Swap BounceBit Australia - Safe, Easy, Fast (2024)

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$0.5093636.39%

6 MONTHS

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6 MONTHS
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6.39%

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What is BounceBit?

BounceBit (BB) is the first native staking chain for Bitcoin. The platform introduces a unique dual token staking system that takes advantage of Bitcoin’s security alongside full Ethereum Virtual Machine (EVM) compatibility.

BounceBit's dual token mechanism enables staking of both BTC and BB tokens, improving security while also introducing a diverse stakeholder base.
BounceBit combines DeFi and CeFi (centralised finance) yield mechanics, providing users with regulated custody and Off-Exchange Settlement (OES). OES provides access to centralised exchange liquidity, while transactions are settled off-exchange.
BB is the native token of the BounceBit ecosystem. It is used for protocol governance, gas fees, protocol incentive, access to the dual token staking mechanism and serves as a medium of exchange.

BounceBit's mission is to make high-yield opportunities within the Bitcoin network more easily accessible, which have traditionally been reserved for institutional investors. The project aims to bring the benefits of transparent CeFi and DeFi to the public.

How do I swap BounceBit?

Enter amount to swap

Select the quantity of BounceBit 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 BounceBit

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

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 BounceBit for free.

Cold Storage

If you are holding BounceBit 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

Where is the best place to buy BounceBit?

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy BounceBit. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for BounceBit. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.

How is the price of BounceBit determined?

BounceBit has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As BounceBit 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 BounceBit exchange.

How much does BounceBit cost to buy?

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 BounceBit & other digital currencies with as little as $1!

Is it safe to buy BounceBit?

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 BounceBit 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 BounceBit portfolio here.

Can you convert BounceBit to cash?

Yes! With CoinSpot you can convert your BounceBit to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.