What are Hedera and HBAR?
Hedera is a public distributed ledger that uses hashgraph consensus, not a blockchain. In simple terms, hashgraph uses a 'gossip-about-gossip' protocol and virtual voting to help network nodes agree on transaction order without proof-of-work mining.
HBAR is the native cryptocurrency of the public Hedera network. It's used to pay for network services such as transferring HBAR between accounts, minting and managing fungible and non-fungible tokens, executing smart contracts and logging data to the network.
How to buy Hedera in the US
- Create an account in the Crypto.com App or online and complete identity verification.
- Add funds to your account.
- Select 'Buy', search for Hedera and choose your payment method.
- Enter the amount and confirm your purchase after reviewing the screen.
What payment methods and amounts can you use to buy Hedera?
In the US, the US dollar (USD) is the primary currency accepted for buying Hedera. You can add funds by bank transfer, credit/debit card, Apple Pay or Google Pay.
You can also transfer crypto to your wallet and use USD or other crypto to make a purchase where available. US users can purchase fractional amounts of Hedera from US$1.
Depositing USD directly via Local Bank Transfer lets you avoid foreign exchange fees when buying Hedera at the real market price.
What fees should you review before buying HBAR?
Crypto.com may charge an admin fee when you buy, sell or transact in cryptocurrencies. Fees are assessed at the time of purchase and may be determined by market conditions, promotions, volatility and liquidity.
Check the trade preview screen before you submit; it shows the applicable admin fee. If you pay by card, your card issuer may charge fees for international transactions or certain merchant category codes. Check your card issuer's terms and conditions before you confirm.
