Conflux Network price AUD (CFX)
Conflux Network price chart
The below Conflux Network price chart tracks the price of Conflux Network against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
$0.318368
- %
Low: $
High: $
$0.318368
Low: $
High: $
- %
Market cap
$1.5B
Volume 24hr
$166.4M
Supply
4.7B CFX
What is Conflux Network?
✓High-throughput blockchain ✓Designed for DeFi ✓Endorsed by Chinese government
Conflux Network is a highly scalable and decentralised blockchain with high throughput and fast confirmation. Designed for DeFi, it provides an open network, 300-6,000 transactions per second, low fees, and proof-of-work security. CFX is the network’s native utility token and is used for rewards, governance, staking, and generating consensus. Notably, the network has been endorsed by the Chinese government.
Conflux Network originated from the research of Turing Award recipient Dr. Andrew Yao. Using a novel Tree-Graph mechanism, Yao offered a solution to the ‘blockchain trilemma’ of providing security, scalability, and decentralisation. In 2018, the Conflux Foundation was formed and has gone on to receive funding and support from the government of Shanghai, the University of Toronto, and Sequoia Capital.
How do I buy Conflux Network?
- Deposit funds into your Cointree account using our fast and convenient options.
- Enter the amount of Conflux Network that you would like to buy.
- Confirm your purchase and Conflux Network will be instantly delivered to your Cointree account.
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Common Conflux questions
Who started the Conflux Network?
Conflux Network originated from the research of Turing Award recipient Dr. Andrew Yao. Using a novel Tree-Graph mechanism, Yao offered a solution to the ‘blockchain trilemma’ of providing security, scalability, and decentralisation.
In 2018, the Conflux Foundation was formed and has gone on to receive funding and support from the government of Shanghai, the University of Toronto, and Sequoia Capital.
What is the Proof-of-Stake chain for Conflux?
The Proof-of-Stake (PoS) chain is an overlay chain that works alongside the Proof-of-Work (PoW) chain. The PoS chain will bring added security to the PoW chain and provide finality to transactions.
What are the main advantages of the PoS chain?
The advantages to the PoS chain are twofold:
1. increased security
2. transaction finality
This means the network can sustain a 51% attack without risking the integrity of the pivot chain. In the unlikely event that an attacker could successfully take over 17% of the committee members, the PoW chain would continue to operate as usual, but its transactions wouldn't be finalised until the attacker disappeared.
What is the Conflux Network market cap?
Conflux has a market cap of $257.6M and a supply of 1.8B CFX.
Where can I buy the Conflux Network?
The best place to buy and trade CFX is on a crypto exchange like [Cointree](https://www.cointree.com/). With our secure website, we make it easy to buy and sell CFX in Australian dollars..
All you need to do is sign up to our exchange, go through the ID verification steps to confirm your personal details, deposit funds and you'll be ready to make your first purchase.
Our exchange offers an expert customer service team to help you trade cryptocurrency, low trading fees from fiat currencies, and multiple payment options so that you can buy and sell Conflux with ease. You can deposit AUD and make your first purchase in minutes.
Buy Conflux Network (CFX)
Use the price calculator below to enter the amount of AUD you want to buy in Conflux Network. You can also switch to convert CFX to AUD.
Why is Cointree the best place to buy Conflux Network in Australia?
Easy and convenient
Easily deposit Australian dollars using a convenient method such as PayId/OSKO and then simply follow our step-by-step instructions to make your first purchase of Conflux Network.
Fast and transparent
Buy Conflux Network in Australia within minutes. Our low fees are backed up with transparent quotes, so you can buy more Conflux Network with every dollar invested.
Safe and secure
Buy Conflux Network with confidence knowing that you're using an AUSTRAC regulated Australian exchange that's been operating since 2013 and is protected with bank-level encryption.
Made for you
An intuitive platform built for our members, featuring 100’s of coins and thousands of trading pairs. Plus, tracking of your portfolio performance can be done with ease.
What can you do with your Conflux Network?
Deposit Conflux Network
Moving Conflux Network into your Cointree account has never been easier with instant deposits and withdrawals.
Hold Conflux Network
Many members buy and hold their Conflux Network as a long-term investment. You can hold your Conflux Network in your free multicoin wallet on Cointree or transfer it to a private wallet.
Trade Conflux Network
You can instantly trade any portion of your Conflux Network for any other digital currency within just a few clicks, and at the lowest rates in Australia.
Send Conflux Network
When you buy Conflux Network in Australia with Cointree, you can quickly and easily send your Conflux Network to any other Conflux Network wallet.
Spend Conflux Network
You can spend Conflux Network purchased in Australia when you’re online shopping or in physical stores. More and more Australian businesses are accepting Conflux Network every day.
Learn About Conflux Network
Cointree provides a comprehensive [learning hub](/learn/) to turn you from a beginner buying their first Conflux Network, to an expert holding a diversified portfolio of cryptocurrencies.
Buy in just a few minutes
Start with as little as AUD $20 and deposit instantly with your bank account.