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How to buy Yield Guild Games (YGG) in Australia

Learn how to buy Yield Guild Games (YGG) on 12+ crypto exchanges in our step-by-step guide.

OFFER

Binance Australia

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  • Trade YGG and 375 other cryptos.
  • Earn yield on your crypto holdings.
  • Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.
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Yield Guild Games (YGG) is the 235th largest cryptocurrency by market cap, valued at US$273,791,008.

Yield Guild Games is a highly volatile asset capable of major price swings in a single day. Today YGG is trading for $0.879554 USD, which is lower than yesterday's trading price of $0.9031001695 USD. Over the past year, Yield Guild Games's price has seen an increase of 242%.

So before you buy Yield Guild Games, 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 Yield Guild Games.

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.

How to buy Yield Guild Games in 5 steps

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.

  1. Compare crypto exchanges
    The easiest way to buy Yield Guild Games is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit AUD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Yield Guild Games
    You can now exchange your funds for Yield Guild Games. On beginner-friendly exchanges, this is as simple as entering the AUD or YGG amount you want to purchase and clicking "buy".
  5. Secure your Yield Guild Games
    Consider transferring your YGG to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.

Where to buy Yield Guild Games in Australia

Find an exchange to buy, sell and trade YGG by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 16
Name Product Deposit methods Fiat currencies Cryptocurrencies Offer Disclaimer Link
Kraken
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID, Apple Pay, Google Pay, SWIFT

7

235

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
CoinSpot
Bank transfer, BPAY, Cash, Credit card, Cryptocurrency, Debit card, PayID

1

447

Get $20 in BTC when you make a deposit. T&Cs apply.

Capital at risk

View details
Exclusive
EXCLUSIVE
Swyftx
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID

3

352

Get $20 in BTC when you verify your account. T&Cs apply.

Capital at risk

View details
Finder Award
OFFER
Binance Australia
Credit card, Cryptocurrency, Debit card, Osko, PayID, Simplex, Banxa, Apple Pay, Google Pay

82

376

Earn up to US$100 in rewards by completing welcome tasks within 7 days of signup. T&Cs apply.

Capital at risk

View details
Finder AwardExclusive
EXCLUSIVE
Coinstash
Bank transfer, Cryptocurrency, Osko, PayID

1

785

Finder exclusive: Get up to $200 BTC when you complete certain steps on sign up. T&Cs apply.

Capital at risk

View details
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Yield Guild Games guide up-to-date

  • YGG price data is regularly updated through data feeds so you always have the latest information.

What is Yield Guild Games?

YGG is the native cryptocurrency of Yield Guild Games, a gaming guild and decentralised autonomous organisation (DAO). The Yield Guild Games DAO was developed as a vehicle to invest in yield-bearing non-fungible tokens (NFTs), play-to-earn (P2E) gaming platforms and virtual worlds. The DAO's mission is to onboard millions of users into the gaming finance (GameFi) ecosystem. Through seeking out investments, the DAO now acts as an economic partner to top gaming projects within the space. These partnerships involve offering scholarships and NFT rental programs to gamers who may not have the means to purchase the required assets to play within the P2E games.

According to Yield Guild Games' whitepaper, the YGG token runs on the Ethereum, Solana, and Harmony networks, and is the fuel that powers the DAO's entire operations. All YGG holders are awarded a portion of the revenue generated from all activities and are eligible for exclusive access to privileges ranging from discounts to merchandise. Token holders also get to enjoy governance rights over the DAO. In the future, Yield Guild Games plans to establish subDAOs which are smaller entities that specialise in specific activities, games, or regions.

How do I find the best places to buy Yield Guild Games?

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.

What will I need to buy Yield Guild Games?

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 Yield Guild Games.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing YGG with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Yield Guild Games?

Once you've created an account, you will need to deposit funds to buy YGG 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 YGG:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase YGG by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for YGG on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Yield Guild Games?

The easiest way to buy YGG 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 YGG, 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 Yield Guild Games has been performing recently.

Best Yield Guild Games wallets to store your YGG

You can keep your YGG on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your YGG below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Go to site

Supported assets

5,500+

Supported assets

9,000+

Price (USD)

$149

Price (USD)

$179

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Yield Guild Games a good investment?

Altcoin investments can be extremely risky. That is why it is crucial to evaluate both the token and the associated protocol. Here are a few factors to consider before investing in YGG:

  • Unique staking model: Yield Guild Games DAO offers several YGG vaults that represent a unique token distribution program for specific gaming activities. The revenue generated is distributed to all stakers supporting that program. For example, if an investor stakes YGG tokens on the ZED RUN Breeding Vault, the investor will earn a portion of the revenue generated from the DAO's breeding and rental of ZED NFTs.
  • Responsible for yield-generating assets: The DAO focuses on investing in yield-generating assets. These assets are carefully selected by YGG token holders. It is, therefore, the responsibility of YGG token holders to ensure that the DAOs treasury maintains a decent operating cash flow. However, P2E gaming is a young sector, which places uncertainty around the sustainability of games that offer high yields.
  • Governance: All YGG token holders can submit or vote on proposals regarding the DAO's technology, projects, products, token distribution, and even the structure of the governance system itself. This means that all developments of the DAO are not controlled by one single entity. Yield Guild Games is completely decentralised.
  • Token supply: YGG has a maximum supply of 1 billion tokens. These tokens are scheduled to distribute over multiple phases. The last set of tokens will be released sometime in 2026-27. No tokens will ever be created thereafter.
  • Backers: The YGG DAO is backed by industry-leading names including Animoca Brands, Polygon, Delphi Digital, and Aleksander Larsen of Sky Mavis. Having established names backing the Yield Guild Games DAO could help to encourage user adoption and, therefore, increase demand for the YGG token.
  • Competitors: The DAO is currently leading the gaming guilds niche in crypto. However, there are a few smaller competitors that are trying to take market share. These include Good Games Guild, Merit Circle, and Unix Gaming. Yield Guild Games will need to continually innovate to stay ahead of the competition.

Today's Yield Guild Games price versus ATH

Compare today's price of Yield Guild Games ($0.879554 USD) against its all-time-high price of $11.17 USD on 20 November 2021. The closer the bar is to 100%, the closer YGG is to reaching its ATH again.

Yield Guild Games's price: $0.879554 USD
ATH date: November 20, 2021
7.87%

Yield Guild Games ATH: $11.17 USD


How to trade, convert or sell Yield Guild Games

You can convert or sell your YGG with the same exchange you bought it through:
  1. Sign in to the exchange you have YGG on.
  2. If you store your Yield Guild Games in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of YGG you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Yield Guild Games.
  6. Complete your transaction and move your YGG to a crypto wallet for storage.

How to buy other cryptos


Disclaimer: Cryptocurrencies, including Yield Guild Games, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of YGG 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 Yield Guild Games or any other cryptocurrency discussed.

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