Spell Token (SPELL) is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens as collateral to borrow USD-pegged. Abracadabra.money uses Kashi Lending Technology to provide users with isolated lending markets, allowing them to adjust their risk tolerance in accordance with the collateral used.
The Kashi Lending Technology introduced by SushiSwap means that users can provide liquidity for any token and if the currency pair loses its liquidity or something happens to the smart contract, only that pair is affected and not the entire platform. This allows Abracadabra to offer various trading pairs that are not supported by most decentralised exchanges.
Sign up to Swyftx to buy SPELL in Australia.
Swyftx’s fees are less than the industry average in Australia, and as a result you can save on costs.
Verify your account in minutes and transfer AUD to start trading SPELL and plenty of other assets.
Swyftx has incorporated a number of leading security systems like Two-Factor Authentication (2FA) and Biometric Authentication.
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.