1 HBAR = ₺4.37 Turkish Lira 1 TRY Turkish Lira = 0.22857349 HBAR
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View ChartHedera Hashgraph operates on a unique technology called Hashgraph, which is fundamentally different from blockchain. While blockchain organizes data in blocks and chains, Hashgraph uses a directed acyclic graph (DAG) structure that allows for more efficient data processing. This structure enables high throughput and low latency, making transactions faster and cheaper. Additionally, the consensus algorithm employed ensures that the network is secure and can handle a large number of transactions simultaneously. Understanding these technical aspects is crucial for appreciating how Hedera stands out in the crowded crypto space.
Hashgraph uses a gossip protocol for information sharing.
It achieves consensus through virtual voting, which is energy efficient.
The network can process thousands of transactions per second.
It ensures fairness in transaction ordering.
The Hashgraph technology is patented, providing a competitive edge.
Hedera Hashgraph offers several features that set it apart from other cryptocurrencies. One of the most notable aspects is its governance model, which incorporates a council of diverse organizations to oversee the network’s development and decision-making. This governance structure aims to promote stability and fairness while reducing the risks associated with centralization. Furthermore, Hedera provides a suite of services including file storage, smart contracts, and cryptocurrency transactions, making it a versatile platform for developers. Understanding these features is essential for anyone looking to engage with the Hedera ecosystem.
HBAR is the native cryptocurrency of the Hedera network and plays a crucial role in its ecosystem. It is used to power decentralized applications, pay for transaction fees, and secure the network through staking. The economic model of HBAR is designed to incentivize users and developers, fostering growth and innovation within the community. As a utility token, HBAR also enables the governance process by allowing holders to participate in decision-making. Understanding the role of HBAR is vital for those looking to invest or develop on the Hedera platform.
The easiest way to buy HBAR is through a crypto exchange like BTCC. BTCC makes purchasing HBAR easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first HBAR purchase, register with BTCC today!
Trading HBAR/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or HBAR into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the HBAR/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you think the price will rise, place a buy order.
To Sell (Go Short): If you think the price will fall, open a short position (available in derivatives trading, such as futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Centre
Yes, absolutely. BTCC supports multiple methods to gain exposure to Hedera(HBAR) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Hedera directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the HBAR/TRY spot trading pair using market or limit orders, taking direct ownership of the HBAR.
Trade HBAR/TRY Futures: For more advanced strategies, you can trade HBAR/TRY perpetual or dated futures contracts. This allows you to speculate on Hedera's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your HBAR to TRY conversion on BTCC:
Sign in to your account, or create a new BTCC account if needed.
Go to the trading interface and select the HBAR/TRY trading pair.
Input the specific amount of Hedera you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the 'Crypto Converter' section on our website or in the app.
Enter the amount of the HBAR you want to convert in the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The HBAR/TRY exchange rate is the current market price at which 1 Hedera(HBAR) can be exchanged for TRY. Put simply, it tells you how many TRY one Hedera is worth at any given moment.
Currently, one Hedera is ₺4.37. Due to the 24/7 nature of the global cryptocurrency market, the price of 1 Hedera (HBAR) in TRY is constantly changing. To get the live price, please check the market data section at the top of our platform or visit our HBAR to TRY converter.