How to buy SingularityNET (AGIX) in Australia

Learn how to buy SingularityNET (AGIX) on 4+ crypto exchanges in our step-by-step guide.

SingularityNET (AGIX) is the 338th largest cryptocurrency by market cap, valued at US$280,819,662.

SingularityNET is a highly volatile asset capable of major price swings in a single day. Today AGIX is trading for $0.824068 USD, which is higher than yesterday's trading price of $0.8034601314 USD. Over the past year, SingularityNET's price has seen an increase of 170%.

So before you buy SingularityNET, 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 SingularityNET.

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

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

1 - 4 of 4
Name Product GXFCY Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Go to site
Exclusive
EXCLUSIVE
CoinSpot
Bank transfer, Credit card, Cryptocurrency, Debit card, PayID

1

500

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

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

1071

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
Paybis
Bank transfer, Credit card, Cryptocurrency, Debit card, AstroPay

49

379

Go to site

Capital at risk

View details
Crypto.com App
Bank transfer, Credit card, Crypto.com Pay, Cryptocurrency, Debit card, PayID, Apple Pay

11

312

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 SingularityNET guide up-to-date

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

What is SingularityNET?

SingularityNET is a decentralised artificial intelligence (AI) marketplace. Designed to let anyone create, share and monetise AI services, it allows users to access a global network of AI algorithms and services.

Within the AI industry, there's a sizeable disconnect between the scientists and researchers developing AI tools and the myriad businesses that want to use them. Not only is it difficult to find an AI solution customised to suit the specific needs of a business, it's also an expensive process. This is the problem that SingularityNET hopes to overcome.

AGI tokens are the native currency of the SingularityNET platform and can be used to pay for AI services. They also entitle holders to voting rights on the platform.

How do I find the best places to buy SingularityNET?

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 SingularityNET?

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 SingularityNET.

  • 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 AGIX 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 SingularityNET?

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

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

What is the easiest way to buy SingularityNET?

The easiest way to buy AGIX 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 AGIX, 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 SingularityNET has been performing recently.

Best SingularityNET wallets to store your AGIX

You can keep your AGIX 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 AGIX below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,000+

Price (USD)

$149

Price (USD)

$77.20

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

Is SingularityNET a good investment?

When considering if you want to invest in AGIX tokens, it's important to consider the following:

  • Use-case. AGIX tokens are needed to access SingularityNET. Token holders can use AGIX to purchase goods and services in the marketplace and can vote on specific governance issues concerning the network's development.
  • SingularityNET Foundation. As the network continues to evolve, SingularityNET will be regulated by a nonprofit foundation, whose activities are advised and monitored by a supervisory board. It could be worth assessing the members of this foundation and their project history within the AI or decentralised sectors.
  • Competition. As AI and blockchain technologies are independently considered by some as the next frontier of computer science, there are naturally many companies trying to combine the two. It's important to compare SingularityNET to other players in the field and assess how they stack up. Blockchain AI companies include AlphaNetworks, Figure Technologies and Core Scientific.

Today's SingularityNET price versus ATH

Compare today's price of SingularityNET ($0.824068 USD) against its all-time-high price of $1.46 USD on 10 March 2024. The closer the bar is to 100%, the closer AGIX is to reaching its ATH again.

SingularityNET's price: $0.824068 USD
ATH date: March 10, 2024
56.44%

SingularityNET ATH: $1.46 USD


How to trade, convert or sell SingularityNET

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

How to buy other cryptos


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

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