How to buy Energi (NRG) in Australia

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

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How to buy Energi

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

  1. Open an account on an exchange that supports NRG.
    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 Energi.
  3. Buy Energi.
    Complete your Energi purchase and then find the best wallet to store NRG.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Energi?

Energi is a Proof-of-Stake (PoS) protocol that offers a number of decentralised financial solutions. Built on its own blockchain, Energi adopts smart contracts native to Ethereum and combines them with a self-funding treasury and a completely autonomous, community-based governance system. Energi uses substantial masternodes (40% of the network’s tokens being held in these) to operate the economic side of the network by validating transactions. As it incorporates a number of elements from the Ethereum protocol, decentralised applications can be integrated with Energi. An example of this is Energiswap, the decentralised exchange (DEX) that allows users to swap and provide liquidity to a vast number of popular token pairs. As of July 2021, Energi’s operation has expanded to include a global team of over 60 people. NRG is the utility token of the Energi network and is used for economic stability, transactions, staking and governance.

Energi (NRG) is the 457th largest cryptocurrency in the world by market cap, valued at $84,596,803. The current price of Energi is $1.87, which is -9.718% lower than yesterday. Prices have ranged between $2.09 and $1.84 over the past 24 hours. All prices are listed in US dollars and accurate as of September 20, 2021 08:09 UTC.

Where to buy Energi

Find an exchange to buy, sell and trade NRG 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
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

255
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Energi at a glance

Information last updated September 20, 2021 08:09 UTC.
Coin symbolNRG
Circulating NRG45,106,126
Current priceUS$1.87
All time highUS$10.19

Energi price performance over time

Historical prices compared with the price of US$1.87.

1 hour 0.45%
24 hours -9.72%
7 days 2.40%
14 days -1.41%
30 days 14.32%
60 days 38.27%
200 days -8.07%
1 year 30.81%

How to sell Energi

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

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

What to consider when buying Energi

Like with all investments, due diligence is required before deciding to purchase NRG. Here are some things to consider:
  • Tokenomics. NRG’s tokenomics are relatively unique compared to other coins. Each month, 1 million NRG coins are released and divided among 4 elements – the Treasury (development funding), Masternodes (transaction validation), Staking (securing the network) and Backbone (distributed to the network’s founder). As 10% of the total token supply will be provided to the original creator, the pool of available tokens will be perpetually diluted.
  • Competition. Energi’s interoperability is a major selling point, with users able to access a vast number of cross-chain tokens. Continued development in this space will be significant, as a huge number of decentralised platforms offer similar staking, swapping and liquidity provision services.
  • Energi X. Energi X is a new venture by the Energi team that is scheduled for public release in Q4 2021. This service intends to offer the commission-free exchange of NRG-based tokens, as well as integration with synthetic assets. The success of this project will have a large influence on the overall price of the NRG token, so it is worth following its development.

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

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