Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Injective Protocol. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!
Australia has a decent amount of popular and regulated cryptocurrency exchanges, so it’s quite easy finding an exchange that has Injective Protocol. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.
Let’s get into it!
How to Buy Injective Protocol in Australia
There are only 4 main steps involved and it’s pretty straightforward:
1. Choose a crypto exchange
As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Injective Protocol in its list of cryptocurrencies.
Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.
And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.
So for this guide on buying Injective Protocol, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Injective Protocol.
It’s also possible to check out our comparison of the crypto brokers in Australia for those interested in learning more about which ones 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 Injective Protocol, 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 Injective Protocol
The final step is to go to their asset list, find Injective Protocol, navigate to the buy section, and then trade your AUD for some INJ. Once you’ve bought Injective Protocol, 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 Injective Protocol (INJ)
|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 Injective Protocol
If you’re thinking about selling Injective Protocol, just follow the steps below.
- Sign in to the crypto exchange (like Swyftx).
- Click on Injective Protocol 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 Injective Protocol for AUD, or trade it for another cryptocurrency.
Frequently Asked Questions
Is buying Injective Protocol 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 Injective Protocol 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 Injective Protocol. Have a look on their site first, you might be lucky.
How to buy Injective Protocol 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 Injective Protocol with your credit/debit card.
About Injective Protocol
Users can access unlimited decentralized financial market options with Injective. Injective's crosschain, zero-fee, secure, and fully decentralized exchange protocol makes it possible to create any type or financial market.
The Injective Chain is designed to support Ethereum compatible DeFi apps. It is capable of reaching instant finality and sub-2 second block time. Transaction speeds up to 10,000 TPS can also be achieved.
A central order book is the backbone of Injective's trading infrastructure. The central limit order book, which is a combination of decentralized exchanges' transparency and speed, combines the ease-of-use and speed of centralized exchanges. The Injective decentralized exchange protocol, which is unique, can facilitate cross-chain trading of crypto, perpetuals, and futures across multiple blockchains such as Cosmos, BSC and Ethereum.
Injective hosts over 100+ projects and has more than 200K+ members. Injective is supported by prominent investors such as Mark Cuban, Pantera Capital and Binance.
Injective makes it possible for anyone to create, trade and access unlimited DeFi markets. Injective makes it possible to trade complex financial derivatives such as crypto, perpetuals and futures in a totally decentralized manner. Trades are executed in lightning speed, with instant finality, no fees and without any gas fees. Trades can be made seamlessly between different blockchain networks such as Cosmos and Ethereum using Injective. Injective is also able to facilitate trades between Cosmos projects such as Terra.
Injective is the first custom interoperable protocol to support decentralized financial applications. Anyone can create cross-chain DApps using Ethereum-based technology. These DApps offer instant finality and transaction speeds, along with unparalleled developer incentives.
The native Ethereum-compatibility allows developers to leverage existing Ethereum tooling to supercharge their DApps. Anyone can run DeFi applications on parallel chains to reach millions of users at an infinite scale.