How to Buy Dia in Australia in 2022

This article will focus on how to buy Dia in Australia. Looking for the best exchange or general information on how to buy it please read on.

Dia is an oracle platform that allows data sharing between blockchains. All blockchain systems function independently and need oracles to incorporate and use data. As blockchain networks are used heavily in every sphere of human life, oracle systems such as Dia will also become popular as every blockchain needs data sharing and transfer.

 

DIA

The native token of Dia is also known by the ticker DIA. The DIA coin is used as a governance token to vote on policy measures and future roadmaps and it can also be staked to earn a passive source of income. In the future, DIA tokens will also be required to access new data shared through the platform.

The DIA token is currently exchanging hands at $1.05 as per CoinMarketCap.

If you wish to learn more about the various platforms where you can purchase DIA in Australia, read on because we will discuss how to purchase the Dia token in this article and discuss some of the methods you can use to buy the coins

How to buy Dia in Australia?

To buy DIA tokens, you will need to register a new account on a centralized exchange.

CoinSpot is one of the largest cryptocurrency exchanges in Australia and has sufficient liquidity. It provides support for the Australian dollar and you can trade hassle-free on CoinSpot.

Other cryptocurrency exchanges also provide services in Australia such as Binance, Gate.io, KuCoin, and Crypto.com. Remember that on a centralized exchange, you are required to share information about your identity and address by providing scanned copies of documents such as driving licence, passport and utility bills. These regulations are part of the Know Your Customer (KYC) rules that most exchanges need to follow to protect the platform against potential misuse and fraud. The security level of centralized exchanges is much better as compared to decentralised platforms.

For users in Australia who do not wish to go through the procedure of submitting details and wish to remain anonymous, a decentralized exchange (DEX) is a good option. A decentralized platform such as Uniswap can be used to directly purchase the DIA tokens without going through the tedious process of account registration and verification.

6 of the best Exchanges you can buy Dia in Australia

Find out step by step how to buy DIA on the following exchanges – Coinspot, Binance, Kucoin, Crypto.com, Uniswap or Gate.IO (updated march 2022)

Buy Dia with Coinspot

The account creation process with Coinspot is easy – even for a beginner leaping into crypto this will only take a few minutes.

Create an account at Binance.com.

Verify your identity and mobile phone number for security

Deposit Funds

They purchased DIA tokens will be reflected in your CoinSpot wallet amost immediately once the order is processed.

Buy DIA on Binance

Binance is one of the largest crypto exchanges in the world and provides support for the DIA token.

For Australian users, Binance provides the option to deposit funds either through the peer-to-peer mode or through PayID/Osko. Once you have deposited the funds, simply click on the spot exchange tab on Binance and search for the DIA token. You can select a limit order to get a better price or buy instantaneously through a market order.

See our full Binance Review

Create an account at Binance.com.

Verify your identity and mobile phone number for security

Deposit Funds

For Australian users, Binance provides the option to deposit funds either through the peer-to-peer mode or through PayID/Osko. Once you have deposited the funds, simply click on the spot exchange tab on Binance and search for the DIA token. You can select a limit order to get a better price or buy instantaneously through a market order.

See our full Binance Review

Buy Dia on Crypto.com

As an Australian user, you have many choices available as many cryptocurrency exchanges provide services in the country. Crypto.com is another platform where you can purchase DIA tokens at the click of a button. Crypto.com allows Australian users to deposit AUD through BPAY or NPP. You can deposit funds and then trade through USDT. Simply select DIA/USDT pair and enter the number of DIA coins you wish to purchase or enter the amount of USDT you wish to spend.

Buy DIA on Gate.io

Gate.io is another centralized exchange but does not have a fiat deposit option. You will need to purchase an alternate cryptocurrency on another platform to buy DIA tokens on Gate.io. You can deposit cryptocurrencies on Gate.io by visiting the deposit section. DIA is paired with ETH and USDT on Gate.io, so it’s better if you deposit these cryptocurrencies for purchasing DIA coins on the platform. However, you can deposit other coins too but you will need to exchange them for ETH or USDT to purchase DIA tokens on Gate.io. Visit the exchange tab on the platform and search for the DIA token. Select a suitable pair (DIA/USDT or DIA/ETH) and enter the number of tokens you wish to purchase.

How to Buy DIA on KuCoin in Australia?

KuCoin is a leading cryptocurrency exchange and provides support for the DIA token. Australian investors can easily buy DIA tokens on the platform. It allows users to deposit fiat currencies through several methods such as Apple Pay, Credit/debit card, Google Pay, and SEPA transfers. DIA token is paired with BTC so you will need to first purchase BTC or deposit the cryptocurrency directly on KuCoin to purchase the DIA coin. Simple select DIA/BTC pair and enter the amount of BTC you wish to spend or the number of DIA tokens you want to buy.

On a centralized exchange, the purchased DIA tokens will be stored inside your exchange wallet. You will need to withdraw them to a personal wallet for long-term safekeeping as leaving coins on an exchange is risky. You should also compare the fees on various platforms to select the most suitable option available. For example, the advantage of trading on CoinSpot is that it does not charge any withdrawal fees. The platform also provides 24X7 customer support in case you face an issue and need help.

How to Buy DIA on Uniswap?

DIA is a token that runs on the Ethereum network and therefore can be purchased on a decentralized platform that provides support for ETH tokens. Uniswap is one of the most popular DEX where you can swap DIA tokens easily and quickly. You will need to connect a personal cryptocurrency wallet such as MetaMask to use the Uniswap platform. You should also have an altcoin such as ETH to pay for the DIA tokens. Simply connect your MetaMask wallet to Uniswap by clicking on the Connect tab and entering the number of DIA coins you wish to purchase. Then, click on the swap button. Approve the transaction on the MetaMask wallet and the order will be processed almost instantaneously. Add the DIA token to your MetaMask wallet and you will be able to view the purchased tokens.

Visit the Uniswap website

How to buy DIA on a peer-to-peer network?

Paxful and LocalCryptos are two common peer-to-peer (P2P) platforms where you can exchange DIA tokens from interested sellers. However, P2P platforms charge an extra commission for providing services. The risk of fraud is also higher on these platforms as you are transacting with unknown sellers. Some P2P exchanges provide safeguard measures such as an escrow service where the funds are only released once the transaction is confirmed. These are comparatively safer, but the platform will not provide much help in case you face issues during the transaction.

On a peer-to-peer platform, you will need to select the DIA token and the platform will list all interested sellers. Simply select a seller and pay through the method accepted on the platform. You can pay through cryptocurrencies or third-party payment processors such as PayPal on P2P platforms. You do not need to submit KYC on these platforms and if you wish to protect your identity, then such platforms may be used.

You can use software cryptocurrency wallets to store your DIA tokens safely but if you wish to hold for a longer period, consider investing in a hardware cryptocurrency wallet. These are expensive but you get extra security since the assets are stored in an offline environment.

how to buy sandbox (sand) coin in australia
coinspot review image

See our coinspot Review for 2022

Top Exchange Reviewed Crypto Joe - Founder

Latest posts by Crypto Joe (see all)