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$0.219442 8.93%
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What is Drift?

Drift (DRIFT) is a decentralised trading platform that aims to provide users with on-chain perpetual trading, borrowing and lending capabilities, margin trading and more. DRIFT is the native governance token of the Drift protocol.

  • Drift is built on Solana, and as a result it aims to leverage its fast TPS speed for easy and seamless trade and yield capabilities.
  • The Drift platform allows for passive liquidity provisions, utilises a cross margin and yield bearing system which allows any token to be used as collateral for trading, as well as the Drift insurance fund.
  • DRIFT is the governance token of the Drift DAO. Holders are granted voting rights, this allows the users to propose and vote on changes, as well as upgrades or adjustment to ongoing projects.

Drift (DRIFT) aims to utilises the benefits of Solana to create a multi-purpose decentralised trading platform that is easy to use while including a number of different trading and yield options.

How do I swap Drift?

Enter amount to swap
Select the quantity of Drift you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Drift

Why Should I Trade DRIFT with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell Drift no matter what your trading experience is. Unlike other international and Australian Drift 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 Drift 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 Drift 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 Drift?

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 Drift for free.

Cold Storage

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