How to buy Amp (AMP) in Australia

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

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How to buy Amp

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

  1. Open an account on an exchange that supports AMP.
    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 Amp.
  3. Buy Amp.
    Complete your Amp purchase and then find the best wallet to store AMP.
Disclaimer: This information is for educational purposes only and should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Amp?

Amp is the native token for the Flexa payment platform. Flexa is a payment network that allows users to spend Bitcoin and other cryptocurrencies at retailers such as Nordstrom, Barnes & Nobles and Lowe’s. Flexa payment is accepted in over 40,000 stores in the US and Canada. Using Flexa, you can make instant and fraud-proof payment to retailers without the need to disclose sensitive personal information. As a Flexa user your spending limit is capped at $US250 per week which resets to zero every Friday. Amp is the token that makes Flexa’s instant payment authorisations possible. Think of Amp as crowdsourced collateral i.e. security to decentralise payment risk. As an Amp holder you can stake Amp tokens which will be used to guarantee payment transactions in different currencies.

Amp (AMP) is the 27th largest cryptocurrency in the world by market cap, valued at $4,022,818,026. The current price of Amp is $0.083744, which is 9.209% higher than yesterday. Prices have ranged between $0.094876 and $0.076445 over the past 24 hours. All prices are listed in US dollars and accurate as of June 20, 2021 10:06 UTC.

Where to buy Amp

Find an exchange to buy, sell and trade AMP 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
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

40
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
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Amp at a glance

Information last updated June 20, 2021 10:06 UTC.
Coin symbolAMP
Total AMP supply99,219,803,434
Circulating AMP48,009,650,954
Current priceUS$0.083744
All time highUS$0.120813
PartnershipsConsenSys, Gemini
IndustryCollateral token
Token usesValue transfer
NetworkEthereum

Amp price performance over time

Historical prices compared with the price of US$0.083744.

1 hourN/A
24 hours 9.21%
7 days 41.48%
14 days 97.92%
30 days 73.19%
60 days 67.35%
200 days 1,280.58%
1 yearN/A

How to sell Amp

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

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

What to consider when buying cryptocurrency

Buying cryptocurrency can be a risky endeavor, but there are precautions you can take to help mitigate risk:
  • Don't FOMO buy coins: Spend time researching a coin before you decide to invest, particularly if the coin's price is spiking for seemingly no reason.
  • Stick with well known exchanges: Unless you're an experienced cryptocurrency trader, stick to more well known crypto exchanges to help avoid the possibility of losing your money in a scam. When possible, store your crypto on a hardware wallet instead of on an exchange.
  • Look into the coin's founders and developers: Anonymous teams are often a red flag, so if you can't find details on the creator of the coin you may want to consider investing in a different cryptocurrency.

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

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