How to buy Linear (LINA) in Australia

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

Linear
LINA- USD
DECENTRALIZED-EXCHANGE
$0.04
+$0.0023 (+6.88%)

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How to buy Linear

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

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

What is Linear?

Linear Finance is a decentralised protocol specialising in unlimited liquidity, delta one synthetic assets. Delta one synthetic assets are essentially price trackers; they provide exposure to an underlying asset, like an exchange-traded fund (ETF), without actually owning the asset. On the Linear platform, users can mint synthetic assets that mimic the price of real-world assets like commodities, market funds and bonds. These synthetic assets are known as "Liquids". The purpose of using synthetic assets is to avoid the high gas fees and slow speeds that have plagued many cryptocurrency platforms. Though Linear Finance is Ethereum-based, it is cross-chain compatible, meaning it can integrate with other decentralised finance (DeFi) projects. LINA is an ERC-20 token native to the Linear network. Because Linear Finance is decentralised, its governance is determined by token holders voting on proposals regarding dApp development, synthetic asset listings and more. LINA tokens are also used for minting new synthetic assets (being held as collateral) and can also be staked or contributed to liquidity pools.

Linear (LINA) is the 298th largest cryptocurrency in the world by market cap, valued at $100,165,424. The current price of Linear is $0.03608996, which is 5.964% higher than yesterday. Prices have ranged between $0.0378343 and $0.03218932 over the past 24 hours. All prices are listed in US dollars and accurate as of July 28, 2021 09:07 UTC.

Where to buy Linear

Find an exchange to buy, sell and trade LINA 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

302
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD

278
cryptocurrencies

Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

167
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Buy 160+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

266
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.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

219
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

265
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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Linear at a glance

Information last updated July 28, 2021 09:07 UTC.
Coin symbolLINA
Total LINA supply10,000,000,000
Circulating LINA2,773,528,456
Current priceUS$0.03608996
All time highUS$0.298899

Linear price performance over time

Historical prices compared with the price of US$0.03608996.

1 hour 3.09%
24 hours 5.96%
7 days 25.34%
14 days 4.58%
30 days 66.84%
60 days -28.46%
200 days 135.25%
1 yearN/A

How to sell Linear

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

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

What to consider when buying Linear

When you are deciding whether or not to invest in LINA, it’s worth considering a few things:
  • Partnership development. Linear Finance is in the early stages of its development, but has already secured partnerships with a number of blockchain-based enterprises. Such partnerships are significant, as they help enhance Linear’s cross-chain capabilities and the platform’s continued evolution.
  • Front-running. Front-running is essentially insider trading – purchasing and selling an asset when you’re aware of the expected price outcome. This is a problem with cryptocurrency due to the decentralised nature of the blockchain as miners or validators are aware of pending transactions before they are executed. One of Linear’s key features is its synthetic, fungible assets using a dynamic price tracker which helps avoid any front-running.
  • Competition. As the DeFi ecosystem continues to develop, decentralised exchanges focusing on different niches have become more prevalent. Linear is not the only synthetic asset decentralised exchange (DEX) on the market. A number of others exist, built on varying protocols such as SEXP on Tezos, Crafting Finance on Polkadot, and Beyond Finance on Ethereum. The most popular DEX for trading synthetic assets is probably Synthetix, a major player that Linear Finance will have to contend with in its search for a broad market share.

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

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