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What is Skycoin?

Skycoin (SKY) aims to provide a platform that is completely secure, infinitely scalable, and ISP independent. It’s to be backed by bandwidth, storage, with a heavy focus on computational power.

- Skycoin is attempting to solve the issues surrounding net neutrality and consumer data privacy.
- Skycoin requires no mining, is immune to 51% attack, and states that transactions occur in seconds.
- Skycoin has developed Obelisk, which is a new distributed consensus algorithm that solves the problems of previous generations.

Skycoin is invested in solving many of the technological problems based around net neutrality, decentralisation and privacy. Through an extensive roadmap and driven team, Skycoin has the potential to change the blockchain ecosystem as we know it.

How do I swap Skycoin?

Enter amount to swap
Select the quantity of Skycoin you would like to swap.
Select coin to swap with
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 Skycoin

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

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 Skycoin for free.

Cold Storage

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