How To Buy (FET) Coin In Australia

Last Updated April 5th 2022
10 Min Read

This guide will cover everything you need to know, from how to open an account to how to set up a crypto wallet to how to invest in in Australia. Ready to get started? Read on to learn how to buy in Australia.

Founded in 2017, has become a trending topic in the DeFi industry. It is an AI-based platform built on the distributed ledger and allows people to use several AI services more efficiently. network is powered by its native cryptocurrency - FET, which is a necessity to have if you want to use the platform. Apart from being used within the ecosystem, FET cryptocurrency is widely used for trading. 

​​If you are interested in investing in FET cryptocurrency, you are in the right place. This article will tell you everything you need to know about and FET coins. You will also find the best platforms to buy in Australia and be guided on how to do that. 

How To Buy In In Australia – Quick Guide

To help you buy coins as quickly as possible, we broke the process down into a few easy steps:

  • Step 1: Open an account with eToro – Head to eToro’s website and click join now to open a new account.
  • Step 2: Verification – By uploading essential documents that show proof of identity and home address, you will get your account verified in a short time. 
  • Step 3: Deposit – Fund your new eToro account with a minimum of $10. 
  • Step 4: Search for on eToro – Search for FET or in the eToro crypto market.
  • Step 5: Buy FET – Enter the amount of the worth of you want to purchase in United States Dollars (USD), then click Open Trade. 

That’s it! By following these easy steps, you can invest in in Australia in less than 5 minutes.


buy FET

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Where To Buy (FET) Coin In Australia - Best Brokers And Exchanges

Are you researching where to buy in Australia? You’re in the right place. In this section, we will inform you about the best exchanges and places to buy in Australia. 

You can buy on an exchange or brokerage platform that supports the cryptocurrency and operates in Australia. As FET is quite a popular coin it is listed on several cryptocurrency exchanges, so you have a good selection of platforms. Still, you need to find the best one that will meet your requirements regarding safety, trading fees, usability, functionality, etc.

Here are the best exchanges to buy FET coin in Australia that we have chosen after doing a thorough analysis of several platforms.

  • eToro - Best place to buy (FET) in Australia
  • Binance - Best exchange to buy FET in Australia for asset diversity
  • Coinbase - Best place to buy (FET) for beginners
  • OKEx - Best platform to buy FET in Australia for low-cost

buy FET

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

What Is (FET) Coin? is a decentralized open-source project that uses AI agents to give people efficient solutions to their daily problems. The platform provided services in different fields including trading, public transportation, gig economy, smart cities, etc. It does so by building a more direct connection between the user and supplier thus reducing the role of the intermediates which also decreases the prices paid to them. 

Finding that collecting the whole data may be too expensive, the project uses the data of IoT devices and by connecting to your device can have access to your environment and provide useful information. also issued a native token - FET which is an ERC-20 token-based coin and is used within the ecosystem to hire agents, get rewards, etc. 

Most importantly, this is the only coin that works within the FET platform, so people who want to use the services of must possess FET coins. The maximum supply of the FET coin is 1,152,997,575 FET and it has a circulating supply of 746,113,681 FET coins. FET coin is valued at $0.467 at the time of writing which gives it #167 on the market cap charts with a market cap of $349,501,565, according to 

FET 1-year price chart price movements in one year. More data on was founded in 2017 by a group of software developers, one of whom has been a former member of the AlphaGo team. In 2019, they conducted an Initial Exchange Offering and raised $6 million. Meanwhile, has already created several significant co-operations and partnerships with such companies as Binance, BOSCH, Festo, etc. 

What’s The Best Place To Invest In (FET) Crypto In Australia?

Before selecting a brokerage platform to trade cryptocurrency in Australia, you need to sort out some features which a platform should possess to be considered a good one. The primary features include trading fees, functionality, speed, and security. Because trading requires buying and selling assets quite often, your platform must be well-suited for it - offer low trading fees, good safety mechanisms, operate quickly and provide a simple interface. 

