How to Buy Qtum (QTUM) in Australia

A Step-by-Step-Guide on how to buy Qtum (QTUM) in Australia

Step 1 – Join Coinmama

You will first need to purchase units of the major currencies. Exchanges commonly accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below to register and to get your Bitcoin (BTC) or Ethereum (ETH).

Binance Signup
Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) will need to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is alike. Qtum (QTUM) is available on Binance, so we're going to use that as an illustration. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've chosen the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, ETH to an ETH deposit address, etc. If you are dealing with a decentralized exchange, like Airswap or DDEX could be opposed (Just follow our manual).

Step 3 – Find {Qtum (QTUM)|(QTUM) Qtum}

Once your deposit has been approved, you'll instantly have access to your funds and you can start purchasing and trading. To invest in {Qtum (QTUM)|(QTUM) Qtum} on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”.

To discover {Qtum (QTUM)|(QTUM) Qtum}, you'll need to insert the short name of the asset (QTUM) into the search-box, which is marked in the picture. Make sure you have selected the correct grouping, we have marked this too. Click on “QTUM/BTC” to progress.

{How to buy Coin on Binance 1|Binance How To Buy 1} Qtum (QTUM)
Step 4 – Buy {Qtum (QTUM)|(QTUM) Qtum}

After you've located {Qtum (QTUM)|(QTUM) Qtum}, you'll be given a Price Chart (in the Center of the image) and some Order Books (Leftside of the image). And now we're making our Limit Order.

The ”Price” field will be filled with the up-to-date tariff {Qtum (QTUM)|(QTUM) Qtum} was sold for. This can be changed to your preferred rate. The ”Amount” field is the amount of QTUM you want to buy. The field with the “Total” tag is the whole price in BTC that you will pay for the whole amount of QTUM.

If you are satisfied, click on “Buy QTUM”. Your order will be filled when a Vendor trades their QTUM for the price you submitted.

Step 5 – Withdraw {Qtum (QTUM)|(QTUM) Qtum}

Unless you're trading, never keep your crypto on an Exchange for an extended time frame. In order to take off your {Qtum (QTUM)|(QTUM) Qtum}, go to the ”Funds” tab and mouse click on “Withdraw”. {Qtum (QTUM)|(QTUM) Qtum} can be securely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Qtum (QTUM)|(QTUM) Qtum} by using the provided drop-down box. Enter the amount of {Qtum (QTUM)|(QTUM) Qtum} you'd like to take off. Take into account the presented fees/minimums. Also make sure you have entered your right withdraw address.

If you're happy, click “Submit”. You could be asked for verfication via phone/email ahead of a take off.

Congrats! You've successfully purchased and stored Qtum (QTUM) in Australia.

That's it!

Take offs from Crypto Exchange can take anywhere from 1 – 30 minutes (depending on network usage). Once you've confirmed your take off using or and the {Qtum (QTUM)|(QTUM) Qtum} is stored inside your wallet, you are all done.

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