How To Invest in Metaverse tokens in Australia 2022

Investing in metaverse tokens has exploded in Australia in 2022! in this article we cover all the details on the popular tokens to invest in and the 5 best exchanges in Australia to buy them. See the table of contents below to learn more.

Table of Contents (In-depth review)

What is the Metaverse?

Metaverse represents the virtual world powered by blockchain and augmented reality systems including artificial intelligence backed by audio-video.

It allows a user to carry out day-to-day activities such as banking, networking, and working but without physically being present at the location.

Think of it as being a virtual space with avatars of human beings carrying out functions. So it is possible to attend conferences, meetings and meet people virtually while sitting in the comfort of our own homes. All of this has been made possible through the metaverse.

Top 5 Australian Exchanges to invest in Metaverse tokens

Disclaimer: Cryptocurrencies are speculative and may involve significant risks. We are not financial advisors and do not provide advice on any personal circumstances. We have strived to keep our tables as accurate as possible but fees may change from time to time without our knowledge. In some cases, thinkingofbuyingcrypto.com may earn a commission or a fee from its website tables.

EXCHANGE

CRYPTO ASSETS

TRADING FEES (2022)

EXCHANGE REVIEW

OFFICIAL WEBSITE

DEPOSIT OPTIONS

COINSPOT

RESPONSIVE CUSTOMER SERVICE & LOW MARKET ORDER FEES

RATING 4.8

Thinking of buying crypto rating

330 +

Market Orders 0.1%



Instant buy & Sell 1.0%

  • PayID

  • POLi

  • Crypto

  • Cash

  • Bpay

  • Bank Transfer

SWYFTX

HIGHLY TRUSTED

RATING 4.7

Thinking of buying crypto rating 

290 +

0.6%

  • PayID

  • Osko

  • POLi

  • Crypto

  • Bank transfer

DIGITAL SURGE

LOWEST FEES

RATING 4.8

Thinking of buying crypto rating 

250 +

0.5%

  • PayID

  • Osko

  • POLi

  • Crypto

  • Bank transfer

COINJAR

GREAT FOR BEGINNERS

RATING 4.3

Thinking of buying crypto rating 

30 +

1.0% based on the transaction amount

  • PayID

  • Osko

  • Credit card

  • Debit card

  • Cash

  • Bpay

  • Crypto

COINBASE

MOST POPULAR EXCHANGE

RATING 3.9

Thinking of buying crypto rating

95+

FEES VARY FOR AUSTRALIAN TRADERS "STANDARD" OR "INSTANT BUY/SELL"


  • Debit card

While there are a number of ways to invest in the metaverse space including stocks, cryptocurrencies, venture funds, or backing gaming and fintech companies, the most popular method currently is through the purchase of metaverse cryptocurrency tokens. There are many coins that are building and investing into this exciting new sector and an early investment into such tokens could potentially yield handsome returns for its holders. 

Buying cryptocurrency tokens is an easy route compared to other options as setting up an account on a cryptocurrency exchange takes a few minutes.

Top 5 Australian Exchanges to invest in Metaverse tokens 

Disclaimer: Cryptocurrencies are speculative and may involve significant risks. We are not financial advisors and do not provide advice on any personal circumstances. We have strived to keep our tables as accurate as possible but fees may change from time to time without our knowledge. In some cases, thinkingofbuyingcrypto.com may earn a commission or a fee from its website tables.

EXCHANGE

CRYPTO ASSETS

TRADING FEES (2022)

