How to buy Mdex (MDX) in Australia

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

Mdex
MDX- USD
$0.10
- $0.0040 ( - 3.96%)
DECENTRALIZED-EXCHANGE

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How to buy Mdex

1. Compare crypto exchanges

The easiest way to buy Mdex 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.

4. Buy Mdex

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

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

1 - 6 of 8
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

364
cryptocurrencies

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
AUD, NZD

313
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.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

304
cryptocurrencies

An Australian 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
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

367
cryptocurrencies

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
AUD

281
cryptocurrencies

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.
Coinstash Cryptocurrency Exchange
Bank transfer, Cryptocurrency, PayID
AUD

340
cryptocurrencies

Buy 250+ different cryptocurrencies using AUD with competitive trading fees on this Australian-owned and operated exchange.
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Compare up to 4 providers

Steps on how to buy Mdex

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

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

It is very important that an investor understands all of the risks involved in investing in a particular cryptocurrency and the various factors that could impact price. Here are some aspects to consider before adding MDX to an investment portfolio:

  • Competition: As the MDX token is directly tied to the MDEX platform, the success of the exchange will likely be a major driver in the token’s price movement. Attracting a greater number of users may result in MDX appreciating in value, but this might prove difficult due to the congested DeFi space. Although MDEX has a compelling USP (lower fees and interoperability), it must still compete with a huge range of decentralised exchanges and AMMs, such as UniSwap, PancakeSwap, and DYDX.
  • Deflationary: The MDX token is deflationary due to a ‘repurchase and burn’ mechanism implemented by the developers and community. Every 72 hours, MDEX deploys 0.06% of the platform’s transaction volume to repurchase and burn a portion of MDX tokens. MDX token holders can also participate through a ‘Burning Black Hole’ mechanism to earn additional rewards.
  • Earnings: MDX holders unlock a number of potential avenues to earn passive income. Certain investors may wish to capitalise on these opportunities by using the MDEX platform. For example, token holders can stake MDX to earn additional MDX tokens. Users can also participate in liquidity pools, and even farm fees by making transactions.

How to sell Mdex

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

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

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

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