Exploring these features in a number of cryptocurrency exchanges and brokerage platforms we have concluded that eToro and Binance are the best platforms to trade (FET) coin in Australia. Here are our quick reviews of both platforms. 


eToro is a brokerage platform that supports a wide selection of assets. It is one of the most reputable brokers in the industry that stands out with competitive trading fees, a very easy-to-use interface, high-standard security structures, and a fascinating social trading platform with several benefits. It lists almost 50 cryptocurrencies which are equal to those of the crypto exchanges. 

Buying FET on eToro image

Buy (FET) on eToro

The eToro's platform offers a good selection of beginner and advanced trading tools, a news section, educational content, and two significant social trading tools to copy the portfolios of various traders. eToro is a highly-regulated platform that guarantees your safety. Apart from low trading fees, it also offers low withdrawal fees, no deposit fees, and no management fees even for the social trading platform and tools. To start trading (FET) coins on eToro, you may need to deposit at least $50. 


Binance is one of the most popular names in the cryptocurrency trading industry. The exchange supports more than 500 coins which makes it an excellent choice if you intend to diversify your portfolio. Binance is famous for its several advanced tools designed specifically for expert traders, but it’s also well-designed for beginners. Though some functions of the exchange can be challenging to use for newbies in the field. 

Trading FET on Binance image

Trading on Binance

Here’s How You Can Instantly Buy (FET) Coin In Australia

Besides finding the best platform to buy (FET) coin, you may also be interested in how to buy it. Here is a complete guide that explains all the steps involved in the process. 

1. Open an Account with an exchange that Supports FET

First, visit the exchange of your choice and sign up for an online account. It’s an effortless process that requires filling in the details about your identity, address, birth date, etc. You need to also create a username and password for your account and provide an email. Next, you need to check your email and confirm the verification or provide a phone number for the initial verification. 

The next verification phase is more advanced but everything will go smoothly if you do it in the correct way. Top brokers and exchanges usually require an address and identity verification, so what you need to do is to provide a copy of your ID or driver’s license for identity verification and a utility bill for address verification. 

2. Select a Payment Method and Make a Deposit

It is also necessary to charge your account which you can do in several ways - most of the platforms support bank cards, wire transfers, and multiple e-wallets, such as Skrill, Paypal, etc. So, select the most suitable for you and fill in the amount of money you want to transfer into your exchange account. The process may take from 1-2 hours to 4-5 days depending on the payment method you use. 

3. Buy (FET) Coin  

Now, when you have finished verifying and funding your account, you can eventually buy the FET coin. Select the type of order you want to use - it can be a standard order or a limit order, decide on how many coins you want to buy and finalize your purchase by clicking on the “Buy” button.

4. Set up a Crypto Wallet

When your FET coins are transferred into your exchange account, you need to decide where to keep them. The main options are to keep it on your exchange account or use a software or a hardware decentralized wallet which you should choose depending on your investment goals and budget. 

Check Out: The Best 5 Ways To Buy (FET)

buy FET

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

How To Buy (FET) Coin With A Credit Card?

There are multiple payment methods you can use to buy, but the bank card option is the fastest and most secure. The leading cryptocurrency trading platforms support bank card payments and they use top-notch safety mechanisms to protect your card’s safety. So, before trusting your credit card details to a broker once again make sure your broker is regulated or uses robust security features. 

Buying (FET) coins with a credit card is a quick process. First, visit the platform that supports FET coin and open an account if you don’t have one yet. Your second step is to link your credit card to your brokerage account by providing the required details about your card. Finally, you can deposit the amount of money you want to use to buy FET coins and open a buying order. 

Here’s How You Can Start Trading (FET) Coin In Australia

If you want to be more actively involved in the (FET) market and gain rewards from its price fluctuations you need to open a trading account. But there are some nuances to pay attention to before you start trading. Here is a quick guide explaining what FET trading requires. 

1. Register for an Account and Verify It

In the beginning, surely you must select a cryptocurrency broker that will be quick and cost-effective. And of course, you can’t trade without a trading account. So, click on the “Register” button and create an online account. You will also need to verify your account if you use a regulated and secure broker. 