EXCHANGE REVIEW

OFFICIAL WEBSITE

DEPOSIT OPTIONS

COINSPOT

RESPONSIVE CUSTOMER SERVICE & LOW MARKET ORDER FEES

RATING 4.8

Thinking of buying crypto rating

330 +

Market Orders 0.1%



Instant buy & Sell 1.0%

  • PayID

  • POLi

  • Crypto

  • Cash

  • Bpay

  • Bank Transfer

SWYFTX

HIGHLY TRUSTED

RATING 4.7

Thinking of buying crypto rating 

290 +

0.6%

  • PayID

  • Osko

  • POLi

  • Crypto

  • Bank transfer

DIGITAL SURGE

LOWEST FEES

RATING 4.8

Thinking of buying crypto rating 

250 +

0.5%

  • PayID

  • Osko

  • POLi

  • Crypto

  • Bank transfer

COINJAR

GREAT FOR BEGINNERS

RATING 4.3

Thinking of buying crypto rating 

30 +

1.0% based on the transaction amount

  • PayID

  • Osko

  • Credit card

  • Debit card

  • Cash

  • Bpay

  • Crypto

COINBASE

MOST POPULAR EXCHANGE

RATING 3.9

Thinking of buying crypto rating

95+

FEES VARY FOR AUSTRALIAN TRADERS “STANDARD” OR “INSTANT BUY/SELL”


  • Debit card

While there are a number of ways to invest in the metaverse space including stocks, cryptocurrencies, venture funds, or backing gaming and fintech companies, the most popular method currently is through the purchase of metaverse cryptocurrency tokens. There are many coins that are building and investing into this exciting new sector and an early investment into such tokens could potentially yield handsome returns for its holders. 

Buying cryptocurrency tokens is an easy route compared to other options as setting up an account on a cryptocurrency exchange takes a few minutes.

Top 5 Australian Exchanges to invest in Metaverse tokens

Disclaimer: Cryptocurrencies are speculative and may involve significant risks. We are not financial advisors and do not provide advice on any personal circumstances. We have strived to keep our tables as accurate as possible but fees may change from time to time without our knowledge. In some cases, thinkingofbuyingcrypto.com may earn a commission or a fee from its website tables.

EXCHANGE

TRADING FEES (2022)

OFFICIAL WEBSITE / REVIEW

COINSPOT

RESPONSIVE CUSTOMER SERVICE & LOW MARKET ORDER FEES

RATING 4.8

Thinking of buying crypto rating

Market Orders 0.1%



Instant buy & Sell 1.0%

SWYFTX

HIGHLY TRUSTED

RATING 4.7

Thinking of buying crypto rating 

0.6%

DIGITAL SURGE

LOWEST FEES

RATING 4.8

Thinking of buying crypto rating 

0.5%

COINJAR

GREAT FOR BEGINNERS

RATING 4.3

Thinking of buying crypto rating 

1.0% based on the transaction amount

COINBASE

MOST POPULAR EXCHANGE

RATING 3.9

Thinking of buying crypto rating

FEES VARY FOR AUSTRALIAN TRADERS “STANDARD” OR “INSTANT BUY/SELL”


While there are a number of ways to invest in the metaverse space including stocks, cryptocurrencies, venture funds, or backing gaming and fintech companies, the most popular method currently is through the purchase of metaverse cryptocurrency tokens. There are many coins that are building and investing into this exciting new sector and an early investment into such tokens could potentially yield handsome returns for its holders. 

Buying cryptocurrency tokens is an easy route compared to other options as setting up an account on a cryptocurrency exchange takes a few minutes.

Most Popular Metaverse tokens Australians can invest in 2022

sandbox metaverse

1. SAND:

It is the native token of the Sandbox gaming ecosystem. The game has been developed by Pixowl. SAND tokens enable holders to participate in governance through a decentralized organization. Sand is, therefore, a unique gaming experience where the users can create in-game non-fungible tokens (NFTs) and sell them to earn profits.

Sandbox has provided users with a gaming metaverse where players can interact with each other, buy/sell tokens through a marketplace, and even govern the empire. Users can buy/sell properties or “LAND” and can also develop their plots by building up assets. The metaverse of Sandbox is a truly interactive gaming universe. Plus, it allows users to earn through trading assets or holding the SAND token. The SAND token currently trades at $3.81.

Click here to find the top 5 exchangest to buy Sand in 2022

2. Axie Infinity: Axie Infinity is perhaps the most popular metaverse powered game in 2022. 

Its native token AXS has seen enormous growth reaping a lot of profit for its early holders. AXS is the native token of the Axie Infinity universe and is used for governance purposes. It can also be used as an investment asset since it is required inside the game and has a built-in use case within the Axie Infinity gaming ecosystem.

