How to buy sEUR (SEUR) in Australia

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

sEUR
SEUR- USD
$1.04
+ $0.0040 ( + 0.39%)

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How to buy sEUR

1. Compare crypto exchanges

The easiest way to buy sEUR 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 – cryptocurrency and epay payments are widely accepted.

4. Buy sEUR

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

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

1 - 1 of 1
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Hotbit Cryptocurrency Exchange
★★★★★(0)
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

1029
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Steps on how to buy sEUR

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

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

Although stablecoins are inherently less volatile than most other cryptocurrency investments, there are still factors that should be considered prior to investment. In the case of sEUR, here are some things worth thinking about:

  • Stablecoin use-case:If you are investing in a stablecoin, you cannot expect the potentially rapid price gains and falls that you would with other cryptocurrencies. You should not purchase a stablecoin with the hope of it rising in value – instead, they have a few specific use-cases. Stablecoins can be purchased in periods of high market instability, which may be faster and cheaper than transacting your crypto to fiat. Stablecoins can also be used to swap for other cryptocurrencies with lower fees, or earn rewards in DeFi protocols.
  • Curve liquidity pool: Curve finance introduced a liquidity pool for sEUR token holders – one of the first DeFi products focussed on Euro stablecoins. This allows users to swap between sEUR and STASIS Euro (EURS) tokens, which opens up more opportunities for trading on decentralised exchanges.
  • Kwenta exchange: Very few DeFi services and protocols utilise sEUR, making it difficult to purchase and use. Synthetix-based projects, such as the Kwenta derivatives exchange, provide the most utility for the Euro stablecoin. It will be worth following the development and community growth of the Kwenta platform to see if sEUR evolves in its use-case.

How to sell sEUR

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

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

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

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