Sell SKY in Australia (SKY)
How to sell SKY 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 SKY and other crypto assets 24/7.
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3. Sell SKY (SKY)
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
Trusted by global partners
Your trusted cryptocurrency exchange
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Made for you
Create a personal, SMSF or business account. Access the award-winning platform 24/7 using the website or mobile app.
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Instant deposits and withdrawals
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 SKY and other popular cryptocurrencies with AUD, NZD, or USD.
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Sell SKY on the go
Buy, sell and track your cryptocurrency portfolio, anywhere and anytime with the Independent Reserve app.
Awards & Recognition
Join over 500,000 happy customers
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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.
Their customer support is also excellent which is something most exchanges sadly lack these days.
Nick AddisonConsenSys -
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.
The client onboarding process was simple, it is easy to deposit funds and I particularly like the transparency of market depth and speed of execution.
Claire Wivell PlaterManaging Director, The Fold Legal Pty Ltd
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.
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
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.
Secure custody
An insured, enterprise-grade Qualified Custodian holds the vast majority of our clients’ digital assets in cold storage.
We adhere to industry best practices and never lend or trade your assets.
What is SKY (SKY)?
In August 2024, MakerDAO completed a major phase of its Endgame Plan by rebranding to Sky Protocol.
As part of this upgrade, MKR (MakerDAO’s governance token) was replaced by SKY at a conversion ratio of 1:24,000. SKY now serves as the exclusive governance token for Sky Protocol. SKY remains an ERC-20 token on Ethereum, ensuring compatibility with major wallets, DeFi protocols, and exchanges.
SKY holders can vote on key protocol parameters such as collateral types, risk settings, and system upgrades, while also earning incentives through the Sky Token Rewards program.
This milestone update also introduced USDS, a new USD-pegged stablecoin that succeeds DAI.
Get started today
Register, deposit and trade in 5 minutes.