How to Buy Kaspa (KAS) in Australia

Kaspa (KAS) is the native coin of the Kaspa network, a Proof of Work Layer-1 that records transactions on a blockDAG rather than a single row of blocks. On a conventional chain, when two miners find a block at the same moment, one is discarded as an orphan and its work is thrown away. Kaspa keeps both: parallel blocks are allowed to coexist and are then woven into a single agreed order, so almost no mining effort is wasted.

The network went live in November 2021 as a fair launch, with no premine, no pre-sale and no allocation set aside for insiders, so every KAS in circulation has been mined in the open. On Digital Surge, Kaspa is categorised as a Layer 1 (L1) and Proof of Work (PoW) asset, and it is tradeable and swappable.

• Chain: Kaspa is its own native Layer-1 network (the network is the coin).
• Structure: a blockDAG (a directed acyclic graph of blocks), not a single linear chain.
• Consensus: Proof of Work, ordered by the GHOSTDAG protocol.
• Designed by: Yonatan Sompolinsky, with Shai Wyborski and Aviv Zohar.
• Launched: November 2021, as a fair launch with no premine.

Who created Kaspa?

Kaspa grew out of the GHOSTDAG protocol, which was co-designed by researcher Yonatan Sompolinsky together with Shai Wyborski and Aviv Zohar. GHOSTDAG is a generalisation of the Nakamoto consensus that secures Bitcoin, adapted so that a graph of blocks, rather than a single chain, can still reach one agreed history. Because the project launched openly in November 2021 with no founder allocation, Kaspa does not have a company or foundation that controls its supply.

How do GHOSTDAG and the blockDAG work?

A blockDAG lets miners add blocks in parallel instead of waiting in line. GHOSTDAG then looks at how the blocks reference each other and sorts them into a single sequence that every node can agree on, keeping the honest, well-connected blocks and placing the rest in order rather than deleting them. This is how Kaspa can produce blocks very quickly while still relying on Proof of Work for security. The network began at roughly one block per second, and since the Crescendo upgrade in May 2025 it has aimed to produce about ten blocks per second, so confirmations feel close to instant and are limited mostly by how fast data travels across the internet.

What is Kaspa used for?

Kaspa is built for fast, everyday payments. Its very short block times and quick confirmations are meant to make transfers settle in seconds, which suits situations where waiting several minutes for a traditional Proof of Work chain to confirm would be impractical. Because it is a base Layer-1, KAS is also used to pay the network's transaction costs and to reward the miners who keep it secure.

Can you stake Kaspa?

No. Kaspa cannot be staked, and staking is not offered for KAS on Digital Surge. Staking belongs to Proof of Stake networks, where participants lock up coins to help secure the chain. Kaspa instead uses Proof of Work, so new KAS is created through mining rather than staking. On Digital Surge, KAS is tradeable and swappable but not stakeable.

Risks of buying Kaspa

Kaspa is volatile: its value in AUD can rise or fall sharply over short periods, and there is no guarantee it will hold its value. Cryptocurrency is a high-risk category, so it helps to only commit an amount you are comfortable holding through large price swings, to secure your account and keys, and to stay alert to scams. This is general information only and not a recommendation, and it does not take your personal circumstances into account. Consider your own situation or speak to a qualified professional before buying.

Why Buy Kaspa?

Many Australians hold Kaspa because it is a fair-launch Proof of Work coin with no premine, it uses the GHOSTDAG blockDAG to confirm transfers in seconds, and its network is secured by open mining rather than a central operator. Digital Surge lets you buy KAS with AUD via PayID or bank transfer and offers Australian-based support. This is general information only and not a recommendation; consider your own circumstances before buying any cryptocurrency.

Buying Kaspa in Australia: the quick recap

To buy Kaspa in Australia on Digital Surge: create a free account, verify your ID, deposit AUD via PayID or bank transfer, then buy Kaspa. The whole process takes about five minutes, and your Kaspa is held safely in your Digital Surge wallet.

Learn more about Kaspa

On Digital Surge you can see the live Kaspa price and KAS to AUD converter, see other coins in the Layer 1 category, or read what cryptocurrency is before you buy Kaspa in Australia.