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

Helium

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

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

Or, if you’d like to learn more about the exchanges we prefer, read our list of the best sites to buy bitcoin in Australia.

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 Helium, 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 Helium

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

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 Helium

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

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

Frequently Asked Questions

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

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

About Helium

Helium (HNT), which is a blockchain-powered, decentralized network for Internet of Things (IoT) devices (IoT), can be found.

In July 2019, the Helium mainnet went live. It allows low-powered wireless devices to transmit and receive data via its network of nodes.

Nodes are called hotspots. They are a combination of a wired gateway as well as a mining device. Users can use the nodes to mine Helium's native cryptocurrency token, HNT, and earn rewards.

Helium's mission will be to make IoT communication possible in the future. It will begin identifying inadequacies in the existing infrastructure in 2013.

Helium, a company that works to improve the communication capabilities of IoT devices via wireless Internet of Things (WiFi), is called Helium. In 2013, the infrastructure surrounding IoT was still young. Developers wanted decentralization to be part of their offerings so they named it "The People's Network" in official literature.

It will be of interest to IoT device users and anyone else who is interested in IoT. Additional outreach opportunities are available through financial incentives

Hotspots can be described as a combination of a wireless router, a miner, and network participants are able to purchase or create them. Each hotspot covers an area and mines Helium’s native token HNT.

Proof-of-coverage, a new algorithm that allows network members to reach consensus even if connections quality is variable, is a new method. It is based on HoneyBadger BFT protocol.

Transaction fees are paid in Data Credits, an additional token. They are not transferable and cannot be tied to particular users.

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