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

Moonriver

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

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

You can also check out our comparison of the cryptocurrency trading platforms if you’re 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 Moonriver, 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 Moonriver

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

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 Moonriver

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

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

Frequently Asked Questions

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

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

About Moonriver

Moonriver is an Ethereum-compatible smart contract parachain on Kusama. It will serve as a companion network to Moonbeam, and provide an incentivized permanent network of canaries. Moonriver will be the first to receive the new code. The code can then be verified under real economic conditions. After it has been proven, the code can be sent to Moonbeam via Polkadot.

This is accomplished by providing an EVM implement, a Web3 compatible interface and bridges to link Moonriver with existing Ethereum network.

Developers are able to deploy existing Solidity frontends and DApp Frontends to Moonriver with no modifications.

Moonriver, a decentralized smart contract platform, requires a utility token to function. MOVR is a key component of Moonriver's design. It cannot be removed without compromising its essential functionality. These are the Moonriver tokens.

  • Supporting smart contract execution gas metering
  • Incentivizing collators and powering mechanics of creating a decentralized network infrastructure that can be used to run the platform,
  • Facilitating the on-chain governance mechanism. This includes proposing referenda or electing members to council.
  • Network transaction fees to pay

Moonriver tools and integrations include:

  • Metamask and Remix IDE are just a few of the Ethereum development tools. Other toolkits include Truffle, Ethers.js, and web3.js.
  • Oracle integrations such as Chainlink, Band Protocol, and Razor are possible.
  • API & Infrastructure Integrations - Onfinality, Covalent
  • Wallets: Mathwallet, Polkadot.js, Metamask, AirGap
  • Acala. Partnerships with other Polkadot chains PolkadotaEUR(tm)s relay chain, Equilibrium. Kilt. Phala. Crust
  • Bridges: Chainbridge, Ren, Interlay, Snowfork, Axelar
  • Block explorers - Subscan, Polkadot.js, Blockscout*
  • DeFi Protocols: Balancer, SushiSwap, Offshift, IDEX, Linear Finance, Injective Protocol
  • Assets & Issuance Partners – Ocean Protocol, AllianceBlock AMPnet Poolz Polkastarter and Kilt
  • DApps: Human Protocol, Polkacover, BePro

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