Last update: Jun 6, 2022

How to Buy IRISnet (IRIS)

So you’re looking for a guide on how to buy IRISnet. Depending on your country, 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!

How to Buy IRISnet – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto 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 IRISnet of course.

2. Sign up with the cryptocurrency 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 IRISnet

Now that you have what you need to buy IRISnet, head over to the market or buy section of the crypto trading platform and buy some IRIS.

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

Where to Buy IRISnet (IRIS)

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

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 IRISnet

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

 

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

If you’d like to learn more about the exchanges we recommend, look at our list of the best places to buy crypto in Australia.

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

Alternatively, if you want to learn more about the exchanges we like, check our list of the cheapest crypto exchanges in Canada.

How to Buy IRISnet (IRIS) 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 IRISnet in the UK, the process remains the same:

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

It’s also possible to check out our comparison of the UK bitcoin exchanges If you’re interested in learning more about which ones we prefer.

Considering buying IRISnet? IRIS Rundown

IRISnet is both a cryptocurrency and a service protocol. It was launched officially on March 1. 1, 2019.

The IRISnet Whitepaper explains that the protocol will use different public and consortium Blockchains to provide the power of decentralized open networks to thousands upon thousands of freelance service providers and businesses. IRISnet is named after Iris in Greek mythology, who was the messenger of Gods and personification of the rainbow.

IRISnet offers a unique view of the benefits blockchain technology can have on the business world. IRISnet is a consortium blockchain that is owned and managed by large conglomerates of businesses.

Their latest development is the IRITA enterprise blockchain, which allows for flexible digital asset modeling and privacy-centric data authorization.

The main selling point of IRISnet protocol is its ability to combine on- and off-chain capabilities. Transactions are performed on the blockchain. Data processing and business logic, however, will be done off-chain. IRISnet offers other products, such as a smart wallet that can be used for business operations.

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