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How to buy CRYPTO20 (C20) in Australia

Learn how to buy CRYPTO20 (C20) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

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How to buy CRYPTO20

1. Compare crypto exchanges

The easiest way to buy CRYPTO20 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 CRYPTO20

You can now exchange your funds for CRYPTO20. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your CRYPTO20 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 CRYPTO20 in Australia

Find an exchange to buy, sell and trade C20 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
IDEX Cryptocurrency Exchange
★★★★★(0)
IDEX Cryptocurrency Exchange
Cryptocurrency
-

257
cryptocurrencies

A decentralised cryptocurrency exchange where you can trade over 250 ERC20 tokens.
View details
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Compare up to 4 providers

Steps on how to buy CRYPTO20

Look for an exchange that supports both fiat and cryptocurrency to simplify buying CRYPTO20.

  1. Compare cryptocurrency exchanges that support C20.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. 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 CRYPTO20.
  4. Buy CRYPTO20.
    Complete your CRYPTO20 purchase and then find the best wallet to store C20.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying CRYPTO20

As with any investment, it is vital you understand the risks and potential upside of the asset before making any financial decision. With regards to C20, here are a few things to consider:

  • Understanding exposure: It is important to remember that by investing in C20 a user is gaining exposure to the top 20 cryptocurrencies ranked by market capitalisation. This list will change with time, and the fund will change accordingly. Investors of C20 should keep track of published updates from Invictus Capital and follow which coins are currently being held within the fund and at what percentage weighting.
  • The market will move price: The value of the C20 token is directly linked to the value of the top 20 cryptocurrencies ranked by market capitalisation at any one time. Unlike other cryptocurrencies that will rise and fall based on demand for an associated protocol or application, the C20 token will only rise and fall based upon the value of the cryptocurrency markets.
  • Centralised: Although the token was developed and is transferred via the Ethereum blockchain, control and management of the token lie with Invictus Capital. As a result, any issues with Invictus Capital will directly impact the value of the C20 token.
  • Simplifies diversification: The advantageous diversification aspect of using an index fund can remove the sometimes paralysing decision-making process involved with choosing individual cryptocurrencies. In the traditional equity markets, index funds have been known to outperform actively managed portfolios, which may encourage users to adopt the C20 token.
  • Fees: Like traditional index products, the management of the C20 tokens comes with an annual fee. Although the annual 0.5% fee is low, it still may be enough to deter investors from choosing the C20 token over selecting cryptocurrencies individually.

How to sell CRYPTO20

You can cash out your C20 with the same exchange you bought it through:

  1. Sign in to the exchange you have C20 on.
    If you store your CRYPTO20 in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of C20 you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of CRYPTO20.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including CRYPTO20, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of C20 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 CRYPTO20 or any other cryptocurrency discussed.

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