POWR is the token for Powerledger. It’s a tech company which develops software to support distributed and decentralised energy markets. It’s one of this year’s first big gainers, up 21% in the last 24 hours. If you want to know where to buy POWR now, you’ve come to the right place because we wrote this guide just for you.
Here are the top places to buy POWR right now
POWR is a relatively new asset and has yet to be listed on major stock exchanges. There are additional steps to purchase POWR on a DEX (decentralised exchange), however. These are the steps to buy POWR now:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We recommend eToro as it is a world-leading multi-asset trading platform, an exchange and wallet in one with the lowest fees. It is also user-friendly and offers more payment options than any other service.
2. Send your ETH directly to a compatible wallet such as Trust Wallet or MetaMask
Create your wallet, grab an address and send your coins.
3. Connect your wallet with the Uniswap DEX
Visit Uniswap to ‘connect’ you wallet.
4. You can now exchange your ETH for POWR
You can now exchange for 100s of coins, including POWR, once you have connected.
What is POWR?
Powerledger developed a blockchain-based platform to track and trade energy, flexibility services, and other environmental commodities. Its mission is to build a market-driven, fully modernized grid that gives consumers choice over their energy while democratizing power.
Powerledger serves over 30 clients in 11 countries and has representatives all around the world. Powerledger works on two layers of blockchain and uses two tokens, POWR and Sparkz. The platform itself uses the public Ethereum blockchain and a private consortium blockchain known as EcoChain™.
The POWR token is an ERC-20 token that acts as a licence required for businesses like renewable energy operators, microgrids, companies committed to 100% renewable energy and property developers to access Powerledger’s platform. POWR can be traded on the Ethereum Smart Bond Exchange.
Do I want to purchase POWR right now?
We recommend doing in-depth market research and reading price predictions before you decide to invest in Powerledger’s token. It can reverse its gains quicker than you might imagine, however promising it may sound.
Prediction of POWR prices
Digital Coin Price predicts the future price of POWR at $2.81, which is three times its current value. They believe that the future highest price for POWR is $3.15. They think POWR will prove to be a lucrative investment. They estimate that 1 POWR will have a value of approximately $1 in a year.
POWR on social media
— Victor Dierickx (@VictorDierickx5) January 2, 2022