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Buy HBAR (HBAR) in India at ₹10.725

Live HBAR/INR Price

₹10.725

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10.49%

Price Changes

₹1.12

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10.49%

24h Low

₹9.707

24h High

₹10.874

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Reasons to buy Hedera Hashgraph (HBAR)

Hedera is a decentralized, proof-of-stake public network. HBAR is the native crypto of the network. There are several reasons why you should consider investing in the coin:

• HBAR is energy-efficient, which means that it can process a large number of transactions while using a relatively small amount of energy. Due to this feature, Hedera is scalable in the long term.

• HBAR can be used to pay network fees on the blockchain.

• It can be staked to earn passive revenues while helping network validators make the chain more secure.

• The Hedera network achieves the highest grade of security possible for a consensus algorithm—asynchronous Byzantine Fault Tolerance (aBFT).

What is Hedera Hashgraph (HBAR)?

HBAR is the native crypto of the Hedera network. HBARs can be used to pay transaction fees on the Hedera network and to help protect the blockchain through the Proof of Stake consensus mechanism. Developers can use HBARS to pay network fees, mint NFTs, or log unique data on the chain. Validators are compensated in HBARs for every transaction submitted on the network.

Things to consider before buying Hedera Hashgraph coin

One should know the currency denominations of the HBAR coin before investing.

gigabar 1 Gℏ = 1,000,000,000 ℏ

megabar 1 Mℏ = 1,000,000 ℏ

kilobar 1 kℏ = 1,000 ℏ

hbar 1 ℏ = 1 ℏ

millibar 1,000 mℏ = 1 ℏ

microbar 1,000,000 μℏ = 1 ℏ

tinybar 100,000,000 tℏ = 1 ℏ

  • At the time of writing, HBAR is trading at 77% below its all-time high. The coin recorded its ATH of $0.2 on 29 March 2022.

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Price Statistics

HBAR Price Today

HBAR Price

₹10.725

Price Change 24h

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10.49%

Price Change 7d

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0.73%

Market Rank

#24

Market Cap

₹44,665 Cr.

Trade Vol 24h

₹1,068 Cr

Circulating Supply

₹4,278 Cr. HBAR

Trading Activity

88% Buy12% Sell

FAQ's

1. How can you buy Hedera Hashgraph coins? (Follow the steps mentioned)

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Here’s how you can buy Hedera Hashgraph coin on the CoinSwitch App:

• Log on to the CoinSwitch App using your biometric authentication or personalized PIN code.

• Locate the search button on the top right-hand corner of the home screen and type in “HBAR.”

• Click on the coin.

• Navigate to the ‘Buy” button on the lower left corner of the screen.

• Select the type of order—Instant, Limit, or Systematic Investment Plan.

• Enter the INR amount you want to invest in the crypto.

• Preview your buy and click Buy.

If you have enough funds in your CoinSwitch App, the transaction will go through, and you will get a confirmation. Based on your order type, your investment will be recorded on the Portfolio section of the app on the bottom ribbon.

2. What makes Hedera Hashgraph unique?

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• The network records upwards of 1.1 million transactions every day.

• There are more than 1.2 million registered accounts on the Hedera mainnet.

• The network is capable of processing up to 10,000 HBAR transactions per second.

3. What gives Hedera Hashgraph value?

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Hedera Hashgraph has several functionalities:

• Payments: Users can make secure, real-time payments using HBARs directly or using their own stablecoins or crypto on the Hedera network.

• Healthcare: Hedera has partnered with leading healthcare platform Safe Health Systems, Inc. to convert digital patient information and identifiers into blockchain data, while maintaining patient privacy.

• Gaming: Hedera has also made much headway in the online gaming industry. The network transfers digital assets to the blockchain, bringing speed, trust, and fairness into in-game events.

• Earn staking revenue: Hedera is a PoS network, which means that HBARs can be used to generate passive revenue by staking.

4. How many Hedera Hashgraph (HBAR) coins are in circulation?

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Hedera has a fixed supply of 50 billion coins. Its current circulating supply is logged at 22,968,168,351 HBAR coins.

5. How is the Hedera Hashgraph network secured?

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The Hedera network works on a Proof of Stake consensus. Users can stake their HBAR coins on the network to make it more secure by adding weight to the consensus for validating transactions. Hackers would find it difficult to alter consensus due to weighted voting. The network is considered very secure since it would take a single actor to hold and stake more than one-third of the total HBAR supply to influence consensus.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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