Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Aavegotchi. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

Aavegotchi

Australia has a decent amount of popular and regulated crypto trading platforms, so it’s quite easy finding an exchange that has Aavegotchi. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Aavegotchi in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Aavegotchi

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Aavegotchi in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Aavegotchi, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Aavegotchi.

Also, check out our comparison of the cryptocurrency exchange reviews If you’re interested in learning more about which ones we prefer.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Aavegotchi, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Aavegotchi

The final step is to go to their asset list, find Aavegotchi, navigate to the buy section, and then trade your AUD for some GHST. Once you’ve bought Aavegotchi, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Aavegotchi (GHST)

ExchangeRatingCryptocurrenciesSite
Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

Affiliate Disclosure: This site is supported by its users. We may receive commissions for purchases made through the links on our site. This does not impact our reviews, guides or comparisons.

How to Sell Aavegotchi

If you’re thinking about selling Aavegotchi, just follow the steps below.

  1. Sign in to the crypto exchange (like Swyftx).
  2. Click on Aavegotchi in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Aavegotchi for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Aavegotchi in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Aavegotchi with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Aavegotchi. Have a look on their site first, you might be lucky.

How to buy Aavegotchi with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Aavegotchi with your credit/debit card.

About Aavegotchi

Aavegotchi is an organization of crypto-collectibles who live on Ethereum. Aavegotchis were the first ERC-721-based NFT-based game. They are therefore older than most modern play to earn. Many blockchain games now offer innovative concepts like dynamic rarity, rarity farming, DeFi mechanics, such as staking, DAO-governed game mechanics, and DeFi mechanics. Tamagotchi digital pets were the inspiration for the name Aavegotchis. In a tongue-in-cheek description they are "the ghosts liquidated yield farmer determined return and honor their familia."

The Aavegotchi's rarity and overall value are determined by three attributes. These attributes are spirit force, traits, and wearables. With increasing spirit force, the NFT's value increases. It is collateral staked on Aavegotchi. You can also get a different rarity score for Aavegotchis. This will vary depending on Aavegotchi level, wearables, and other factors. A rare Aavegotchi might become less common depending upon the distribution of traits within the Aavegotchi universe. This is how Aavegotchi introduced rarity agriculture.

Aavegotchi, a DeFi-focused token (NFT) that is non-fungible and runs on Aave protocol, can be found at Aavegotchi. Aavegotchis are used to create DeFi collateral, and receive staking rewards.

CryptoKitties tokens have distinctive qualities such as body color and personality. Because they are staked assets, the tokens can be liquidated by their owners at any time. If you liquidate the NFTs, your Gotchi will be lost.

The characters look like pixelated ghosts because they are following Aave in Finnish. The token ticker spells "ghost", without using a vowel.

Aave invested in Pixelcraft Studios November 2020. This company will offer raffles to the protocol. The project's mainnet launch was initially scheduled for January 4, 2021. However, due to high transaction fees on Ethereum Blockchain, it was postponed. It is a sidechain.

Aavegotchi introduced rarity-farming as a concept in the first NFT game. This gameplay encourages active participation as users can earn GHST tokens to train NFTs to higher rarity level.

Each NFT is assigned a base rarity score. These scores are determined by the wearability and overall rarity of each NFT's traits. The absolute rarity score for each trait determines the rank of Aavegotchis. If players exercise their NFTs, the Absolute Rarity Score may decrease. The Absolute Rarity score can be described as a percentile function.

The absolute rarity score of all Aavegotchi equivalents is:

  • Base Rarity Scores for all traits
  • All outfitted wearables have a base rarity score
  • Absolute rarity score on all traits

Players are motivated to increase their NFT's rarity scores. The rarest Aavegotchis can be eligible for the highest GHST rewards. Due to NFT rarity fluctuation, players are forced to make strategic decisions about training and equipping their NFTs.

Aavegotchi was also first to incorporate a metaverse into its game. Aavegotchis can interact with their peers within the Aavegotchi Realm. They can play mini-games, and participate in the governance of AavegotchiDAO. To build their own smart contracts, holders of GHST tokens will be able to unlock parcel tokens within this metaverse.

NFT games also love the mini-games in the Aavegotchi Metaverse. Mini-games can also be balanced to ensure that no Aavegotchi is better than another. Different rarities can be useful in different games.

Aavegotchi was first to implement a DAO-governed token distribution. This transfer transferred funds from the token bonding agreement to the gaming studio that was creating the game. Two more iterations have been made to the AavegotchiDAO. It is now in its OASIS stage where the governing DAO votes on all decisions.

The original Solidity code for the Aavegotchi game was written, then it was built on Ethereum. It is interoperable which allows layer-two deployments smart contracts. The project stresses the importance scaling its DAO as it expands its metaverse.

Related: