How to Buy Celer Network (CELR) in Australia

1. Choose a crypto exchange

First things first, you need an exchange that both has Celer Network, and is trustworthy!

You can find our top 3 exchanges for buying Celer Network here, alternatively you can also check our comparison of the best crypto exchanges in Australia if you’re generally interested in seeing which exchanges work for Australians.

2. Sign up with the crypto exchange

Once you’ve chosen your crypto exchange, it’s just a matter of signing up and getting your account verified. Most exchanges have streamlined this process very well so it shouldn’t take long.

3. Fund your account

The next step is to transfer AUD or another cryptocurrency into your account. Most top crypto exchanges offer various payment methods. From bank transfer to PayID, POLi pay and credit cards, it’s very straightforward.

4. Buy Celer Network

And of course, the final step is to find Celer Network on the exchange and buy it. A lot of exchanges offer different ways of buying cryptocurrencies, like market orders and limit orders.

Where to Buy Celer Network (CELR)

ExchangeRatingAvailable CryptocurrenciesFeesVisit Site
Swyftx Logo5/5350+0.6%VISIT SITE
Binance Logo4.5/5300+0.1%VISIT SITE
Digital Surge Logo4/5200+VariesVISIT SITE

How to Sell Celer Network

  1. Sign into the exchange
  2. Find where you stored your Celer Network, either on a hardware wallet or on the exchange.
  3. Transfer your Celer Network to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
  4. Sell Celer Network.
Businessman looking at crypto trend

Considerations when looking to buy Celer Network.

Celer is a blockchain interoperability protocol that allows users to access tokens, GameFi, DeFi, NFTs and governance across multiple chains. The Celer Inter-chain Messaging Framework allows developers to create inter-chain-native Dapps to access efficient liquidity utilization, coherent app logic, and shared state. Celer-enabled DApps users will be able to enjoy the advantages of a multi-blockchain ecosystem, as well as the simplicity of a single transaction UX.

Celer Network's blockchain State Guardian Network supports and secures the architecture. It uses a Proof-of-Stake consensus variation called Delegated Proof of Stake. Participants can stake their coins to receive a reward and transfer the responsibility for validating transactions "delegates".

Celer State Guardian Network is built on Tendermint and acts as a message relay between different blockchains. To join the consensus process of SGN, validator nodes must stake CELR tokens. The CELR staking process supports economic security for the Celer Interchain Messaging Framework. Users must pay a fee for the SGN to use its message routing service and store the multisignature attestation. These usage fees, in addition to block rewards are paid to CELR stakers or validators for their efforts in securing network.

Celer is fundamentally changing how multi-blockchain, cross-blockchain dApps can be built and used. Developers no longer need to deploy multiple copies of smart contract on different blockchains. Instead, they can build inter-chain-native apps with efficient liquidity utilization and coherent application logic. Celer-enabled dApps users will be able to enjoy the advantages of a multi-blockchain ecosystem. They can also benefit from the simplicity of a single transaction UX and avoid complicated manual interactions across multiple Blockchains.

Celer employs smart contracts that are deployed on every chain and paired with the State Guardian Network (a Tendermint-based Blockchain), to allow seamless interoperability across multiple blocks. A user or a dApp can send a message to a Message Bus smartcontract on the source chain with a structured header, arbitrary binary payload and a structure header. The State Guardian Network will then reach a consensus about the existence of the message and generate an attestation with multiple signatures. The Executor who subscribes to the message receives the attestation. The same Message Bus contract is used to verify the validity of the message on the destination chain. It triggers the logic associated with that message either immediately after a timeout or immediately thereafter.