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What is Status?

Status (SNT) is an open-source project providing the Status app software to users of both, mobile and desktop. The Status app is a secure communication tool and application that combines messaging, community, crypto wallet and dApp browser.

  • Status’ unique messenger design was chosen to make Ethereum feel as familiar as possible to the average smartphone user, allowing users to access ETH’s network of dApps directly from a mobile device.
  • Messaging via Status ensures that all direct messages and group chats are protected by end-to-end encryption. The Status app also offers further privacy features like metadata privacy, perfect forward secrecy (PFS), decentralisation and permissionlessness.
  • SNT is a modular utility token that fuels the Status network. It is used for platform governance, accessing and powering the decentralised Status applications, services and p2p networks.

With an aim to help the growth of Web3, Status provides a simple and understandable interface to make using the Ethereum network feel familiar to general audiences, while allowing for secure and easy communication.

How do I swap Status?

Enter amount to swap
Select the quantity of Status 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 Status

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

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 Status for free.

Cold Storage

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