SPACE ID is a platform that is building a universal name service network with a one-stop identity platform. The platform is designed to help users discover, register, trade, and manage Web3 domains. It also includes a Web3 Name SDK & API that developers can use across different blockchains. The platform provides a multi-chain name service for everyone to easily build and create a Web3 identity.
ID is the governance token of SPACE ID, which plays a critical role in the decision-making process of the project. It enables users to have a say in the direction and future of SPACE ID. The ID token incentivises users to engage with the project and contribute to its success. With the launch of ID, SPACE ID aims to become a leader in the Web3 industry, providing users with a well-rounded platform for managing their digital identities.
The ID token has various functions, including staking, payments, and governance. Users can stake ID tokens to receive discounts on trading fees in the SPACE ID Domain NFT Marketplace and Web3 domain registration discounts on SPACE ID. The ID token can also be used as a means of payment within the SPACE ID ecosystem and for Web3 Name SDK integration. Additionally, ID token holders can participate and vote on SPACE ID DAO proposals.
The best place to buy Space ID 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 Space ID (ID). 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 ID 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 Space ID with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy ID 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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Had someone try to access my account from overseas, and the swyftx team were straight onto it. They put a hold on my account and then took me through ...