How to buy Dego Finance (DEGO) in Australia

A beginner's guide to buying and selling DEGO in Australia.

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How to buy Dego Finance

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Dego Finance.

  1. Open an account on an exchange that supports DEGO.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Dego Finance.
  3. Buy Dego Finance.
    Complete your Dego Finance purchase and then find the best wallet to store DEGO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Dego Finance?

Dego Finance is a decentralised finance (DeFi) project which aims to disrupt the utility of non-fungible tokens (NFTs). NFTs are tokenised versions of either digital or real-world assets. According to the Dego Finance website, users can readily mint new NFTs and launch them for auction or trade. The platform has also focused on integrating with multiple blockchains including Ethereum, Polkadot and Binance Smart Chain as well as layer-2 technologies to help developers create more diverse and featureful NFT applications. The Dego NFT Suite is designed to offer products to cover the full lifecycle of NFTs. Dego’s NFT Foundry allows users to mint NFTs with unique attributes and rarity grades. Dego NFT Mining can be used to stake NFTs and mine rewards, while Dego NFT Marketplace allows users to trade NFTs with other users. DEGO is the governance and equity token of the Dego platform. It allows token holders to vote on development proposals and pay for NFT minting, staking, auctions and trading.

Dego Finance (DEGO) is the 600th largest cryptocurrency in the world by market cap, valued at $47,641,316. The current price of Dego Finance is $8.8, which is 2.581% higher than yesterday. Prices have ranged between $8.97 and $8.41 over the past 24 hours. All prices are listed in US dollars and accurate as of September 16, 2021 02:09 UTC.

Where to buy Dego Finance

Find an exchange to buy, sell and trade DEGO by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

307
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
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Dego Finance at a glance

Information last updated September 16, 2021 02:09 UTC.
Coin symbolDEGO
Total DEGO supply9,838,769
Circulating DEGO5,422,187
Current priceUS$8.8
All time highUS$33.41

Dego Finance price performance over time

Historical prices compared with the price of US$8.8.

1 hour -0.46%
24 hours 2.58%
7 days -3.88%
14 days -21.71%
30 days -14.35%
60 days 52.63%
200 days 145.16%
1 yearN/A

How to sell Dego Finance

You can cash out your DEGO with the same exchange you bought it through:

  1. Sign in to the exchange you have DEGO on.
    If you store your Dego Finance in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of DEGO you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Dego Finance.

What to consider when buying Dego Finance

Cryptocurrencies are highly volatile and risky assets. Before making a purchase an investor should consider all aspects of the token and the associated platform. Here are a few things to consider before purchasing DEGO:
  • Payment for NFT suite. Token holders can use DEGO tokens to pay for NFT minting, staking, auctions and trading.
  • User participation. DEGO tokens are also used to reward user participation within the platform. Examples of user participation include bounty hunting.
  • Supply and tokenomics. The total supply of DEGO tokens is capped at 21 million tokens. Of the 21 million, 80% are reserved for mining rewards. The token is deflationary and has been designed so that over time DEGO tokens are destroyed.
  • Dividends. Every time a user transfers a DEGO token 0.2% of the transferred amount is collected as trading fees. Half of these fees are burned instantly. The remaining half is transferred to the dividend pool. Of the funds in the dividend pool, 20% are used to incentivise volunteer developers, 40% are used for the NFT auction pool and 40% are used for follow up modules.
  • Governance. DEGO is the governance token of the platform, which allows holders to participate in decision making. For stage 1 of the development plan, five representatives from the DEGO team vote on governance proposals. Three yes votes are required for each decision. As Dego Finance moves to stage 2, token holders can reelect representatives and can vote on proposals to change the system parameters.

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

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