Coinsquare is the most trusted cryptocurrency trading platform in Canada. We facilitate your participation in the cryptocurrency space with over 50 of the top crypto coins on the market, including the popular Hedera (HBAR) coin.
Want to learn more about how to invest in cryptocurrencies like HBAR? This page covers the essentials for beginning crypto investors, with instructions on how to get started quickly.
Add money in the currency of your choice (this can include CAD). These funds are what you’ll use to buy HBAR.
Before you buy, you can check the current price of HBAR, or any other token listed in Coinsquare in CAD or USD.
Congratulations! You are now an owner of the HBAR cryptocurrency, along with thousands of others in the HBAR community!
Hedera is a decentralized ledger platform for collecting and managing data and transactions. It uses a special technology called Hashgraph to process transactions quickly and securely. Hedera was founded by a team of tech industry veterans: Mance Harmon, Dr. Leemon Baird, and Paul Madsen. Baird invented the Hashgraph algorithm that powers the Hedera network. In 2015, Baird co-founded Swirld, which holds the patents for his Hashgraph technological breakthroughs. Hedera was launched in March 2018 with a live audience and 50,000 livestream viewers.
Hedera features services like decentralized applications (dApps), cryptocurrency payments, and identity management. Developers can create smart contracts on the Hedera platform, facilitating the operation of decentralized applications and the execution of transactions.
The Hedera Hashgraph mainnet can handle more than 4.5 million transactions daily, with a limit of 10,000 transactions per second. The transaction fee starts at USD 0.0001 and only takes three to five seconds to validate. Each transaction also requires very little energy, only 0.00017 kilowatt-hours. This is much less than the energy needed for a Bitcoin transaction, which is 885 kWh, or an Ethereum transaction, which is 102 kWh on average.
Hedera Crypto claims that the asynchronous Byzantine fault tolerance (ABFT) consensus is faster, more reliable, and safer than traditional transaction verification. ABFT is a type of PoS system. This algorithm is a better option than the slow and complicated cryptography methods used in other blockchain ledgers. Instead of grouping transactions in blocks like blockchains, this PoS framework uses a protocol called “gossip about gossip” to check the order and validity of each transaction before adding them one by one.
While it differs from the proof-of-stake algorithms used by blockchains like Ethereum, it is similar in that users can become validators based on their HBAR holdings. Validators earn rewards by helping to validate transactions on the network. If you’re not a validator, you can still earn a portion of the fees by staking your HBAR coins with a validator.
The Hedera crypto coin, HBAR, is used to process and protect transactions on the network. HBAR includes a special feature called stake and governance, which lets users take part in making important decisions about the platform’s future. The maximum supply of HBAR tokens is 50 billion. Right now, there are over 35 billion Hedera crypto tokens in circulation. Hedera plans to slowly release the coins over 15 years to keep the Hedera price steady and predictable.
According to experts, the minimum HBAR price in 2026 is approximately USD 0.17, with this figure potentially rising to around USD 0.57 by 2031.
Hashgraph is an alternative to well-known technologies that use a directed acyclic graph (DAG) to organize information exchange. Here are the components behind the Hedera crypto:
The Hedera Governing Council runs the Hedera network. The council is composed of 39 organizations, including big companies like Google, IBM, and LG. This council makes decisions about code updates, network costs, and how things are run, all while keeping things fair and stable.
It’s important to know that there are only a certain number of spots available on the council. Each member is allowed to serve for a maximum of two consecutive three-year terms. During this period, all members have an equal say in making decisions about the network and platform. The members of the Governing Council are the ones operating mainnet nodes. However, the Hedera team plans to allow anyone who wants to run nodes in the future.
HBAR is a cryptocurrency that uses special technology to avoid the issues that have held back other blockchain-based digital assets. The unique algorithms behind Hedera Hashgraph and HBAR are still being improved to handle larger amounts of data. As more people start using this technology for dApps, we may discover weaknesses or problems in the system.
Investors with all levels of knowledge are welcome to participate in the exciting world of HBAR investing, trading, mining, and all other activities in this technology space. As an inclusive community, crypto arenas work to be accessible to everyone.
Coinsquare is vigilant about education, maintaining a real-time news feed in its mobile app, and providing 24/7 customer service support for all our account holders.
Before investing in HBAR, do your research and your due diligence. Evaluate the market performance, the HBAR community, and the security aspects of HBAR. As you immerse yourself in the crypto space, you can go further: assess the project’s partnerships with other companies and organizations, figure out what HBAR’s plans are for the future, and evaluate the HBAR community’s engagement, online presence, and enthusiasm.
Anyone who wants to invest in HBAR should understand basic concepts like what a blockchain is, how blockchains work, and the purpose of consensus mechanisms like Proof of Work and Proof of Stake. These concepts are reasonably accessible and essentially the same for all cryptocurrencies. You can find plenty of online guides to explain them. If they don’t make sense to you right away, stick with it and search for resources that are suited to your learning style.
HBAR’s market performance and price data over time isn’t representative of where HBAR is going, but it will give you a sense of the confidence other investors have had in it. As with all investments, past results are not indicative of future performance, so be diligent in your research before buying any type of investment
Also, consider the market capitalization for HBAR. The market cap is a metric used to indicate the total value of HBAR. Each cryptocurrency has a market cap. This figure is important because it can be used to compare different cryptocurrencies and evaluate their relative dominance on the market overall.
Coinsquare makes this data easily accessible. We provide all the information you need to make an informed decision about buying HBAR.
Sufficient liquidity when purchasing HBAR on the trading platform you choose is important so that it’s easy to buy and sell without significantly impacting the price. Trading volume can be used as an indicator for trading interest in HBAR within a specific timeframe.
Look into the partnerships that HBAR has established with other companies and organizations. Partnerships with reputable, well-respected companies indicate trust in HBAR. These partners often conduct extensive due diligence, which will give you confidence in HBAR and its ongoing viability.
Partnerships with tech companies can also give HBAR access to resources like expertise and equipment, while strategic partnerships can provide the financial backing that HBAR needs to shore up its stability and continue to innovate and grow.
Overall, solid partnerships suggest that other companies see value in HBAR and are willing to back it with their own resources.
A large and active community is important to a cryptocurrency’s success. Follow HBAR’s social media channels to see how involved people are with HBAR, keep up with the news about it, and get a sense of the community vibe. Developer support for HBAR can give you additional information about the HBAR community.
Investigate any past security incidents and see how they were addressed. Check on the social media chatter about these incidents to evaluate how the public and the HBAR community responded.
Collecting information about HBAR before you invest will help you make better investment decisions and manage any potential risks. Coinsquare is dedicated to giving you as much information as possible to help you get comfortable in the crypto space.
You have options for trading platforms in Canada. Why choose Coinsquare?
Here are the advantages we offer to individuals or organizations interested in HBAR or other cryptocurrencies:
Since its founding in 2014, Coinsquare has become a leader in the cryptocurrency space in Canada. Over the past decade, we have welcomed over 500,000 Canadian users to the crypto space and facilitated trades in excess of 8 billion Canadian dollars. We have the experience, customer base, and dedication to the community to have earned an outstanding level of trust and success. Open an account today; let’s see where we can go together!
