Buy Hedera (HBAR)
What is Hedera (HBAR)?
Hedera is a coin that uses a unique consensus algorithm. This is hashgraph and is unique in the crypto world as it does not use blockchain technology. Hedera works with a distributed ledger of transactions, also known as DLT (distributed ledger technology).
The hashgraph is a public ledger that uses timestamp transactions between nodes on the network. A timestamp is a cryptographic proof of when a transaction took place. The hashgraph thus has many similarities with blockchain technology. However, the hashgraph is often more scalable than other consensus algorithms because it uses only active nodes, rather than all nodes on the network. Transactions are prioritised based on Proof-of-Stake. This means that users of the network can use their HBAR to stake. This means they can help the network validate transactions by securing their HBAR. As a reward, they will then be paid a percentage HBAR based on the number of coins they have staked.
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Why buy Hedera with Anycoin?
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Extra information about Hedera (HBAR)
Who are the founders of Hedera?
The idea to develop Hedera came from Leemon Baird. He is a former computer science professor in the United States at the United States Air Force Academy. He conceived and developed the hashgraph. At the time of its development, Baird co-founded Swirlds, which holds the patents of the hashgraph. The technology is sold as a licence by Swirlds to customers building dApps.
During development, Baird brought together a management team with key investors, who together with Baird launched Hedera in 2018. The launch was announced live in New York City and in front of 50,000 livestream viewers. During the launch, the world could learn about the whitepaper, the coin HBAR and the governance. Today, Hedera is managed by 25 companies, including Google, IBM, LG and Deutsche Telekom.
What can you use Hedera for?
HBAR is a cryptocurrency that can be used for various purposes. Below, we list what HBAR tokens can be used for:
Making payments
Paying network fees through activities on the network, such as performing smart contract, or conducting peer-to-peer transactions
Staking HBAR coins
Having a say in the future of the network by voting
Paying to use dApps
How can I store Hedera?
The safest way to store Hedera is with a hardware wallet. However, if you are new to the world of crypto and want us to manage things for you, the Anycoin Vault is the easiest option for you. With Anycoin Direct, you don't have to worry: store Hedera securely in our Anycoin Vault.
Can I buy Hedera with iDEAL?
Yes, you can buy Hedera with iDEAL at Anycoin Direct. You can also pay with Paypal, SEPA, Sofort, VISA, Mastercard and EPS.
Do you need to buy a whole Hedera (HBAR)?
You don’t need to buy whole cryptocurrencies to trade them. You can buy small parts of any cryptocurrency. For example, on Anycoin Direct, the minimum purchase amount is €10.
Can I send Hedera to my own wallet?
Yes, while buying Hedera you can choose to send it to your own wallet. Alternatively, you can choose to be managed by us; we will then store your Hedera securely in the Anycoin Vault.
Is it safe to buy Hedera?
Yes, buying Hedera is safe with Anycoin Direct as we have advanced security techniques and are officially licensed by The Dutch Central Bank. Buy HBAR safely with us with a wide range of payment options.
Is Hedera legal in the UK?
Yes, Hedera is legal in England. You don't have to worry about the legality of buying Hedera.
Do I have to pay taxes on my cryptos?
Depending on the amount of cryptocurrencies you own and the country you live in, the rules for this are different. Always make sure to get information from your personal government authorities.
Can I buy Hedera anonymously at Anycoin Direct?
No, identification is mandatory for all our clients. We are required to conduct a thorough client due diligence. This is done using the Know Your Customer principle.
Can I do a business transaction with Anycoin Direct?
Yes, it is possible to make a business transaction through Anycoin Direct. While creating an account, you can choose a business account.
