How to buy SparkPoint (SRK) in Australia

A beginner's guide to buying and selling SRK in Australia.

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How to buy SparkPoint

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

  1. Open an account on an exchange that supports SRK.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. 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 SparkPoint.
  3. Buy SparkPoint.
    Complete your SparkPoint purchase and then find the best wallet to store SRK.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is SparkPoint?

SparkPoint is an all-inclusive platform that seeks to help spur the mainstream adoption of blockchain technology by providing users with access to a wide array of financial products and services. According to the whitepaper, the platform is a payment gateway that will focus on convenience, alongside helping users develop financial market literacy. The platform was built on the Ethereum blockchain and includes a number of unique products including: SparkPoint Wallet, a non-custodial wallet; SparkLearn, an elearning platform; SparkPlay, a platform for blockchain-based gaming; SparkEarn, for earning crypto rewards; and SparkDeFi, a gateway to the world of decentralised finance.

The SparkPoint token, or SRK, is 1 of 2 native cryptocurrencies of the platform. SRK is primarily used to process monetary transactions across the SparkPoint ecosystem. However, the token transcends across all SparkPoint applications. For example, SRK can be used within SparkDeFi for liquidity mining rewards. It can also be used as collateral in the P2P marketplace. The token was built on the Ethereum blockchain so it follows the ERC20 standard.

SparkPoint (SRK) is the 680th largest cryptocurrency in the world by market cap, valued at $32,811,226. The current price of SparkPoint is $0.00398396, which is -1.733% lower than yesterday. Prices have ranged between $0.00428908 and $0.00398307 over the past 24 hours. All prices are listed in US dollars and accurate as of September 24, 2021 06:09 UTC.

Where to buy SparkPoint

Find an exchange to buy, sell and trade SRK by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

255
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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SparkPoint at a glance

Information last updated September 24, 2021 06:09 UTC.
Coin symbolSRK
Coin MarketcapUS$32,811,226
Total SRK supply13,731,206,159
Circulating SRK8,237,667,897
Current priceUS$0.00398396
All time highUS$0.02523125

SparkPoint price performance over time

Historical prices compared with the price of US$0.00398396.

1 hour -0.41%
24 hours -1.73%
7 days -16.36%
14 days -11.00%
30 days -28.00%
60 days 19.05%
200 days -64.41%
1 year 271.35%

How to sell SparkPoint

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

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

What to consider when buying SparkPoint

A cryptocurrency purchase should never be taken lightly. Remember to consider all aspects of the token and the associated platform. Here are some things to consider for SRK:
  • All-in-one ecosystem: SparkPoint is designed to be an all-in-one application for cryptocurrency users. By hosting all necessary applications in one place the team hopes to encourage and increase cryptocurrency adoption.
  • Passive income opportunities: SparkPoint provides users with access to a referral and rewards program wherein they can accrue SRK and other tokens by participating in various bounties.
  • DeFi access: The SRK token can be actively utilised within the platform’s DeFi module to access features such as liquidity staking and pool-based staking.
  • Fixed supply cap: SRK has a fixed supply of tokens which is set at 20 billion. The token is also deflationary in nature. SRK tokens are regularly burned, which is consistently reducing the cryptocurrency’s total supply. This may help to increase the value of SRK depending on the burn rate.
  • Solid backing team: The project is the brainchild of Andrino Agnas, a well-renowned CPA and cryptocurrency investor. Similarly, Rico Zuñiga is the company’s chief technical officer and has been around the Philippines startup industry for nearly 2 decades.
  • SRK vs SFUEL: While SRK is the main utility token used across all applications it is not the only token associated with SparkPoint. SFUEL was created specifically for the SparkDeFi application. SFUEL is the governance token of SparkDeFi and allows users to vote on development decisions. The token can also be used to pay all transaction fees that take place within SparkDeFi.

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

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