Buy HBAR Cryptocurrency

Hedera is an open-source blockchain platform which boasts its own cryptocurrency, HBAR. The platform facilitates the creation of native tokens and supports Smart Contracts written in Solidity, similar to the prominent Ethereum network.  

Hedera employs a unique "hashgraph" consensus model, promising enhanced transaction throughput. Security for the network is provided through a proof-of-stake protocol.  

The HBAR tokens were initially introduced via a Simple Agreement for Future Tokens (SAFT) in December 2017, followed by subsequent rounds in early 2018 and August 2018, exclusively available to accredited investors. The genesis block of the chain was finally produced on September 13th, 2019.

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‍How to Invest in HBAR in Canada  

Investors can easily invest in HBAR by creating an account with Bitbuy, adding funds to their account directly through e-Transfer, bank wire or Apple Pay and buying HBAR directly through the Bitbuy platform. Experience problems or need questions answered along the way? Do not fear, Bitbuy is always here. Our customer support team will ensure your investment journey is smooth sailing throughout.

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How to buy HBAR in Canada

Buying HBAR in Canada as well as other digital currencies is simple and secure with Bitbuy. Here is how it works:  

1. Create Your Account: When you sign up to create an account on Bitbuy, you will be asked to confirm your email address, phone number, and verify your identity.  

2. Add Funds: Before you can buy HBAR in Canada, add funds to your account directly with Interac e-Transfer, bank wire or Apple Pay.   

3. Buy and Sell HBAR: Once you have sent money to your account, you can buy HBAR instantly.  Bitbuy also makes it easy to sell HBAR in Canada. Exchange your HBAR for CAD and withdraw the funds back into your bank account.  

If at any point you need help signing up, verifying your account, adding funds, or buying and selling HBAR, just contact customer support  for same-day assistance. ‍

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Where to buy HBAR in Canada

Bitbuy is one of the best and most secure places to buy HBAR in Canada. Here is why: ‍

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Safe and Secure   

Every transaction you make on Bitbuy is encrypted using SSL (Secure Socket Layer) technology with two-factor authentication solutions implemented throughout. Bitbuy operates with a 99% cold storage reserve for all digital currencies in custody and executes daily encrypted and distributed backups for disaster recovery. Here at Bitbuy,  it is crucial users know that their digital assets are safe with us.  

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The Lowest Fees   

Bitbuy offers some of the lowest buying and selling fees in Canada. You can check out our trading fees and processing times before you buy HBAR. ‍

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Award-winning Customer Support   

Buying cryptocurrency directly from individuals is slow and risky. Cryptocurrency exchange platforms like Bitbuy make the process faster and far more efficient.   

We pride ourselves in our exceptional  customer support which sets us apart from other digital asset marketplaces. Simply submit a request under Bitbuy Support to be paired with one of our experts. We believe that exceptional customer support is an essential part of simplifying cryptocurrency for everyone. ‍

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Easy Funding   

Interac e-Transfer is the most popular way to pay online in Canada. Canadians want to buy HBAR with Interac, but banks do not make it easy. Bitbuy exists to simplify the process when you want to buy HBAR in Canada with Interac. You can use your bank account directly to fund your Bitbuy account, which you then use to buy and sell cryptocurrencies in Canada.  

We now also offer Apple Pay to fund your Bitbuy account! Simply choose Apple Pay as the option to fund your Bitbuy account and buy HBAR with Apple Pay.

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HBAR Wallet

Looking for a place to store your HBAR?  Bitbuy is the perfect place to start. Bitbuy has a built-in wallet for each user that you can use to store your HBAR safe and securely.  

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Where to Trade HBAR

Website (instructions for the mobile app below)

1) Navigate to the 'Express Trade' section of your account  

When you log into your Bitbuy account you will be automatically directed to the ‘Accounts’ section of your account. Click 'Express Trade' located at the top of the page if you are already logged in. To facilitate the trade, click the 'Sell' button which will appear in red.    

2) Select HBAR as the Cryptocurrency you wish to sell

Click the drop-down and search HBAR to begin the sale.  

3) Complete your sale

Enter the amount of HBAR that you wish to sell. The dollar value of your sale will be displayed below under ‘Transaction summary'. When you are ready, click the 'Sell' button to complete the transaction.  

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Mobile App  

1) Navigate to the 'Accounts' section of your account  

Sign into your Bitbuy account and you will be automatically directed to the 'Accounts' section. If you are already logged in, click on 'Accounts' in the bottom right corner of the navigation bar.    

2) Locate the cryptocurrency you want to sell    

Locate HBAR and click on the 'Sell' button.  

3) Complete your sale

Enter the amount of HBAR you wish to sell. The value of your sale will be displayed at the bottom of the page. When you are ready to continue, click the 'Place Sell Order' button to complete your transaction!