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What is API3?

API3 (API3) seeks to build, manage and monetise Decentralised APIs (dAPIs) at scale to enable smart contracts to access dependable data.

  • Currently oracles are the only way that smart contracts and APIs communicate. However, API3 believe oracles are a form of middleware that increase costs and centralisation.
  • The API3 platform enables developers to create decentralised applications (dApps) with decentrally governed and secure data feeds.
  • API3 token is used for governance of the ecosystem through the API3 DAO. Holders can stake API3 into the insurance pool, which gives them access to weekly staking rewards.

API3 provides a secure and interoperable solution to the API connectivity problem that many decentralised technologies face.

How do I swap API3?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about API3

Why Should I Trade API3 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 API3 no matter what your trading experience is. Unlike other international and Australian API3 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 API3 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 API3 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 API3?

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 API3 for free.

Cold Storage

If you are holding API3 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 API3. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for API3. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
API3 has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As API3 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 API3 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 API3 & 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 API3 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 API3 portfolio here.
Yes! With CoinSpot you can convert your API3 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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