Last update: Jun 6, 2022

How to Buy Dusk Network (DUSK)

Marco velaAuthor: Marco Vela - Fact-checked ✓

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

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

Let’s get started!

Dusk network

How to Buy Dusk Network – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency exchange 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 Dusk 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 crypto trading platforms.

4. Buy Dusk Network

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

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

Where to Buy Dusk Network (DUSK)

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 Dusk Network

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

 

Crypto trading

How to Buy Dusk Network (DUSK) 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 Dusk Network 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 Dusk Network if it’s available. If the exchange doesn’t have Dusk Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Dusk Network), and trade your ETH for Dusk Network.

Alternatively, if you want to know more about which exchanges we prefer, read our comparison of the most popular crypto exchanges in Australia.

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 Dusk Network (DUSK) 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 Dusk Network 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 Dusk Network if it’s available. If the exchange doesn’t have Dusk Network. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Dusk Network), and trade your ETH for Dusk Network.

If you’d like to know more about which exchanges we prefer, read our list of the easiest crypto exchanges in Canada.

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 Dusk Network (DUSK) 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 Dusk Network in the UK, the process remains the same:

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

You can also check out our comparison of the top exchanges to buy and sell cryptocurrency in the UK if you’re curious to know more about which ones we would recommend.

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 Dusk Network? DUSK Rundown

Dusk Network is a blockchain that programmable and confidential securities. It uses Zero-Knowledge proofs as well as a novel Private PoS leader extraction protocol. Dusk Network is a privacy-based blockchain for financial applications. It is a layer-1 Blockchain that powers Confidential Security Contracts (XSC) and supports native confidential smart contract.

Dusk Network is designed to meet the needs and requirements of financial markets. Its design includes a scalable, public infrastructure, transaction settlement, and strict data privacy.

  • Finality of direct settlement. Distributed Financial Market Infrastructure (dFMI), should allow for clear and final settlements of transactions. Transactions on the Dusk Network are quick, take only seconds, and provide immediate on-chain closure.
  • Privacy. Privacy. Dusk Network offers full user privacy. It allows decentralized applications and third parties to comply with strict compliance requirements while still protecting data privacy. This allows for greater efficiency and cost reduction by allowing businesses to run on-chain.
  • Public. To use the Dusk Network Blockchain, users do not require the approval of a trusted authority. A minimal amount of processing power is required to join the Dusk Network blockchain. Participants can be all users that have the DUSK token.

Dusk Network uses a transactional model called Phoenix to bring privacy and anonymity to transactions and smart-contracts. Tokens that are deployed on Dusk Network may also build on Zedger, which is a hybrid privacy-preserving model, which was specifically designed for security tokens.

The network is secured by the 'Segregated Butzantine Agreement' (SBA). The team at Dusk Network believes that SBA is a better alternative to the Proof-of-Stake mechanism (PoS). It combines existing ideas such as cryptographic sortition, stealth time-locked transactions and reputation modules to increase the chance of choosing honest nodes and promote decentralization.

The DUSK tokens are used to initiate transactions, atomic swaps, and for the deployment smart contracts. DUSK tokens can be staked for participation in consensus, and as a way to exchange DUSK-denominated values. The team plans to increase the number of uses for DUSK in the future by adding it to an existing on-chain governance system.

Dusk Network was established in 2018 and is located in Amsterdam, The Netherlands.

Related:

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.