How to buy AMO Coin (AMO) in Australia

A beginner's guide to buying and selling AMO in Australia.

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How to buy AMO Coin

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

  1. Open an account on an exchange that supports AMO.
    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 AMO Coin.
  3. Buy AMO Coin.
    Complete your AMO Coin purchase and then find the best wallet to store AMO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is AMO Coin?

AMO is a decentralised network built on Ethereum infrastructure with a view to sharing automobile data among a community of users. How many people go to a mechanic and, upon receiving the bill, are unsure of what’s a legitimate cost or if they’re being extorted? AMO intends to take the guesswork out of automobile ownership, allowing consumers to take control of their finances. By sharing data from repairs, travel times, petrol costs and consumption, not only will it aim to assist automobile users, but service providers and car manufacturers too. No longer will pivotal data be controlled by centralised, private business. Instead, it will be a public asset that all automobile owners can contribute to. AMO plans to create an "AMO market", where a high level of adoption and rewards will incentivise users to distribute their data to others in the community. An application known as the "AMO Data Collector" will be employed to collect and share this data, creating a high-value network that will increase efficiency and knowledge in the vehicle sector. AMO is the native ERC-20 token of the AMO network and it's used to incentivise users to collate and share important automobile data. By integrating with third parties (governments, car manufacturers, dealerships, etc.), the AMO token will allow for seamless purchasing of data among users.

AMO Coin (AMO) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of AMO Coin is $0.00222463, which is -0.000% lower than yesterday. Prices have ranged between $0.0022957 and $0.00215411 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 11:09 UTC.

Where to buy AMO Coin

Find an exchange to buy, sell and trade AMO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bithumb Cryptocurrency Exchange
Cryptocurrency
KRW

191
cryptocurrencies

A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
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Compare up to 4 providers

AMO Coin at a glance

Information last updated September 24, 2021 11:09 UTC.
Coin symbolAMO
Coin MarketcapN/A
Total AMO supply19,679,012,761
Current priceUS$0.00222463

AMO Coin price performance over time

Historical prices compared with the price of US$0.00222463.

1 hourN/A
24 hours -0.00%
7 days -0.54%
14 days -1.65%
30 days 0.28%
60 days -3.68%
200 days -22.72%
1 year 63.42%

How to sell AMO Coin

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

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

What to consider when buying AMO Coin

Before you jump into investing in AMO, it is important to perform due diligence and understand some of the elements that may impact AMO’s price:
  • Competition. As developers continue to think of new ways to bring the blockchain’s power to sectors other than finance, automobile solutions have become projects of interest. As such, AMO is not the only network attempting to disrupt the industry. Protocols such as DAV, carVertical, and GEM are all in competition with AMO for a share in the blockchain-based auto industry.
  • Development. AMO is a Korean startup, and presently most of the available data and use cases are intended for South Korea. Whether AMO is able to expand globally and distribute their services to other nations may have a major impact on the viability of AMO as an investment opportunity.
  • Adoption. For AMO to thrive, a major onboarding and adoption process will be vital. Creating a network of users willing to share data is reliant on exactly that – willing users. Without the required community numbers, data will become less reliable and the overall function of AMO weakened. AMO’s project goal is no doubt ambitious, and much of its success will be determined by user uptake. Investors may want to keep an eye on token distribution and the number of users signed up to AMO applications to determine the network’s popularity trends.

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

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