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What is NuCypher?

NuCypher (NU) provides decentralised data encryption & protection to public networks and decentralised applications (dApps).

  • The protocol is a decentralised Key Management System (KMS), encryption and access control service.
  • NuCypher enables storage & sharing of sensitive data within industries such as healthcare, digital identity management, decentralised marketplaces and more.
  • NU token is used for incentivising network participants to perform key tasks, for staking to ensure network integrity, and governance through the NuCypher DAO.

NuCypher’s encryption service was designed for use on other blockchains, and the team aim to provide unparalleled security for sensitive data transfer.

How do I swap NuCypher?

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Learn more about NuCypher

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

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 NuCypher for free.

Cold Storage

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