Augur is a decentralised, no limits, peer-to-peer betting platform for creating and predicting markets. Users who are able to correctly select these winning outcomes receive a payout.
Based on the Ethereum network, Augur’s Reputation (REP) tokens are used to conduct these outcome-based bets. In addition to REP being provided to winning users as payment, the network’s token is also used to return fees to market creators while also automatically paying out winnings. There are also oracle services built into Augur, to allow the flow of live events into the smart contracts.
To buy REP coin in Australia with Swyftx you’ll need to follow a few simple steps. Firstly, you’ll need to create your free trading account by providing a few details such as your name, email address and mobile number, as well as creating a unique and secure password. Once you’ve signed up, you must then verify your account. To do this, you’ll need to submit a digital copy of your photo ID (i.e. drivers license, passport etc.). Once your account has been verified, you cand deposit Australian dollars into via bank transfer, debit card, PayID or POLI. Once the funds have landed in your account, you can then buy, sell and trade REP coin and other cryptocurrencies listed on the Swyftx Exchange.
Before you buy Augur (REP coin) on the Swyftx Exchange, you’ll first need to deposit funds into your account. Swyftx supports several different payment methods, which have been listed below along with the corresponding deposit speed:
The price of Augur (REP coin) that is listed on the Swyftx exchange is based on real trading volumes. When you’re buying and selling REP, the price is dependent on the sell/buy price of the previous order. You’ll find the buy and sell price is different. This is what’s called a ‘spread’ and every exchange has them. You can view Swyftx’s spread compared to other exchanges on our fees page.
Swyftx has lower spreads and cheaper trading fees than many of our closest competitors.
Verify online instantly without uploading documents and deposit AUD to start Augur trading in less than 2 minutes.
Breached password detection and Two Factor Authentication help protect your account from scammers.
Learn to trade and gain experience with Swyftx risk free by enabling the demo mode. We even simulate real life liquidity and market depth.Create a free account
Deposit and Withdraw AUD via PayID, OSKO, Bank Transfer & POLi
Automate your crypto investments. Setup recurring deposits to your Swyftx account and have then automatically split across your own range of cryptos.
Never miss a trade or get caught out by the crypto market volatility. Set Buys and Sells to trigger at any price you want.
Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.