Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Power Ledger. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent amount of popular and regulated crypto exchanges, so it’s quite easy finding an exchange that has Power Ledger. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Power Ledger in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Power Ledger in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Power Ledger, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Power Ledger.
If you’d like to know more about the exchanges we like, check our list of the top exchanges to buy and sell cryptocurrency in Australia.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.
Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.
Once done, it’s time for the next step.
3. Funding your account with AUD
To buy Power Ledger, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.
4. Buy Power Ledger
The final step is to go to their asset list, find Power Ledger, navigate to the buy section, and then trade your AUD for some POWR. Once you’ve bought Power Ledger, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.
Where to Buy Power Ledger (POWR)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit Binance|
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How to Sell Power Ledger
If you’re thinking about selling Power Ledger, just follow the steps below.
- Sign in to the crypto trading platform (like Swyftx).
- Click on Power Ledger in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Power Ledger for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Power Ledger in Australia legal?
Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.
How to buy Power Ledger with PayPal?
Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Power Ledger. Have a look on their site first, you might be lucky.
How to buy Power Ledger with a credit card or debit card?
Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Power Ledger with your credit/debit card.
About Power Ledger
Powerledger (POWR) is a technology company that develops software for distributed and decentralised energy markets. This will help ensure a sustainable future. It created a blockchain-based platform that tracks and trades energy, flexibility, and other commodities. Its mission is create a platform that empowers consumers to choose their energy, and encourages democracy.
Powerledger has over 30 clients across 11 countries. It is headquartered in Australia. There are representatives available all over the globe. Two layers of blockchain are used by Powerledger. Two tokens are also used: the Powerledger tokens, or POWR, and the Sparkz tokens. Both the public Ethereum blockchain and EcoChain(tm), a private consortium Blockchain are used by the platform.
The ERC-20 token POWR is a license that grants utilities, renewable energy operators, and microgrids access to the ERC-20 token. Powerledger's platform is also available to property developers and companies committed to renewable electricity 100%. The Ethereum Smart Bond exchange permits POWR trading.
In 2015, 30 countries achieved grid parity. This means that solar-generated electricity prices were comparable or lower to local retail electricity. Powerledger is a hybrid of renewable energy technology and blockchain technology. It offers energy solutions that can be more sustainable and cost-effective than traditional options.
Powerledger offers uGrid, xGrid, as well as TraceX and Vision. Vision power purchase agreements (PPA). There are two options: Mode Flex and the Local Energy Market (LEM). The platform is blockchain-based, and can be contracted individually as well as scaled according to requirements. You can divide the products into three key pillars. Trade in energy and traceability; flexibility trading; and trading in environmentally-related commodities.
Energy trading and traceability. Tracking and trading energy can be done to track its movement and provenance. It allows consumers to select the energy they use, and facilitates peer-2-peer (P2P) trading. It is possible to trade excess solar energy without subsidy through solar P2P energy trading.
Trade with flexibility. MODE (Marketplace for Optimisation Distributed Energy) allows Distributed Energy Resource owners with flexible loads to offer grid services to monetise their assets.
Environmental commodities trading. This technology makes it possible to trade in environmentally-related commodities such as carbon credit and renewable energy certificates more efficiently, transparently and securely.