your Bitget wallet or transfer it to a personal wallet.
Buy Hedera (HBAR) on Bybit
Bybit is a popular cryptocurrency exchange known for its advanced trading features, including both spot and derivative trading. Bybit is built for traders who need high liquidity and rapid execution speeds. It also offers a reliable platform with a secure interface, catering to both newcomers and experienced traders looking to buy Hedera (HBAR).- Fee Structure: Bybit charges 0.10% for both maker and taker orders, with discounts available for users who hold Bybit’s native token (BYD).
- Payment Methods: Bybit supports bank transfers, credit card payments, and third-party services like Simplex. Credit card payments come with a 3.99% fee.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is $10 USD.
- Order Types: Bybit offers Market, Limit, Stop-Limit orders, as well as advanced options like Trailing Stop and Conditional Orders.
- Security Measures: Bybit utilizes two-factor authentication (2FA), encryption, and cold storage to protect user funds.
- Regulation and Licensing: Bybit is licensed in select jurisdictions, although it is not heavily regulated in all regions.
- Cryptocurrency Availability: Bybit supports a variety of digital assets, including Hedera (HBAR), Bitcoin, Ethereum, and others.
- User-Friendliness: Bybit offers an intuitive interface that is suitable for both beginner and advanced traders.
- Two-Factor Authentication (2FA): Strongly recommended for securing your account and preventing unauthorized access.
- Support Quality: Bybit provides 24/7 customer support via live chat, email, and a comprehensive knowledge base.
Step 1: Create and Verify Your Bybit Account
- Visit Bybit: Go to www.bybit.com.
- Sign Up: Click on “Sign Up,” enter your email address, create a password, and complete the security verification process.
- Verify Your Identity: For KYC (Know Your Customer) compliance, upload a government-issued ID and complete facial verification.
Step 2: Deposit Funds into Your Bybit Account
- Log In: After your account has been verified, log in to Bybit.
- Deposit Fiat or Cryptocurrency:
- For Fiat: Click on “Deposit” and choose your preferred payment method (e.g., bank transfer, credit card) and enter the deposit amount.
- For Crypto: If you already hold cryptocurrency, select the type of crypto you want to deposit (e.g., USDT, BTC) and transfer it to Bybit.
Step 3: Navigate to the HBAR Market
- Go to the Trading Section: On the homepage, click on “Trade” to access the trading platform.
- Search for Hedera (HBAR): Use the search bar to find Hedera (HBAR) and select the trading pair that matches your funds (e.g., HBAR/USDT).
Step 4: Place a Buy Order
- Choose the Order Type:
- Market Order: Select “Market Order” if you want to buy Hedera (HBAR) at the best available price.
- Limit Order: Select “Limit Order” if you want to buy Hedera (HBAR) at a specific price point.
- Enter the Amount: Specify the amount of HBAR you want to buy or the amount of your chosen currency you wish to spend.
- Confirm the Purchase: Double-check the order details and click “Buy HBAR” to confirm your transaction.
Step 5: Secure Your Hedera (HBAR)
- Check Your Balance: After the purchase, go to “Assets” to verify your Hedera (HBAR) balance.
- Transfer to a Secure Wallet (Optional): For enhanced security, consider transferring your HBAR to a private wallet, such as a hardware wallet, instead of leaving it on the exchange.
Buy Hedera (HBAR) on Bitpanda
Bitpanda is an increasingly popular cryptocurrency exchange offering an easy-to-use platform for buying, selling, and trading a variety of cryptocurrencies, including Hedera (HBAR). Known for its security, intuitive interface, and extensive payment options, Bitpanda is an excellent choice for both beginners and experienced traders.- Fee Structure: Bitpanda charges between 1.49% and 1.99% for buying cryptocurrencies, depending on the payment method used.
- Payment Methods: Bitpanda supports SEPA transfers, credit cards, PayPal, and many other payment options.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is typically $1 USD.
- Order Types: Bitpanda only supports market orders, with no options for limit or advanced orders.
- Security Measures: Bitpanda uses two-factor authentication (2FA) and stores the majority of funds in cold storage for added protection.
- Regulation and Licensing: Bitpanda is fully regulated in Austria and complies with European Union laws, providing a secure platform for users.
