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Investing in Metaverse Crypto Assets
The best way to invest in the Metaverse that is being built on Ethereum and other Layer 1 chains is through CoinSpot. Users can buy "Metaverse Bundle” which is a collection of all the major Metaverse cryptocurrencies including Decentraland (MANA), Axie Infinity (AXS), Gala (GALA) just to name a few.
CoinSpot offers instant and free deposits if you use Poli, PayID or direct deposit from your bank. The guide below provides an easy to follow overview of how to get started.
- Sign up to CoinSpot.
- Deposit Australian Dollars (AUD).
- Visit the “Bundles” page and Select the Metaverse Bundle.
- Enter the amount of AUD you wish to invest.
What is the CoinSpot Metaverse Bundle?
The CoinSpot bundles are similar to ETF's (Exchange Traded Fund) and the Metaverse bundle contains 11 of the best Metaverse cryptocurrencies on the market. The assets are equally divided amongst each other at 9% each, which provides well balanced and diversified exposure to the Metaverse space.
This is a great way to invest and get exposure to the rapidly growing industry and consolidate all your Metaverse cryptocurrencies.
How to buy Metaverse Stocks
The best way to buy Metaverse stocks and cryptocurrencies all in one place is eToro. Their exchange offers Metaverse cryptocurrencies and popular stocks including Meta (Formerly Facebook), Roblox and the Metaverse ETP. Similar to CoinSpot, their exchange lets you deposit Australian Dollars securely and with small fees.
What is the Metaverse?
A Metaverse is a decentralized virtual world built on the blockchain. It is a persistent, digital space where users can create avatars, buy and sell virtual property, and interact with each other. Metaverses are often compared to video games or social media platforms, but they are much more than that. They are open-source ecosystems that allow for completely new forms of online interaction and economic activity.
The Metaverse is still in its early stages of development, but there are already a handful of projects building Metaverses that anyone can explore. The most well-known Metaverse is probably Ethereum, which is home to several decentralized applications (dApps) and games.
Other popular blockchains hosting various applications on the Metaverse include Solana, Avalanche, Flow and Layer 2 platforms like Optimism and Arbitrum.
