Last update: Jun 6, 2022

How to Buy Audius (AUDIO)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Audius. Depending on where you’re located, you’ll have a few exchanges to choose from.

In this guide, we not only cover the top 3 global crypto exchanges, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Audius

How to Buy Audius – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have Audius of course.

2. Sign up with the crypto exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto exchanges.

4. Buy Audius

Now that you have what you need to buy Audius, head over to the market or buy section of the cryptocurrency exchange and buy some AUDIO.

If the crypto exchange doesn’t have any Audius on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has Audius first), and trade your Ethereum for Audius.

Where to Buy Audius (AUDIO)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell Audius

  1. Sign into the exchange where you bought Audius.
  2. Move your Audius to the right place on the crypto exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell Audius.

 

Crypto trading

How to Buy Audius (AUDIO) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy Audius in Australia, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy Audius if it’s available. If the exchange doesn’t have Audius. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Audius), and trade your ETH for Audius.

It’s also possible to take a look at our analysis of the best platforms to buy cryptocurrency in Australia if you’re looking to learn more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy Audius (AUDIO) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy Audius in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy Audius if it’s available. If the exchange doesn’t have Audius. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Audius), and trade your ETH for Audius.

You can also take a look at our analysis of the cryptocurrency brokers in Canada if you’re curious to know more about the exchanges we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy Audius (AUDIO) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy Audius in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy Audius if it’s available. If the exchange doesn’t have Audius. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Audius), and trade your ETH for Audius.

If you’d like to know more about the exchanges we prefer, read our list of the top 10 crypto exchanges in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying Audius? AUDIO Rundown

Audius, a decentralized music streaming protocol, was initially developed on POA network but is now running on Solana. Audius was created to address the inefficiencies in the music industry. It is plagued with intransparent music rights ownership, intermediaries between artists and their audiences, and a lack of transparency in music licensing.

Audius aims at aligning the interests of fans, artists and node operators via its platform powered with its native AUDIO token. Artists have the ability to upload music that can be stored and distributed by content discovery nodes. Fans can then listen to it for free. Audius currently rewards content creators with rewards such as inclusion in the weekly trendsing lists. It plans to add stablecoins to artists to allow them to pay for content. Additionally, artist tokens will be available to fans that grant them access to exclusive content. This could possibly include collaboration with platforms like Rally.

Audius is made up of four major participants: fans, artists, content nodes, discovery nodes, and fans.

Audius allows artists to publish content. It is free and they can stream music at 320kbps. This is comparable to Spotify or Google Play Music. Audius is not protected by copyright due to its decentralized nature. However, the protocol is developing an arbitration system that will be ignored by the community. Audius can be used by artists to share bonus tracks or experiment, and the platform plans include artist tokens for monetization. Artists must stake AUDIO. Artists can also participate in reward programs that will see tokens being airdropped to most famous artists.

Listen to tracks free of charge and you may be able stake AUDIO in the future to support artists' growth. You can also show your NFTs on the platform and earn badges.

The availability of content is maintained by the AudSP Content Nodes, a platform-native extension of IPFS. Artist's clients elect a set to automatically do this on their behalf. Fan clients fetch the content and submit proof to request keys to the nodes. Artists can also run their own content nodes to have greater control over the distribution of their content. The protocol's content ledger keeps track of all actions and provides a single source for truth.

The discovery nodes index metadata that users can query. In other words they allow users to search for new content and act as the registry of it on the platform.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.