2. Deposit Money into Your Account

Charging your account is possible in different ways. If you aim to make quick trades and orders, you will need a payment method that transfers funds quickly. The bank card is the fastest option for you as it completes the transaction even in some seconds. But if you are not in a hurry, wire transfers and e-wallets also work and are a more cost-effective method when it comes to depositing fees. 

3. Develop a Trading Strategy

Even if you have an account, you still can’t trade efficiently, if you are not familiar with the coin you are going to trade. So, before you execute any trades, you need to collect a lot of information about the asset, explore its pros and cons, do a market and fundamental analysis, consider all the risks and factors that can affect its price, etc. All these details will help you in developing an excellent trading strategy and make your trades organized. 

4. Start Trading (FET) Coin

When you complete verifying and funding your account, and have a trading strategy, you can finally start implementing it. It is also important to follow the news and learn about the factors that can affect the market overall. Active trading requires a lot of energy and time, so you must be ready to spend it otherwise you can select a more passive strategy. 

Best Digital Wallet For (FET) Coin 

etoro crypto wallet

Apart from the exchange accounts where you can store your coins after buying them, you have another option - to transfer them to a decentralized wallet. These wallets into two large groups - software and hardware wallets. Software wallets, also known as hot wallets, are more practical, cost-effective, and easy to obtain. 

Several cryptocurrency exchanges are providing their software wallets, including the Money wallet designed by eToro, Trust wallet operated by Binance, Coinbase wallet that belongs to the crypto exchange of a similar name, etc. Software wallets are free to download, and you can store your coins on them without any fees. They also provide an in-built exchange where you can swap between various crypto pairs. 

Hardware wallets are pricey but they are considered the most secure storage for your cryptocurrency. These wallets are not that practical when it comes to trading frequently, because it will take a long time to transfer coins between your exchange account and wallets. And they don’t provide an exchange platform to swap between cryptocurrencies. Still, a hardware wallet is an excellent option for storing a huge amount of crypto as a long-term investment. As FET is an ERC-20 token, you can store it on any hardware wallet compatible with ERC-20 tokens, including Ledger Nano Wallet, Trezor, etc. 

buy FET

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Should You Buy (FET) Coin Right Now? (FET) can be an excellent buy right now as it is traded at low prices. Plus, the project aims to bring innovations in the industry and improve the DeFi digital economy. Hence, the demand for the FET cryptocurrency will grow if more and more people use its platform meaning that its value will increase too. Meanwhile, you should consider that is a risky investment and there are always some chances to lose your investment. 

Don't Miss: Price Predictions


People use services by paying in FET coins which are created to power the network. Besides using it on the network, you can trade or stake FET coins. FET is supported by various cryptocurrency exchanges, and to buy (FET) coin in Australia you will need a broker on which you can open an account and start investing. 

You now know how to buy in Australia via eToro or Binance, both are fully regulated exchanges. The process takes less than 5 minus from start to the end.

In choosing eToro, you will only need to invest $50 into Just Make sure you search thoroughly before investing.

In short, is a decentralized platform that incorporates artificial intelligence to provide efficient and quick solutions for everyday problems. It’s a project that aims to help users connect with the suppliers and use their services more quickly and easily, reducing the role of third parties. 

eToro — Best Place To Buy In Australia

Open an account with eToro, deposit some funds with USD, and finally – buy from just $50.

eToro have proven themselves trustworthy within the Crypto industry over many years – we recommend you try them out.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

FAQs on How to Invest In In Australia

Where is the best place to buy in Australia?

If you’re wondering where to buy in Australia, several brokers and exchanges support this crypto asset. However, eToro offers the safest way to invest in as the platform is fully regulated in Australia.

Will ever get to $1?

In order for to get to $1, it would only need to increase by a further 50% from today' price. is still trading at a price below $0.75, so the FET coin requires a much higher upside to get to the $1 level. However, experts think the coin could hit that level by the end of this year. Whether or not can achieve this mark remains to be seen.

How can I buy in Australia?

To buy in Australia right now, open an account with the AU-regulated broker eToro and deposit some funds. Next, search for the FET coin and enter the amount you want to invest. Finally, confirm your trading order.

Read More:

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