The Sandbox Price - SAND/AUD : $0.70420

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Order book SAND / AUD

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The Sandbox: AUD 0.70990
Aud
Aud
Sand
Sand
Payment method
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The Sandbox: AUD 0.62003
Sand
Sand
Aud
Aud
Receive with
Sell The Sandbox with Bank transferSell The Sandbox with PayIDSell The Sandbox with SWIFT

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What is The Sandbox (SAND)?

The Sandbox is a software that runs on Ethereum that operates a decentralised virtual gaming world. The virtual world allows users to create, build, buy and sell digital assets in the form of a game. The native SAND token facilitates various transactions that are part of its gameplay, including purchasing digital real estate, interacting with user-generated content, and staking it to participate in the governance of its decentralised autonomous organisation (DAO).

Frequently asked questions

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How we treat client assets

No commingling of customer funds: we keep client assets completely separate from our own.

1:1 reserves

We maintain a full 1:1 reserve of all client fiat and crypto assets.

We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.

Audited

Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.

Segregated funds

We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.

We keep your assets safe. That is our promise.

Sole custodian

Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.

We adhere to industry best practices and never lend, trade or reinvest your assets.