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What is Reef Finance?

Reef Chain (REEF) is an innovative blockchain solution built to provide scalability, instant low cost transactions and supports both Solidity and Ethereum Virtual Machines (VM’s). REEF is the native utility token of Reef Chain.

  • Reef allows application developers to migrate dApps from Ethereum without any changes to the codebase.
  • Reef aims to create an easy to understand and newcomer friendly platform for all DeFi, NFT and gaming projects. To achieve this, Reef Chain resolves the issue of high gas fee’s found on the Ethereum blockchain.
  • REEF can be used for platform governance, protocol fees, staking and as well as yield distribution.

Reef believes the current Decentralised Finance (DeFi), NFT and gaming landscape is fragmented and creates a painful experience for all participants. Reef is working with hundreds of developers around the world to build a platform that will provide the most robust platform for DeFi, NFTs and gaming with the best user experience.

How do I swap Reef Finance?

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Select the quantity of Reef Finance 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 Reef Finance

Why Should I Trade REEF 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 Reef Finance no matter what your trading experience is. Unlike other international and Australian Reef Finance 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 Reef Finance 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 Reef Finance 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 Reef Finance?

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 Reef Finance for free.

Cold Storage

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