How to buy Cream (CREAM) in Australia
A beginner's guide to buying and selling CREAM in Australia.
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How to buy Cream
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Cream.
- Open an account on an exchange that supports CREAM.
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.
- 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 Cream.
- Buy Cream.
Complete your Cream purchase and then find the best wallet to store CREAM.
What is Cream?
Cream Finance is a DeFi protocol built on the Ethereum blockchain. The protocol supports lending and borrowing, liquidity mining, exchange, payment, asset tokenization, governance and various Automated Market Maker (AMM) protocols (DEX and DEX-like services). CREAM is the native token of the Cream Finance protocol, which is used as a governance token. Like Compound Finance from which it was forked, Cream Finance incentivizes users by rewarding them with CREAM tokens for both lending and borrowing. When you lend crypto to the liquidity pool, you will receive interest depending on the demand and supply of the asset and be rewarded with CREAM tokens for your contribution. CREAM tokens provide users with governance rights to have a say on the direction and development of the protocol. The blockchain-agnostic protocol first launched on Ethereum as a P2P lending platform and was subsequently ported to the Binance Smart Chain (BSC).
Cream (CREAM) is the 259th largest cryptocurrency in the world by market cap, valued at $101,747,379. The current price of Cream is $137.7, which is 4.573% higher than yesterday. Prices have ranged between $137.85 and $122.35 over the past 24 hours. All prices are listed in US dollars and accurate as of June 23, 2021 04:06 UTC.
Where to buy CreamFind an exchange to buy, sell and trade CREAM by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Cream at a glance
|Total CREAM supply||9,000,000|
|All time high||US$374.10|
|All time high date||February 05, 2021|
|Notable team members||Jeffrey Huang|
|Token uses||Governance, utility token|
|Network||Ethereum, Binance Smart Chain|
Cream price performance over time
How to sell Cream
You can cash out your CREAM with the same exchange you bought it through:
- Sign in to the exchange you have CREAM on.
If you store your Cream in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of CREAM you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Cream.
What to consider when buying cryptocurrencyBuying 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.
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