- Cryptocurrency Availability: Bitpanda supports a variety of cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: Bitpanda’s simple interface makes it ideal for beginners.
- Two-Factor Authentication (2FA): 2FA is recommended for account security.
- Support Quality: Bitpanda offers 24/7 customer support via live chat and email.
- Sign Up and Verify Your Account: Go to Bitpanda’s website, click “Sign Up,” and follow the registration process. Verify your identity using a government-issued ID.
- Deposit Funds: Add funds via SEPA, credit card, or PayPal. Select the payment method and deposit your preferred amount.
- Search for Hedera (HBAR): Use the search bar to find Hedera (HBAR) and select the correct trading pair.
- Place Your Order: Enter the amount of Hedera (HBAR) you want to buy and confirm the purchase.
- Transfer to a Secure Wallet (Optional): For added security, transfer your HBAR to a personal wallet after the purchase.
Buy Hedera (HBAR) on OKX
OKX is a leading cryptocurrency exchange that offers a wide range of trading options, including spot, futures, and margin trading. Known for its advanced features, low fees, and strong security protocols, OKX offers an intuitive platform for purchasing Hedera (HBAR) and other digital assets.- Fee Structure: OKX charges a base fee of 0.10% for both maker and taker trades. Discounts are available based on your trading volume.
- Payment Methods: OKX accepts SEPA transfers, credit cards, and other third-party payment systems.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is typically $10 USD.
- Order Types: OKX supports Market, Limit, Stop-Limit, and OCO (One Cancels the Other) orders.
- Security Measures: OKX employs 2FA and cold storage to protect user funds.
- Regulation and Licensing: OKX is based in Malta and operates under European regulations, though it’s not as heavily regulated in some countries.
- Cryptocurrency Availability: OKX supports more than 200 cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: OKX offers an intuitive interface that caters to both novice and professional traders.
- Two-Factor Authentication (2FA): 2FA is highly recommended for added account protection.
- Support Quality: OKX offers customer support 24/7 via live chat and email.
- Sign Up and Verify Your OKX Account: Go to www.okx.com and sign up. Complete the verification process with a valid ID.
- Deposit Funds: Choose your deposit method (e.g., credit card or bank transfer), enter the deposit amount, and complete the process.
- Navigate to the HBAR Market: Use the search bar to locate Hedera (HBAR) and select your preferred trading pair.
- Place a Buy Order: Select your order type (market or limit), specify the amount of HBAR you want to buy, and confirm your purchase.
- Transfer to a Secure Wallet (Optional): Consider transferring your HBAR to a personal wallet for enhanced security.
Buy Hedera (HBAR) on KuCoin
KuCoin is a widely used cryptocurrency exchange known for its extensive selection of cryptocurrencies, competitive fees, and robust security features. It offers a seamless platform for both beginners and advanced traders to purchase and trade Hedera (HBAR) alongside hundreds of other digital assets.- Fee Structure: KuCoin charges a flat 0.10% trading fee for both maker and taker orders, with discounts available for users holding KuCoin’s native token (KCS).
- Payment Methods: KuCoin supports various payment options, including bank transfers, credit/debit cards, and third-party payment providers.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is typically $10 USD.
- Order Types: KuCoin offers Market, Limit, Stop-Limit, and OCO (One-Cancels-the-Other) orders to accommodate different trading strategies.
- Security Measures: KuCoin uses two-factor authentication (2FA), cold storage, and encryption to safeguard user funds.
- Regulation and Licensing: KuCoin operates in a lightly regulated environment but follows regional compliance guidelines and adheres to anti-money laundering (AML) protocols.
- Cryptocurrency Availability: KuCoin supports more than 400 cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: The platform is designed to be intuitive, with a straightforward interface for both new users and experienced traders.
- Two-Factor Authentication (2FA): 2FA is highly recommended to enhance the security of your account.
- Support Quality: KuCoin provides 24/7 customer support and an extensive FAQ section to address user inquiries.
- Sign Up and Verify Your KuCoin Account: Visit the KuCoin website, click “Sign Up,” and enter your details. Complete identity verification if required.
- Deposit Funds: After signing up, log in and deposit funds into your KuCoin account. You can use bank transfer, credit card, or cryptocurrency deposit methods.
