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How to buy Cartesi (CTSI) in Australia

Learn how to buy Cartesi (CTSI) on 15+ crypto exchanges in our step-by-step guide.

Cartesi (CTSI) is in the top 1,000 cryptocurrencies by market cap, valued at US$150,241,524.

Cartesi is a highly volatile asset capable of major price swings in a single day. Today CTSI is trading for $0.182932 USD, which is higher than yesterday's trading price of $0.1759071142 USD. Over the past year, Cartesi's price has seen an increase of 45%.

So before you buy Cartesi, 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 Cartesi.

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 Cartesi 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 Cartesi 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 Cartesi
    You can now exchange your funds for Cartesi. On beginner-friendly exchanges, this is as simple as entering the AUD or CTSI amount you want to purchase and clicking "buy".
  5. Secure your Cartesi
    Consider transferring your CTSI 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 Cartesi in Australia

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

1 - 5 of 15
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

845

Finder exclusive: Get up to $200 BTC when you sign up and trade certain amounts. T&Cs apply.
Go to site

Capital at risk

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

1

447

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

Capital at risk

View details
Finder Award
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

7

242

Go to site

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Swyftx
Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

3

371

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

Capital at risk

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

22

106

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

Capital at risk

View details
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How we keep this Cartesi guide up-to-date

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

What is Cartesi?

CTSI is the native token of Cartesi, a blockchain-agnostic, layer-2 operating system for dApps with highly complex computations, and highly scalable smart contracts coded by developers in a Linux environment, without compromising decentralization. Its objective is to solve the issue of scalability and high gas fees on blockchain by allowing developers to improve smart contracts using mainstream software stacks, which they are more familiar with rather than Solidity. Cartesi uses a combination of roll-ups and side-chains and can run on top of most chains. It currently supports Ethereum, Binance Smart Chain, Matic (Polygon) and Eldron. Cartesi's side-chain, Noether, has been developed for temporary data storage, for the Cartesi dApps that are meant to run on Ethereum. Noether enables developers to have access to inexpensive storage, allowing dApps to achieve high throughput. CTSI coin can be staked by users to earn mine rewards and become node validators in the Cartesi ecosystem. Node validators are selected by the proof of stake (PoS) system at random and are given the right to create the next block. Users can also use the CTSI token to pay fees on the network.

How do I find the best places to buy Cartesi?

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 Cartesi?

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 Cartesi.

  • 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 CTSI 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 Cartesi?

Once you've created an account, you will need to deposit funds to buy CTSI 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 CTSI:

  • 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 CTSI by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for CTSI on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Cartesi?

The easiest way to buy CTSI 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 CTSI, 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 Cartesi has been performing recently.

Best Cartesi wallets to store your CTSI

You can keep your CTSI 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 CTSI below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
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 Cartesi a good investment?

Below are the aspects you should consider before buying CTSI:
  • Scalability: Cartesi's ability to provide high computational scalability, by providing access to large data files at low transaction costs without compromising the blockchain, makes it a very popular solution to the issues faced with the Ethereum network.
  • Security: According to its website, Cartesi has implemented roll-ups called Descartes roll-up, which enable computation of smart contracts off-chain, on mainstream software. All computations executed by Descartes off-chain are fully verifiable and reproducible on-chain by node runners, thereby maintaining the security guarantees of the blockchain and preserving the decentralization aspect of blockchain. Descartes is currently live and running on several projects including Creol Environments, SimThunder and Carti. With Descartes, developers can make improvements to the smart contracts and solve the scalability limits of Ethereum.Proof of stake: The CTSI token is a proof of stake token maintained by the community of node operators on the network. This makes the native token of the blockchain integral to the operation of the system. As more dApps are added to the network, the demand for the CTSI tokens would also increase. The creator of the next block is chosen in proportion to their stake in the economy, so the network is run by a pulverized community of stakeholders. The network has also disincentivized bad behavior by locking and slashing the tokens of those responsible.

Today's Cartesi price versus ATH

Compare today's price of Cartesi ($0.182932 USD) against its all-time-high price of $1.74 USD on 09 May 2021. The closer the bar is to 100%, the closer CTSI is to reaching its ATH again.

Cartesi's price: $0.182932 USD
ATH date: May 09, 2021
10.51%

Cartesi ATH: $1.74 USD


How to trade, convert or sell Cartesi

You can convert or sell your CTSI with the same exchange you bought it through:
  1. Sign in to the exchange you have CTSI on.
  2. If you store your Cartesi 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 CTSI you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Cartesi.
  6. Complete your transaction and move your CTSI to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Cartesi, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CTSI 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 Cartesi or any other cryptocurrency discussed.

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