Buy Biconomy (BICO)

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What is Biconomy?

Biconomy (BICO) is a layer 2 network on the Ethereum blockchain aimed to solve existing limitations of Web 3 protocols by providing a plug-and-play relayer infrastructure to developers. BICO is the native token of the network.

  • The ecosystem incorporates a meta-transaction middleware which dApp users can allocate gas fee payments to the service provider and a cross-chain bridge.
  • Their easy to use SDK/APIs enables a seamless, straightforward process for making transactions and simplifying blockchain complexities.
  • The native token BICO is used to pay for transaction fees; users can also stake their coins to become a relayer to receive rewards as well as governance to vote for protocols and decisions within the ecosystem.

By simplifying the crypto transactional layer on decentralised projects, Biconomy aims to improve Web 3 experiences for users that will drive mass adoption.

How do I buy Biconomy?

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 BICO and click "Buy".
That’s it!
You now own some Biconomy! You can click "Go to BICO Wallet" to see your Biconomy.

Learn more about Biconomy

Why Should I Trade BICO 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 Biconomy no matter what your trading experience is. Unlike other international and Australian Biconomy 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 Biconomy 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 Biconomy 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 Biconomy?

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 Biconomy for free.

Cold Storage

If you are holding Biconomy 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 Biconomy. We are trusted by over two million customers and with just a few clicks, you can exchange Australian dollars or other cryptocurrencies for Biconomy. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Biconomy has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Biconomy 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 Biconomy 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 Biconomy & 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 Biconomy 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 Biconomy portfolio here.
Yes! With CoinSpot you can convert your Biconomy 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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