How to sell Dogecoin in Australia
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Independent Reserve are great. I've used them for over a year now and they are very helpful and responsive to any questions. Highly recommended.Adam D.Google review
The quality of service which Independent Reserve provides is something that you don't find in many other crypto exchanges. Its customer service is fantastic. For a person who just started with cryptocurrencies, his customer service officer, Roger, patiently guided me along the way — highly recommended.Yim S.Google review
Great local and simple to use exchange with outstanding support. I had an issue with transferring currency between an investment platform and an exchange due to my error. Their support went above and beyond to help me out.Patrick I.Google review
Highly recommend Independent Reserve for the level of efficiency and support I've received on many occasions based on lack of experience in cryptocurrency trading on my part. On every occasion the staff have been unbelievably patient, caring and accommodating successfully resolving matters beyond my expectations! Great work guys!Eddie B.Google review
I find the level of service by the support team at Independent Reserve to be prompt, knowledgeable, patient!!! and they work with you to solve the issue. Yesterday, I was using PayId for the first time and after a few false starts, Melanie had me all sorted out. A previous issue I had with my initial purchases was also extremely well-handled. They way they handle queries, educates you and gets you off to a good start...Graham T.Google review
As someone who has integrated to over 20 crypto exchanges via their APIs, I can say Independent Reserve has the best API documentation by far.
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I organise and host blockchain meetups and conferences and am always hearing very positive things when it comes to Independent Reserve which is why I always recommend them.
They are by far the most trusted crypto exchange in Australia for consumer trading as well as institutional investment, and offer a great 'open order book' unlike most other Australia exchanges.Lucas CullenBlockchain developer
I find Independent Reserve to be one of the easiest, smoothest cryptocurrency exchanges that I use.
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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.
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.
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.
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.
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Independent Reserve is a 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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