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What is Moonriver?

Moonriver (MOVR) is a companion network to Moonbeam and provides a permanently incentivised canary network linked to Kusama Network.

  • A “Canary network” is an operational blockchain used to test features for a related main net blockchain. Polkadot was the first blockchain to use this concept, with their Kusama Network.
  • New code deploys to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code can be sent to Moonbeam on Polkadot.
  • MOVR token is used to pay for transaction fees on Moonriver, staking for network validation, governance and liquidity mining.

Moonriver allows developers to build, experiment and launch projects such as dApps in a real environment. This then allows other participants to access, test and familiarise themselves before the project launches.

How do I swap Moonriver?

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Learn more about Moonriver

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

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 Moonriver for free.

Cold Storage

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