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

WazirX

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

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

If you’d like to know more about which exchanges we recommend, look at our comparison of the best platforms to buy cryptocurrency.

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 WazirX, 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 WazirX

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

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 WazirX

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

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

Frequently Asked Questions

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

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

About WazirX

Web3 will take some time because of the amount work involved. Projects are building bridges to other chains. DeFisector is currently developing new projects with the goal of making DeFi easier to access and manage.

Enzyme is an example of a DeFi asset management software for funds. The system can be used by investment clubs, DAO Treasurys, as well as other companies. This project is an aggregator of protocols and facilitates interactions between the rest of the DeFi sector. This project is designed to simplify asset management. This project eventually leads to greater adoption of DeFi, and through it, blockchain.

Enzyme is much more than a DeFi tool. It can solve problems and offer benefits that can be used across the entire DeFi sector. Let's take, for instance:

Transparency has been a hallmark of the cryptocurrency industry since its inception. The potential to eliminate corruption, theft, scams and make all transactions transparent, visible and accessible to everyone has been a key feature of Bitcoin's inception. Enzyme goes one step further. Enzyme aims to ensure transparency in every aspect of the execution and operation of strategies, including information about their creation, operation, and composition.

Enzyme also wants to give access to the expanding universe of DeFi tokens and protocols, as well as other information. As it stands, DeFi is only a small part of the entire blockchain universe. Each project exists within its own bubble and can be found anywhere. Web3 will bring them all together in one network that makes it simple to move between them. Enzyme is a similar project that aims to link all DeFi protocols, so users can access them from one location. Enzyme makes it possible to do all things through Enzyme: lending, staking and liquidity as well as investing in mutuals and other insurance products.

Enzyme makes it easy to access and transparently implement DeFi strategies, which contributes to the adoption of crypto and blockchain technology. In any industry that uses blockchain technology, convenience and ease of use are key ingredients. It is essential that crypto and blockchain technology be easily accessible to all people.

To be useful, they must be simple enough to understand and to use by all.

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