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

EOS

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

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

If you’d like to learn more about the exchanges we prefer, read our comparison of the trusted crypto exchanges.

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 EOS, 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 EOS

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

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

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How to Sell EOS

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

  1. Sign in to the crypto exchange (like Swyftx).
  2. Click on EOS 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 EOS for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

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

How to buy EOS 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 EOS with your credit/debit card.

About EOS

EOS (or Decentralized Apps) is a platform that developers can use to create decentralized apps.

The project's goal is to make it easier for programmers to use blockchain technology, and to make the network more accessible than other networks. Developers looking to build functional apps quickly will find educational resources and tools to assist them.

Another priority is to provide greater scalability over other Blockchains. These blockchains are limited in their ability to process less than a dozen transactions per second.

EOS also aims to make users and businesses more happy. EOS strives to make consumers feel more secure and to reduce friction. EOS also aims at increasing flexibility and compliance for business.

The blockchain was officially launched in June 2018.

EOS.IO could also be considered an operating platform like iOS or Windows. EOS.IO is designed to be familiar to its users. EOS.IO can easily be compared with iOS or Windows, but EOS.IO represents the cryptocurrency that drives it.

According to the company, it can manage hundreds of thousands or more DApps without requiring them to be used by large numbers. Parallel execution and modularity are the keys to this efficiency.

Block producers can be voted for by token holders in an unusual twist.

EOS is unique in a few ways that critics do not like. Block.one may be too involved in the project, which could prove to be problematic because that is what cryptocurrency and blockchain were meant to do.

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