How to buy Sapphire (SAPP) in Australia

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

Sapphire
SAPP- USD
$0.78
- $0.02 ( - 2.94%)
MASTERNODES

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Where to buy Sapphire in Australia

Unfortunately, at this time no major exchanges in Australia offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.

Consider buying a different cryptocurrency after comparing popular exchanges.


What to consider when buying Sapphire

Cryptocurrencies are complicated and speculative, and buying any crypto coin or token comes with a high level of risk attached. It’s essential that you’re fully aware of all the risks involved before you decide to buy. If you’re thinking of purchasing SAPP, make sure you consider the following factors first:

  • Available information: The amount of resources and research available online for the Sapphire project is very limited. The cryptocurrency’s whitepaper is either non-existent or very hard to source. The inability to perform ample due diligence may be a big red flag for certain investors, which in turn could affect adoption. The best place for information appears to be the network’s Discord server, which has an active, responsive and helpful community.

  • Tokenomics: There is a max supply of 3 billion SAPP coins. They have a block time of 60 seconds and are supported by Masternodes being ran via a Proof-of-Stake consensus mechanism.

  • Accessibility: Acquiring SAPP tokens can be difficult, as they are typically not available on most major exchanges. You must trade for it in a crypto:crypto token pair – you can not directly purchase SAPP with fiat money.

  • Wallet:The Sapphire ecosystem has a native wallet that can be downloaded from the website and used to participate in the network. These wallets are supported by Windows, Linux and Apple OSs.

How to sell Sapphire

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

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

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

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