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What is Arweave?

Arweave (AR) is the native utility token of a storage network built using a decentralised structure called “blockweave technology”.

  • Arweave is developing a permanent, decentralised web infrastructure called the permaweb, which consists of a number of community driven applications and platforms.
  • The team are developing Profit Sharing Communities, which seek to replace the traditional start up model. This ecosystem enables founders to focus on their product, while allowing contributors to be compensated with Profit Sharing Tokens.
  • The AR utility token is used for mining rewards for participants who store & serve data, and transaction fees for those who wish to store their data.

The Arweave team are building a globally accessible, collectively owned hard drive that never forgets. They seek to allow users to store & preserve valuable information, apps, and history indefinitely. By preserving history, they prevent others from rewriting it.

How do I swap Arweave?

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Select the quantity of Arweave you would like to swap.
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Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Arweave

Why Should I Trade AR with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Arweave no matter what your trading experience is. Unlike other international and Australian Arweave exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Arweave with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Arweave how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Arweave?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Arweave for free.

Cold Storage

If you are holding Arweave as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Arweave. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Arweave. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Arweave has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Arweave is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Arweave exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Arweave & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Arweave safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Arweave portfolio here.
Yes! With CoinSpot you can convert your Arweave to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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