Sell Dogecoin in Australia (DOGE)
How to sell Dogecoin in Australia
Register, deposit and sell in 5 minutes
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1. Create account
Securely create your personal, SMSF or business account and verify your identity.
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2. Deposit
Instantly deposit Dogecoin and other crypto assets 24/7.
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3. Sell Dogecoin (DOGE)
Place a market or limit sell order. Alternatively, use our OTC desk for high-value trades.
There are multiple ways to sell
Market sell
Limit sell
OTC sell
Auto & API sell
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Access the cryptocurrency market 24/7. Instant AUD deposits and withdrawals to and from your bank account.
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Low fees
Trading fees start at 0.5% and go down to 0.02%. Free EFT bank withdrawals. Low fees apply to instant, crypto and SWIFT withdrawals.
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Multi-currency trading
Buy and sell Dogecoin and other popular cryptocurrencies with AUD, NZD, or USD.
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Protecting your assets is our top priority
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.
What is Dogecoin (DOGE)?
Dogecoin (DOGE) is the original “meme coin”. Based on the wildly popular Shiba Inu meme that went viral in 2013, DOGE’s rise to fame has been impressive. It has become one of the most recognisable coins in the market and is the most frequently traded.
Dogecoin’s open-source blockchain and peer-to-peer network is powered by its users. As with all cryptocurrencies, it operates freely without interference from central authorities or third parties.
A Bitcoin-based system
Dogecoin runs on its own blockchain, a digital ledger that records and updates new transactions, all secured by cryptography. As a decentralised network, Dogecoin uses a consensus protocol to distribute transactions across nodes that must agree to verify them.
Like Bitcoin, Dogecoin uses a proof of work (PoW) consensus mechanism. Nodes or miners process and record transactions by solving complex mathematical equations. In exchange, they receive DOGE, which they can choose to hold or sell for other cryptocurrencies. Dogecoin eventually changed its protocol to auxiliary proof of work (AuxPoW), which allows miners to mine blocks from other chains along with Dogecoin.
Every dog has its day!
As the first meme coin to exist in crypto, Dogecoin started a new crypto craze of other cryptocurrencies also being based on viral internet memes. Since Dogecoin, there have been many dog-based token spinoffs, including BabyDoge, Doge Army Token (DGAT) and lastly one that is almost just as famous, Shiba Inu (SHIB).
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