How to buy Dero (DERO) in Australia

Learn how to buy Dero (DERO) easily by following a step-by-step guide and comparing 10+ crypto exchanges.

Dero
DERO- USD
$5.27
- $0.36 ( - 6.46%)

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How to buy Dero

1. Compare crypto exchanges

The easiest way to buy Dero 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 $ using the payment method that best suits you – cryptocurrency, paypal, wire transfer and credit or debit card payments are widely accepted.

4. Buy Dero

You can now exchange your funds for Dero. On easier-to-use exchanges, this is as easy as entering the amount you want to purchase and clicking buy. If you like you can now withdraw your Dero to your personal wallet.

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

Where to buy Dero in Australia

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

1 - 2 of 2
Name Product Deposit methods Fiat Currencies Cryptocurrencies
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

576
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Hotbit Cryptocurrency Exchange
★★★★★(0)
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

1042
cryptocurrencies

A multi-currency exchange with 150+ pairings that can be accessed through desktop as well as a mobile app.
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Compare up to 4 providers

Steps on how to buy Dero

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

  1. Compare cryptocurrency exchanges that support DERO.
    Cryptocurrency exchanges differ by fees, security and payment methods, so you'll need to research which is the right fit for you. As a beginner, you don't need a big range of features, and you can always change exchanges later.
  2. Create an account on an exchange.
    You can sign up for an account by selecting the Go to site button. This will take you to the account creation page, where you can fill in your details, starting with your name and email address..
  3. 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 Dero.
  4. Buy Dero.
    Complete your Dero purchase and then find the best wallet to store DERO.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What to consider when buying Dero

DERO is the native cryptocurrency of the innovative Dero protocol. However, innovation does not always guarantee returns and, therefore, a thorough evaluation of both the token and associated protocol should be completed. Here are a few key aspects to consider:

  • Speed and Scalability: Dero is able to deliver a high degree of scalability and transactional efficiency by bringing together a DAG architecture with a PoW consensus framework. The protocol also supports anonymous transactions while providing compatibility with smart contracts. These aspects help to solve what experts in the industry term the Blockchain trilemma; decentralisation, scalability, and security. While offering these advantages, the Dero protocol now needs to focus on adoption by individuals and businesses.
  • CryptoNote utilisation: One of the platform’s most underrated features is its use of the CryptoNote protocol. The CryptoNote protocol is designed to conceal sender and receiver transaction information - thereby protecting the identity of all the involved parties. Dero also features an SSL layer that conceals traffic from nefarious third-party agents. This level of anonymity and security could be attractive to dApp developers.
  • A vast number of possible dApp applications: Thanks to Dero’s privacy-oriented framework, the network can be deployed for a wide array of use cases such as voting services, escrow, and address certification/verification. The wider the potential use case for the blockchains is, the more demand that could be placed on the native DERO token.

How to sell Dero

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

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

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

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