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How to buy Woonkly Power (WOOP) in Australia

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

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How to buy Woonkly Power

1. Compare crypto exchanges

The easiest way to buy Woonkly Power 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, paypal, wire transfer and credit or debit card payments are widely accepted.

4. Buy Woonkly Power

You can now exchange your funds for Woonkly Power. 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 Woonkly Power 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 Woonkly Power in Australia

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

1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
★★★★★(0)
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

576
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.
Go to site
View details
Gate.io Cryptocurrency Exchange
★★★★★(0)
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.
Go to site
View details
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Compare up to 4 providers

Steps on how to buy Woonkly Power

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

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

All cryptocurrency purchases should be fully evaluated for both risk and potential upside. With regards to Woonkly Power (WOOP), here are a few things to consider:

  • Earning potential. As well as being a marketplace/social media platform, Woonkly Power also envisioned a way to monetise the experience for their users. Whereas targeted ads in centralised social media platforms often provide minimal value to the user, Woonkly’s decentralised advertisement system is intended to reward the user for viewing the ad. This is achieved by 90% of the advertiser’s budget being distributed back to their audience for viewing or sharing it.
  • Super Powers. Woonkly has introduced a Super Power mechanism, where influencers and content creators can purchase a power which maximises their earning potentials. These are typically very rare and allow participants to do things like use their NFTs in external Woonkly advertisements, highlight their marketplace listings or make their profile appear in featured searches. The creation and release of these powers is an ongoing process.
  • Fee distribution. Woonkly has a specific structure for distributing fees to ensure their platform maintains its fair compensation for users. For example, 15% of all collected fees are reserved for marketing and business ops, and an additional 15% will be used to maintain the Super Powers program. For a limited time, 40% of all service fees will also be distributed to WOOP holders who are staking on the platform.
  • Royalties. In what is a relatively unique feature, NFT creators are able to assign their own royalty rate when minting a digital file onto the network.

How to sell Woonkly Power

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

  1. Sign in to the exchange you have WOOP on.
    If you store your Woonkly Power in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of WOOP you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Woonkly Power.
  1. Sources: Morioh
  2. Data by CoinGecko

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

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