Aptos is a layer 1 Proof of Stake blockchain that was designed with scalability, reliability, safety, and upgradability as key principles. The Aptos blockchain has been in the works for the last 3 years
with a team of over 350 developers globally, and officially launched its mainnet on the 18th of October 2022.
Aptos uses a relatively new programming language called “Move”, that formally verifies smart contracts to increase reliability and security. “Move” was developed by the Diem Association, a tech company backed by Meta (previously Facebook). Aptos’s architecture takes concepts from existing scaling solution technologies like sharding and rollups, to boost transaction speed and throughput. Aptos claims that it’s network can reach 160,000 transactions per second (TPS). Bitcoin currently sits at 7 TPS.
You can buy Aptos (APT) in Australia on the Swyftx Crypto Exchange.
The best place to buy Aptos is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell Aptos (APT). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of APT is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy Aptos with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy APT instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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This should not be used to make investment decisions.
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