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Buy Peaq (PEAQ)

PEAQ

24H Change
24H Volume
Global Rank
#383
Market Cap

peaq Price

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About peaq (PEAQ)

peaq (PEAQ) is a Layer 1 blockchain dedicated to providing a network for the future of DePIN. DePIN (Decentralized Physical Infrastructure Networks) is a fast-growing sub-industry in crypto that powers physical applications with decentralized protocols and incentives. This can include distributing unused computational power, building maps or providing telecom coverage. 

peaq’s goal is straightforward – to become the leading DePIN-specific blockchain in the world. While other L1s like Ethereum and Solana are home to existing DePIN projects, these networks are ultimately general purpose. On the flipside, peaq is purpose-built to support DePINs and the millions of devices, machines and robots that come with them.

PEAQ, the blockchain’s native token, is designed to pay for transaction networks on the network, participate in governance and earn rewards via staking mechanisms.

How to Buy peaq (PEAQ) in Australia

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

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peaq FAQs

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How do I buy peaq in Australia?

You can buy peaq (PEAQ) right here on Swyftx’s Australian Crypto Exchange.
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 verified, you can deposit funds into your account using bank transfer, PayID, debit card or cryptocurrency. While deposit times can vary, most are processed instantly. Once your deposit is received, you can start buying PEAQ.

What are some DePINs building on peaq?

Some of the most prominent DePIN projects on peaq include:

  • Bistroo: An ecosystem for food delivery intending to overcome the issues with Web2 food services.
  • Silencio: An application that measures noise levels in a device’s surroundings, which cane be used by urban planners and developers.
  • MapMetrics: A drive-to-earn navigation app that collects traffic and mapping data and rewards users via cryptocurrency.

Where can I store PEAQ?

When you buy PEAQ on our trading platform, it will automatically be stored in your Swyftx account’s integrated crypto wallet. A digital wallet is required for sending, receiving and storing digital assets.

Some users like to secure their crypto assets through an external, hardware wallet. To transfer your assets to a device like this, you can use the withdraw tab in your Swyftx app.

Where is the best place to buy peaq?

The best place to buy peaq is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade peaq 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 peaq determined?

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

Can I buy peaq with credit card?

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

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

PEAQ 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.