Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Civic. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent number of reliable and regulated crypto trading platforms, so it’s quite easy finding an exchange that has Civic. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Civic in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Civic in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Civic, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Civic.
Also, check out our comparison of the best crypto trading platforms If you’re curious to know more about the exchanges we prefer.
2. Sign up with the crypto exchange
Once you’ve decided on which exchange to use, it’s time to sign up.
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 Civic, 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.
4. Buy Civic
The final step is to go to their asset list, find Civic, navigate to the buy section, and then trade your AUD for some CVC. Once you’ve bought Civic, 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 Civic (CVC)
|5/5||300+ cryptocurrencies||Visit Swyftx|
|4/5||200+ cryptocurrencies||Visit Coinspot|
|3/5||400+ cryptocurrencies||Visit 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.
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How to Sell Civic
If you’re thinking about selling Civic, just follow the steps below.
- Sign in to the cryptocurrency trading platform (like Swyftx).
- Click on Civic in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
- FInd the sell section and sell Civic for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Civic 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 Civic 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 Civic. Have a look on their site first, you might be lucky.
How to buy Civic 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 Civic with your credit/debit card.
Civic, a blockchain-based identity management platform, provides individuals and businesses with all the tools necessary to manage and protect their personal identity information.
This platform will revolutionize how we think about identity verification. This platform gives users greater control over their personal data and allows them access to many services without paying for unnecessary personal information.
Civic's identity verification technology uses distributed leger technology to authenticate identity use in real time. It is used to sparingly reveal information to Civic partners after authorization has been given by the user.
All sensitive data can be stored on mobile devices by Civic users, unlike other identity management service providers. By providing a biometric sign, the Civic app lets users authorize sharing of certain personal information.
Civic token (CVC), a unique utility token, allows for settlement and management identity-related transactions between Civic participants. This applies to both customers and service providers.
Users can earn CVC tokens by signing up for a service, or introducing new users. CVC tokens can also be earned by validators for validating documents provided by service providers.
Civic was launched in 2018 following a successful initial coin offer (ICO).
Civic was created to enable users to quickly verify their identity to service providers and retain full control of their personal data.
Businesses can quickly add users to their accounts using the AI-powered authentication system. Combining this with human review, it helps businesses reduce fraud as well as comply with AML and OFAC regulations.
Civic currently offers two products: the Civic wallet (December 2020), and the Health Key(December 2020).
A mobile cryptocurrency wallet called the Civic wallet can store a number of popular cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). It can double as a digital identity management tool, and Coincover offers a $1,000,000 Bitcoin insurance policy.
Civic's new product, Health Key, is now available. Employers can use this app to verify the health status of their employees to ensure they are able return to work after being infected by COVID19. This can be done even if the employee is not aware.