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How to buy Flux (FLUX) in Canada

Learn how to buy Flux (FLUX) on 2+ crypto exchanges in our step-by-step guide.

Flux
FLUX- USD
$0.53
+ $0.0018 ( + 0.33%)
Buy Flux

Flux (FLUX) is the 198th largest cryptocurrency by market cap, valued at US$159,959,970.

Flux is a highly volatile asset capable of major price swings in a single day. Today FLUX is trading for $0.53775 USD, which is lower than yesterday's trading price of $0.5665938778 USD. Over the past year, Flux's price has seen a decrease of -23%.

So before you buy Flux, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Flux.

How to buy Flux in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Flux is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Flux
    You can now exchange your funds for Flux. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Flux to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Flux in Canada

Find an exchange to buy, sell and trade FLUX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

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Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Crypto.com App
Finder Award
Crypto.com App
Bank transfer, Credit card, Cryptocurrency, Debit card, Google Pay
USD, EUR, GBP, COP, CHF, HKD, SGD, AUD, CAD, KRW, SEK, CNY, TRY, RON, JPY, NOK, MYR, BRL, DKK, ZAR, BGN, THB, INR, TWD, PHP, IDR, MOP, MDL, SAR, MXN, CLP

271
cryptocurrencies

View details
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How we keep this Flux guide up-to-date

  • FLUX price data is regularly updated through data feeds so you always have the latest information.
  • Flux performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Flux?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Flux?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Flux.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing FLUX with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Flux?

Once you've created an account, you will need to deposit funds to buy FLUX with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy FLUX:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase FLUX by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for FLUX on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Flux?

The easiest way to buy FLUX is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying FLUX, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Flux has been performing recently.

Best Flux wallets to store your FLUX

You can keep your FLUX on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your FLUX below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Flux a good investment?

FLUX is crucial to the Flux protocol and is used to facilitate a wide range of internal transactions associated with the ecosystem. While the project is innovative, that innovation does not guarantee profitable returns. Here are a few factors to consider before investing in FLUX:

  • Incentive driven design: Flux’s core economic framework is one that has been structured to provide tangible, timely rewards to all of its primary stakeholders including token owners, miners (accruing the asset via the use of their personal graphics processing units (GPUs), and node operators. The block reward is divided as follows: 50% is awarded to miners operating the PoW consensus mechanism, 30% is awarded to Stratus FluxNodes, 12.5% is awarded to Nimbus FluxNodes and 7.5% is awarded to Cumulus FluxNodes.
  • Safe and secure alternative: Unlike a host of centralised Web 3.0 projects, including Amazon’s AWS and Microsoft’s Azure, Flux is designed to be highly decentralised, thereby allowing users to reap many transparencies and security-related benefits afforded by blockchain technology. Decentralisation may be a factor that attracts users in the future.
  • Node-based governance infrastructure: The Flux ecosystem is powered by its native ‘FluxNode framework’ which, in turn, is governed by token holders situated globally. In contrast to other projects, FluxNodes can be operated by anyone given that the individual is in possession of sufficient coins as well as the required hardware setup.

      • Today's Flux price versus ATH

      Compare today's price of Flux ($0.53775 USD) against its all-time-high price of $3.33 USD on 03 January 2022. The closer the bar is to 100%, the closer FLUX is to reaching its ATH again.

      Flux's price: $0.53775
      ATH date: January 03, 2022
      16.15%

      Flux ATH: $3.33


      How to trade, convert or sell Flux

      You can convert or sell your FLUX with the same exchange you bought it through:
  1. Sign in to the exchange you have FLUX on.
  2. If you store your Flux in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of FLUX you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Flux.
  6. Complete your transaction and move your FLUX to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including Flux, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FLUX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Flux or any other cryptocurrency discussed.

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