How does Elixir work?

Unlike traditional currencies, Elixir is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Elixir. This decentralization means the holders and users of Elixir can help to maintain the network.

Where can I buy Elixir?

Most find that the easiest and most secure way to purchase Elixir is through a reliable cryptocurrency platform like Kraken. While Elixir can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Elixir.

How much does 1 Elixir cost?

At the current market rate, it costs $0.15 to purchase one ELX. Kraken makes it easy to buy & sell Elixir with confidence.

Can I buy $100 worth of Elixir?

Yes, Kraken offers a secure and easy to buy $100 worth of Elixir. At its current price, $100 equals 677.56 ELX.

Is it safe to buy Elixir?

Kraken employs advanced security measures, including encryption and account protection, to ensure your Elixir purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Elixir investment. You should do your own research on Elixir price before buying.

Is Elixir a good investment?

The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Elixir may be a worthwhile purchase.

Can I purchase Elixir using my local currency?

Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.

How much is Elixir transaction fee?

Kraken offers competitive fees for Elixir transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.

What is the minimum amount of Elixir I can buy?

You can buy as little as $10 worth of Elixir on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Elixir regularly.

How to buy Elixir with PayPal?

To buy Elixir with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Elixir, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Elixir.

How to buy Elixir with a debit card in Australia?

You can buy Elixir using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.

How to buy Elixir with a credit card in Australia?

To buy Elixir using a credit card issued by a bank in Australia, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.

How to buy Elixir with other cryptocurrencies?

Kraken makes it easy to buy Elixir using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Elixir. Browse the Elixir markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.

Can I transfer Elixir from Kraken to my crypto wallet?

Yes, the Elixir you buy on Kraken is yours. Kraken makes it easy to withdraw your Elixir to any hot wallet or cold wallet that supports Elixir. Simply enter the external wallet address and your Elixir will be in your wallet a few moments later.

Is it safe to keep Elixir on Kraken?

We take every measure possible to keep the Elixir you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Elixir. Learn more about our globally-recognized security standards.

What is the current circulating supply of Elixir?

The current circulating supply of Elixir is 259,253,555 ELX.

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How to buy Elixir in Australia

Learn how to buy Elixir on Kraken’s crypto platform in Australia. Create your free account and connect a funding method to buy over cryptocurrencies including ELX. Kraken makes it quick and easy to get started.

Step 1: Sign up - Provide your email address and country of residence to get started with our secure verification process.

Step 2: Choose a payment method - Send a bank wire, make an ACH purchase, use a credit/debit card or connect several other payment methods.

Step 3: Click "Buy Crypto" - Select “Buy crypto” on either Kraken’s desktop and mobile app to start your purchase.

Step 4: Choose from 400+ assets - Buy Elixir or select from hundreds of other popular cryptocurrencies available on Kraken today (geo restrictions apply).

Step 5: Enter the cash amount - Input the amount you want to spend using your local currency before previewing how much ELX you will receive.

Step 6: Complete your order - Confirm the asset price, purchase amount and fees to instantly receive Elixir in your Kraken account.

In the past 24 hours, Kraken clients bought 53,764 ELX worth $7,935.

Why buy Elixir with Kraken in Australia?

Kraken offers a safe and easy way to get started with crypto in Australia. Use our flexible payment methods to buy Elixir with a credit card, debit card, bank transfer, and more.

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About Elixir

Elixir (ELX) bridges real-world assets (RWAs) and DeFi, enabling institutional investors to unlock liquidity. Its synthetic stablecoin, deUSD, is backed by USDS and stETH collateral. Elixir supports decentralized exchanges and allows RWA holders to earn yield while minting deUSD, integrating traditional finance assets seamlessly into DeFi ecosystems.

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What can you do with Elixir?

With Kraken, you can do more with Elixir. From making your first trade to utilizing our advanced Elixir pro trading tools, all the Kraken features you need are backed by our robust security features and 24/7 support.

Elixir rewards

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Trade Elixir for NFTs

Collect & trade NFTs

Predict Elixir price

Use our Elixir price prediction tool

Swap Elixir for other assets

After you buy Elixir, you can trade it for fiat currencies and other cryptocurrencies. Kraken offers over 200 Elixir trading pairs so you can move in and out of the market with ease.

