Hedera is the energy-efficient, incredibly fast and low-fee native cryptocurrency of the Hedera public network. Information on Hedera’s official website suggests that the coin was created to power decentralized applications and in the process, protect the network from malicious actors.
The HBAR ecosystem is built on a 3rd-generation public ledger (following Bitcoin’s pioneering decentralized infrastructure and Ethereum’s 2nd-generation programmability). As a result, the Proof of Stake HBAR-powered hashgraph technology consumes a significantly lower amount of energy in comparison to older technologies.
Are you interested in buying, swapping, or trading the high-throughput, low-fees, and fast HBAR crypto coin? Follow the guide below for a smooth HBAR trading experience and assistance with Swapzone’s industry-leading trade aggregator.
Table of contents
1. Visit Swapzone’s HBAR Swap Page
Buying HBAR and adding it to your wallet is simple and cheap if you use the Swapzone aggregator service. First, head over to the exchange page and select the token you want to swap for HBAR. You can trade HBAR for Bitcoin (BTC), Ethereum (ETH), Monero (XMR), or any other coin of your choice – For example, we will use ETH in this guide.
2. Decide How Much HBAR You Want
You’ll see two boxes on the exchange page; in the send box, you need to enter the amount of ETH you’re willing to swap, and the estimated amount of HBAR you’ll receive will be displayed in the get-up-to box.
Remember that the get up to box only displays an estimate of your returns, so expect this number to fluctuate slightly up or down once the transaction is complete.
3. Select The Best Exchange
Once you’ve selected the coin and amount to swap, Swapzone’s automatic system will scan the web for the best exchanges and present them to you in a neat list divided into fastest, best rating, and the best rate. Then you can choose the exchange that suits your needs and press the blue exchange button.
4. Wallet Details
After pressing the exchange button, you will be required to specify the wallet address page, here you can enter your HBAR wallet address, a refund address in case the ETH transaction fails, and optionally your e-mail. Then, once you’ve double-checked that the details are correct, tick the terms and conditions box and press the blue proceed to exchange button.
5. Deposit ETH
It’s time to pay for the swap, which means transferring the amount of ETH you agreed to in step 2 into the deposit address displayed on your screen. Head over to your wallet and send the ETH to the address and make sure you copy the address accurately!
Entering the wrong crypto address when carrying out a transaction can result in the tokens being lost forever, so take your time to verify the transaction before proceeding.
6. Swap Completed
Once you’ve made the swap deposit, sit back and wait while the swap is completed; check your HBAR wallet address to ensure the tokens have arrived safely. Using the Swapzone aggregator, you’ve just bought HBAR at a competitive market rate, securely and without any know-your-customer (KYC) hassles.
Is HBAR A Good Investment?
(Disclaimer: None of the information in this article should be considered investment advice; always do your research before investing.)
HBAR and its underlying Hedera Hashgraph system are looking to solve several blockchain-related problems to foster its future performance and ensure a sustained mainstream adoption. Some properties that make HBAR an attractive investment are; 10,000 transactions completed per second, innovative safety consensus blockchain secured by asynchronous Byzantine Fault Tolerance (aBFT), and support from trusted organizations like Boeing, IBM, TATA, Nomura, and more.
In addition, the distributed technology of the Hedera Hashgraph makes it a revolutionary alternative in what is primarily a blockchain world. Secure technologies such as virtual voting and the gossip protocol for consensus, as well as aBFT, provide for a secure, fast, and fair network – confirming a good fundamental base for future profitability.
Currently trading at a little above 6cents, HBAR has lost a lot of value since trading comfortably at 50cents in the 3rd quarter of 2021. Like other cryptocurrencies in the market, HBAR is subject to extreme speculation, and experts are torn on whether the crypto coin could surpass $1 in the future or continue on its haunting downward trend.
PricePrediction is optimistic and predicts HBAR would surpass $1 by 2028 and could rise to $3 by 2030. DigitalCoinPrice is much less optimistic with HBAR price projections capped at 32cents by 2030 (18cents less than its ATH recorded 15th September 2021). CryptocurrencyPricePrediction, another popular prediction site expects 1 HBAR token to trade for at least $2.71 by December 2030.
In sum, HBAR’s price could potentially swing in any direction. Do you want to take a gamble on HBAR? You can buy, swap, or trade HBAR with Swapzone today, click here to continue.