In this guide you’ll get information about where to buy Hard Protocol, if you are planning to buy HARD – You’re in the right place!
Many platforms may offer decentralized and open source financial service where users can borrow or lend money, but not many is focusing on the cross-chain market. The latter one provides more access and opportunities to users to borrow and lend money – and they can even earn (money) from it. The platform designs functional services so users are able to enjoy DeFi world easily.
The protocol is built on Kava’s blockchain. It was originally named Harvest. After the hacking attack to Harvest.io, it was changed to Hard Protocol. The platform offers cross-chain market to deliver easiness to the users. Instead of having to wait or even fight their way into the Ethereum network to complete the transactions, now they can access different areas. Because it is built on Kava’s network, users can use the cross-chain bridges, harness the security system, and access Chainlink oracles (for the price reference). Previously, users were allowed to make deposit on the platform’s supply side to get the governance tokens. Now, they can supply BNB, KAVA, HARD, and USDX. For the new development of HARD version 2, users would be allowed to supply the assets as well as borrowing them.
- Official Site: https://hard.kava.io/
- Bitcointalk: https://bitcointalk.org/index.php?topic=444183.0
- Twitter: https://twitter.com/hard_protocol
- Telegram: https://t.me/hard_protocol
- Whitepaper: https://medium.com/kava-labs/introducing-harvest-io-the-worlds-first-cross-chain-money-market-a27535a5d91a
Table of Contents
Hard Protocol (HARD) Features
- Permission less and open platform. This is a platform focusing on DeFi application, which means that everyone is free to access it – provided they have the access. The fact that the platform has solid integration with Fintech app and (HARD) money market makes it promising and completely function. There is also integration with financial institution which gives more leverage and easy access to users without being tangled within the centralized system
- Token governance. Hard Protocol is using HARD (governance) token so users can contribute and take part in the platform’s evolution, based on their preference and how they see as ideal setting.
- Cross-chain market. Users aren’t limited to in-platform use only as they have various flexibility and freedom
- Modern DeFi implementation. Users are given the easiness and simplicity in borrowing and lending money while still being able to enjoy the inexpensive fee.
Where to Buy, Sell and Trade Hard Protocol aka HARD
You can basically use debit card, credit card, or even PayPal to buy the Hard Protocol (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Hard Protocol as the exchange.
With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Hard Protocol. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.
In general, the process would be:
- You go to the online exchange and buy the Ethereum or Bitcoin
- Find a crypto exchange that supports Hard Protocol currency and exchange your Ethereum or Bitcoin with the Hard Protocol
- Store your Hard Protocol to a secured wallet
Step 1: Buy Bitcoin (BTC) or Ethereum (ETH) at Coinbase
There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.
The site will ask for some basic information about yourself, make sure to tell the truth. Otherwise, you could face withholding of your investment. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform.
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- You will be asked to through the process of confirming your e-mail address as well as verifying your identity. It would be best if you went through that procedure at once to avoid any issues before putting money on the platform. Coinbase will ask for personal information such as your home phone number, your address, and proof of your identity using an official document such as a passport or a driver’s license.
- Keep in mind that Coinbase takes some time to verify your ID, but once your account is verified, things can move forward on your end. By confirming your identity, you will have better security on your account, and the people working at Coinbase will be able to help you with easy on any issue you face. You will also be able to trade larger numbers of money on your transactions as well as other perks related to the trading information the goes inside the platform.
- You can also manage your payment options. As we mentioned previously, the sites make it very easy to handle FIAT money to pay for the altcoins you want to have in your portfolio. You can check in your bank account to make direct deposits or withdrawals. While this method is excellent, it takes at least two days to verify it on Coinbase’s end. You can also register your credit cards, debit cards, and even your PayPal account in the buy/sell link located on the top menu.
That’s the first step in buying Hard Protocol, once you get your Bitcoin or Ethereum, you can continue to the next step.
Step 2: Choosing the Best Cryptocurrency Exchange for Your Investments
After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.
With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.
These are the best exchanges we can recommend for you to exchange BTC or ETH with Hard Protocol:
- Deposit Methods: Cryptocurrency Only
- Fiat Currencies: N/A
- Supported Cryptocurrencies: BCH, EOS, TRX, ONT, ETH, BTC, BTM, AE, OCN, ADA, IHT, XRP, ETC, NAS, LTC, & over 565+ more
- Trading Pairs: 1118+
- Deposit Methods: Cryptocurrency, Express Polish Post Office 24/7, Wire transfer, GBP bank transfers
- Fiat Currencies: USD, EUR, PLN, GBP and 47+ More
- Supported Cryptocurrencies: BTC, ETH, XRP, BCH, TRX, LTC, DASH, XMR, XLM, OMG & 512+ more
- Trading Pairs: 1044+
IMPORTANT! Once you are registered to any of the above, find the BTC/HARD or ETH/HARD trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.
Step 3: Managing Your Crypto Assets in a Secure Wallet
As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.
You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.
There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.
For Securing your Hard Protocol (HARD) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor
LEDGER NANO-X: Securely trade on-the-go and manage a large number of assets at the same time, with only one device.
- Secure
- Mobile Friendly
- Easy to Manage
- Supported Coins: 1200+
TREZOR MODEL-T: The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.
- Invented for your digital independence
- keeps your keys safe
- Easily back up your entire wallet
- Supported Coins: 1093+
Frequently Asked Questions (Faqs)
Can I Buy Hard Protocol (HARD) with PayPal?
You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Hard Protocol. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.
Can I Buy Hard Protocol (HARD) with Cash?
You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:
- Make sure you have a BTC / ETH wallet before you buy from seller
- Go to LocalBitcoins and find person in your area who sells bitcoin/ethereum and accept cash.
Can I Buy Hard Protocol (HARD) with Skrill?
You can’t buy HARD directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Hard Protocol. You can buy BTC/ETH with skrill by using these exchanges::
- LocalBitcoins
- Paxful
- Virwox
- SpectroCoin
- Lykke
- Exmo
- Coingate
Can I Buy Hard Protocol (HARD) with Bitcoin?
Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/HARD and begin the transactions.
Can I Buy Hard Protocol (HARD) with Ethereum?
Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/HARD trading pair.
What Is the Best Payment Method to Buy Hard Protocol (HARD)?
The cheapest way is to use bank account to buy Bitcoins first or to buy the Hard Protocol right away. The fastest way is to use a credit card but you will then be charged higher fees.
How to Protect Hard Protocol (HARD)?
Once you have purchased the Hard Protocol, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:
How to Sell Hard Protocol (HARD)?
Find a crypto exchange which allow pairing HARD with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.
Can I Mine Hard Protocol (HARD) and Not Buying It?
You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Hard Protocol is to buy it from a reliable exchange.
Conclusion
Hard Protocol offers a flexible and open access to anyone so that they can enjoy easy and simple way in borrowing and lending money. HARD token is functional not only as governance token but also as the reward. In this version 1, flexibility is already offered, but in the future, version 2 will provide more assets. Expect Hard Protocol to have better services and access in lending and borrowing, especially with version 2 development.