How to buy Sushi (SUSHI) in Australia

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

Sushi
SUSHI- USD
DECENTRALIZED-EXCHANGE
$11.60
+ $0.05 ( + 0.44%)

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How to buy Sushi

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

  1. Open an account on an exchange that supports SUSHI.
    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 Sushi.
  3. Buy Sushi.
    Complete your Sushi purchase and then find the best wallet to store SUSHI.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Sushi?

SushiSwap is a decentralised finance (DeFi) platform that incentivises users for providing liquidity to its native fund pools. In this regard, it bears mentioning that rewards are provided in the form of SUSHI, an ERC-20 token, that is the native cryptocurrency of the platform that is used for the governance of the protocol as well. In terms of its design, SushiSwap’s core code draws heavily from other DeFi protocols, such as Uniswap, Compound, etc. As a result, some critics have referred to the platform as being a scam. That said, in recent times, SushiSwap has undergone a number of thorough audits and reviews by reputable blockchain security firms including PeckShield and Quantstamp.

Sushi (SUSHI) is the 69th largest cryptocurrency in the world by market cap, valued at $2,227,740,439. The current price of Sushi is $11.59, which is 1.837% higher than yesterday. Prices have ranged between $11.91 and $11.2 over the past 24 hours. All prices are listed in US dollars and accurate as of October 17, 2021 10:10 UTC.

Where to buy Sushi

Find an exchange to buy, sell and trade SUSHI 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
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

308
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
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.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

272
cryptocurrencies

Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. 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.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

166
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Buy 160+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
CoinJar Cryptocurrency Exchange
Cash, Credit card, Cryptocurrency, Debit card, Bank Transfer (PayID/Osko/BPAY)
AUD, GBP

42
cryptocurrencies

CoinJar offers a simple way to buy, sell, or trade cryptocurrency with AUD. Enjoy free and instant deposits, fees start from 0.05% and withdrawals are free to your bank account
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

434
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

814
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.
FTX Cryptocurrency Exchange
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

69
cryptocurrencies

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.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

48
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
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Compare up to 4 providers

Sushi at a glance

Information last updated October 17, 2021 10:10 UTC.
Coin symbolSUSHI
Coin MarketcapUS$2,227,740,439
Total SUSHI supply235,941,565
Circulating SUSHI192,789,256
Current priceUS$11.59
All time highUS$23.38
Notable team membersSam Bankman-Fried
PartnershipsAnySwap, Yearn Finance
IndustryDecentralised exchange, automated market maker
Token usesGovernance, staking
NetworkEthereum

Sushi price performance over time

Historical prices compared with the price of US$11.59.

1 hour 0.34%
24 hours 1.84%
7 days 5.94%
14 days 6.01%
30 days -22.43%
60 days -7.56%
200 days -24.84%
1 year 1,669.64%

How to sell Sushi

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

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

What to consider when buying Sushi

Below are the aspects you should consider before investing in SUSHI:
  • KYC-free model: SushiSwap is a completely permissionless protocol, which basically means that anyone can make use of the platform by contributing liquidity to its native fund pools in a private, secure manner. While this may seem highly attractive on paper, a lack of know-your-customer (KYC) protocols can potentially leave one’s funds susceptible to certain third-party intrusions.
  • Passive income possibilities: Much like a host of other DeFi platforms in existence today, SushiSwap allows users to draw a steady stream of passive income in lieu of them providing funds to the protocol’s native fund pools. Rewards are doled out in the form of Sushi tokens, which can later be exchanged for Ether if one so wishes to do so. In terms of the incentives that are currently on offer, a fixed 0.25% of all transactions facilitated across the platform are provided to liquidity providers while 0.05% of each tx is converted back to SUSHI and given as a reward to token holders.
  • Governance framework: As pointed out earlier, SUSHI tokens are provided to liquidity providers for their efforts. These tokens can be staked in exchange for SLP tokens, the base currency that is used for the overall governance and administration of the platform.
  • DeFi risks: In the past, there have been certain rug pull scams as well as cases of hackers draining funds from smart contracts in relation to certain DeFi projects. While SushiSwap has been audited by reputable firms, a total of 10 issues have previously been detected in relation to the platform. These problems do not appear to be critical but they do point to the fact that users have to be cautious and do their own research before supplying their funds to such liquidity protocols.

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

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