How to buy Moonbeam (GLMR) in Australia

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

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How to buy Moonbeam

1. Compare crypto exchanges

The easiest way to buy Moonbeam 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 Moonbeam

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

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

1 - 6 of 7
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.
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.
FTX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, Wire transfer, PayID, Credit or Debit Card
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.
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.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

256
cryptocurrencies

Buy 240+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Uphold Digital Money Platform
★★★★★(0)
Uphold Digital Money Platform
Bank transfer (ACH)
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD & 10+ more

108
cryptocurrencies

Buy, send and convert from 27 currencies in seconds, all on one platform.
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Compare up to 4 providers

Steps on how to buy Moonbeam

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

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

All altcoin investments carry extreme risk, which is why both the token and the associated protocol should be thoroughly evaluated. Here are a few factors to consider before investing GLMR:

  • First-mover advantage: Launching as the first parachain within the Polkadot ecosystem has allowed Moonbeam to integrate with a high number of decentralised applications. While this does not guarantee the project’s success, the first-mover advantage does place the project ahead of younger competitors – for now. With Moonbeam’s focus on interoperability, the protocol has entered a saturated market that consists of numerous other protocols trying to unlock interoperability issues.
  • Developer friendly:The project allows developers to utilise their existing Solidity smart contracts without the need for reconfiguration. Furthermore, Moonbeam is fully compatible with a host of ETH-based tools, including MetaMask, Hardhat, Waffle, Remix and Truffle. Lastly, the ecosystem allows for seamless interactions with other Polka systems, including various oracles and cross-bridge solutions. Increased interoperability could encourage developers to utilise the protocol, which could place more demand on the GLMR coin.
  • Solid team:The project is led by Derek Yoo and Stefan Mehlhorn. Yoo is a crypto-tech entrepreneur that was the CEO of PureStake (a blockchain infrastructure provider). Likewise, Stefan Mehlhorn has previously worked for a number of mainstream technology giants including Samsung Pay, Candibell Inc., LoopPay and Permessa. A strong foundational team is encouraging to see and could increase the chances of the project’s long-term success.
  • How to sell Moonbeam

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

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

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

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