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

Harmony

Australia has a good number of trusted and regulated cryptocurrency exchanges, so it’s quite easy finding an exchange that has Harmony. 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 Harmony 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 Harmony

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

You can also check out our comparison of the best bitcoin trading platforms in Australia for those looking to learn more about which exchanges we would recommend.

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 Harmony, 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 Harmony

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

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

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

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

Frequently Asked Questions

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

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

About Harmony

Harmony, a blockchain platform that allows for the creation and use of decentralized apps (DApps), is called Harmony. This network is focused upon random state sharding, which allows the creation of blocks in seconds.

Harmony claims that it will implement cross-shard agreements by 2021, according to its website.

Harmony's mainnet is focused upon speed and validation. It is aiming to revolutionize block generation. By introducing sharding, the company was able to significantly reduce the time required for nodes to be validated.

Harmony developed the Verifiable Random function, which allows for an unpredictable and unbiased shard membership in order to validate and protect nodes. This allows validators and nodes to be assigned randomly and then re-assigned if necessary.

Harmony Grants are a program that encourages innovation and attracts developers to the Harmony mainnet.

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