The company has already gained experience in connecting blockchain technologies with the energy market. In August 2016, the first blockchain-based energy trading network went online, but only for testing purposes. This platform was then successfully used in New Zealand. In the second half of 2017, an energy management system that distributes locally generated renewable energy followed.
pros and cons of Bitcoin Trader
And this is one of the advantages of the project: We are not dealing with an unknown, faceless team that only presents a white paper. Power Ledger is a company that has already proven that it can combine energy trading with blockchain technology. The platform has www.onlinebetrug.net/en/bitcoin-trader the potential to revolutionize the energy market. Cheaper electricity, fairly distributed and it also allows private individuals to sell their unneeded electricity. It is noteworthy how it allows even small electricity providers to flourish and make a profit. The humanitarian aspect of this must not be neglected. Established energy companies will certainly not be pleased.
Power Ledger Price
Since the launch of the POWR token in November 2017, the price has risen from €0.17 to €0.75 the same month. In the remainder of November and December of the year, the power ledger price fluctuated between €0.40 and €0.60. In the second half of December the price rose again, this time the crypto currency broke the €1 mark. However, the company achieved the best results with its token in January 2018, when the price was quoted at € 1.57 on January 7.
After that, the good mood on the crypto markets eased and the price fell below € 1 during the rest of January. In February, the price fluctuated between € 0.40 and € 0.60. In March it finally fell below € 0.30, but an upward trend seems to prevail again for April.
The forecast: The token was already among the top 100 crypto currencies on the market after only a few weeks. Maybe the course doesn’t look that spectacular, but the token has only been around for a short time. If the project develops well, a price increase can be expected at any time. Buying cheap power ledgers is still possible at the moment and could pay off.
The Power Legder Token is an ERC20 token based on Ethereum. Since the company has not yet created its own Power Ledger Wallet, the token must be stored on an Ethereum-compatible Wallet. Ledger Nano S or Trezor could be used as hardware wallets; on the software side, the tokens can be stored with the MyEtherWallet or MetaMask.
Where can I buy the Power Ledger?
Buying Power Ledger is possible on several crypto exchanges. The largest volumes are on Upbit, followed by Binance and Bittrex. Other possible exchanges are Huobi, KuCoin, Bancor Network, Cryptopia and Gate.io.
Power Ledger has the potential to revolutionize the electricity market. And this for the benefit of the consumer, green energy and smaller electricity providers. This is creating a peer-to-peer platform that distributes renewable energy worldwide and offers it at fair prices. The development of the platform is not yet complete, but the project looks very promising.
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