How and Where to Buy Harmony (ONE): Step by Step Guide

Published

5 hour ago

March 23, 2023

Daniel Reggio

Harmony (ONE) is a decentralized blockchain platform meant to provide a connection between sustainability and decentralization, released in May 2019 as part of the first Binance Launchpad exchange offer (IDO). Its development was modeled on 'decentralization of size' with an emphasis on data exchange and the establishment of fungible tokens and non-fungible assets markets.

In addition, Harmony has an extra promise to offer high output with two "lows": latency and costs. In conjunction, they should focus the platform on building the foundation for future decentralized, unreliable economies.

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About Harmony

With numerous blockchain projects vying to provide the finest services to DeFi customers, Harmony (ONE) is one of those exceptional blockchain-based initiatives that have innovated to increase the efficiency of decentralization at scale.

Harmony enables users to develop decentralized apps while making use of quality services. It chooses to service the decentralized ecosystem with the sufficient and balanced intensity of scalability and decentralization.

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What is Harmony [ONE]?

Harmony is a blockchain platform meant to make decentralized apps easier to create and utilize (DApps). The Network intends to reinvent how decentralized apps function by the random sharing of states, which enables blocks to be created in seconds.

Harmony is intended to introduce cross-sectional contracts and cross-chain infrastructure by the end of 2021 according to the project's website.

Harmony is one of the Ethereum (ETH) network's communities. As a result, it thinks it is important to provide answers to significant issues restricting Ethereum. Harmony's powered secure data aggregation technology was created to address the Ethereum network's scalability problem.

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Who Are the Founders of Harmony [ONE]?

In 2017, Stephen Tse, a former cryptography engineer, launched Harmony. The goal was to offer an open, decentralized, and trustless blockchain platform for DeFi's global consumers. Along with Tse, there was a team of 20 additional people that contributed to the project's growth. This founding team included professionals with varied backgrounds in software development, machine learning, artificial intelligence, virtual reality, and blockchain technology.

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What Makes Harmony Unique?

The Harmony mainnet seeks to reinvent block generation by focusing on processing speed and validity. By using the sharding method, the firm drastically decreased node validation times.

Harmony has launched the Verifiable Random Function (VRF) for impartial and unexpected shard membership to guarantee node protection and safe validation. This implies that nodes and validators are assigned and reassigned based on a randomized algorithm.

Harmony Grants is a project effort that aims to promote innovation and entice developers to the Harmony mainnet.

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Where Can You Buy Harmony [ONE]?

Harmony (ONE) coins are available on the majority of major exchanges, including:

Binance
Bitmax
TrustWallet
Crypto.com
Bitladon (EUR)
Coinspot (AUD)
Huobi Global

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Frequently Asked Questions

Can I Buy Harmony [ONE] With Cash?

There is no direct method to purchase ONE using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.

Are there any quick ways to buy Harmony [ONE] in Europe?

Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.