How to buy Altura (ALU) in Australia

Learn how to buy Altura (ALU) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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Where to buy Altura in Australia

Unfortunately, at this time no major exchanges in Australia 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.

It looks like ALU may not be available to purchase on an exchange in Australia.

You can still purchase ALU by using a decentralised exchange (DEX) instead. decentralised exchanges are web applications that run on blockchains like Binance Smart Chain (BSC) and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase ALU using a decentralised exchange.
  1. Find ALU on a decentralised exchange and make sure Altura can be traded for BNB which is the native asset of Binance. The most popular DEX on Binance Smart Chain is < ahref="">PancakeSwap.
  2. Buy BNB to trade for ALU using an exchange like . You will need to purchase enough BNB to swap for ALU as well as BNB to pay for transaction fees (known as gas) on the BSC network, which usually costs less than a dollar.
  3. Transfer the BNB into a a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade BNB for ALU on PancakeSwap, following the instructions on screen. Make sure to leave enough BNB in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the ALU tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in Australia.

What to consider when buying Altura

When deciding on whether to invest in ALU, there are a few factors to consider that may impact the price:

  • Smart NFTs. A major step forward for blockchain gaming is the implementation of Smart NFTs – in-game items that react and respond to certain stimulus. An example of this condition might be a character that evolves into a different, upgraded NFT after a certain period of time, either real-world or in-game. Another example might be dynamic statistics based on game data, such as ‘games won’ or ‘damage dealt’. Smart NFTs are still a work in progress, and their successful development will go a long way to capturing interest in Altura’s platform.
  • Cross-game items. Altura plans to accommodate the creation of cross-game items for new games built with the platform’s services. Essentially, game developers will be able to integrate certain NFT items that already exist on the Altura network into their own projects.
  • Unethical nature of loot boxes. A major drawing point for Altura is their inclusion of a loot box system, however, these have long been a point of contention within the gaming industry. Many believe loot boxes promote gambling to a younger audience and can quickly result in addiction.
  • Tokenomics. There is a total supply of 1 billion ALU BEP-20 tokens. Of that, 30% were sold via the Initial DEX Offering and 10% through private sales. Altura has allocated themselves 45% of the token supply, with 10% dedicated to the team, 10% for marketing, 15% for development and 10% as a reserve.

How to sell Altura

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

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

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

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