How to buy Energy Web Token (EWT) in Australia
A beginner's guide to buying and selling EWT in Australia.
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How to buy Energy Web Token
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Energy Web Token.
- Open an account on an exchange that supports EWT.
Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
- Deposit funds into your account.
Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Energy Web Token.
- Buy Energy Web Token.
Complete your Energy Web Token purchase and then find the best wallet to store EWT.
What is Energy Web Token?
Energy Web Token (EWT) is the native token developed by the Energy Web Foundation, a non-profit group that aims to use blockchain to achieve a low-carbon electricity system. It runs the Energy Web Chain, a public blockchain platform to help the energy industry meet regulatory, operational and market needs. The Energy Web Chain has partnerships with utility operators, grid operators, renewable energy companies, corporate energy buyers and others around the world. Its partners include AGL and Shell. Launched in mid-2019, the token has two main purposes. First, it is designed to protect the network against misbehaviour. Second, it is used to compensate validators by paying them transaction fees and block validation rewards. At the moment, only energy companies that meet Energy Web Foundation’s standards can become validators on the network.
Energy Web Token (EWT) is the 154th largest cryptocurrency in the world by market cap, valued at $235,571,788. The current price of Energy Web Token is $6.05, which is 4.124% higher than yesterday. Prices have ranged between $6.12 and $5.05 over the past 24 hours. All prices are listed in US dollars and accurate as of June 23, 2021 05:06 UTC.
Where to buy Energy Web TokenFind an exchange to buy, sell and trade EWT by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Energy Web Token at a glance
|Total EWT supply||63,322,363|
|All time high||US$22.67|
|All time high date||April 17, 2021|
|Notable team members||Walter Kok|
|Partnerships||Volkswagen, DENA, Sonnen Group, Petroleum Authority of Thailand|
|Token uses||Utility token|
|Network||Energy Web Chain|
Energy Web Token price performance over time
How to sell Energy Web Token
You can cash out your EWT with the same exchange you bought it through:
- Sign in to the exchange you have EWT on.
If you store your Energy Web Token in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of EWT you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Energy Web Token.
What to consider when buying cryptocurrencyBuying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
- Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
- Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
- Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.
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