How to buy Mina Protocol (MINA) in Australia

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

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How to buy Mina Protocol

1. Compare crypto exchanges

The easiest way to buy Mina Protocol 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 Mina Protocol

You can now exchange your funds for Mina Protocol. 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 Mina Protocol 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 Mina Protocol in Australia

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

1 - 6 of 11
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

Finder Exclusive: Sign-Up & Verify to get the $10 Bitcoin.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
FTX Cryptocurrency Exchange
Credit card, Cryptocurrency, Wire transfer, PayID, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

274
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
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

280
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.
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Compare up to 4 providers

Steps on how to buy Mina Protocol

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

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

MINA is the native cryptocurrency of the Mina Protocol and is required for the facilitation of many key internal operations. Here are a few key aspects of the project worth noting:

  • Multipurpose token Mina Protocol’s native cryptocurrency (MINA) is designed to not only help process a wide array of transactions taking place within the network but also assist in the fair, just distribution of fees amongst the platform’s clients (depending upon the amount of tokens held by them).
  • Novel operational design:According to Mina’s whitepaperwhitepaperthe project makes use of an advanced cryptography technique called zk-SNARKS so as to help in the creation of a “payment-oriented blockchain” which does not need every individual node operator to possess a complete set of the blockchain’s historical data. As a result, the computational requirements to run the platform are greatly reduced.
  • Highly economical:Mina’s ZK-Snark framework coupled with its Proof-of-Stake (PoS) consensus mechanism, allows it to reduce its overall resource requirements — especially when it comes to recording and processing transactions.
  • Two tier node setup:As per the official project websitewebsite Mina utilizes two specialized nodes to run efficiently — i.e. Block producers and Snark workers. While the former are required to select transactions to be included in the next block, the latter are commissioned to provide the network with computing power so as to help compress network data and generate proofs of transactions.

How to sell Mina Protocol

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

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

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

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