Table of Contents
1. Choose a crypto exchange
First things first, you need an exchange that both has Polkastarter, and is trustworthy!
You can find our top 3 exchanges for buying Polkastarter 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 Polkastarter
And of course, the final step is to find Polkastarter 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 Polkastarter (POLS)
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How to Sell Polkastarter
- Sign into the exchange
- Find where you stored your Polkastarter, either on a hardware wallet or on the exchange.
- Transfer your Polkastarter to the right place on the exchange, it could just be the same wallet or a dedicated trading account.
- Sell Polkastarter.
Considerations when looking to buy Polkastarter.
Polkastarter, a blockchain platform, is designed to make it easy to launch cross-chain auctions and token pools. It is used most often by early-stage blockchain companies that need to raise capital and distribute tokens quickly.
Polkastarter allows blockchain projects to easily create cross-chain swap pool, which allows them to secure raise funds while investors can take no risk, as swaps are executed automatically by smart contracts.
POLS, the native utility token on the Polkastarter platform, plays a variety of roles in the ecosystem. It is used for liquidity mining and governance as well as to pay transaction fees and gain eligibility to participate only in POLS-holder pools.
It was launched in December 2020 and quickly grew to be one of the most popular platforms for initial DEX offering (IDO) transactions. Polkastarter is currently on the Ethereum blockchain as of January 2022.
Polkastarter's core offering is the fixed swap smart contract. This allows projects to launch liquidity pools and execute orders at a fixed cost, rather than using Uniswap's AMM model.
It can handle all types of auctions including sealed-bid and Dutch auctions as well as fixed and dynamic ratio swaps. It is suitable for cryptocurrency projects that are looking to raise funds.
Other key features include full KYC integration, liquidity mining, permissionless listing, and anti-scam capabilities.
Not all of these features are available at the moment, but they will be launched later, possibly after Polkastarter switches to Polkadot, which is currently scheduled for Q1 2021.