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What is MANTRA?

MANTRA (OM) is a community-governed DeFi platform focused on staking, lending, and cross-chain DeFi products.

  • They have built a suite of DeFi products that include a multi-asset staking platform, money markets lending protocol, gamified lottery pool, and stablecoin minting protocol.
  • The suite is currently built on Ethereum, but the team plan to integrate Binance Smart Chain, Polygon and Polkadot.
  • OM tokens can be earned by staking Polkadot (DOT) & Kusama (KSM). It is also used for governance, for lending with ZENTEREST and to access MANTRA POOL lottery rewards.

MANTRA seek to create a community-governed, transparent and decentralised ecosystem for web 3.0. The team aim to build a platform that gives financial control back to the people, so that they may store and grow wealth together.

How do I swap MANTRA?

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Learn more about MANTRA

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

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 MANTRA for free.

Cold Storage

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