OKX
FLOKI (FLOKI) is the 58th largest cryptocurrency by market cap, valued at US$1,751,239,251.
FLOKI is a highly volatile asset capable of major price swings in a single day. Today FLOKI is trading for $0.0001806 USD, which is higher than yesterday's trading price of $0.0001771314 USD. Over the past year, FLOKI's price has seen an increase of 721%.
So before you buy FLOKI, make sure you understand these unique risks as well as its legal and tax status here in Australia.
If you're ready to get started, read on for step-by-step instructions on how you can use to buy FLOKI.
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
Find an exchange to buy, sell and trade FLOKI by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
Floki (FLOKI) is a memecoin released in July 2021 following the price surge of other popular memecoins, including Shiba Inu (SHIB) and Dogecoin (DOGE). It was named after Elon Musk's pet Shiba Inu.
FLOKI is a multichain token that operates on Ethereum and BNB Smart Chain and acts as the utility token of the Floki ecosystem. The project tokenomics are unlike most other major cryptos, with a total supply of 10,000,000,000,000 and a 0.3% buy/sell tax on decentralised exchanges (DEXes).
The success of FLOKI is largely due to its loyal community of over nearly half a million Twitter followers and celebrity endorsements from names such as Snoop Dogg and Paris Hilton. The anonymous developers claim to have taken Floki from 'Meme to Dream', launching numerous projects on the Floki ecosystem, including a play-to-earn game, a DeFi protocol and an NFT marketplace.
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Australia to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading FLOKI.
Once you've created an account, you will need to deposit funds to buy FLOKI with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy FLOKI:
The easiest way to buy FLOKI is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying FLOKI, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of FLOKI has been performing recently.
You can keep your FLOKI on the exchange you purchased it on, or move it to a personal wallet:
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,000+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $149 |
Price (USD) $49.99 |
See more of the best crypto wallets
Floki remains a popular choice crypto among memecoin enthusiasts. It started 2023 well, with significant gains and a major exchange listing on KuCoin. The development team has also announced that staking will be released soon.
That said, there are many competitor memecoins in what could be argued is an oversaturated market. Here are some things to consider before investing in FLOKI:
Compare today's price of FLOKI ($0.0001806 USD) against its all-time-high price of $0.00034495 USD on 05 June 2024. The closer the bar is to 100%, the closer FLOKI is to reaching its ATH again.
Disclaimer: Cryptocurrencies, including FLOKI, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FLOKI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the FLOKI or any other cryptocurrency discussed.
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