How to Buy Auroracoin (AUR)
If you're looking to buy Auroracoin (AUR), you've come to the right place. AUR is a unique cryptocurrency with an interesting origin story tied directly to Iceland and its citizens. This guide walks you through everything you need to know to purchase AUR with confidence. Currently, Auroracoin is available to trade on MEXC, making it accessible to buyers around the world.
Buy AUR on MEXC →| Coin | Auroracoin (AUR) |
| Available On | ✗ Binance ✗ Bybit ✗ Gate.io ✓ MEXC |
| Website | auroracoin.is |
How to Buy Auroracoin — Step by Step
Buy AUR on MEXC
Check the market
Confirm the exact token, network and trading pair. Check that the exchange serves your country before registering.
Secure your account
Follow the exchange’s identity checks and enable two-factor authentication. Requirements vary by location and account.
Choose a funding method
Review the available payment methods and their costs. For crypto deposits, match the receiving network and address exactly.
Review your order
Check the live order book, order type, price and fees before submitting. A market order can fill at different prices; a limit order may not fill.
What Is Auroracoin?
Auroracoin is a cryptocurrency that was created specifically for Iceland, launched in February 2014 by an anonymous developer. It was designed as a direct alternative to the Icelandic króna, Iceland's national currency, which has faced significant restrictions imposed by the government and has lost considerable value against major assets like gold and the US dollar since the 1960s. The idea behind Auroracoin was to give Icelandic citizens a decentralized, government-independent form of money that they could use freely without the capital controls that limited the króna. What makes Auroracoin particularly notable is how it was distributed. The coin was 50% premined, and those premined coins were set aside to be airdropped directly to all 330,000 Icelandic citizens — each receiving 31.8 AUR for free, verified through the national ID system. This made it one of the first large-scale cryptocurrency airdrops targeting an entire country's population. Under the hood, Auroracoin operates as a Proof of Work (PoW) cryptocurrency, meaning transactions are secured and validated by miners who contribute computing power to the network. This gives it a similar foundation to Bitcoin, but with a community-focused mission rooted in financial sovereignty for a specific nation. It remains a niche but historically significant project in the broader crypto landscape.
Best Exchanges to Buy AUR — Fee Comparison
| Exchange | Maker | Taker | Card | Signup Bonus | |
|---|---|---|---|---|---|
| MEXC | 0.00% | 0.05% | 2.0% | $8,000 USDT signup bonus | Visit → |
Frequently Asked Questions
What is Auroracoin and how does it work?
Auroracoin is a Proof of Work cryptocurrency launched in 2014 as a national digital currency for Iceland, designed to offer an alternative to the restricted Icelandic króna. It gained widespread attention for its unprecedented airdrop, which distributed free AUR tokens to every Icelandic citizen using the national ID system. Like Bitcoin, it relies on miners to validate transactions and secure the network. It remains one of the most historically notable examples of a country-specific cryptocurrency.
Where is the best place to buy AUR?
MEXC is currently one of the most accessible exchanges where you can buy Auroracoin (AUR). MEXC is known for listing a wide range of altcoins and smaller-cap assets, offering a straightforward trading interface that works well for both beginners and experienced traders. It's worth comparing fees and available trading pairs before getting started.
Is Auroracoin a good investment?
Auroracoin has a unique story and genuine historical significance in the crypto space, which some investors find appealing. That said, it's a low market cap asset with limited mainstream adoption, which means it carries a higher level of price volatility and liquidity risk compared to larger cryptocurrencies. Like any crypto investment, outcomes are uncertain and past interest in a project doesn't guarantee future performance. Always do your own research, understand your risk tolerance, and never invest more than you can afford to lose.
Ready to Buy Auroracoin?
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