Power Ledger and POWR explained

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A guide to Power Ledger and POWR tokens

Find out how it works and what to expect from Power Ledger.

Power Ledger is a blockchain energy trader, in which you use cryptocurrency tokens called POWR to indirectly buy energy and provide other opportunities.

You can buy, sell, trade or invest POWR tokens much like any other cryptocurrency.

This guide explains where and how to buy POWR as well as how it all works and what exactly you’re buying into.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Power Ledger POWR tokens

You can find POWR tokens at any of the following exchanges:

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card


Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Binance Cryptocurrency Exchange
Bank transfer (ACH)


Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
CoinSwitch Cryptocurrency Exchange
Credit card


CoinSwitch allows you to compare and convert over 250 cryptocurrencies across all exchanges.
Changelly Crypto-to-Crypto Exchange
Credit card, Cryptocurrency


Access competitive crypto-to-crypto exchange rates for 150+ cryptocurrencies on this global exchange.
KuCoin Cryptocurrency Exchange
Cryptocurrency, Interac e-Transfer, PayPal, Wire transfer, Credit or Debit Card


Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Bithumb Cryptocurrency Exchange


A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
CoinDCX Exchange
Bank transfer (ACH)


A cryptocurrency exchange based in India which lists over 30+ trading pairs and supports INR.
Indacoin Cryptocurrency Exchange
Credit card


Use your credit or debit card to buy bitcoin and other cryptocurrency without having to verify your identity.
IDEX Cryptocurrency Exchange


A decentralised cryptocurrency exchange where you can trade over 250 ERC20 tokens.

Compare up to 4 providers

Before buying, you need a wallet that can support POWR. Any Ethereum compatible ERC20 cryptocurrency wallet should work.

Power Ledger’s initial coin offering allowed people to buy POWR directly from Power Ledger. This ICO put 350,000,000 POWR tokens into circulation, which you can buy and sell in a few select places.

Where to buy POWRHow it worksMore information
BinanceCreate an account on Binance to trade bitcoin for POWR tokens.Learn more
BittrexCreate an account on Bittrex to trade bitcoin for POWR tokens.Learn more

How does Power Ledger work?

IconSymbolInitial release dateAlgorithm typeMax. supply
POWR iconPOWR8 September 2017Proof-of-work1 billion POWR

Power Ledger lets anyone easily trade energy. It ties together energy producers, ranging from homeowners with solar panels to large companies with multiple power plants, and lets them buy and sell energy without going through a middleman.

It aims to offer a greener and more competitively priced energy market with complete transparency and reliability at every level that’s immediately adaptable for any market in the world.

This ambitious plan is made possible by Power Ledger operating across two different blockchains, each of which has its own tokens and functions.

The “outer layer” is the Ethereum blockchain, while the “inner layer” is the EcoChain.

  • The Ethereum blockchain. This is the public Ethereum blockchain on which users can buy, sell, use and trade POWR tokens. By holding POWR tokens, users can access the EcoChain.
  • The EcoChain. This is a private consortium blockchain designed, built and operated by Power Ledger. It uses Sparkz tokens and is designed to be exceptionally energy efficient and to directly interface with home and business energy facilities, for example, by automatically reading your meter at regular intervals and monitoring energy use.

The Ethereum blockchain layer is the same all over the world, while the EcoChain layer can be scaled for individual areas to work with different local regulations, to meet different consumer needs and to function anywhere.

The connections and functions between these layers are operated with Ethereum smart contracts. This provides a secure environment for the following:

  • Exchanging POWR and Sparkz tokens.
  • Managing the Power Ledger loyalty and rewards programs as well as offering green energy incentives.
  • Holding to-be-released POWR tokens and other funds in escrow.
  • Handling the security and trust measures of the program.

You can purchase Sparkz tokens with local fiat currencies. You can then use these Sparkz tokens to purchase energy through the EcoChain blockchain at costs that vary based on supply and demand in each area. Sparkz tokens are destroyed in these transactions.

Different groups might move in different circles on the EcoChain. For example, you might have a single apartment complex distributing energy from the building’s rooftop solar panels among each other, and then selling any surplus on the open market and distributing the earnings evenly among all tenants.

Or, you might have a large energy company selling to the general public on the EcoChain.

The idea is that smaller and greener providers will be prioritised on the Power Ledger marketplace before the larger ones, with the effect of gradually decentralising energy supply and promoting renewables.

What you get when buying POWR tokens

Power Ledger symbolPOWR tokens are used by providers who want to put their services on the EcoChain. Their POWR tokens are held in escrow for a corresponding amount of Sparkz tokens.

But you don’t necessarily need to be a provider to benefit from ongoing dividends as a POWR owner. Power Ledger’s “autonomous asset management” system means POWR owners can put up POWR tokens for another service provider in order to earn a cut of the profits.

This can all be managed transparently and automatically through the blockchain.

The current Power Ledger POWR supply cap is set at 1 billion, while 350 million were released into circulation with the initial coin offering.

Currently, those 350 million are the ones being bought and sold. The remainder will be released over time, with an emphasis on incentivising the development of green energy.

Importantly, having POWR tokens in a deregulated market will give you access to upcoming “asset germination events.” These are events where POWR holders will receive priority to become owners and co-owners of energy assets, such as photovoltaic systems, and to receive a cut of the revenue generated by them.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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