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How to buy Power Ledger (POWR) in Australia

A complete guide to buying, selling, and trading Power Ledger




Power Ledger is a ERC-20 token with a total supply of 1,000,000,000 POWR, you can find more information about the Power Ledger project at the official website at https://www.powerledger.io/

If you want to buy POWR tokens, the native currency of the Power Ledger platform, this guide is designed for you.

This guide will take you step-by-step through everything you need to know to buy POWR with fiat or cryptocurrency as well as some links to some about other resources with details on the best POWR wallets, and how to get started mining Power Ledger.

Our complete step-by-step guide will take you through the following five steps. 5 steps to buying Power Ledger (POWR)
  1. Register an account with CoinSpot
  2. Verify your account
  3. Deposit funds
  4. Select Power Ledger
  5. Buy POWR
Register on CoinSpot
You can read our review on why we think CoinSpot is Australia's No. 1 exchange

Where to buy POWR in Australia

There are actually quite a number of crypto exchanges operating in Australia, these include:
  • CoinSpot
  • Independent Reserve
  • Local Bitcoins
  • CoinJar
  • MyCryptoWallet
However if you are looking to buy or sell, I definitely recommend CoinSpot which is one of the best Australian exchanges which has low fees and makes the process super simple.

A step by step guide to buying Power Ledger

There are two main ways to buy POWR token on CoinSpot
  • Buy POWR with fiat .e.g AUD
  • Buy POWR tokens with another cryptocurrency like Bitcoin

how to buy POWR with AUD

You can quickly and easily by POWR tokens with Australian dollars by following these steps:

Step 1: Register an account with CoinSpot

CoinSpot is one of the best Australian cryptocurrency exchanges where you can buy POWR with AUD. You can register an account with CoinSpot by clicking the link below.
All you need in order to sign up is a valid email address.

Register on CoinSpot

When prompted, enter our referral code GOGBPE to get yourself $10 worth of Bitcoin when you make your first deposit.

Step 2: Verify your CoinSpot account

In order to complete your registration and start trading you will need to verify your account. To complete verification you may need to provide CoinSpot with the following:
  • Your name
  • Email address and mobile phone number
  • Proof of residency
  • Proof of ID
  • A photo of yourself holding a signed statement
  • Answer a couple of questions over the phone
These steps help coinspot provide a safe and reliable platform. Once your account is verified be sure to enable two factor authentication to keep your account secure.

Step 3: Deposit funds

From the CoinSpot website click the "Deposit AUD" link then click "select another deposit method" to select your preferred deposit method. You can then follow the prompts to make a deposit from your bank account using POLi, BPAY, or PayID.

Alternatively you may deposit cash at a participating newsagent using blueshyft. Coinspot support the following methods to deposit AUD:
  • POLi
  • BPAY
  • PayID
  • Cash deposit

Step 4: Select Power Ledger

Once you have made an AUD deposit on coinspot you can then start buying coins. Click the "buy/sell" option at the top of the screen. Find Power Ledger in the list of cryptocurrencies then click on "Buy POWR".

Step 5: Buy POWR

Once you have selected your coin from the "buy/sell" menu all you have to do now is enter the amount you'd like to buy in either POWR or AUD. Be sure to review the full details of your order before you confirm the transaction.

Once you've bought your coins you can view them in your account by clicking "Wallets" from the menu at the top. For extra security you may want to transfer your POWR tokens to an external wallet, you can search our site for the best POWR wallets.

How to buy POWR with Cryptocurrency

To exchange another cryptocurrency for POWR you may be able to do this with CoinSpot using the coin swap feature.

Step 1: Transfer your coins

If you are storing your crypto in an external wallet, to use coin swap you'll first need to transfer the amount you like to swap to your CoinSpot wallet.

Step 2: Swap your cryptocurrency for POWR

Once your coins are in your CoinSpot wallet, click "wallets" from the top menu and then click on the coin you want to swap. Click the sell button for the coin you'd like to swap, then choose the amount and select POWR from the coin swap list. Review the transaction details before you confirm.

How to sell Power Ledger

If you want to sell ticker tokens you can do so very easily. First you'll need to transfer your coins to your CoinSpot wallet if you are using your own wallet to store your coins.

If your coins are stored on CoinSpot however you can sell your coins in a couple of clicks. Simply click on wallets from the top menu, select POWR, then click "sell POWR" you can then enter how much you want to sell and confirm the transaction.

What wallets can I use to store Power Ledger?

You can search our site to find wallets that you might be able to use for Power Ledger here: Power Ledger Wallets

What is Power Ledger

Power Ledger is a blockchain-based cryptocurrency and energy trading platform based in Australia. Power Ledger started off as an initial coin offering and became the largest crowdfunding project in Australia.

Power Ledger aims to be a decentralized energy trading platform allowing for buying and selling of renewable energy, the platform provides consumers and hosts who provide energy to interface with the ecosystem.

Power Ledger's energy trading platform is designed to allow home owners to trade excess power produced by their home energy systems, and provide a way for consumers to buy excess renewable energy from other home owners rather than buying from electricity companies.

The market uses two tokens, operating on two blockchain layers, POWR and Sparkz. POWR tokens allow consumers and hosts to interface with the ecosystem, POWR tokens can also be converted into Sparkz tokens.

Sparks tokens can be used for transactions in the energy exchange market and are essentially the electricity credits consumers will interact with. Power Ledger have made several great partnerships including:
  • Japan's Kansai Electric Power Company
  • New Zealand energy company Vector
  • Tasmanian renewable energy company Nest Energy
  • Urban India company Tech Mahindra
  • Melbourne Australia company Greenwood Solutions
  • National Lifestyle Villages
  • Origin Energy

Power Ledger frequently asked questions

Can I buy Power Ledger with my credit card?

Currently there aren't any ways to buy Power Ledger with a credit card, you can however use your bank account to buy POWR tokens using the other payment methods.

Can I buy Power Ledger tokens from my bank account?

Yes, using POLi Payments, BPay, or PayID, you can buy POWR tokens with your bank account.

Can I buy Power Ledger with cash?

Yes, you can buy POWR tokens with cash at CoinSpot by depositing your cash at a participating newsagent using blue shift.

Can I buy Power Ledger with PayID?

Yes you can, CoinSpot support deposits via PayID for instant cash deposits from your bank account with no fees.
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