Why use Swyftx to Buy Decred?

Lowest Fees

Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Decred, than our closest competitors.

Instant Verification

Verify online instantly without uploading documents and deposit AUD to start Decred trading in less than 2 minutes.

Secure Accounts

Breached password detection and Two Factor Authentication help protect your account from scammers.

What is Decred?

Decred is a cryptocurrency designed to be a superior long-term store of value. The hybrid PoW+PoS consensus system provides an additional layer of network security, while stakeholders control budget and policy to make the currency more adaptable. With ten percent of each block reward going to the project Treasury, Decred is completely self-funded. This financial model reduces conflicts of interest and enables ongoing development powered by a unique contractor model that allows contributors to receive payment for work they find interesting. Together, these systems provide solid protection against value-loss events like chain splits and hard forks, giving Decred the resilience to stand the test of time.

How do I buy Decred?

To buy Decred, log into the Swyftx crypto exchange, enter an amount of Decred you want to buy, or the amount of Australian dollars you want to sell. If you’re happy with the price, tap the ‘Buy Decred‘ button to complete your Decred purchase. You can deposit AUD via BPAY, OSKO, PayID, POLi Pay, or Bank Transfer as your payment method to instantly purchase Decred and other digital currencies, including ‘alt coins’. Once the transfer is processed, your account balance can be used to buy Decred which will be available in your Swyftx hosted online Decred wallet immediately. Many altcoin wallets are also available in case you want to buy crypto.

You can deposit or withdraw your Decred or other digital currencies from your private online Swyftx wallet at any time. Sign up for your own Decred exchange trading profile and start buying or selling Decred by creating a free account now.

How do we determine the price of Decred?

The price of Decred listed for trading on the Swyftx crypto exchange is set by real world trade volumes averaged on global exchanges, so our Decred price won’t fluctuate as heavily as you might see on our competitors sites. Decred prices are influenced by the supply and demand from buyers and sellers through out the world.

The current price of Decred is set at the price of the last trade that took place, meaning the latest price a buyer and seller agreed to exchange at. Swyftx doesn’t charge any artificial spread on Decred nor does it “make the market” when you buy Decred. This means you can trade as little or as much Decred as you like and know that you’ll always get the best prices with the lowest fees on our Decred Exchange.

Decred in minutes!

Buy Decred on Swyftx and we immediately make the Decred available in your wallet. It’s super easy and super fast!

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More trading options

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Buy, Sell and Trade many more Coins, Assets, Tokens and Digital Currencies with Swyftx, the most progressive Australian Crypto Exchange!

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