The Axie Infinity metaverse is a battle game where characters called Axies can be bred through body parts purchasable via gaming tokens. So the more tokens a player has, the better Axie he can build and the more power he enjoys during gameplay.

The AXS token currently trades at $57.40 at the time of writing. The token was trading at the $2 level a year ago. This should give you an idea of the kind of returns early backers of AXS have received to date!

Click here to find the top 5 Australian exchanges to buy Axie Infinity in 2022

3. My Neighbour Alice: This is a fun and relaxing farming gameplay that enables building farmlands and developing them through tokens.

The native token is known as ALICE and allows players to purchase land plots, other assets, the token can also be used for staking and governance purposes. Inside the game, ALICE tokens can be earned by participating in competitions and gaming events.

My Neighbour Alice provides various sources of income through the sale of NFTs including land plots. The ALICE token can also be staked for earning a passive income. The all-time high price for the ALICE token is $40.93 achieved in March 2021. The token is available at a discount currently and is trading at $8.19 at the time of writing.

Click here to find the top 5 Australian exchanges to buy ALICE TOKEN in 2022

4. Highstreet: It is a metaverse virtual reality-powered game where users get to fight monsters.The Highstreet gaming universe works on a quest type model where players have to fight and successfully advance through various levels of difficulty.

The native token HIGH is used as a governance token, it can be earned by renting out property inside the Highstreet ecosystem, and can also be staked for earning a passive income. The Highstreet game is still being developed and more features will be added in the future. It is an exciting game that utilizes the full power of metaverse through virtual reality simulation.

The tokens can also be used to purchase real and physical goods. HIGH is currently trading at $4.90 at the time of writing.

Click here to find the top 5 Australian exchanges to buy Highstreet in 2022

5. Illuvium: This gaming metaverse is a 3D rich empire where players get to battle it out with the help of characters called Illuvials.

Players need to find these gaming characters hidden inside the Illuvium universe and build them slowly to get better powers and attributes. Each character has different skills and the players can add body armour and other assets to ensure more power during gameplay.

The native token Illuvium (ILV) is currently trading at $616 at the time of writing. The team behind the ILV project is highly experienced and has given a lot of thought towards building a rich ecosystem and this reflects in the success of their token. More games are in the pipeline and ILV token holders will continue to enjoy various benefits such as staking and governance powers.

Click here to find the top 5 exchangest to buy Illuvium in 2022

 

The word “Metaverse” where did it come from?

The word metaverse was coined by Neal Stephenson, an author, way back in 1992. 

The term has entered mainstream news and everybody including MNCs such as Facebook and Microsoft have accepted that metaverse is the next big dot-com boom. It took a while for this technology to become popular because the desired internet speed and blockchain support systems had not been built yet but it has existed in the past as part of popular interactive multimedia games.

Facebook and the Metaverse “Meta”

Facebook underwent a re-branding effort last year and renamed the company “Meta”. It had tweeted, “Announcing @Meta— the Facebook company’s new name. Meta is helping to build the metaverse, a place where we’ll play and connect in 3D. Welcome to the next chapter of social connection.” Source: Twitter.

The blockchain technology that powers gaming and IoT has revolutionized the entire metaverse empire and it is increasingly looked upon as a multi-billion investment opportunity.

Is the Metaverse worth investing in 2022?

Missing out on Metaverse opportunities may be a huge error for a seasoned investor. The most profitable ventures in many cases are those that are constantly innovating and are constantly being discussed by the public. Metaverse is currently in its early stages and early backers could make a lot of money in the potential future if the metaverse evolution can be triggered successfully. 

If you are interested in participating in the metaverse investment opportunity, you could take a look at the above tokens which are involved in this space. These tokens provide a direct method of investing in this upcoming new sector. Most of the metaverse tokens are part of ecosystems that are currently being built so it might take some time for growth and expansion. However, early backers could receive handsome returns in the future if the metaverse continues to expand and these tokens can continue to develop and cash in on this opportunity.

best crypto exchanges australia
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