Buy FIO Protocol (FIO)

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What is FIO Protocol?

FIO Protocol (FIO) which stands for the Foundation of Interwallet Operability, is an industry focused consortia of wallets exchanges and cryptocurrency payment processors and other relevant entities. FIO aims to operate as a Decentralised Autonomous Consortia (DAC) creating a blockchain ecosystem that is guided by the community and its users.

  • FIO addresses utilise single identifiers and eliminate the need for seeing, knowing or utilising traditional blockchain addresses.
  • Using ‘FIO Requests’ via the protocol users can created in-app requests for fund and transactions.
  • The FIO protocol uses a dPos (Delegated Proof-of-stake) to maintain its own blockchain known as the FIO chain.

The FIO team are reimagining the way value is sent and received via the blockchain. Key to the teams motivation is designing systems that are ‘Human-Meaningful’ and interoperable between; wallets, exchanges, and coins or tokens.

How do I buy FIO Protocol?

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

Learn more about FIO Protocol

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

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 FIO Protocol for free.

Cold Storage

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