⚡️⚡️⚡️
With energy prices rising, switch to a cheaper plan
💡
Compare Prices Now
⚡️⚡️⚡️

How to buy AMO Coin (AMO) in Australia

Learn how to buy AMO Coin (AMO) in our step-by-step guide.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

You can buy AMO Coin (AMO) on a cryptocurrency exchange like Bithumb. These specialised marketplaces that allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. AMO is a decentralised network built on Ethereum infrastructure with a view to sharing automobile data among a community of users. Here's how to buy AMO Coin.

How to buy AMO Coin in 4 easy 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 AMO Coin 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 $ using the payment method that best suits you – cryptocurrency payments are widely accepted.
  4. Buy AMO Coin
    You can now exchange your funds for AMO Coin. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your AMO Coin to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy AMO Coin in Australia

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.

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bithumb Cryptocurrency Exchange
Bithumb Cryptocurrency Exchange
Cryptocurrency
KRW

200
cryptocurrencies

A global platform where users can make KRW and cryptocurrency deposits to purchase up to 15 popular cryptocurrencies.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
loading

Compare up to 4 providers

How do I find the best places to buy AMO Coin?

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 AMO Coin?

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 AMO Coin.

  • 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 AMO 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.

Where can I buy AMO Coin with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy AMO with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy AMO on the following exchanges:

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

What is the easiest way to buy AMO Coin?

The easiest way to buy AMO 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 AMO, 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 Analysis tools to get an idea of how the price of AMO Coin has been performing recently.

Best AMO Coin wallets to store your AMO

You can keep your AMO 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 learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is AMO Coin a good investment?

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.

Additional information about AMO Coin can be found using our AMO analysis tools.

Today's AMO Coin price versus ATH

Compare today's price of AMO Coin ($0.0011776 USD) against its all-time-high price of $2020-03-13T02:38:57.453Z USD on 01 January 1970. The closer the bar is to 100%, the closer AMO is to reaching its ATH again.

AMO Coin's price: $0.0011776 USD
ATH date: March 13, 2020
7.39%

AMO Coin ATH: $0.01594326 USD


How to trade, convert or sell AMO Coin

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

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.

More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site