- Search for Hedera (HBAR): In the search bar, type “HBAR” and select the relevant trading pair, such as HBAR/USDT or HBAR/BTC.
- Place Your Order: Choose your order type (Market or Limit), enter the amount of Hedera (HBAR) you wish to buy, and confirm the purchase.
- Secure Your HBAR: After purchasing, consider transferring your Hedera (HBAR) to a personal wallet for added security.
Buy Hedera (HBAR) on Crypto.com
Crypto.com is a popular cryptocurrency platform offering an extensive array of services, from buying and selling cryptocurrencies to staking and NFTs. With a user-friendly interface and competitive fees, Crypto.com is a reliable platform for purchasing Hedera (HBAR) and other digital assets.- Fee Structure: Crypto.com charges a 2.99% fee for credit card purchases, with trading fees as low as 0.10% depending on the user’s membership level.
- Payment Methods: Crypto.com supports credit/debit card payments, bank transfers, and crypto deposits.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is $10 USD.
- Order Types: Market, Limit, and Stop orders are available for trading Hedera (HBAR).
- Security Measures: Crypto.com employs two-factor authentication (2FA), SSL encryption, and cold storage to protect user assets.
- Regulation and Licensing: Crypto.com is regulated in several jurisdictions and complies with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
- Cryptocurrency Availability: Crypto.com supports a wide variety of cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: The platform is designed for both beginners and experienced users with a simple and clean interface.
- Two-Factor Authentication (2FA): 2FA is available and highly recommended to enhance account security.
- Support Quality: Crypto.com offers 24/7 customer support through chat, email, and an extensive knowledge base.
- Tax Reporting Tools: Crypto.com integrates with tax reporting software, simplifying the process of calculating and reporting your gains.
- Sign Up and Verify Your Crypto.com Account: Go to www.crypto.com, sign up for an account, and complete the verification process by submitting your ID and passing facial recognition.
- Deposit Funds: Once verified, deposit funds into your account using your preferred payment method, such as credit card or bank transfer.
- Search for Hedera (HBAR): Navigate to the “Trade” section and search for Hedera (HBAR) in the search bar. Select the trading pair that matches your deposit (e.g., HBAR/USDT).
- Place Your Order: Choose your order type (Market or Limit), specify how much HBAR you wish to buy, and confirm your purchase.
- Secure Your HBAR: After the purchase is complete, you can transfer your HBAR to a secure wallet for additional protection.
Buy Hedera (HBAR) on Kraken
Kraken is a well-established and highly reputable cryptocurrency exchange offering a secure and user-friendly platform for buying and trading Hedera (HBAR). Known for its low fees, strong security features, and extensive payment methods, Kraken is an excellent choice for those looking to buy HBAR.- Fee Structure: Kraken charges a maker fee of 0.16% and a taker fee of 0.26% under its basic plan. Volume-based discounts are available for high-volume traders.
- Payment Methods: Kraken supports SEPA transfers, ACH, credit card payments, and more.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) is $10 USD or equivalent.
- Order Types: Kraken offers Market, Limit, Stop-Limit, and advanced order types like OCO (One Cancels the Other).
- Security Measures: Kraken uses two-factor authentication (2FA), SSL encryption, and cold storage for maximum asset protection.
- Regulation and Licensing: Kraken is fully regulated in the United States and complies with stringent financial regulations.
- Cryptocurrency Availability: Kraken supports over 70 cryptocurrencies, including Hedera (HBAR).
- User-Friendliness: Kraken is slightly more complex but offers a straightforward interface for basic trades.
- Two-Factor Authentication (2FA): 2FA is highly encouraged for securing your Kraken account.
- Support Quality: Kraken offers responsive customer support via live chat, email, and a comprehensive knowledge base.
- Sign Up and Verify Your Kraken Account: Go to www.kraken.com and create an account. Complete the verification process by submitting your ID and completing the facial recognition verification.
- Deposit Funds: Choose your preferred deposit method, such as a bank transfer or credit card, and complete the deposit.
- Search for Hedera (HBAR): Type “HBAR” in the search bar to find the appropriate trading pair (e.g., HBAR/USD).
