Last update: Jun 6, 2022

How to Buy Conflux Network (CFX)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Conflux Network. Depending on where you’re located, you’ll have various cryptocurrency exchanges to choose from.

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

Let’s get started!

Conflux network

How to Buy Conflux Network – 4 Easy Steps

1. Choose a cryptocurrency 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 Conflux Network 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 exchanges.

4. Buy Conflux Network

Now that you have what you need to buy Conflux Network, head over to the market or buy section of the cryptocurrency trading platform and buy some CFX.

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

Where to Buy Conflux Network (CFX)

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 Conflux Network

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

 

Crypto trading

How to Buy Conflux Network (CFX) 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 Conflux Network in Australia, the process remains the same:

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

Also, check out our comparison of the most trusted crypto exchanges in Australia for those looking to learn more about which ones we like.

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 Conflux Network (CFX) 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 Conflux Network in Canada, the process remains the same:

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

It’s also possible to take a look at our analysis of the most popular crypto exchanges in Canada If you’re curious to know more about which 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 Conflux Network (CFX) 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 Conflux Network 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 Conflux Network if it’s available. If the exchange doesn’t have Conflux Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Conflux Network), and trade your ETH for Conflux Network.

Also, check out our comparison of the crypto brokers in the UK If you’re curious to know more about which ones we like.

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 Conflux Network? CFX Rundown

Conflux (CFX), an advanced DeFi ecosystem, aims to encourage cross-border and multi-chain collaboration within the Asian blockchain sector. This network is unique in many aspects. It is the only publicly-backed, state-endorsed blockchain in China. The Tree-Graph Research Institute, Shanghai, plays an important role in education and research.

Conflux aims to address the most pressing issues faced by both crypto users as well as Dapp developer. Its unique technical infrastructure allows it to offer a wide range of services that no other chain can.

One of the main problems Conflux (CFX) tackles is compartmentalization. The DeFi industry is growing rapidly. This expansion is happening across multiple blockchains. Investors are now paying higher fees to transact assets across different chains due to this state of disarray. Conflux (CFX) provides true multi-chain interoperability. The Shuttleflow service allows users to convert assets between Ethereum, Binance Smart Chain and Huobi ECO Chain using the network's Conflux (CFX) service.

Conflux (CFX), a compliance-focused platform, helps to alleviate another major problem for Dapp developers. The crypto-scape is an ever-changing environment. Conflux provides a platform and tools to help developers build DeFi-compliant technologies. The team also maintains constructive and close relationships with regulatory agencies as part of this strategy.

The multi-chain approach put forth by Conflux also helps to solve the liquidity issues associated with compartmentalization. Developers now have the ability to create multi-chain Dapps that can better serve the investment community's needs. Conflux is a way to connect traders and markets in exciting new ways.

You can enjoy many benefits when you join Conflux Network (CFX). The network's technical structure is decentralized, secure, and scalable. To make it easier for new developers to be onboarded, developers created an EVM-compatible environment.

Conflux users enjoy unrivaled scalability. Conflux's unique consensus mechanism allows for high-throughput without sacrificing centralization. Conflux can complete 3000-6000 tps. Ethereum, on the other hand, can do around 13-15 tps.

The network's scalability allows it to charge lower fees. Conflux charges far less than Ethereum. Dapp developers can pass these low costs on to end-users. Conflux aims to create more robust and powerful Dapps in future.

Regular users can earn passive rewards through the network's Staking Contract functions. You can stake your coins by locking them in a smart contract within the network for a predetermined time. Because you get more consistent rewards, stakes are safer than trading. You also retain ownership of your coins if you stake. Conflux developers may also provide staking options within their Dapps.

Conflux (CFX), a network that provides advanced tools for Dapp development, offers a range of advanced tools. Its low fees combined with the network's open nature make it an ideal platform for developing new financial applications, digital assets, and data economies.

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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.