How to buy DuckDaoDime (DDIM) in Australia

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

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How to buy DuckDaoDime

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

  1. Open an account on an exchange that supports DDIM.
    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 DuckDaoDime.
  3. Buy DuckDaoDime.
    Complete your DuckDaoDime purchase and then find the best wallet to store DDIM.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is DuckDaoDime?

DuckDaoDime (DDIM) is the community governance token of the DuckDAO platform. The platform is a community-backed incubator for cryptocurrency projects. Projects that are in the early stages of their development can use the platform for expertise, financial capital and marketing presence to help push them further on the path to success. The incubator aims to overcome the issues that occur with the involvement of traditional venture capital organisations. These problems often occur in the early stages of high-potential cryptocurrency projects. Within DuckDAO, projects get funded by the community instead of being funded by a for-profit venture, which could be detrimental to the project in the long term due to vested interests. In addition to project incubation, the protocol offers various services like DuckBRIDGE, DuckFARM, DuckSTAKING, DuckHUNTERS and DuckSTORE.

DDIM is the utility and governance token of the platform. It is used to reward members and segregate them into various tiers and categories.

DuckDaoDime (DDIM) is the 909th largest cryptocurrency in the world by market cap, valued at $16,565,802. The current price of DuckDaoDime is $15.6, which is 1.740% higher than yesterday. Prices have ranged between $16.37 and $15.17 over the past 24 hours. All prices are listed in US dollars and accurate as of September 20, 2021 08:09 UTC.

Where to buy DuckDaoDime

Find an exchange to buy, sell and trade DDIM 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
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.
Hotbit Cryptocurrency Exchange
Hotbit Cryptocurrency Exchange
Cryptocurrency, Epay
USD

645
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

DuckDaoDime at a glance

Information last updated September 20, 2021 08:09 UTC.
Coin symbolDDIM
Total DDIM supply1,469,937
Circulating DDIM1,061,799
Current priceUS$15.6
All time highUS$103.26
All time high dateFebruary 18, 2021

DuckDaoDime price performance over time

Historical prices compared with the price of US$15.6.

1 hour 0.11%
24 hours 1.74%
7 days 1.35%
14 days -15.70%
30 days 2.75%
60 days 109.72%
200 days -82.23%
1 year 226.75%

How to sell DuckDaoDime

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

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

What to consider when buying DuckDaoDime

Incubation projects like DuckDAO have a high growth potential in this exponentially growing cryptocurrency market, though it’s important to remember that crypto tokens are volatile and risky assets. Here are a few things you should be aware of before you consider adding DDIM to your portfolio:
  • Membership groups. Members of the DuckDAO ecosystem are known as Ducks. There are various membership tiers that Ducks are classified into based on the number of DDIM holdings. Each tier includes an increasing number of benefits for the community. The Duck Fightclub requires a minimum of 10 tokens, Beach Club requires over 200, the Gentlemen’s Club (VIP) requires over 2,500 and Diamond Club (VVIP) requires 10,000. The top 10 token holders are called the Duck Allstars Club.
  • Involvement tiers. The involvement of the incubator within each project is classified into 3 tiers. Tier 1 is the incubation level where the platform works from the very beginning until the project is listed on an exchange. This includes services like marketing, advisory and listing that help projects to grow. Tier 2 is the strategic contribution level where the incubator assists projects with social media strategies including Facebook, Twitter and Telegram. Tier 3 is the general contribution level where OTC sales and community requests are managed by the incubator, with little to no direct involvement in the project.
  • Tokenomics. The token’s maximum supply is capped at 1.47 million coins. The circulating supply is 1.03 million. Out of these, 500,000 tokens are locked in reserves and can only be unlocked by votes collected by the Duck Allstars Club. 80,000 tokens are allocated to be used in the community incentive program for members. Another 40,000 tokens are reserved for team members of the Duck Dao protocol.
  • Cross-chain. The protocol’s cross-chain abilities have allowed it to run both on Ethereum and Binance Smart Chain (BSC), 2 of the most prominent blockchains for application development.

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

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