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What is Flux?

Flux (FLUX) is the native utility coin of the Flux Ecosystem, created to provide incentives for hardware hosts on the Flux network, to be easily mined, and used as DAO governance of the Flux Ecosystem.

  • The Flux ecosystem aims to provide infrastructure that is Web 3 compatible and scalable. The goal is to allow hosts and developers to easily use their cloud infrastructure while providing incentives using the Flux token.
  • A main aim of Flux is to make the network available to all. Nodes on the Flux network can be run on personal computers, servers and VPS hardware and owners of these nodes are awarded with FLUX.
  • An important aspect of FLUX is its open-source nature. With a community-driven and independent team, the Flux team's goal is to create a truly decentralised future based around Web 3 and open source cloud computing.

The Flux team aims to reach its goals of true decentralisation by providing a highly incentivised ecosystem which provides hardware hosts, GPU miners and node operators Flux tokens as a reward for maintaining the ecosystem.

How do I swap Flux?

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Learn more about Flux

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

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 Flux for free.

Cold Storage

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