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What is WEMIX?

WEMIX (WEMIX) is a service-oriented blockchain platform that provides a variety of Web3 products and experiences. The WEMIX platform includes WEMIX Play – a blockchain gaming platform, Wepublic – a transparent social platform, and other features.

  • WEMIX is a high performance Ethereum Virtual Machine (EVM) compatible protocol. This helps ensure high levels of security, and on-chain governance.
  • Using the Stake-based Proof of Authority (SPoA) consensus mechanism, WEMIX has a maximum capacity of 4,000 transactions per second.
  • WEMIX is the native token of the WEMIX ecosystem and is used as a medium of exchange and payment method for gas fees.

By fostering collaboration between developers, games, and stakeholders, WEMIX aims to create a mega-ecosystem of Web3 applications where users can enjoy a seamless experience across multiple platforms. While ensuring a high level of security and transaction throughput.

How do I swap WEMIX?

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Learn more about WEMIX

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

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 WEMIX for free.

Cold Storage

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