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Buy Spell Token (SPELL)

SPELL

$0.0010

24H Change
5.60%
24H Volume
$6.2M
Global Rank
#436
Market Cap
$95.8M

Spell Token Price

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About Spell Token (SPELL)

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.

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How to Buy Spell Token (SPELL) in Australia

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

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Spell Token FAQs

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Where is the best place to buy Spell Token?

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

How is the price of Spell Token determined?

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

Can I buy Spell Token with credit card?

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

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

SPELL Buys and Sells

By number of orders

87% Buy
87%
Buys
13%
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.