Buy Symbol (XYM)

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What is Symbol?

Symbol (XYM) is the native currency of the Symbol public blockchain and was distributed as an airdrop to all NEM (XEM) holders.

  • XYM is used to pay for transactions in order to incentivise a network of public nodes that process and record transactions,
  • The Symbol wallet can be used to manage XYM, issue transactions, create custom accounts, mosaics, and namespaces.
  • Through a feature called Delegated Harvesting, XYM holders can stake their coins and delegate it to a node to receive block rewards.

The Symbol team seeks to increase trust, connectivity and transparency through blockchain technology. They are working to create a secure value exchange network for businesses, developers and individuals.

How do I buy Symbol?

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

Learn more about Symbol

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

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 Symbol for free.

Cold Storage

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