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What is Injective Protocol?

Injective Protocol (INJ) is a universal DeFi protocol for cross-chain derivatives that provide a variety of financial products such as perpetual swaps, futures, and spot trading.

  • The team have implemented a 2 layer protocol - Ethereum Virtual Machine (EVM) on top of Tendermint, to provide an environment that is scalable and interoperable.
  • Injective allows anyone to create and trade on any derivative market using only a price feed. This opens up many opportunities for trading on markets that are not found on other exchanges.
  • INJ token is used for a variety of functions such as protocol governance, exchange fees, derivative collateralisation liquidity mining and staking.

Injective Protocol seeks to provide traders unparalleled access to new decentralised derivatives markets by removing various restrictions that exist in the current DeFi industry.

How do I swap Injective Protocol?

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

Learn more about Injective Protocol

Why Should I Trade INJ 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 Injective Protocol no matter what your trading experience is. Unlike other international and Australian Injective Protocol 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 Injective Protocol 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 Injective Protocol 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 Injective Protocol?

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 Injective Protocol for free.

Cold Storage

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