Buy Chainflip (FLIP)

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What is Chainflip?

Chainflip (FLIP) is a decentralised exchange (DEX) protocol that powers a cross-chain Automated Market Maker (AMM). This enables users to swap native assets across different blockchain networks without the need for wrapped tokens or specialised wallets.

  • The protocol eliminates the need for bridges, providing native support for a wide range of crypto assets via their unique Just-In-Time Automated Market Maker (JIT AMM).
  • Chainflip's design enables interoperability between non-smart contract chains and smart contract chains, enabling the support of almost any blockchain.
  • FLIP is the native token of Chainflip. It is used to power token swaps, protocol governance and staking to secure the network.

Chainflip aims to be the go-to solution for cross-chain swaps in decentralised spot trading. With their novel Chainflip JIT AMM designed to enable users to benefit from low slippage, and native swapping across multiple chains.

How do I buy Chainflip?

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

Learn more about Chainflip

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

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 Chainflip for free.

Cold Storage

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