Swap Amp (AMP)

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What is Amp?

AMP (AMP) is the native collateral token for the Flexa payment network, a network where AMP is staked to provide collateral for sellers of unconfirmed cryptocurrency payments.

  • Flexa is an innovative digital payment network. AMP is used on the Flexa network to collateralise payments and empowers users to spend their digital assets in the real world.
  • AMP is staked On the Flexa payment network by users to provide the sellers with collateral to unconfirmed cryptocurrency payments. This helps to increase the capacity of the Flexa payment network, where stakers receive rewards from network transaction fees.
  • AMP holders can vote on governance proposals including future grant recipients, partnerships, cross-chain integrations, and DeFi collaborations.

AMP aims to offer a versatile interface for collateralisation of payments through smart contracts that can lock, release, and redirect collateral as needed in order to support value transfer activities.

How do I swap Amp?

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

Learn more about Amp

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

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 Amp for free.

Cold Storage

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