How to buy Adamant (ADDY) in Australia

Adamant
ADDY- USD
$19.07
+$0.56 (+3.02%)

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How to buy Adamant

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Adamant.

  1. Open an account on an exchange that supports ADDY.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Adamant.
  3. Buy Adamant.
    Complete your Adamant purchase and then find the best wallet to store ADDY.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Adamant?

Adamant Finance (ADDY) is a yield farming aggregator that operates on the Polygon network. You can think of it like Yearn Finance but for Polygon. It combines user funds to seek out the best yields on AMMs such as Quickswap and Sushiswap. It uses liquidity provider tokens which means that users are able to earn a secondary income on tokens that have already been deposited elsewhere. Furthermore, earnings are compounded regularly, which means that yields increase exponentially relative to the capital deposited. The ADDY token is awarded to liquidity providers and is staked in return for a portion of the platform earnings.

Adamant (ADDY) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of Adamant is $20.46, which is 6.081% higher than yesterday. Prices have ranged between $20.82 and $18.43 over the past 24 hours. All prices are listed in US dollars and accurate as of August 05, 2021 12:08 UTC.

Where to buy

Unfortunately, at this time no major exchanges offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.

Adamant at a glance

Information last updated August 05, 2021 12:08 UTC.
Coin symbolADDY
Current priceUS$20.46
All time highUS$86.50
Notable team membersPavel Evgenov
PartnershipsKuCoin
IndustryDecentralised messenger
Token usesUtility token
NetworkAdamant

Adamant price performance over time

Historical prices compared with the price of US$20.46.

1 hour 1.44%
24 hours 6.08%
7 days 10.56%
14 days 19.47%
30 days -38.79%
60 days -36.84%
200 daysN/A
1 yearN/A

How to sell Adamant

You can cash out your ADDY with the same exchange you bought it through:

  1. Sign in to the exchange you have ADDY on.
    If you store your Adamant in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of ADDY you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Adamant.

What to consider when buying Adamant

Potential buyers of Adamant Finance (ADDY) should do thorough research of the platform before purchasing the ADDY token, and familiarize themselves with certain risk factors such as:
  • High yields. Adamant Finance acknowledges that the high yields offered in their degen vaults are not sustainable, and as such users should check yield rates regularly.
  • Anonymous developers. The development team that manages Adamant Finance is not publicly identified. While this is common with some DeFi protocols, it also increases the risk of the protocol being compromised from within, putting user funds at risk.
  • Polygon. Polycat operates on Polygon, which is a sidechain (or layer-2) on Ethereum. This means you first need to transfer your funds from Ethereum to Polygon before you can use them on Polycat.

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

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