Success order created successfully.
Error order was not created.
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Amount is too high. The maximum per order is $10,000 order was not created.
Incorrect amount order was not created.

Due to recent regulatory changes in Australia, CoinSpot can no longer offer their trading services to Unverified International Accounts.

Please note, you have not lost access to your CoinSpot account or your current balance, but there are restrictions in place whereby Buying, Selling and Trading activity has now been disabled.

You are still able to withdraw your holdings from your CoinSpot account. Please arrange to withdraw your balance to your own personal wallet or alternative exchange as soon as you are able to.

If you have any further questions or require assistance with your withdrawals, please contact helpme@coinspot.com.au.

You must have an account and be logged in to sell MIR
Rate has already changed you need to be quick, the rate changes very rapidly at times. Try refresh and place your order again.

$12.92

  -22.30%

Sell max ($10,000) Change to AUD

Cancel

What is Mirror Protocol?

Mirror Protocol (MIR) is a Decentralised Finance (DeFi) platform that enables the creation of synthetic assets called Mirrored Assets (mAssets).

  • Using the protocol, users can act as a trader, minter, liquidity provider & staker.
  • To mint a mAsset an issuer must lock up more than 150% of the current asset value in Terra stablecoins or mAssets as collateral. If the value of the asset rises above the collateralisation threshold, the collateral is liquidated to guarantee solvency of the system.
  • The protocol accesses underlying asset prices via a decentralised price oracle where prices are updated every 30 seconds. When the price of the mAsset drifts from the primary market, traders are incentivised to trade the asset in for collateral.

Mirror Protocol allows users to access synthetic assets that mimic the price behaviour of real-world assets. This gives traders global access to price exposure without the burden of owning or transacting real assets.

How do I sell Mirror Protocol?

1.
Enter the amount of Mirror Protocol (or Australian Dollar equivalent) that you would like to sell.
2.
Click ’Sell’ to confirm your Mirror Protocol sale and your Mirror Protocol will process within minutes.
Don't have an account? Click here.