How to buy Hydra (HYDRA) in Australia

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

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How to buy Hydra

1. Compare crypto exchanges

The easiest way to buy Hydra 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, paypal, wire transfer and credit or debit card payments are widely accepted.

4. Buy Hydra

You can now exchange your funds for Hydra. 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 Hydra 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 Hydra in Australia

Find an exchange to buy, sell and trade HYDRA by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.

1 - 2 of 2
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

566
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1071
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Compare up to 4 providers

Steps on how to buy Hydra

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

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

Cryptocurrencies are highly speculative assets that come with a range of risks. It is, therefore, crucial to fully evaluate both a token and its associated protocol or application. Before investing in HYDRA here are a few factors to consider:

  • Innovative solution to inflationary/deflationary debate:As with most cryptocurrencies, the prospect of inflation within token supplies warrants intense scrutiny. The team at HYDRA has created an interesting solution to this problem. By burning all transaction fees, Hydra can offer a predictable economy that also incentivises users to become stakers and/or validators within the network. The fear of price reduction from inflation is removed.
  • Team: The team behind HYDRA have many years of experience in both the financial and blockchain industries. Both founders, Nikola Alexandrov and Hristo Tenchev, previously helped to create companies within the cryptocurrency space, including Bitcoin7 exchange, which - at its height - was the third-largest cryptocurrency exchange by daily volume.
  • Layer-1 competition: Although the Hydra chain promises a predictable economy for users and decentralised application (dApp) developers, the blockchain will still need to compete with all other layer-1 blockchains that currently exist within the industry. Hydra will need to take market share away from blockchains such as Ethereum, Solana, Avalanche, and Fantom. Potential investors of HYDRA should pay close attention to the number and quality of dApps that are being developed and that are launched within the ecosystem.

How to sell Hydra

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

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

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

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