Buy Acala (ACA)

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What is Acala?

Acala Network (ACA) is a smart contract platform that's scalable, Ethereum-compatible, and optimised for DeFi whilst utilising the Polkadot Parachain. ACA is the native utility token of the Acala ecosystem.

  • The Acala ecosystem supports its own ecosystem via its native utility token ACA. They aim to provide reliable transaction speeds for DeFi users.
  • Holding ACA gives individuals the ability to pay for transaction and gas fees, vote for the future of the project via governance, liquidity mining and more.
  • Acala and ACA are working to improve the speed and functionality of their own ecosystem as well as the Polkadot chain as a whole by creating an ETH compatible blockchain.

Acala aims to provide users with an Ethereum compatible DeFi smartchain. Not only this, but as they operate via the Polkadot network, all improvements to the ecosystem also improve the Polkadot blockchain.

How do I buy Acala?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for ACA and click "Buy".
That’s it!
You now own some Acala! You can click "Go to ACA Wallet" to see your Acala.

Learn more about Acala

Why Should I Trade ACA with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Acala no matter what your trading experience is. Unlike other international and Australian Acala exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Acala with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Acala how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Acala?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Acala for free.

Cold Storage

If you are holding Acala as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Acala. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Acala. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Acala has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Acala is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Acala exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Acala & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Acala safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Acala portfolio here.
Yes! With CoinSpot you can convert your Acala to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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