Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Ellipsis, and is trustworthy!
You can find our top 3 exchanges for buying Ellipsis here, alternatively you can also check our comparison of the best cryptocurrency 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 Ellipsis
And of course, the final step is to find Ellipsis 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 Ellipsis (EPS)
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How to Sell Ellipsis
- Sign into the exchange
- Find where you stored your Ellipsis, either on a hardware wallet or on the exchange.
- Transfer your Ellipsis to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Ellipsis.
Considerations when looking to buy Ellipsis.
Ellipsis is an authorized Curve Finance fork, which offers stable and secure swapping on Binance Smartchain. Ellipsis is a Curve fork and will be supported by the Curve team. Ellipsis will in return ensure that there are no withdrawal or deposit fees, liquidity lockups, high efficiency, and no liquidity lockups. 25% of the total EPS supply has been allocated to the veCRV holders’ airdrop event.
Both Curve and Ellipsis follow the AMM model. AMM (Automated Market Maker), an exchange model, allows decentralized trading using smart contracts and algorithms to determine the asset's price. These activities take place within a liquidity pool where users contribute liquidity to receive incentives from the project.
The native token of the Ellipsis platform is EPS. It is considered a revenue-generating token and will benefit liquidity providers as well as EPS stakers. They will be entitled to a 50% share of trading fees.