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What is Dymension?

Dymension (DYM) is a Layer-1 blockchain designed to unify and secure modular blockchains in their ecosystem known as RollApps. Similar to how tokens were standardised with ERC, Dymension standardises interconnecting application chains and rollups with IBC (Inter-Blockchain Communication Protocol).

  • RollApps are modular blockchains built on Dymension, designed to be easily deployable. Dymension offers developers its RollApp Development Kit (RDK) with a suite of robust tools to easily build and deploy.
  • Dymension acts as a hub that connects various RollApps, enabling interoperability and communication between different blockchain ecosystems.
  • DYM is the native token of the ecosystem and is used for transaction settlement, protocol governance and staking to secure the network.

Dymension and its RollApps look to offer a unique solution in the multi-chain Web3 space, providing scalability, interoperability, and efficiency. As RollApps are capable of interacting with other IBC-enabled chains via the Dymension Hub, Dymension aims to offer users a seamless cross-chain experience.

How do I swap Dymension?

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Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Dymension

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

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 Dymension for free.

Cold Storage

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