What security measures does Swyftx implement?

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 also conducts regular security audits. You can find more information on our security practices here.

What deposit methods does Swyftx support?

You can deposit Australian dollars (AUD) into Swyftx via a number of methods including: Bank transfer OSKO PayID Credit or debit card Swyftx also allows you to deposit cryptocurrency from another wallet into your account.

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.

Buy Wormhole (W)

24H Change

24H Volume

Global Rank

#157

Market Cap

Buy W in minutes

1 W = $0

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Wormhole Price

About Wormhole (W)

Wormhole is an interoperability platform facilitating communication and asset transfers across over 30 blockchain networks. It’s often called the "Web of Web3" by the crypto community, as it enables developers to build multichain applications and bridges at scale.

Wormhole operates as a cross-chain messaging protocol that allows blockchains to transfer different types of data like crypto tokens, non-fungible tokens (NFTs) and governance actions. The protocol leverages its security from the Guardian Network, a set of trusted nodes that validate and sign messages to ensure platform integrity.

It works quite simply: when most Guardians approve a message, it is encapsulated into a Verified Action Approval (VAA), a cross-chain data packet that finalises transactions on destination blockchains.

Wormhole’s ecosystem is powered by the W token, a multichain-native token with a total supply capped at 10 billion. Initially launched on the Solana network under the SPL standard, it quickly expanded to Ethereum and other EVM-compatible chains using Wormhole’s Native Token Transfers (NTT) feature.

Resources

wormhole.com

@wormhole

How to Buy Wormhole (W) in Australia

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Wormhole FAQs

Wormhole FAQs
Swyftx FAQs

Where is the best place to buy Wormhole ?

The best place to buy Wormhole is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Wormhole and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be one of Australia's highest-rated crypto exchanges as per our TrustPilot reviews.

How is the price of Wormhole determined?

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

Can I buy Wormhole with credit card?

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

Top Traded Assets on Swyftx

By number of orders

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Period: Last 24 hours (AUD)

W Buys and Sells

By number of orders

55%
Buys

45%
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.