How to buy Tenset (10SET) in Australia

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

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How to buy Tenset

1. Compare crypto exchanges

The easiest way to buy Tenset 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 payments are widely accepted.

4. Buy Tenset

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

Find an exchange to buy, sell and trade 10SET 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
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1071
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.
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Compare up to 4 providers

Steps on how to buy Tenset

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

  1. Compare cryptocurrency exchanges that support 10SET.
    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 Tenset.
  4. Buy Tenset.
    Complete your Tenset purchase and then find the best wallet to store 10SET.
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 Tenset

Cryptocurrencies are highly volatile and risky assets. Before making a purchase an investor should consider all aspects of the token and the associated platform. Here are a few things to consider before purchasing 10set:

  • Passive holder rewards: The protocol’s smart contracts charge a 2% fee for every transaction that takes place within the Tenset ecosystem. Half of all fees are then automatically distributed to all token holders.
  • Assets backing Tenset: As an ETF token, the price of the 10set token is determined by the underlying value of the Tenset hedge fund. Those interested in buying the 10set token should, therefore, gain a good understanding of what assets the Tenset hedge fund is invested in. Tenset has already invested in early-stage projects like Everdome, Kanga Exchange, Metahero, and Celsius. These investments continually accrue additional profits, which are then distributed to token holders.
  • Deflationary: The other half of all platform fees are used to buy back and burn the token from decentralised exchanges (DEXs). This adds a deflationary mechanism to the native 10set token, which may drive price increases over the long term.
  • Audited: The protocol has been audited by security firm, CertiK, and passed with a rating of 91 out of 100. Although the protocol passed smart contract checks, CertiK’s audit did reveal that some centralisation privileges for the issuing company exist within its smart contract, however, the project is a hybrid of both crypto and traditional finance. Those interested in Tenset could read CertiK’s audit before an investment is made.
  • Team: According to a February 2022 update, Tenset Ltd. now employs over 50 staff and hires five outsourcing companies for its legal and tech support. A growing number of employees is encouraging for a growing cryptocurrency project.

How to sell Tenset

You can cash out your 10SET with the same exchange you bought it through:

  1. Sign in to the exchange you have 10SET on.
    If you store your Tenset in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of 10SET you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Tenset.

Disclaimer: Cryptocurrencies, including Tenset, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of 10SET 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 Tenset or any other cryptocurrency discussed.

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