How to buy Dogelon Mars (ELON) in Australia
Learn how to buy Dogelon Mars (ELON) easily by following a step-by-step guide and comparing 10+ crypto exchanges.
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How to buy Dogelon Mars
1. Compare crypto exchanges
The easiest way to buy Dogelon Mars 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 Dogelon Mars
You can now exchange your funds for Dogelon Mars. 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 Dogelon Mars to your personal wallet.
Where to buy Dogelon Mars in Australia
Find an exchange to buy, sell and trade ELON by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Steps on how to buy Dogelon Mars
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Dogelon Mars.
- Compare cryptocurrency exchanges that support ELON.
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.
- 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..
- 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 Dogelon Mars.
- Buy Dogelon Mars.
Complete your Dogelon Mars purchase and then find the best wallet to store ELON.
What to consider when buying Dogelon Mars
ELON, quite like many other digital assets being traded globally today, is routinely faced with high volatility. This is particularly true for all meme-based cryptocurrencies. Here are a few aspects regarding the project that our readers should check out before investing in it:
- Founders are unknown: Like other meme-based cryptocurrencies the founders of this coin have not yet revealed their identities. While the founder of Dogelon Mars claims to be named Elon, there is no evidence to back this data up. Furthermore, the fact that the project’s native token has been named ELON, suggests that the project’s creators could be trying to cash in on the popularity of Elon Musk, the CEO of Tesla and SpaceX, and his close affiliation to the cryptocurrency industry.
- A fork of Dogecoin: As per the project’s official Github repository Dogelon Mars is a fork of the popular meme cryptocurrency, DOGE. However, the key difference between the two is that ELON has a much larger maximum token supply when compared with DOGE. While DOGE has no capped supply and a circulating supply of 132 billion, ELON has a maximum capped supply of 1 quadrillion tokens. ELON tokens are, therefore, much more readily available.
- Proven market growth: Since its inception, Dogelon Mars has continued to showcase strong community growth. The project’s Twitter handle has grown to 600,000 followers within an extremely short period of time. The project’s official Telegram channel has also grown to 100,000 followers. The success within social media channels may showcase the rising public interest in the project.
How to sell Dogelon Mars
You can cash out your ELON with the same exchange you bought it through:
- Sign in to the exchange you have ELON on.
If you store your Dogelon Mars in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of ELON you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Dogelon Mars.
Disclaimer: Cryptocurrencies, including Dogelon Mars, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ELON 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 Dogelon Mars or any other cryptocurrency discussed.
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