How to Purchase Steem Dollars (SBD) in Australia

Introduction

When purchasing Steem Dollars, there are several factors to consider, including selecting an exchange to buy it from and the transaction method. Fortunately, we've compiled a list of reputable exchanges to assist you with the process.

Step-by-Step Guide

1. 1. Select an Exchange

   Research and select a cryptocurrency exchange that operates in Australia and supports Steem Dollars trading. Consider factors such as fees, security, and user reviews.

   Platform	Coin	Cost
   Coinbase	Steem Dollars (SBD)	0.12
   HTX	Steem Dollars (SBD)	0.52

2. 2. Create an Account

   Register on the exchange's website or mobile app, providing personal information and identity verification documents.

   Platform	Coin	Cost
   Coinbase	Steem Dollars (SBD)	0.12
   HTX	Steem Dollars (SBD)	0.52

3. 3. Top Up Your Account

   Transfer funds to your exchange account using supported payment methods such as bank transfer, credit card, or debit card.

4. 4. Navigate to the Steem Dollars market

   Once your account is funded, search for Steem Dollars (SBD) in the exchange's marketplace.

5. 5. Select a Transaction Amount

   Enter the amount of Steem Dollars you wish to purchase.

6. 6. Confirm Purchase

   Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy SBD" or equivalent button.

7. 7. Complete Transaction

   Your Steem Dollars purchase will be processed and deposited into your exchange wallet within minutes.

8. 8. Transfer to a Hardware Wallet

   It's always best to keep your crypto in a hardware wallet for security reasons. We recommend using Wirex or Trezor.

What to Be Aware Of

When purchasing Steem Dollars, it's important to choose a reputable exchange that is user-friendly and has reasonable fees. Once you've done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto remains safe.