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How to buy Mobox (MBOX) in Australia

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

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How to buy Mobox

1. Compare crypto exchanges

The easiest way to buy Mobox 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 Mobox

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

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

1 - 6 of 10
Name Product Deposit methods Fiat Currencies Cryptocurrencies
CoinSpot Cryptocurrency Exchange
4.3★★★★★(297)
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.
Go to site
View details
Swyftx Cryptocurrency Exchange
4.2★★★★★(173)
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.
Go to site
View details
Digital Surge Cryptocurrency Exchange
4.7★★★★★(124)
Finder Award
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

304
cryptocurrencies

Finder Exclusive: Sign-Up & Verify to get $10 in Bitcoin.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Go to site
View details
Binance Cryptocurrency Exchange
4.8★★★★★(1987)
Finder Award
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.
Go to site
View details
Cointree Cryptocurrency Exchange
2.8★★★★★(4)
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.
Go to site
View details
Coinstash Cryptocurrency Exchange
5.0★★★★★(1)
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.
Go to site
View details
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Compare up to 4 providers

Steps on how to buy Mobox

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

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

As with any investment, it is vital you understand the risks and potential upside of the asset before making any financial decision. With regards to MBOX, here are a few things to consider:

  • Risk of selling pressure:
    •  Since the token is used as a reward in games, it may become a challenge to offset the selling pressure that comes from gamers who regularly convert earnings into fiat. This may make it difficult to keep the price high - a common problem faced by most P2E games today.
  • Tokenomics: MBOX has a maximum supply of 1 billion tokens and was created using a fair launch (no pre-seed or pre-sales took place). 51% of the supply has been allocated to in-game rewards, farming, and staking. 21% was allocated to contributors of the community. 20% was kept for the team and 8% was distributed to partners. To add a deflationary mechanism to supply, 80% of profits generated from platform fees are allocated to a buyback and burn contract which was designed to remove tokens from circulation.
  • Synergy of use cases: The MBOX token holds two distinct, but synergised, functions: rewarding gamers, and governance. The more a player interacts with the MOBOX platform, the more token rewards they receive and, therefore, the more potential governance power they hold. A high number of use cases can help to add an increased demand for a native token.
  • Farming: MBOX tokens can be earned in two ways. The first involves depositing MBOX and the native coin of the Binance Smart Chain - BNB - into a PancakeSwap liquidity pool. In return for depositing liquidity, a user receives liquidity provider (LP) tokens, which can then be staked to earn MBOX rewards. Alternatively, MBOX can be earned by staking MOMO NFTs. Both options are available within the MOMO Farmer application.
  • Scalability: The protocol runs on the BSC network, which can handle approximately 55-65 transactions per second (tps). This can increase to 220 tps during peak times. While this is a huge improvement over Ethereum’s 15 tps, BSC is still known to experience congestion from time to time.
  • Early-stage metaverse: The game’s native metaverse - MOMOverse - is still in its early stages, displaying a 2D isometric world with simple functions. However, considering the billions of dollars being poured into metaverse projects, MOBOX is entering a sector of the cryptocurrency industry that could have huge potential in the future.

How to sell Mobox

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

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

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

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