Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Flow. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a good number of trusted and regulated cryptocurrency exchanges, so it’s quite easy finding an exchange that has Flow. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Flow in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Flow in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Flow, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Flow.
Alternatively, if you want to know more about which exchanges we like, check our list of the where to buy cryptocurrency in Australia.
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 Flow, 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 Flow
The final step is to go to their asset list, find Flow, navigate to the buy section, and then trade your AUD for some FLOW. Once you’ve bought Flow, 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 Flow (FLOW)
|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 Flow
If you’re thinking about selling Flow, just follow the steps below.
- Sign in to the crypto exchange (like Swyftx).
- Click on Flow 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 Flow for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Flow 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 Flow 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 Flow. Have a look on their site first, you might be lucky.
How to buy Flow 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 Flow with your credit/debit card.
Developers can use Flow to create new apps and games using a fast, decentralized blockchain. Flow is the layer one blockchain, which was created by a team who have delivered consistent great consumer blockchain experiences such as CryptoKitties or Dapper Wallet.
FLOW token (FLOW), is the currency used by the Flow network. It also serves as the foundation for a digital economy that is inclusive, borderless and new. FLOW token is the fuel that powers the network's digital infrastructure. FLOW token is the currency which enables the network and all its applications to function. FLOW can be used both as a payment option as well as as a reserve currency for the entire Flow economy. To join the FLOW network, you can use the token for validation, developers, users and other purposes. You will also receive rewards. It can also be used for payment fees and participation in future protocol governance.
Flow is a Blockchain that has been designed for mainstream adoption. It is the first blockchain to include usability improvements in its protocol layer. Top developers and major brands use Flow to create new experiences with top-tier content.
Flow's rich ecosystem features top entertainment brands, venture-backed startups and development studios. Flow partners include top IP brands like Warner Music, Ubisoft, NBA and Sumo Digital, as well leading game developers such as Animoca Brands or Sumo Digital. Leaders in crypto include Binance and Circle.
Flow allows you to learn from existing solutions and improve them.
- Multi-role architecture. Flow's unique design makes it possible for the network to scale without sharding or reducing decentralization.
- Resource-oriented programming: Smart Contracts on Flow are written in Cadence, a safe programming language for crypto assets.
- Developer ergonomics: This network includes the Flow Emulator and upgradeable smart contracts. It is open to people who are interested in creating valuable products for the community.
- Onboarding for consumers: Flow was designed for mainstream consumers. Payment onramps make it easy to move from fiat currencies to crypto.