Last update: Jun 6, 2022

How to Buy PowerLedger (POWR)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy PowerLedger. Depending on your country, you’ll have a few cryptocurrency trading platforms to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Powerledger

How to Buy PowerLedger – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have PowerLedger of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger exchanges.

4. Buy PowerLedger

Now that you have what you need to buy PowerLedger, head over to the market or buy section of the cryptocurrency exchange and buy some POWR.

If the crypto exchange doesn’t have any PowerLedger on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has PowerLedger first), and trade your Ethereum for PowerLedger.

Where to Buy PowerLedger (POWR)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell PowerLedger

  1. Sign into the crypto exchange where you bought PowerLedger.
  2. Move your PowerLedger to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell PowerLedger.

 

Crypto trading

How to Buy PowerLedger (POWR) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy PowerLedger in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy PowerLedger if it’s available. If the exchange doesn’t have PowerLedger. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerLedger), and trade your ETH for PowerLedger.

If you’d like to know more about the exchanges we recommend, look at our comparison of the top 10 crypto exchanges in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy PowerLedger (POWR) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy PowerLedger in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy PowerLedger if it’s available. If the exchange doesn’t have PowerLedger. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerLedger), and trade your ETH for PowerLedger.

If you’d like to know more about which exchanges we prefer, read our comparison of the Canadian cryptocurrency exchanges.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy PowerLedger (POWR) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy PowerLedger in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy PowerLedger if it’s available. If the exchange doesn’t have PowerLedger. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has PowerLedger), and trade your ETH for PowerLedger.

It’s also possible to check out our comparison of the most secure crypto exchanges in the UK if you’re interested in learning more about the exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying PowerLedger? POWR Rundown

Powerledger (POWR), a technology company, develops software to support distributed and decentralised energy markets. This will ensure a sustainable future. It developed a blockchain-based platform to track and trade energy, flexibility services, and environmental commodities. Its mission is to create a platform that allows consumers to choose their energy and promotes the democraticization of power.

Powerledger is headquartered in Australia and has more than 30 clients in 11 countries. Representatives are available around the world. Powerledger uses two blockchain layers. It also uses two tokens: the Powerledger tokens (POWR), and the Sparkz tokens. The platform uses both the public Ethereum blockchain as well as EcoChain(tm) a private consortium Blockchain.

The ERC-20 token POWR acts as a license for utilities, renewable energy operators and microgrids. It also allows property developers and companies that are committed to 100% renewable electricity to have access to Powerledger's platform. The Ethereum Smart Bond exchange allows POWR to be traded.

Grid parity was achieved in 2015 by 30 countries. This means that solar-generated electricity costs were equal or lower than local retail electricity. Powerledger is a combination of renewable energy and blockchain technology that offers energy solutions that are more cost-effective and sustainable than traditional alternatives.

Powerledger offers uGrid and xGrid as well as TraceX, Vision. Power purchase agreements (PPA) Vision. Mode Flex, Local Energy Market (LEM) are also available. The platform is blockchain-based and can be contracted individually or scaled as required. The products can be divided into three key pillars. Trading in energy and traceability, flexibility trading, and trading in environmental commodities.

Energy trading and traceability. Trade and track features allow you to keep track of the flow and provenance of energy. It allows consumers to choose the energy they use and facilitates peer-to-peer (P2P), trading. Without subsidy, solar P2P energy trading is possible to deal with excess solar.

Flexibility trading. MODE or Marketplace for Optimisation Distributed Energy is a marketplace that enables Distributed Energy Resource owners and flexible loads, to offer grid services to monetise assets.

Trading in environmental commodities. This technology allows for more transparency, security, and efficiency in the trading of environmentally-related commodities, such as carbon credits and renewable energy certificates.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.