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How to buy Ankr Network (ANKR) in Australia

Learn how to buy Ankr Network (ANKR) on 18+ crypto exchanges in our step-by-step guide.

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Binance Australia

Binance Australia logo
  • Trade ANKR and 375 other cryptos.
  • Earn yield on your crypto holdings.
  • Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.
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Ankr Network (ANKR) is in the top 1,000 cryptocurrencies by market cap, valued at US$487,108,546.

Ankr Network is a highly volatile asset capable of major price swings in a single day. Today ANKR is trading for $0.04827808 USD, which is higher than yesterday's trading price of $0.047347382 USD. Over the past year, Ankr Network's price has seen an increase of 45%.

So before you buy Ankr Network, make sure you understand these unique risks as well as its legal and tax status here in Australia.

If you're ready to get started, read on for step-by-step instructions on how you can use to buy Ankr Network.

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy Ankr Network in 5 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Ankr Network is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Ankr Network
    You can now exchange your funds for Ankr Network. On beginner-friendly exchanges, this is as simple as entering the AUD or ANKR amount you want to purchase and clicking "buy".
  5. Secure your Ankr Network
    Consider transferring your ANKR to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Ankr Network in Australia

Find an exchange to buy, sell and trade ANKR by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 20
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Apple Pay, Google Pay, SWIFT

7

235

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID

1

447

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
Swyftx
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID

3

352

Get $20 in BTC when you verify your account. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
eToro Crypto
Bank transfer, Credit card, Debit card, Neteller, PayPal, Skrill, eToro Money

20

83

Get a US$50 bonus when you buy at least US$500 in crypto. T&Cs apply.

Capital at risk

View details
Finder Award
OFFER
Binance Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID, Simplex, Banxa, Apple Pay, Google Pay

82

376

Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Ankr Network guide up-to-date

  • ANKR price data is regularly updated through data feeds so you always have the latest information.

What is Ankr Network?

ANKR is the native token of the Ankr Network built on the Ethereum blockchain. The Ankr network is a distributed computing platform enabling developers to deploy decentralised applications (dApps) on various blockchains in an efficient and cost-effective way. The ecosystem can be utilised by resource providers, those in demand of resources, application developers and consumers. According to Ankr documentation, the four components of the ecosystem include: 1) data centres that monetise idle computing resources, 2) the Ankr blockchain that deals with payments and governance, 3) the Ankr cloud which finds resources and users and 4) the Ankr app store that provides quick deployment of blockchain nodes. By combining these four elements Ankr is able to match resource providers with developers in an efficient decentralised platform. The ANKR token is integral to the network. It is used to pay for services on the platform and is used to incentivise network participation. Ankr can be used to pay for node deployment and application usage. The token can also be staked to help validate and secure the network. Additionally, the token can be used to make donations towards non-profit cloud commuting organisations like BOINC.

How do I find the best places to buy Ankr Network?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Ankr Network?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Ankr Network.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ANKR with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Ankr Network?

Once you've created an account, you will need to deposit funds to buy ANKR with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy ANKR:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase ANKR by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for ANKR on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Ankr Network?

The easiest way to buy ANKR is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ANKR, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Ankr Network has been performing recently.

Best Ankr Network wallets to store your ANKR

You can keep your ANKR on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ANKR below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Ankr Network a good investment?

Cryptocurrency purchases should not be taken lightly. Due to the volatility of the cryptocurrency markets, each purchase should be evaluated for potential upside and risks. These are a few things to consider for ANKR:
  • Supply. The maximum supply of ANKR tokens is fixed. No more than 10 billion tokens will be minted. At the time of writing, current circulation is approximately 6.7 billion.
  • Proof-of-Useful-Work (PoUW): Based on the PoUW consensus, the network has built a self-sustainable blockchain framework. Unlike Bitcoin, Ankr does not waste unnecessary electricity and computing power. The PoUW consensus unlocks the massive potential of idle computing power. This is a much more sustainable idea that may provide interest in the future.
  • Scalability. Ankr is currently built on the Ethereum blockchain, which comes with its own limitations, such as network congestion. Secondly, as the platform relies on resource-provided computational power, if successful and popular, could the platform be limited by the computational power it can provide?

Today's Ankr Network price versus ATH

Compare today's price of Ankr Network ($0.04827808 USD) against its all-time-high price of $0.213513 USD on 16 April 2021. The closer the bar is to 100%, the closer ANKR is to reaching its ATH again.

Ankr Network's price: $0.04827808 USD
ATH date: April 16, 2021
22.61%

Ankr Network ATH: $0.213513 USD


How to trade, convert or sell Ankr Network

You can convert or sell your ANKR with the same exchange you bought it through:
  1. Sign in to the exchange you have ANKR on.
  2. If you store your Ankr Network in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ANKR you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Ankr Network.
  6. Complete your transaction and move your ANKR to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Ankr Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ANKR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ankr Network or any other cryptocurrency discussed.

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