Hedera
About Hedera
Hedera is a public network that enables individuals and businesses to create powerful decentralized applications. It was designed to be a fairer, more efficient system that outperforms older blockchain-based platforms in speed and stability. HBAR, Hedera's native currency, is used as fuel for various network services and helps maintain the platform's integrity.
In the last hour, Hedera's price has seen a change of +0.16%, and over the past 24 hours, its price has moved by +5.42%. Over the previous week, Hedera's price has moved by +23.80%. The current price of Hedera is $0.09608, accompanied by a trading volume of 206.9M in the last day. Hedera's price is currently 83.15% below its all-time high of $0.5701, which remains the highest price Hedera has achieved since its launch. The circulating supply of Hedera stands at 43.83B, translating to a total market capitalization of 4.212B.
Market stats
Frequently asked questions
What is Hedera's consensus mechanism?
Hedera Hashgraph uses a consensus mechanism known as Hashgraph, which is a patented algorithm that enables fast, fair, and secure transactions. Unlike blockchain technology that relies on Proof of Work or Proof of Stake, Hashgraph uses a different approach that is more efficient and scalable.
What makes Hedera a sustainable choice for developers?
Developers choose to build on Hedera because of its low fees, fast transaction times, and secure network. By using Hashgraph technology, Hedera offers a reliable platform for decentralized applications, providing a seamless experience for both developers and users.
How does Hedera ensure network security?
Hedera leverages a council of renowned companies across various industries to govern its network. This council ensures that the platform remains decentralized and secure, protecting the integrity of transactions and the overall network from potential threats.
What are the key features that set Hedera apart from other cryptocurrencies?
Hedera stands out due to its high throughput, low fees, and energy efficiency. Its combination of speed and security makes it an attractive choice for developers looking to build decentralized applications that require fast and reliable transactions.
How to invest in Hedera?
Rain offers you a number of ways to start investing in Hedera, including buying Hedera through bank transfers or by using your bank card. To purchase Hedera on Rain, you can select Hedera in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Hedera with card?
Once you add your bank card to your Rain account, you can use it to buy Hedera directly. You can start by adding your card to your payment options on your Rain account. To purchase Hedera using your bank card, you can select Hedera, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Hedera through bank deposit?
Rain enables you to buy Hedera using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Hedera. To do that, you can select Hedera in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Hedera?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Hedera successfully:
On your Rain account, select Hedera then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Hedera into cash?
Rain gives you the opportunity to sell Hedera and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Hedera and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Hedera?
If you would like to receive Hedera in your Rain account, simply click on Receive and select Hedera from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Hedera to avoid possible loss of funds.
How to send Hedera?
You can easily send your Hedera from your Rain account to any external wallet by clicking on Send and selecting Hedera from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Hedera with Rain?
When you buy Hedera with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Hedera on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Hedera wallet?
A Hedera wallet is where you can securely store Hedera. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Hedera address?
A Hedera address is a string of unique characters that is tied to your Hedera wallet. The address functions just like a bank account number and it is what you use in order to send Hedera from your wallet, or to receive Hedera to your wallet.
What trading pairs available for Hedera?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Hedera with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Hedera with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Hedera?
You can trade Hedera with any amount above $30 or equivalent in your account's currency. You can start trading Hedera now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Hedera?
Besides Hedera, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Hedera built on?
Hedera is built on the HBAR blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Hedera safe?
To keep your Hedera safe, make sure to use trusted wallets that support HBAR. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Hedera be in next 5 years?
Price predictions for Hedera over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Hedera taxable?
Trading Hedera may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Hedera's ATH?
Hedera’s all-time high (ATH) was $ 0.5701 on 16 Sept 2021. This represents the highest recorded market price of the asset to date.
What is the market cap of Hedera?
With a market capitalization of 4.212B, Hedera is ranked 29 among other crypto assets.
What is the all-time high of Hedera?
The highest valuation of Hedera since its launch was at $0.5701, marking its all-time high.
What is the 24-hour trading volume of Hedera?
The trading activity of Hedera over the last 24 hours was at 206.9M, highlighting its liquidity in the market.
How many Hedera are there in circulation?
There are approximately 43.83B units of Hedera currently in circulation, affecting its market dynamics.
What is the relative popularity of Hedera?
Hedera market cap is around 4.212B.
When was Hedera created?
Hedera was introduced on 01 Aug 2017.
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