Learn more about Elixir

How does Elixir work?
Unlike traditional currencies, Elixir is not issued or maintained by a centralized government entity. Instead, a decentralized network of computer nodes is responsible for maintaining Elixir. This decentralization means the holders and users of Elixir can help to maintain the network.
Where can I buy Elixir?
Most find that the easiest and most secure way to purchase Elixir is through a reliable cryptocurrency platform like Kraken. While Elixir can be purchased using several different methods, Kraken offers the security, support and simplicity people often look for when buying cryptocurrencies like Elixir.
How much does 1 Elixir cost?
At the current market rate, it costs $0.15 to purchase one ELX. Kraken makes it easy to buy & sell Elixir with confidence.
Can I buy $100 worth of Elixir?
Yes, Kraken offers a secure and easy to buy $100 worth of Elixir. At its current price, $100 equals 677.56 ELX.
Is it safe to buy Elixir?
Kraken employs advanced security measures, including encryption and account protection, to ensure your Elixir purchase is secure. However, while Kraken provides a secure platform, market volatility can still affect your Elixir investment. You should do your own research on Elixir price before buying.
Is Elixir a good investment?
The short answer is, it depends on your own individual circumstances and risk tolerance. For those that see a long term prospect behind decentralization, Elixir may be a worthwhile purchase.
Can I purchase Elixir using my local currency?
Kraken supports a variety of government-issued fiat currencies, including US Dollar (USD), Euro (EUR), Canadian Dollar (CAD), and others. For the full list of supported fiat currencies, please visit this article.
How much is Elixir transaction fee?
Kraken offers competitive fees for Elixir transactions, which are influenced by the trading amount and payment type. Learn more about Kraken’s fee structure.
What is the minimum amount of Elixir I can buy?

You can buy as little as $10 worth of Elixir on Kraken. Kraken also allows you to set up recurring buys (charges apply) so you can continuously accumulate small amounts of Elixir regularly.
How to buy Elixir with PayPal?
To buy Elixir with PayPal on Kraken, deposit funds by selecting "Deposit" on your account homepage. Choose an asset like Elixir, select PayPal as the method and connect your PayPal account if needed. Enter the deposit amount, confirm, and once funds are added, use them to purchase Elixir.
How to buy Elixir with a debit card in Australia?
You can buy Elixir using a debit card certain regions on Kraken. Learn more about our Supported currencies and payment methods here.
How to buy Elixir with a credit card in Australia?
To buy Elixir using a credit card issued by a bank in Australia, navigate to the "Buy Crypto" section, add your card details and follow the steps to finalize the transaction. Debit & credit card purchases are available to Kraken users with Intermediate or Pro level verified accounts and residence in a supported country. Kraken accepts Visa or Mastercard that support 3D Secure (3DS) which is in the same legal name as your Kraken account.
How to buy Elixir with other cryptocurrencies?
Kraken makes it easy to buy Elixir using other cryptocurrencies. If the direct trading pair is not available, you can use Kraken's Convert feature to seamlessly swap any listed crypto for Elixir. Browse the Elixir markets available on Kraken or use the Convert tool to trade between hundreds of cryptocurrencies quickly and easily. For a complete list of trading pairs, visit the Kraken support center.
Can I transfer Elixir from Kraken to my crypto wallet?
Yes, the Elixir you buy on Kraken is yours. Kraken makes it easy to withdraw your Elixir to any hot wallet or cold wallet that supports Elixir. Simply enter the external wallet address and your Elixir will be in your wallet a few moments later.
Is it safe to keep Elixir on Kraken?
We take every measure possible to keep the Elixir you choose to leave on Kraken secure and accessible to you. While we still believe the safest place for your crypto is in your own cryptocurrency wallet, we constantly strive to be as transparent and secure as possible when you trust us with your Elixir. Learn more about our globally-recognized security standards.
What is the current circulating supply of Elixir?
The current circulating supply of Elixir is 259,253,555 ELX.

How to buy other crypto assets in Australia?

With so many assets to choose from, deciding which crypto to buy can seem overwhelming. We've put together guides for hundreds of top blockchain projects to help you navigate the process from A to Z. Take a look at more buying guides below.