Understanding RUNE
What is THORChain?
RUNE powers THORChain, a decentralised liquidity protocol that allows users to swap native cryptocurrencies, like Bitcoin to Ethereum, without needing to wrap or bridge assets. As the utility and security token of the network, RUNE helps manage liquidity pools and keeps the system decentralised and secure. It’s a cornerstone of cross-chain DeFi infrastructure.
In Australia
How to buy THORChain in Australia
- 1
Create your Wayex account
Sign up in minutes on iOS, Android or the web.
- 2
Verify your identity
Australian residents aged 18 and over verify once, in-app.
- 3
Deposit AUD with PayID or NPP
Fund your account instantly, with no deposit fee.
- 4
Buy THORChain (RUNE)
Buy RUNE at live AUD market prices, then hold it or spend it with the Wayex Card.
THORChain FAQs
- Can I buy THORChain in Australia?
- Yes. You can buy THORChain (RUNE) in Australian dollars with the Wayex app. Wayex is an Australian, AUSTRAC-registered platform that has operated since 2018.
- How do I pay for THORChain?
- Fund your Wayex account in AUD with PayID or NPP, both free, then buy RUNE instantly. There is no surcharge on AUD deposits.
- What fees does Wayex charge to buy THORChain?
- Wayex charges 1% on any crypto buy, sell or spend. AUD deposits and withdrawals via PayID or NPP are free, and there is no annual account fee.
- Can I spend THORChain with the Wayex Card?
- Yes. Once you hold RUNE in the Wayex app you can spend from your balance with the Wayex Crypto Visa Card anywhere Visa is accepted, online or in store.
Explore more
Other coins on Wayex.
Get started
Access a World of Crypto.You’re Closer Than You Think!
- 01
Download the app
Available on iOS and Android. Sign up in minutes with your email.
- 02
Get verified, instantly.
Fast KYC with your Australian ID. Most accounts verify in minutes.
Learn how - 03
Buy, Sell and Spend!
Trade AUD into 90+ crypto assets, and spend anywhere Visa is accepted.