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What is peaq?

Peaq (PEAQ) is a layer-1 blockchain built to power Decentralised Physical Infrastructure Networks (DePINs), accelerating their development and deployment.

  • peaq focuses on bringing Web3 into real-world applications, enabling DePINs to grow with cost-effective and feast transactions while ensuring decentralisation.
  • The main focus of peaq is to open the door for individuals and companies to build dApps that connect to real-world devices. Current projects built using peaq include a crowdsourced app for mapping noise pollution, a tokenised automated robo-cafe and more.
  • PEAQ serves as the native utility token of the peaq ecosystem. It allows holders to act as validators or deligators, participate in governance, and make decisions about the platform's global upgrades and development.

With a mission to grow the DePIN industry, peaq provides essential infrastructure, empowering the next generation of device-connected applications.

How do I swap peaq?

Enter amount to swap
Select the quantity of peaq 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 peaq

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

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 peaq for free.

Cold Storage

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