Key Takeaways
- AR (Arweave) can be purchased in Australia through various cryptocurrency exchanges, including Bybit, CoinSpot, Swyftx, Crypto.com, and MEXC.
- CoinSpot is recommended as a secure and trusted exchange with over 370 supported cryptocurrencies, including AR.
- To buy AR, follow these steps: sign up with a crypto exchange, verify your account, deposit money into your account (recommended method is POLi), go to the Buy section in your account, select the amount of AR you want to buy, confirm the purchase, and store your AR securely.
- AR is the native cryptocurrency of Arweave, a software designed to permanently store data and files. It aims to create a digital archive accessible through traditional browsers without the need for a blockchain service or wallet.
Arweave is a software that looks to permanently store data and files within a distinguished network of computers. Its main objective is to create a digital archive, like a library, that would exist and be accessible in continuity.
AR is the native cryptocurrency that’s used to create marketplaces where users can buy or sell data storage products and services.
This ambitious company is looking to break into the market where giants like Amazon, Google, and Microsoft are dominating.
One thing that’s going in favour of Arweave is the dedication to permanently store files via distinctive incentives that are built around its cryptocurrency.
Furthermore, all files and data on Arweave can be accessed via any traditional browser, meaning it doesn’t require any blockchain service or wallet.
Arweave is not a typical blockchain but a software designed on a chain of blocks and it typically stores the files in a graph of blocks.
If you believe in the potential of AR (Arweave), then we can show you how to easily invest and get your hands on some in our step-by-step guide.
Where to buy AR (Arweave)?
AR is a very popular coin, and a large cryptocurrency by market capitalisation, so you will be able to find it at many crypto exchanges in Australia. The biggest factor is that you choose an exchange that is safe and legit, so you don't get scammed. We recommend you choose an exchange from our list of the best crypto exchanges for Aussies, as they are all tested by us, and we can confirm they are secure and trusted.
In this guide of how to buy AR (Arweave), I will include screenshots from my personal CoinSpot account, so you can also open an account with CoinSpot if you want to easily follow along. The reason I choose CoinSpot as my cryptocurrency exchange is for the following reasons:
- Over 410+ different cryptocurrencies supported, including AR
- Most secure and trusted crypto exchange in Australia
- Largest Australian exchange with more than 2.5 million users
- Staking on 21 coins
- Live Chat support
- NFT marketplace where you can buy NFTs using any cryptocurrency you like
Exchanges where you can buy AR
How to buy AR (Arweave)?
7 easy steps
Buying AR (Arweave) in Australia is really easy, all you have to do is follow along with these simple steps, and you will have your own AR in no time.
1. Sign up with a crypto exchange
The first step is to open an account with your crypto exchange of choice. If you haven't decided, have a look at this guide on the top crypto exchanges in Australia (click here). Or if you want to use my recommended exchange, which I will use for my screenshots, open an account with CoinSpot. You can also read my CoinSpot review first before you decide.
To sign up with CoinSpot, click this link and you will be taken to a page like the screenshot below. Click Register in the top right corner, then fill out your email, create a password, click to prove you’re not a robot, then click Create Account.
2. Verify your account
After creating the account, you need to verify your account. Click on the "Complete Verification" button and continue with any steps that show up. You need to verify your email, and then then enter your identification details and finally upload a copy of your driver license. It can take a while for your verification to be finalised, so you can have a look around your CoinSpot account and get comfortable with the interface.
3. Deposit money into your account
Once your account is verified, it's time to deposit AUD into CoinSpot. In the top left of the account, you will see the "Deposit Funds" button. Click on that, and you should see the deposit page (see screenshot below). You can use whichever method you like from that list, but my recommendation is POLi. Funds are deposited instantly and there is no charge incurred. Type in the amount you want to deposit, select your bank, and then click the "Continue to POLi" button to finalise your deposit.
4. Go to the Buy section in your account
Once your money is in your CoinSpot account, you are ready to buy some AR (Arweave). Click on Buy/Sell in the menu along the top, then search AR. Click on Buy AR and you will see the purchase screen, like the screenshot below. The price of AR is shown clearly in the middle of the screen.
5. Select how much AR you want to buy
Select how much AUD you want to spend on AR, then click the Buy button. You will see a pop-up which confirms how much you are spending, the fee, and how many coins you will receive.
6. Buy AR (Arweave)
When you have checked that all the information is correct, you can click Confirm Buy to finalise your transaction. Congratulations, you are now the proud owner of some AR!
7. Store your AR safely
Now that you have made your purchase of AR (Arweave) you can find it in your CoinSpot wallet by clicking on Wallets at the top of the screen. You can see how much AR you own, and the value in AUD. You can leave your AR in CoinSpot, which is the most secure crypto exchange in Australia. If you prefer to be even safer, you can send your AR to a personal wallet. You can click here to read about the best crypto wallets for Australians.
Frequently Asked Questions
Yes, it is perfectly legal to buy, sell and own AR (Arweave) in Australia.
Not many Australian crypto exchanges support debit and credit cards, but Swyftx does. You can click here to open an account with Swyftx, or read our full review here first.
If you choose a trustworthy and secure cryptocurrency exchange, it is safe to buy AR in Australia. CoinSpot is the #1 top crypto exchange in Australia, and you can be assured that it is safe to buy AR (Arweave) using their platform.
If you want to buy other cryptocurrency such as Bitcoin, Dogecoin or Ethereum, you can follow the same steps above, but in Step 4, type in the coin you want to buy instead of AR.