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What is Serum?

Serum (SRM) claims to be the first project providing a platform focused on decentalised derivatives. Built upon the Serum protocol, it is permissionless and allows for trustless cross-chain trading.

  • SRM provides solutions around cross-chain support to allow for more flexibility for users.
  • With Solana integration, SRM claims that transactions will be faster and more efficient than the standard processing times of other providers.
  • The team allows for on-chain governance, however removes itself from key functionality that would otherwise impact the decentralised aspects of the platform.

DeFi is continuing to gain popularity every day and SRM is working to solve the potential issues in the space. Through a heavy focus on user-experience and decentralisation, this project could play a key role in the growth of DeFi adoption.

How do I swap Serum?

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Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Serum

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

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 Serum for free.

Cold Storage

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