Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Enzyme. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a good amount of popular and regulated crypto trading platforms, so it’s quite easy finding an exchange that has Enzyme. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Enzyme in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Enzyme in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Enzyme, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Enzyme.
You can also take a look at our analysis of the top exchanges to buy and sell cryptocurrency in Australia if you’re interested in learning more about which 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 Enzyme, 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 Enzyme
The final step is to go to their asset list, find Enzyme, navigate to the buy section, and then trade your AUD for some MLN. Once you’ve bought Enzyme, 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 Enzyme (MLN)
|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 Enzyme
If you’re thinking about selling Enzyme, just follow the steps below.
- Sign in to the cryptocurrency exchange (like Swyftx).
- Click on Enzyme 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 Enzyme for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Enzyme 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 Enzyme 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 Enzyme. Have a look on their site first, you might be lucky.
How to buy Enzyme 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 Enzyme with your credit/debit card.
What is Nano (XNO) and how can it benefit you? Nano (XNO), is described as "digital money for the modern age". It's a lightweight cryptocurrency that allows for fast and secure payments.
RaiBlocks was the original name of the project. The coin, then called XRB, was launched in 2014 via a public faucet. Captcha challenges were a way for users to claim small amounts of XRB. Anyone with a computer or a smartphone could solve captchas to receive RaiBlocks. The number of XRB members who have solved captchas has varied over time.
Nano was rebranded in January 2018 as RaiBlocks (XRB). To better reflect the simplicity of the project's offerings, the new name was selected.
It's a peer-to-peer platform that uses a unique blocklattice information structure to enable users to transfer value to one another without the need to use centralized intermediaries.
Nano uses the Open Representative Voting (ORV) system, which allows account holders vote for the representative of their choice. This secures transactions.
Nano is extremely energy-efficient thanks to ORV, making it an environmentally-friendly alternative to proof of work (POW-based) cryptocurrencies.
Nano adopted a new symbol in November 2021. This ticker will make nano more accessible to real people.
As we've already stated, Nano transactions are extremely fast. Nano transactions can be completed in a fraction of a second, which is a significant improvement over major cryptocurrencies that take several minutes.
Nano is a fast payment method that merchants can use to accept payments when it suits them best.
Also, nano transactions are completely free. Representatives are not paid any compensation for their efforts to secure the network. There is no transaction charge. Nano is an excellent solution for micro-transactions, as users don't need to worry about paying transaction fees.
These features are possible because of its unique architecture. Nano is not built upon a distributed blockchain ledger. It is instead built on a similar ledger technology called a directed acyclicgraph.
This structure is highly reliable and can handle 1,000 transactions per minute (tps), if it has the right hardware. To maintain its integrity, it does not need an energy-intensive mining network. Digital payments can be made using nano, which is an environmentally-friendly option.