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Convert
Georgian Lari (GEL) to Hedera Hashgraph (HBAR) Instantly

GEL GEL
HBAR HBAR
Buy Hedera Hashgraph (HBAR)

Purchase Hedera Hashgraph (HBAR) with Georgian Lari (GEL) easily at Switchere and benefit from fast, secure transactions.

About
Hedera Hashgraph (HBAR)

Hedera is a public distributed ledger that utilizes a unique consensus mechanism known as Hashgraph, presenting a distinct alternative to traditional blockchain technology. This enterprise-grade network is specifically engineered to address scalability and performance bottlenecks. At its core is the Directed Acyclic Graph (DAG) architecture, secured by the asynchronous Byzantine Fault Tolerance (aBFT) algorithm. This foundation, powered by a gossip-about-gossip protocol and virtual voting, enables extremely high throughput with thousands of transactions per second, low-latency finality, and mathematically proven fair ordering of transactions, all while maintaining low, fixed fees and remarkable energy efficiency. The network's governance is overseen by the Hedera Governing Council, a body of leading global organizations. Hedera offers a suite of services, including the Hedera Consensus Service (HCS) for verifiable event logging and the Hedera Token Service (HTS) for native token issuance, alongside EVM-compatible smart contracts. The native digital asset, HBAR, is the fuel of the ecosystem. This utility token is used to pay for network transaction fees, secure the network via proxy staking, and facilitate a wide range of Web3 applications and DeFi protocols built on its robust infrastructure.

Hedera Hashgraph (HBAR)

How to Buy Hedera Hashgraph (HBAR)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose GEL to HBAR Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Hedera Hashgraph Wallet Address

    Provide your HBAR wallet address and proceed with the payment.

  3. 03

    Receive Your Hedera Hashgraph

    Complete the payment, and your HBAR will be sent to your wallet.

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Frequently asked questions

  • What is the best way to buy Hedera (HBAR) using Georgian Lari (GEL)?

    To buy Hedera (HBAR) with Georgian Lari (GEL), you typically need to use a cryptocurrency exchange that serves as a fiat on-ramp for GEL. The process involves creating an account, completing KYC/AML verification, and depositing GEL via a local bank transfer. Once your account is funded, you can place an order on the HBAR/GEL trading pair. If a direct pair is unavailable, you may need to convert GEL to a more liquid asset like USDT or BTC first, and then trade that for HBAR.

  • What makes Hedera's hashgraph consensus different from a traditional blockchain?

    Hedera doesn't use a blockchain; it uses a hashgraph consensus mechanism. This distributed ledger technology utilizes a 'gossip-about-gossip' protocol and virtual voting to achieve asynchronous Byzantine Fault Tolerance (aBFT), which is a very high level of security. This results in extremely fast transaction finality (3-5 seconds), high throughput (10,000+ TPS), and stable, low-cost transaction fees, making it ideal for enterprise-grade decentralized applications.

  • Are there specific KYC regulations in Georgia I should know before trading GEL for HBAR?

    Yes, any fiat gateway operating in Georgia must comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, often overseen by the National Bank of Georgia. When converting GEL to a digital asset like HBAR, you will be required to provide a valid government-issued ID, proof of address, and potentially information on the source of your funds. These measures are standard for secure trading and help prevent illicit activities.

  • What are the common fees associated with a GEL to HBAR transaction?

    There are typically three types of fees. First, a deposit fee for your GEL, which depends on the bank and payment method. Second, a trading fee on the cryptocurrency exchange, which is a percentage of the trade value (e.g., 0.1% - 0.5%). Finally, a network fee to withdraw your HBAR to a secure, private wallet. A key benefit of the Hedera network is its extremely low and predictable network fees, which are fixed in USD (e.g., $0.0001 per transaction) and paid in HBAR.

  • How can I securely store HBAR tokens after my purchase?

    For maximum security, you should transfer your HBAR from the exchange to a self-custody digital wallet where you control the private keys. Recommended options include hardware wallets like Ledger for cold storage, or official software wallets like HashPack. Never share your private keys or recovery phrase. Storing on an exchange is less secure as you don't control the keys and are exposed to platform-specific risks.
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