Based on the popular ‘Doge’ Internet meme and featuring a Shiba Inu breed of dog on its logo, Dogecoin (DOGE) is a cryptocurrency that was forked from Litecoin in Dec 2013. Dogecoin has been used primarily as a tipping system on Reddit and Twitter to reward the creation or sharing of quality content.
Dogecoin was created by Billy Markus from Portland, Oregon and Jackson Palmer from Sydney, Australia. Both had envisaged Dogecoin as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience. CEO of Tesla and SpaceX, Elon Musk, has tweeted his fondness for Dogecoin several times, resulting in many people buying DOGE and causing the price to spike. To buy Dogecoin, create a free trading account with Swyftx.
Head to our deep dive on Dogecoin, available on Swyftx Learn to find out more.
When selling or buying Dogecoin from the Swyftx Cryptocurrency Exchange, you are trading on a secure, Australian-owned, and operated digital exchange platform. With low fees and spreads, Swyftx is one of Australia's most cost-efficient platforms to trade Dogecoin in Australia. To Buy Dogecoin in Australia, you will need to sign up for a free trading account with Swyftx. Once you have verified your account with a form of ID and confirmed your phone number and email, you can deposit AUD into your account. Once your deposit clears, select Dogecoin from the asset list, enter the amount you wish to purchase and click ‘Buy DOGE.'
The best place to buy DogeCoin is right here at Swyftx! Swyftx offers a fast, secure, and user-friendly platform that allows traders to easily deposit Australian dollars to trade Bitcoin and other cryptocurrencies instantly. We offer competitive fees and excellent customer support and we are proud to be Australia's highest-rated crypto exchange as per our Trust Pilot Reviews.
Yes, Swyftx is a safe and secure platform to buy and sell DogeCoin (DOGE). Swyftx employs a range of advanced security measures to protect user funds and personal information and has been awarded ISO27001 certification for information security.
Swyftx is a AUSTRAC registered exchange that conducts regular security audits and maintains strict compliance with Australian Anti-Money Laundering and Counter-Terrorism Financing Laws.
You can find more information on our security practices here.
The price of DOGE is determined by the forces of supply and demand in the market. Similar to other assets, the price of Bitcoin is determined by the number of buyers and sellers in the market at any given time.
Some significant factors that can influence the demand for Bitcoin are adoption rates, Macro economic factors, News events, upgrades and advancements in its tech and investor sentiment.
You can deposit Australian dollars (AUD) into Swyftx via a number of methods including:
Swyftx also allows you to deposit cryptocurrency from another wallet into your account.
Swyftx does not allow you to directly buy DogeCoin with credit card, however, we do support credit and debit card deposits. Once your deposit has arrived in your account, you can then buy DOGE instantly.
Swyftx has a trading fee of 0.6% for all buy and sell orders. In addition to the trading fee, Swyftx applies a spread to each cryptocurrency trade.
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This should not be used to make investment decisions.
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