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Buy Kaspa (KASPA)

KAS

24H Change
24H Volume
Global Rank
#51
Market Cap

Kaspa Price

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About Kaspa (KAS)

Kaspa is a proof-of-work blockchain built using the GhostDAG protocol. Since being launched in 2021, Kaspa has climbed into the top 100 cryptocurrencies by market cap. In theory, Kaspa is similar to Bitcoin in that it utilises a deflationary currency with limited supply and a mining-based consensus mechanism.  

A common complaint with proof-of-work blockchains is their limited scalability – something that Kaspa addresses by processing up to 10 blocks per second, with plans to increase this figure to 100.

KASPA is Kaspa’s native token which underpins the network. It can be used to pay for transaction fees on the blockchain and to reward miners for their work securing the protocol.

How to Buy Kaspa (KAS) in Australia

  1. Signup for free
  2. Verify your account
  3. Deposit AUD instantly
  4. Buy KAS

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Kaspa FAQs

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How do I buy Kaspa in Australia?

You can buy Kaspa (KASPA) on the Swyftx Crypto Exchange in Australia. First, you’ll need to sign up by providing your name, email address and phone number. To activate your account, verify your email address, phone number and identity. This step can usually be completed in a few minutes.

Once your account has been verified, you can then deposit funds into your account via one of the following payment methods: bank transfer (or Osko), PayID, debit card or cryptocurrency. Deposit times may vary depending on which option you choose, however, most deposits are received instantly. Once the deposit is received, you can begin buying KASPA.

What is the difference between Kaspa and Bitcoin?

Kaspa uses a unique protocol known as GhostDAG (Directed Acyclic Graph), which supports proof-of-work security alongside faster confirmation times. Kaspa’s blockchain can process multiple blocks simultaneously, allowing near-instant block times (currently ten per second). Additionally, Kaspa’s consensus mechanism is significantly more energy efficient than Bitcoin’s.

Where can I store Kaspa?

When you buy KASPA on our trading platform, it will be automatically stored in your account’s integrated crypto wallet. A crypto wallet is required for sending, receiving and storing your digital assets. If you would like to withdraw your assets and send them to an external wallet like a hardware wallet, you can do so via the withdraw tab in your Swyftx trading app.

Where is the best place to buy Kaspa?

The best place to buy Kaspa is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Kaspa and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Kaspa determined?

The price of Kaspa is determined by the forces of supply and demand in the market. Similar to other assets, the price of Kaspa 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 Kaspa are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.

Can I buy Kaspa with credit card?

Swyftx does not allow you to directly buy Kaspa with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy Kaspa instantly.

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Period: Last 24 hours (AUD)

KAS Buys and Sells

By number of orders

66% Buy
66%
Buys
34%
Sells

Period: Last 24 hours

This should not be used to make investment decisions.

Disclaimer: The information is for general information purposes only and should not be taken as investment advice, personal recommendation, or an offer of, or solicitation to, buy or sell any assets. It has been prepared without regard to any particular investment objectives or financial situation and does not purport to cover any legal or regulatory requirements. Customers are encouraged to do their own independent research and seek professional advice. Swyftx makes no representation and assumes no liability as to the accuracy or completeness of the content. Any references to past performance are not, and should not be taken as a reliable indicator of future results. Make sure you understand the risks involved in trading before committing any capital. Never risk more than you are prepared to lose. Consider our Terms of Use and Risk Disclosure Statement for more.