POWR is the token of Powerledger, a tech company that builds software for distributed and decentralised energy markets for a sustainable future. 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.
Top places to buy POWR now
As POWR is such a new asset, it’s yet to be listed on major exchanges. You can still purchase POWR using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy POWR right now, follow these steps:
1. Buy ETH on a regulated exchange or broker, like eToro ›
We suggest eToro because it’s one of the world’s leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It’s also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your ETH to a compatible wallet like Trust Wallet or MetaMask
You’ll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the Uniswap DEX
Head to Uniswap, and ‘connect’ your wallet to it.
4. You can now swap your ETH for POWR
Now that you’re connected, you’ll be able to swap for 100s of coins including POWR.
What is POWR?
Powerledger has developed a blockchain-based platform that enables the tracking and trading of energy, flexibility services and environmental commodities. Its goal is to provide the platform for a fully modernized, market-driven grid that offers consumers a choice in their energy while driving the democratization of power.
Powerledger has over 30 clients across 11 countries, with representatives around the globe. Powerledger operates on two blockchain layers 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 is traded through the Ethereum Smart Bond exchange.
Should I buy POWR today?
We recommend doing in-depth market research and reading price predictions before you decide to invest in Powerledger’s token. Promising as it may seem, it can reverse its gains faster than you may imagine.
POWR price prediction
Digital Coin Price predicts that the lowest possible price will be $2.81 moving forward, which is more than three times its current price. The highest price of POWR in future will be $3.15 in their opinion. They believe POWR will be a profitable investment. In one year, they estimate 1 POWR will be worth roughly $1.
POWR on social media
Just plugged in my new monitor #POWR pic.twitter.com/KPrJi6o60U
— Victor Dierickx (@VictorDierickx5) January 2, 2022
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