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What is Powerledger?

Powerledger (POWR) was released in 2016 and uses blockchain technology to enable households & buildings to trade excess solar power peer-to-peer to make power more distributed and sustainable for consumers. Powerledgers goal is to disrupt the global energy industry and enable local areas to distribute said power without the need for a middle man.

  • As an Australian based coin, POWR hopes to enable everyday Australians to access and profit from dependable and affordable electricity.
  • Powerledger combines solar power and blockchain to provide sustainable and cheap energy solutions.
  • Powerledger runs on the Ethereum network and the energy platform itself functions as a peer-to-peer energy exchange.

Powerledger is unique and provides energy solutions through the use of blockchain. As such this empowers individuals to buy and sell energy easily through peer-to-peer transactions.

How do I swap Powerledger?

Enter amount to swap
Select the quantity of Powerledger you would like to swap.
Select coin to swap with
Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Powerledger

Why Should I Trade POWR with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Powerledger no matter what your trading experience is. Unlike other international and Australian Powerledger exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Powerledger with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Powerledger how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Powerledger?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Powerledger for free.

Cold Storage

If you are holding Powerledger as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Powerledger. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Powerledger. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Powerledger has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Powerledger is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Powerledger exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Powerledger & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Powerledger safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Powerledger portfolio here.
Yes! With CoinSpot you can convert your Powerledger to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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