How to buy IRISnet (IRIS) in Australia

Learn how to buy IRISnet (IRIS) easily by following a step-by-step guide and compare 10+ crypto exchanges.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

How to buy IRISnet

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

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

What is IRISnet?

IRIS is the native utility token of the IRIS Network. This network is essentially a blockchain framework that allows interaction between various blockchains and the applications built on them. The blockchain is called the IRIS Hub. It's built using the Cosmos project’s technology. In addition to supporting token transfers across blockchains, it also allows resource computation and data consumption from different systems. The blockchain uses a Bonded Proof of Stake (BPoS) consensus model, which is a variation of the Delegated Proof of Stake (DPoS) model that allows token stakers to earn additional rewards in proportion to the tokens staked. Currently, the network allows only 100 validators who are chosen based on the amount of IRIS tokens you stake and the number of tokens other users on the network delegate to you.

IRISnet (IRIS) is the 433rd largest cryptocurrency in the world by market cap, valued at $119,229,145. The current price of IRISnet is $0.100146, which is 9.445% higher than yesterday. Prices have ranged between $0.107245 and $0.090966 over the past 24 hours. All prices are listed in US dollars and accurate as of January 17, 2022 02:01 UTC.

Where to buy IRISnet

Find an exchange to buy, sell and trade IRIS 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
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

328
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

287
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

312
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

352
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID
AUD

170
cryptocurrencies

Buy 120+ different cryptocurrencies using AUD with competitive trading fees in the Australian market.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

181
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Trade and grow your retirement savings with a specialised crypto SMSF.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

940
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.
loading

Compare up to 4 providers

Is it a good time to buy IRISnet?

The technical analysis gauge for IRISnet displays real-time ratings for the timeframes you select. This is not a recommendation to buy, sell or trade. It represents a technical analysis of IRISnet based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators based on the performance of IRISnet: moving averages, oscillators and pivots. Finder is not responsible for how IRIS performs.


IRISnet at a glance

Information last updated January 17, 2022 02:01 UTC.
Coin symbol IRIS
Coin Marketcap US$119,229,145
Total IRIS supply 1,993,957,077
Circulating IRIS 1,193,557,394
Current price US$0.100146
All time high US$0.299467
All time high date April 12, 2021
Notable team members Harriet Cao, Haifeng Xi
Partnerships The Interchain Foundation, PlatON, HashKey Group
Industry Blockchain interoperability
Token uses Utility token
Network IRISnet

IRISnet price performance over time

Historical prices compared with the price of US$0.100146.

1 hour -2.13%
24 hours 9.44%
7 days 13.23%
14 days 14.15%
30 days 24.16%
60 days -14.78%
200 days 24.43%
1 year 84.43%

How to sell IRISnet

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

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

What to consider when buying IRISnet

Before you add IRIS to your investment portfolio, you should consider these factors:
  • Technical backing: The protocol is developed using the technical expertise of Bianjie AI, a high-tech firm based in China, and Tendermint, the creators of the Cosmos project. It's also involved in China’s Blockchain Service Network, which is the state-backed blockchain project. Such backing reduces the chance of failure and improves the chances of mass adoption.
  • Liquidity: Due to the backing this project has, its native token IRIS is listed on major crypto exchanges such as Binance, Huobi Global, Crypto.com and Gate.io, which ensures that there is robust liquidity for this token. Due to China’s involvement in this project, it initially focussed on the Chinese and Korean markets, but is now expanding its reach into global markets.
  • Governance: IRIS is also the governance token of the protocol. It has an integral role in its governance. The overall total supply has a 4% inflation rate since the validators are distributed block rewards. The inflation rate is decided through on-chain governance via token holders.

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


More guides on Finder

Get into cryptocurrency

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site