How To Buy Quant (QNT) In Australia

A Beginner’s Guide to Buying and Selling Quant Cryptocurrency in Australia

Last Updated January 29th 2023
5 Min Read

If you’re based in Australia and wish to buy Quant – the process is very simple. All you need to do is find a regulated exchange, deposit some funds, and decide how many Quant tokens you want to buy.

Investing in cryptocurrencies can be hard for a beginner trader who does not know where to start. Many challenges come with crypto investments, including the volatile prices that could lead to major losses for a poorly prepared investor. Quant is one of the most popular tokens in the market, and it is ideal for diversifying your portfolio. 

How To Buy In Quant In Australia – Quick Guide

To help you buy Quant 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 Quant on eToro – Search for QNT or Quant in the eToro crypto market.
  • Step 5: Buy QNT – Enter the amount of the worth of Quant 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 Quant in Australia in less than 5 minutes.

 

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

Where To Buy Quant (QNT) In Australia 

Are you looking at how to buy Quant in Australia? Well, there are hundreds of crypto exchanges and brokers in Australia. This can make it hard to know which platform is right for you. 

List of the best Exchanges to buy Quant (QNT) in Australia:

Looking where to buy Quant in Australia right now? Below you will find 4 of the best brokers that allow you to buy Quant in Australia. 

  • eToro - Best broker to buy Quant (QNT) in Australia
  • Binance - Best exchange to buy Quant in Australia for asset diversity
  • Coinbase - Best exchange to buy Quant (QNT) for beginners
  • OKEx - Best broker to buy QNT in Australia for low-cost

A Step-By-Step Guide To Buying Quant (QNT) In Australia 

If you want to buy Quant in Australia, you can use fiat currencies or other cryptocurrencies. 

Buying Quant with other cryptocurrencies 

You can buy Quant using other cryptocurrencies. However, if you prefer this option, ensure that the exchange you will create an account with supports the option. To buy Quant with other cryptocurrencies, simply choose the trading pair that you want to use. Trading pairs include USDT/QUANT, BTC/QUANT and more. 

Buying Quant with fiat currencies 

You can also buy Quant using fiat currencies. If you want to use this option in Australia, you can select a currency such as AUD. However, some exchanges do not allow the direct purchase of Quant using AUD, which is a factor you need to consider when selecting an exchange. 

To buy Quant tokens in Australia, follow the below steps: 

Step 1: Register an account 

The first step to buying Quant tokens is to create a cryptocurrency exchange account. Once you go to the exchange’s registration page, you only need to open an account by providing details such as your name, email address and phone number. 

After providing these details, you need to set up a strong password to keep your account safe. Moreover, you also need to set up a multi-factor authentication process to prevent unauthorized access to your account. 

Step 2: Fund the account 

After opening the account, the second step is to fund it. As mentioned earlier, you can buy Quant using fiat currencies or other cryptocurrencies. in the case of fiat currency, you can deposit funds into the account using a debit card, credit card or link your bank directly to the account. 

However, some exchanges might now allow you to buy Quant directly using fiat currency. In this case, you can use the deposited funds to buy other coins such as Bitcoin that you can later trade for Quant. 

Step 3: Buy Quant 

After funding the account, the other step is to buy Quant tokens. You can buy these tokens by creating an order on the exchange. On the exchange, head to the order page, where you will input the number of tokens you want to buy. Once you have placed the order, you will receive a notification showing that the order has been completed. 

Don't Miss: Quant Price Predictions

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

How To Sell Quant (QNT)

If you want to sell Quant tokens, you can easily do so from the exchange account. Simply create a sell order for the number of tokens that you want to sell. You can choose to sell Quant tokens in exchange for fiat currency or in exchange for other cryptocurrencies. 

You will sell Quant tokens at the prevailing market prices if you are spot trading. After making your sale in fiat, you can easily withdraw the amount you have sold for through your bank account. 

Which Wallets Can I Use To Hold Quant (QNT)? 

After buying Quant tokens, you should transfer them from the exchange and into a crypto wallet. There are two types of crypto wallets. The first is a hot wallet, also known as an online wallet. This type of wallet is ideal for those who would want to trade their tokens frequently.

The other type of wallet is a cold wallet, also known as a hardware wallet. This type of wallet is more secure because it stores your tokens offline. The wallet is also ideal for those who want to hold large amounts of the token or hold the tokens for a long time. 

How Quant (QNT) Works 

Like all cryptocurrencies, the Quant token is also based on blockchain technology. Blockchain technology comes with decentralization, which eliminates the need for an intermediary in settling transactions. Moreover, the Quant network also offers low transaction fees and faster transaction processing when compared to the traditional finance sector. 

Key Things To Consider When Buying Quant (QNT) In Australia 

Some factors you need to consider when buying Quant tokens include the following: 

Historical performance 

One factor that you need to consider before buying Quant tokens is historical performance. This will look at the price movement of the token over the years to help investors know any major gains or losses that it has made. 

Competition 

You also need to look if any tokens compete with Quant by offering the same technological capability. Looking at the competitors will help you know if Quant can be among the leading tokens in the future. 

Popularity 

The popularity of a token will also help an investor know if Quant tokens are attracting market attention. Popular coins in the market are more likely to make major price gains due to increasing buyer support. 

eToro – The Best Platform To Buy Quant In Australia

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

Can I buy Quant in Australia?

It is possible to buy Quant tokens in Australia. All you need is to create an account with a cryptocurrency exchange that is licensed to operate in Australia.    

What details do I need to open an exchange account?

As mentioned in this guide, it is easy and simple for anyone to create a cryptocurrency exchange account. All that one is needed is to provide names, email addresses, telephone numbers and complete a Know-Your-Customer verification.     

Is Quant volatile?

All cryptocurrencies are highly volatile because their prices can change drastically in a short period. Therefore, investors need to be cautious before making any investment. 

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