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Buy THORChain (RUNE)

RUNE

24H Change
24H Volume
Global Rank
#72
Market Cap

THORChain Price

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About THORChain (RUNE)

The idea of THORChain evolved in 2018 in a bid to solve the liquidity challenges faced in the decentralised exchange of crypto tokens. THORChain is a blockchain-agnostic liquidity protocol that facilitates cross-chain swaps of cryptocurrencies. While most liquidity platforms focus their solutions on the Ethereum network, THORChain targets the Binance Chain.

The platform’s native currency, RUNE, allows users to stake their funds in the RUNEVault, a sort of native cryptocurrency wallet, to become network validators. The network then rewards the stakers with more RUNE to validate cross-chain transactions of cryptocurrencies. You can buy RUNE in Australia on Swyftx. 

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How to Buy THORChain (RUNE) in Australia

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

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THORChain FAQs

  • THORChain FAQs
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Where is the best place to buy THORChain?

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

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

Can I buy THORChain with credit card?

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

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

RUNE Buys and Sells

By number of orders

63% Buy
63%
Buys
37%
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.