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$22.01 12.73%
12.73%
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What is Auction?

Auction (AUCT) - previously known as Bounce Finance (BOT), is a decentralised auction protocol that provides a competitive swap environment to unlock the potential of open finance.

  • The protocol can be used to trade publicly or privately between parties through fixed-swaps for OTC trading.
  • Initial Token Offerings (ICO) can be launched using the platform through Sealed-bid or Dutch auction style initial token sales.
  • Buy or sell rare blockchain-based assets through Non Fungible Token (NFT) auctions.

The Auction team have created a platform for Decentralised Finance (DeFi) auctions & settlements, as well as an NFT marketplace that is supported by Ethereum & Binance Smart Chain.

How do I swap Auction?

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

Learn more about Auction

Why Should I Trade AUCT 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 Auction no matter what your trading experience is. Unlike other international and Australian Auction 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 Auction 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 Auction 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 Auction?

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 Auction for free.

Cold Storage

If you are holding Auction 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 Auction. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Auction. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Auction has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Auction 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 Auction 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 Auction & 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 Auction 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 Auction portfolio here.
Yes! With CoinSpot you can convert your Auction 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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