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How to buy, sell and trade Aeternity (AE)

Read our beginner’s guide to buying Aeternity tokens and where to store them.

Ethereum may currently be the biggest smart contracts platform in the world of crypto, but there are plenty of other projects keen to challenge for the title. Aeternity is one of those challengers.

Launched in 2017, Aeternity aims to improve the scalability of smart contracts and decentralised applications (dapps) by moving contracts off-chain. It also relies on an oracle to provide the real-world data needed for those smart contracts and offers a native currency, Aeon (AE), which is required to access the network and run dapps.

If you’re thinking of buying any AE tokens, read on for detailed instructions on what you need to do.

Learn more Buy AE

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.

Where to buy and sell Aeternity in Malaysia

You can buy and sell AE on the following crypto exchanges:

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange


Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
OKX Cryptocurrency Exchange
OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)


Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 290 cryptocurrencies, OKX offers its users a variety of payment methods and coins to choose from.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer


Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
CoinBene Cryptocurrency Exchange
CoinBene Cryptocurrency Exchange



Compare up to 4 providers

A step-by-step guide to buying Aeternity

So you’ve decided you want to buy Aeternity? Here’s what you need to do:

How to sell Aeternity

To sell your Aeon holdings, the process you need to follow is similar to that outlined in step 3. Of course, you’ll need to make sure that you enter your transaction details in the “Sell” tab rather than the “Buy” section.

It’s also worth mentioning that unlike major currencies like bitcoin, which can be traded to an extensive range of coins and tokens, AE can only be exchanged for a limited number of currencies.

Which wallets can I use to hold Aeternity?

Rather than keeping your tokens on an exchange, which exposes you to a number of security risks, it’s recommended that you move your funds into a cryptocurrency wallet that lets you retain control of your private keys.

Aeternity is supported by a range of wallets, including Atomic Wallet.

How Aeternity works

Since the launch of Ethereum in 2015, there’s been no shortage of speculation and excitement about the potential uses for smart contract technology. However, the world’s leading smart contracts platform and second-largest cryptocurrency isn’t without its shortcomings – from a lack of scalability to working out an efficient way to integrate real-world information onto the blockchain – and it’s these problems that Aeternity aims to solve.

To improve scalability, Aeternity moves smart contracts off-chain, running them in private state channels. This minimises the amount of on-chain data and frees up network resources.

Next, it includes a decentralised oracle, the Aeternity Oracle Machine, to integrate the real-world data needed to execute smart contracts. For example, if the execution of a contract relies on the price of a specific share reaching a predetermined figure, an oracle can provide accurate, tamper-proof data about the share’s performance.

To achieve consensus, Aeternity uses a hybrid proof-of-work and proof-of-stake mechanism. Proof-of-work is used by miners to verify blocks, while proof-of-stake is used to allow AE token holders to vote on proposals and changes to the Aeternity network.

Based in Liechtenstein, the Aeternity team raised around US$5.2 million in an April 2017 pre-sale and US$24 million in a June 2017 token sale.

What to consider when buying Aeternity

Cryptocurrencies are complicated and speculative assets which are known for their volatility. There’s a high level of risk associated with buying any coin or token, so it’s essential that you understand and assess all the factors that could potentially influence a coin’s value.

If you’re thinking of buying any Aeon, consider the following factors first:
  • Supply. According to CoinMarketCap, at time of writing (June 2020), the circulating supply of Aeternity was 312,450,665 AE, out of a total supply of 358,271,608 AE.
  • Use. AE functions in much the same way as ETH. It is needed to use the Aeternity blockchain and to pay all system fees, and all Aeternity smart contracts settle in Aeon.
  • White paper. For a detailed explanation of the tech behind Aeternity and the problems it’s designed to solve, check out the project’s white paper.
  • Competitors. The battle to be the number-one platform for smart contracts and dapps is a fierce one. Not only will Aeternity be in direct competition with Ethereum, but it will also be in competition with a host of other strong contenders such as EOS, NEO and Cardano.

There are several other factors worth considering, so do your own research before deciding whether to buy any AE.

Buy AE

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance 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 cryptocurrencies discussed.

Image source: Shutterstock

Disclosure: At the time of writing the author holds ADA, IOTA and XLM.

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