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How to buy MANTRA DAO (OM) in Australia

Learn how to buy MANTRA DAO (OM) on 8+ crypto exchanges in our step-by-step guide.

+ $0.000013 ( + 0.03%)

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You can buy MANTRA DAO (OM) on a cryptocurrency exchange like CoinSpot. These specialised marketplaces that allow you to buy and sell cryptocurrencies, and work similar to stock trading platforms. MANTRA DAO is a decentralised finance (DeFi) platform that specialises in staking, lending and governance in a decentralised manner. Here's how to buy MANTRA DAO.

How to buy MANTRA DAO in 4 easy steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy MANTRA DAO 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, bpay, cash and cryptocurrency payments are widely accepted.
    You can now exchange your funds for MANTRA DAO. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your MANTRA DAO 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 MANTRA DAO in Australia

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

1 - 5 of 13
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID


CoinSpot lets you buy, sell and swap 100s of cryptos from its simple-to-use desktop or app trading accounts.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID


Finder Exclusive: Receive $20 BTC on sign-up and verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID


Finder Exclusive: Receive $10 BTC on sign-up and verification.
An Australia-based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID


Earn up to USD100 in rewards by completing welcome offer tasks within 7 days of sign up. T&Cs apply.
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.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking


Finder Exclusive: Get $10 BTC after verification. T&Cs apply.
Buy 280+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.

Compare up to 4 providers

How do I find the best places to buy MANTRA DAO?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy MANTRA DAO?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading MANTRA DAO.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing OM with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

Where can I buy MANTRA DAO with a credit or debit card?

Once you've created an account, you will need to deposit funds to buy OM with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are popular deposit methods to buy OM on the following exchanges:

Bank deposit
Card deposit
Crypto deposit
Buy OM
Go to CoinSpot Cryptocurrency Exchange
Go to Swyftx Cryptocurrency Exchange
Go to Digital Surge Cryptocurrency Exchange
  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase OM by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for OM on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy MANTRA DAO?

The easiest way to buy OM is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying OM, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our Analysis tools to get an idea of how the price of MANTRA DAO has been performing recently.

Best MANTRA DAO wallets to store your OM

You can keep your OM on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can learn more about wallets and compare them with our comprehensive guide.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is MANTRA DAO a good investment?

As investing in volatile assets like cryptocurrencies can often be a risky endeavour, here are the aspects you can consider before adding OM to your portfolio:
  • DAO: This protocol operates as a Decentralised Autonomous Organisation (DAO) which entails that its operations don’t reside in a single location and there is no need for human intervention for its governance as autonomous smart contracts govern the protocol. This is seen as a highly-coveted way of running a protocol for cryptocurrency purists as it highly reduces the chances of biased malicious activity.
  • USDOM Stablecoin: The development team is currently working on USDOM, the native stablecoin of the platform. It is touted to be similar to MakerDAO’s DAI stablecoin in the way that it will also be pegged 1:1 to the US Dollar in a multi-collateralised manner, through collateralised debt positions (CDPs). In addition to DAI’s capability of using only ERC-20 assets to back it, USDOM could be backed by any asset supported by the Polkadot network, including BTC, ADA, ETH, EOS, XTZ, OM, etc. The assets chosen to back the stablecoin will depend on the asset’s liquidity and votes in the governance process. The launch of this stablecoin could increase the prominence of the protocol and its token in the market.
  • Supply and tokenomics: The OM token has its maximum supply capped at 889 million tokens and currently has a circulating supply of 350 million tokens. The largest proportion of the tokens – that is, 30% – are reserved for staking rewards indicating their focus on staking. The second-highest portion – 17.5% – is reserved for the team and advisors, while 12.5% each is reserved for referrals and grants, and 10% of the tokens are held as reserves. The remaining 17.5% is for sales, with 9% being given out at private sales and 8.5% at public sales.

Additional information about MANTRA DAO can be found using our OM analysis tools.

Today's MANTRA DAO price versus ATH

Compare today's price of MANTRA DAO ($0.04993917 USD) against its all-time-high price of $0.860573 USD on 15 March 2021. The closer the bar is to 100%, the closer OM is to reaching its ATH again.

MANTRA DAO's price: $0.04993917 USD
ATH date: March 15, 2021


How to trade, convert or sell MANTRA DAO

You can convert or sell your OM with the same exchange you bought it through:
  1. Sign in to the exchange you have OM on.
  2. If you store your MANTRA DAO in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of OM you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of MANTRA DAO.
  6. Complete your transaction and move your OM to a wallet for storage.

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

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