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Buy Tornado Cash (TORN)

torn
$9.89
+1.90%

Global Rank

#898

Market Cap

$9.7M

24hr Volume

$4.2M

24hr Change

+1.90%

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Tornado Cash

What is Tornado Cash (TORN)?

Tornado Cash is a non-custodial privacy solution that is built on the Ethereum blockchain. The protocol improves on transaction privacy by breaking a link in on-chain activity between recipient and destination address. Tornado cash uses smart contracts that accept deposits made in ETH and ERC-20 tokens, that are then withdrawn to other addresses. There is no way of knowing who the original sender which ensures asset privacy and security.  

TORN is an ERC-20 token with a fixed supply that is used for governance. TORN token holders can vote on proposals. The more TORN a token holder owns, the more share of influence they will have. In total, there are 10 million TORN tokens, with the majority reserved DAO governance treasury. You can buy TORN token on the Swyftx crypto exchange. 

How to Buy Tornado Cash in Australia

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

Frequently Asked Questions

Where is the best place to buy Tornado Cash ?

The best place to buy Tornado Cash 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.

Is Swyftx Safe to buy Tornado Cash ?

Yes, Swyftx is a safe and secure platform to buy and sell Tornado Cash (TORN). 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.

How is the price of TORN determined?

The price of TORN 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.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:

  • Bank transfer
  • OSKO
  • PayID
  • POli
  • Credit or debit card

Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

Can I buy Tornado Cash with credit card?

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

What are Swyftx's trading fees?

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.

Dislcaimer: 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.