Last update: Jun 6, 2022

How to Buy Spartan Protocol (SPARTA)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy Spartan Protocol. Depending on where you’re based, you’ll have different exchanges to choose from.

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

Let’s get started!

Spartan protocol

How to Buy Spartan Protocol – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a cryptocurrency 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 Spartan Protocol 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 trading platforms.

4. Buy Spartan Protocol

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

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

Where to Buy Spartan Protocol (SPARTA)

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 Spartan Protocol

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

 

Crypto trading

How to Buy Spartan Protocol (SPARTA) 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 Spartan Protocol in Australia, the process remains the same:

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

It’s also possible to take a look at our analysis of the trusted crypto exchanges in Australia for those curious to know 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 Spartan Protocol (SPARTA) 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 Spartan Protocol in Canada, the process remains the same:

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

You can also take a look at our analysis of the most reliable Canadian crypto exchanges If you’re looking to learn more about the exchanges we would recommend.

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

Also, check out our comparison of the best bitcoin brokers in the UK if you’re curious to know more about the exchanges 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 Spartan Protocol? SPARTA Rundown

Spartan Protocol, a community-run Decentralised Finance project (Defi), is built on top of Binance Smart Chain ( BSC). Spartan Protocol is a community that focuses on Synthetic assets and incentivised liquidity pools. It allows users to make revenue by providing liquidity to pools, and forging Synthetic asset to be staked into the Vaults.

Similar projects include Uniswap, ETH network & ThorChain. These features are available to users of the BSC network, allowing them to benefit from BSC's low gas prices and quick settlements.

Spartan Protocol is a core offering incentivized liquidity pools. It is facilitated by an automatic market maker ( MM) algorithm with liquidity-sensitive fees. The AMM algorithm provides transparency while reducing slippage and latency caused by human intervention/manipulation. The system can detect the correct amount of token purchasing power at any time. This ensures that it can provide scalable, risk-tolerant growth. The use cases for the underlying pool increase due to the addition of Synths and other features, resulting in higher APYs and revenue generation.

Synthetic assets are a unique feature of Spartan Protocol. Users can generate Synths to create derivative tokens. This allows them to trade on different markets without needing to own any asset. The liquidity pool shares are collateralized with liquidity pool shares and price anchors that Spartan Protocol provides to create synthetic assets. Liquidity pool shares can be immediately liquidated, as they are value-stabilized, on-market and instantly liquidable. The liquidity-sensitive fees ensure that the positions that are taken will scale according to the available liquidity. This prevents the deleveraging spirals common in similar systems.

Spartan's DAO is a mechanism used to manage the ecosystem and distribute incentives for protocol.

Spartan Protocol is based upon the Binance Smart Chain, a VM compatible delegated proof of stake ( DPoS), blockchain with fast block times that focuses on decentralization and a focus to decentralization.

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.