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Where to buy DeFi Kingdoms in Australia
Unfortunately, at this time no major exchanges in Australia offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
What to consider when buying DeFi Kingdoms
JEWEL is the native crypto asset of the DeFi Kingdoms ecosystem. It’s uses are manifold and like most other digital assets in the market today, is subject to a lot of volatility. Here are some key aspects of the project worth considering.
- Built atop the Harmony blockchain: DeFi Kingdoms has been designed on top of Harmony Protocol and makes use of its native crypto asset ONE for the facilitation of various internal processes. According to CoinGeckoCoingecko ONE can easily be purchased via a number of prominent trading platforms including Binance, Kucoin, Crypto.com, amongst others.
- Low transaction costs:While the game is absolutely free to play, there is a transaction cost levied each time a player interacts with the system’s central blockchain infrastructure. That said, owing to the fact that DeFi Kingdoms uses Harmony, its native fee rates are extremely low — usually less than a cent.
- Multiple reward avenues:According to the official project whitepaper Coingecko once a player has entered the game, they can choose to earn incentives in a number of different ways. For example, they can choose to add funds to the liquidity pools in the Marketplace, stake LP Tokens across the platform’s various ‘Gardens’ or supply JEWEL tokens to the game’s bank infrastructure.
- Highly useful token setup: JEWEL tokens can be used for a number of different in-game purposes ranging from purchasing NFTs (such as Heroes and Kingdoms), acquiring game items, speeding up build times, etc. That said, they are also useful when it comes to various liquidity mining purposes as well as staking. Lastly, JEWEL tokens also afford holders various governance rights in relation to the project’s future development and continued growth.
How to sell DeFi Kingdoms
You can cash out your JEWEL with the same exchange you bought it through:
- Sign in to the exchange you have JEWEL on.
If you store your DeFi Kingdoms in a digital wallet, compare crypto exchanges to sell it on. - Place a sell order.
Choose the amount of JEWEL you'd like to sell. - Complete your transaction.
Confirm the sell price and fees and close your sale of DeFi Kingdoms.
Disclaimer: Cryptocurrencies, including DeFi Kingdoms, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of JEWEL 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 DeFi Kingdoms or any other cryptocurrency discussed.
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