Buy Powerledger in Australia easily using a peer-to-peer (wallet-to-wallet) trading platform like Elbaite cryptocurrency exchange.
To buy Powerledger (POWR) in Australia, simply:
1 - Get an Ethereum wallet
Since Powerledger is an ERC20 token, you need an Ethereum wallet to purchase it. This is where you will store your purchased Powerledger. You can get a free online wallet or purchase a hardware wallet. Elbaite is a non-custodial exchange. We do not hold your Powerledger in a centralised wallet, meaning you are free to use any crypto wallet of your choosing.
2 - Find an offer from a trusted seller on Elbaite cryptocurrency exchange:
Elbaite connects trusted sellers to trusted buyers. Find an offer on Elbaite at a price and amount you would like to buy.
3 - Pay for your Powerledger purchase
Pay the agreed amount using your bank account. On Elbaite you can pay using OSKO/PayID or mobile banking to the Elbaite escrow bank account where it is kept safe until you receive your POWR in your wallet. The seller will never know your banking details, keeping your data private.
Power Ledger is a blockchain enabled software platform for trading renewable energy and environmental commodities. POWR is the utility token that users would escrow in order to use the platform, whilst Sparkz represent electricity credits tied to local fiat for marketplace participants. Both are used to create part of an economy in which households that generate electricity can trade with their neighbours for a fair return.
Why buy Powerledger (POWR) with Elbaite cryptocurrency exchange? Elbaite is the first non-custodial wallet-to-wallet Australian cryptocurrency exchange.
Unlike other Australian crypto exchanges that hold your cryptocurrency in their own centralised wallets, Elbaite's wallet-to-wallet trading means that your Powerledger is not held by us at any point. This is a safer and more simple trading process, giving you greater control and freedom over your cryptocurrency!
How do I store my Powerledger (POWR)? There are many Ethereum-based wallet options you can explore when it comes to safely storing your POWR, including using hot and cold crypto wallets. Conducting your own research is crucial to keeping your Powerledger safe.
What are Hot Wallets?
Hot wallets are crypto wallets that are connected to the internet. They offer better accessibility which simplifies more frequent trading. However, they offer less security against hacks and fraud incidents.
What are Cold Wallets?
Cold wallets are crypto wallets that are not connected to the internet. The two main types of cold wallets are paper wallets and hardware wallets such as Trezor and Ledger wallets. Cold wallets are a popular option for those who value security, or for traders holding Powerledger as a long term investment.
More Powerledger information