- Place Your Order: Choose the order type (Market or Limit), input how much HBAR you wish to buy, and confirm the purchase.
- Secure Your HBAR: After the purchase, consider transferring your Hedera (HBAR) to a secure wallet for added protection.
Buy Hedera (HBAR) on Bitfinex
Bitfinex is a popular cryptocurrency exchange known for its advanced trading features, high liquidity, and a wide selection of digital assets. It provides a secure platform for experienced traders and beginners alike, making it an excellent choice for buying Hedera (HBAR).- Fee Structure: Bitfinex applies a flat trading fee of 0.10% for both maker and taker orders. The fees may be reduced further depending on your 30-day trading volume, with additional discounts for users holding Bitfinex’s native token (UNUS SED LEO).
- Payment Methods: Bitfinex supports a variety of payment methods, including wire transfers, cryptocurrencies, and third-party services such as Simplex for credit card payments. Credit card payments typically incur a fee of up to 3.5%.
- Minimum Purchase Amount: The minimum purchase for Hedera (HBAR) on Bitfinex is generally $10 USD or the equivalent in other currencies.
- Order Types: Bitfinex offers a variety of order types, including Market, Limit, Stop-Limit, and more advanced options such as trailing stops and conditional orders.
- Security Measures: Bitfinex uses top-tier security protocols, including two-factor authentication (2FA), multi-signature wallets, and advanced encryption to ensure that your funds remain secure.
- Regulation and Licensing: While Bitfinex operates in an unregulated environment in certain regions, it complies with international standards for Anti-Money Laundering (AML) and Know Your Customer (KYC) policies.
- Cryptocurrency Availability: Bitfinex supports over 150 cryptocurrencies, including Hedera (HBAR), Bitcoin, Ethereum, and many more altcoins.
- User-Friendliness: Bitfinex is designed for more experienced traders but offers a user-friendly interface for beginners as well. The platform provides advanced charting tools and a clean interface for managing trades.
- Two-Factor Authentication (2FA): 2FA is strongly recommended to secure your account and prevent unauthorized access.
- Support Quality: Bitfinex provides 24/7 customer support via live chat, email, and an extensive help center, ensuring that you can quickly resolve any issues that may arise.
Step 1: Create and Verify Your Bitfinex Account
- Visit Bitfinex: Go to www.bitfinex.com.
- Sign Up: Click on “Sign Up” and enter your email address, create a secure password, and complete the required security verification process.
- Verify Your Identity: For KYC (Know Your Customer) compliance, you’ll need to submit a government-issued ID and a selfie to verify your identity.
Step 2: Deposit Funds into Your Bitfinex Account
- Log In: After registering and verifying your account, log in to Bitfinex.
- Deposit Fiat or Cryptocurrency:
- For Fiat: Choose “Deposit” and select your preferred payment method (e.g., wire transfer, credit card, or Simplex). Then, enter the deposit amount.
- For Crypto: If you already own cryptocurrency, you can select “Deposit” and choose the coin you wish to deposit, such as USDT or BTC, and transfer it to your Bitfinex wallet.
Step 3: Navigate to the HBAR Market
- Go to Markets: On the homepage, click on “Markets” to explore the list of available trading pairs.
- Search for Hedera (HBAR): Type “HBAR” into the search bar and select the corresponding trading pair, such as HBAR/USD or HBAR/USDT.
Step 4: Place a Buy Order
- Choose the Order Type:
- Market Order: Choose “Market Order” if you want to buy Hedera (HBAR) at the best available price right now.
- Limit Order: Select “Limit Order” if you want to set a specific price at which you would like to purchase HBAR.
- Enter the Amount: Specify how much HBAR you want to purchase, or how much of your chosen currency (e.g., USD, USDT) you want to spend on the order.
- Confirm the Purchase: Double-check the order details and click “Buy HBAR” to complete the transaction.
Step 5: Secure Your Hedera (HBAR)
- Check Your Balance: Once the purchase is completed, go to “Wallet” to check that your Hedera (HBAR) is now in your Bitfinex account.
- Transfer to a Secure Wallet (Optional): For extra security, consider transferring your Hedera (HBAR) to a personal wallet, such as a hardware wallet, instead of leaving it on the exchange.