How to buy The Sandbox (SAND) in Australia

Learn how to buy The Sandbox (SAND) on 20+ crypto exchanges in our step-by-step guide.

OFFER

Coinstash

Coinstash logo
  • Trade SAND and 1177 other cryptos.
  • Crypto bundles: buy grouped coins in key categories.
  • Get up to $200 BTC when you sign up and trade. T&Cs apply.
Go to site

Our picks for the best places to buy

The Sandbox (SAND) is in the top 1,000 cryptocurrencies by market cap, valued at US$637,438,423.

The Sandbox is a highly volatile asset capable of major price swings in a single day. Today SAND is trading for $0.260676 USD, which is higher than yesterday's trading price of $0.2518835999 USD. Over the past year, The Sandbox's price has seen a decrease of -45%.

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

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

This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.

How to buy The Sandbox in 5 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 The Sandbox 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 AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy The Sandbox
    You can now exchange your funds for The Sandbox. On beginner-friendly exchanges, this is as simple as entering the AUD or SAND amount you want to purchase and clicking "buy".
  5. Secure your The Sandbox
    Consider transferring your SAND to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy The Sandbox in Australia

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

1 - 5 of 23
Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer
CoinSpot
CoinSpot logo
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal

1

536

Get $20 in BTC when you make a deposit. T&Cs apply.
Go to site

Capital at risk

View details
Coinbase Australia
Coinbase logo
Bank transfer, Cryptocurrency, PayID

7

287

Get $20 in BTC after your first crypto purchase. T&Cs apply.
Go to site

Capital at risk

View details
eToro Crypto
Best Rated Brand
eToro logo
Bank transfer, Credit card, Debit card, PayPal, eToro Money

27

113

Go to site

Capital at risk

View details
Bitcoin.com.au
Bitcoin.com.au logo
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal

1

34

Get $10 of Bitcoin when you verify your account. T&Cs apply.
Go to site

Capital at risk

View details
OKX
OKX logo
Bank transfer, Cryptocurrency

1

340

Go to site

Capital at risk

View details
loading

How we keep this The Sandbox guide up-to-date

  • SAND price data is regularly updated through data feeds so you always have the latest information.

What is The Sandbox?

The Sandbox is a decentralised world-building game that utilises blockchain technology. It is a platform that enables users to play, create and monetise voxel assets and gaming experiences.

Players can create digital assets through free, VoxEdit software. These assets can be turned into non-fungible tokens (NFTs), then uploaded to The Sandbox marketplace. There they can be sold to other Sandbox players. Assets purchased in the marketplace can be added to your inventory, used on your LAND or avatar, put into a game, or resold on the marketplace.

The Sandbox utilises the power of blockchain technology and flips the traditional gaming experience on its head. Players and content creators are rewarded in a virtuous cycle that results in a dynamic gaming experience.

SAND is the native utility token within The Sandbox game. It is an ERC-20 token that is built on the Ethereum blockchain. It is used for everything within the game and is the basis for all transactions and interactions.

How do I find the best places to buy The Sandbox?

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 Australia 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 The Sandbox?

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 The Sandbox.

  • 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 SAND 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 The Sandbox?

Once you've created an account, you will need to deposit funds to buy SAND 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 SAND:

  • 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 SAND by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for SAND on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy The Sandbox?

The easiest way to buy SAND 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 SAND, 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 The Sandbox has been performing recently.

Best The Sandbox wallets to store your SAND

You can keep your SAND 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 SAND below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,000+

Price (USD)

$149

Price (USD)

$129

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

Is The Sandbox a good investment?

Cryptocurrencies are complicated and volatile assets, and there are myriad factors that can influence their price movements. With this in mind, here are a few things worth considering before buying SAND:

  • Fees and rewards: Every transaction in the marketplace introduces a 5% fee capture. This fee is then redistributed through staking SAND rewards, rewarding creators through funding, and rewarding players for simply interacting within The Sandbox universe. Players are constantly rewarded for interacting within the world, giving them SAND tokens that they can reinvest into the world and support the asset or game creators they are interacting with.
  • Competition: The metaverse has become very topical in blockchain-based gaming and NFT projects, with a number of new players in the industry jostling for brand power. While The Sandbox is one of the most popular metaverses, opposition exists in the form of Meta Quest, Decentraland and Enjin.
  • LAND tokens: SAND investors wishing to fully experience the Sandbox metaverse may want to consider LAND tokens. These are ERC-1155 tokens that are essentially a small piece of digital real estate within The Sandbox. Players can customise their LAND into a unique space where they can host games, build multiplayer experiences, create housing, or offer social experiences to the community.

Today's The Sandbox price versus ATH

Compare today's price of The Sandbox ($0.260676 USD) against its all-time-high price of $8.4 USD on 25 November 2021. The closer the bar is to 100%, the closer SAND is to reaching its ATH again.

The Sandbox's price: $0.260676 USD
ATH date: November 25, 2021
3.10%

The Sandbox ATH: $8.4 USD


Disclaimer: Cryptocurrencies, including The Sandbox, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SAND 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 The Sandbox or any other cryptocurrency discussed.

More resources on Finder

More guides on Finder

Go to site