How to buy FLEX Coin (FLEX) in Australia

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

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How to buy FLEX Coin

1. Compare crypto exchanges

The easiest way to buy FLEX Coin 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 – bank transfer, cryptocurrency, credit or debit card and sepa payments are widely accepted.

4. Buy FLEX Coin

You can now exchange your funds for FLEX Coin. 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 FLEX Coin 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 FLEX Coin in Australia

Find an exchange to buy, sell and trade FLEX 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
Liquid Cryptocurrency Exchange & Margin Trading
★★★★★(0)
Liquid Cryptocurrency Exchange & Margin Trading
Bank transfer, Cryptocurrency, Credit or Debit Card, SEPA, SWIFT
AUD, EUR, JPY, USD, SGD, PHP, HKD

132
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Liquid is a unified, globally-sourced trading platform that bridges the worlds of fiat and crypto.
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Compare up to 4 providers

Steps on how to buy FLEX Coin

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

  1. Compare cryptocurrency exchanges that support FLEX.
    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 FLEX Coin.
  4. Buy FLEX Coin.
    Complete your FLEX Coin purchase and then find the best wallet to store FLEX.
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 FLEX Coin

Every altcoin investment should be thoroughly researched. Both the token and the associated platform or project should be evaluated to look for potential upsides and downside risks. Here are a few factors to consider before investing in FLEX:

  • AMM+: The developers believe that its AMM+ platform offers several advantages over competitors, such as Uniswap. These advantages include the ability to access derivative trading, lower taker fees, faster order books, more capital efficiency, and the ability to deposit trading collateral in any asset.
  • Backers: CoinFLEX is backed by notable companies and public figures in crypto, including Polychain Capital, Dragonfly Capital, Roger Ver, Doug Polk, and Mike Komaransky. A well-established collection of partnerships, companies and supporters backing the project is usually an encouraging sign for future development.
  • Staking: Users can stake FLEX for different lengths of time ranging from two weeks to four years. Staking rewards are generated by collecting 10% of the exchange’s revenue and 10% of quarterly profits. The longer the staking period chosen by FLEX holders, the bigger the reward. Note: staking FLEX requires locking the assets in the FLEXDAO. They can only be retrieved once the staking period concludes.
  • Tokenomics: FLEX has a maximum supply of 100 million tokens. 10% of the protocol’s profits and 10% of the overall revenue is allocated to buying and burning FLEX tokens. This will place deflationary pressure on the token supply over time. At the time of writing, the maximum supply has already reduced to 98.7 million.
  • Security: Most of CoinFLEX’s infrastructure is built on, or being migrated to, the SmartBCH sidechain. The SmartBCH sidechain leverages the security of the Bitcoin Cash network, which means all transactions executed on CoinFLEX should remain secure. While the Bitcoin Cash blockchain has arguably withstood the test of time and should ensure stable security, SmartBCH is a relatively recent layer-2 deployment that still needs to be tested thoroughly. Any disruptions to SmartBCH will have a direct impact on CoinFLEX’s operability.

How to sell FLEX Coin

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

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

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

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