Last update: Jun 6, 2022

How to Buy Selfkey (KEY)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Selfkey. Depending on where you live, you’ll have different exchanges 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!

Selfkey

How to Buy Selfkey – 4 Easy Steps

1. Choose a cryptocurrency 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 Selfkey 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 trading platforms.

4. Buy Selfkey

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

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

Where to Buy Selfkey (KEY)

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 Selfkey

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

 

Crypto trading

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

Alternatively, if you want to learn more about the exchanges we recommend, look at our comparison of the cheapest 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 Selfkey (KEY) 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 Selfkey 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 Selfkey if it’s available. If the exchange doesn’t have Selfkey. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has Selfkey), and trade your ETH for Selfkey.

Also, check out our comparison of the bitcoin exchanges in Canada if you’re looking to learn more about which ones we prefer.

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

Alternatively, if you want to know more about which exchanges we like, check our list of the UK crypto exchange reviews.

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 Selfkey? KEY Rundown

SelfKey is a blockchain-based identity platform. This technology allows individuals, banks, exchanges, fintech startups and banks to access a platform that manages identity data (often KYC).

Since 2014, the core team has been working on decentralized identity across various companies like Standard Chartered Bank and Bitmax exchange, EQIBank and GSR.

The SelfKey wallet (SelfKey.org/selfkey-wallet) is a free, open-source, non-custodial wallet that allows users to securely store and transmit both digital assets, and their digital identity. The SelfKey marketplace allows users to interact and 'one click' apply for products, such as a real bank account or incorporation of a company.

Traditional KYC is expensive and can often be unsafe because data is stored in central databases. SelfKey uses a decentralized approach with cryptographic technology to dramatically reduce the cost and improve security. It also offers a better customer experience.

SelfKey's goal is to revolutionize KYC onboarding and to remain true to the Self Sovereign Identity ethos - that every individual should have and be in control of their identity.

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.