Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Celer Network. 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

Celer Network

Australia has a good amount of trusted and regulated crypto trading platforms, so it’s quite easy finding an exchange that has Celer Network. 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 Celer Network 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 Celer Network

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 Celer Network 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 Celer Network, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Celer Network.

Alternatively, if you want to learn more about the exchanges we recommend, look at our list of the best crypto exchanges in Australia.

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 Celer Network, 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 Celer Network

The final step is to go to their asset list, find Celer Network, navigate to the buy section, and then trade your AUD for some CELR. Once you’ve bought Celer Network, 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 Celer Network (CELR)

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

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How to Sell Celer Network

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

  1. Sign in to the crypto trading platform (like Swyftx).
  2. Click on Celer Network 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 Celer Network for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Celer Network 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 Celer Network 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 Celer Network. Have a look on their site first, you might be lucky.

How to buy Celer Network 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 Celer Network with your credit/debit card.

About Celer Network

Celer is a protocol for blockchain interoperability that allows users access to tokens, GameFi and DeFi as well as NFTs across multiple chains. Developers can use the Celer Inter-chain Messaging Framework to create inter-chain-native Dapps in order to gain efficient liquidity utilization, coherent application logic, and shared status. Celer-enabled DApps users can enjoy the benefits of a multiblockchain ecosystem as well as the simplicity and ease of a single transaction user interface.

Celer Network's blockchain State Guardian Network secures and supports the architecture. It uses a Proof-of-Stake consensus variant called Delegated Proof of Stake. To receive a reward, participants can stake their coins and "delegates" can take responsibility for validating transactions.

Celer State Guardian Network, which is built on Tendermint, acts as a message relay among different blockchains. Validator nodes must stake CELR tokens to join the consensus process for SGN. The CELR staking process provides economic security for Celer Interchain Messaging Framework. To use the SGN's message routing service, users must pay a fee and keep the multisignature attestation. Block rewards and CELR stakers are also paid for their efforts to secure the network.

Celer fundamentally changes the way multi-blockchain and cross-blockchain dApps are built and used. Developers don't need to deploy multiple smart contracts on different blockchains. Developers no longer need to deploy multiple smart contracts on different blockchains. Instead, they can create inter-chain-native applications with coherent logic and efficient liquidity utilization. Celer-enabled users of dApps will be able enjoy the benefits of a multiblockchain ecosystem. They will also be able to benefit from the simplicity and ease of one transaction UX, as well as avoid complex manual interactions across multiple Blockchains.

Celer uses smart contracts that are deployed on all chains and paired with State Guardian Network (a Tendermint based Blockchain) to enable seamless interoperability between multiple blocks. A user, or a dApp, can send a message on the source chain to a Message Bus smartcontract with a structured header and arbitrary binary payload. The State Guardian Network will then reach consensus on the existence of the message, and generate an attestation that has multiple signatures. The attestation is issued to the Executor who subscribes. This contract can be used to verify that the message is valid on the destination chain. It triggers the logic associated to that message immediately after a timeout, or immediately afterwards.

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