How to buy Woofy (WOOFY) in Australia
Learn how to buy Woofy (WOOFY) easily by following a step-by-step guide and compare 10+ crypto exchanges.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
How to buy Woofy
Look for an exchange that supports both fiat and cryptocurrency to simplify buying Woofy.
- Open an account on an exchange that supports WOOFY.
Unfortunately, at this time no major exchanges in Australia offer WOOFY, but you may be able to purchase it with another cryptocurrency. Just be sure to follow all legal restrictions and requirements.
- 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 Woofy.
- Buy Woofy.
Complete your Woofy purchase and then find the best wallet to store WOOFY.
What is Woofy?
Woofy was created by Yearn Finance in May 2021 amid the popularity of Dogecoin. Dubbed “the blue dog companion token” of the YFI token (the native token of Yearn Finance), it is another dog meme token that was invented to capitalize on the hype surrounding Dogecoin. But unlike Dogecoin, which was always intended to be a joke, Woofy is fully backed by YFI, so investors can be “exposed both to a lighthearted dog coin and the DeFi darling blue chip at the same time.” WOOFY can be converted into YFI and vice versa. On the Woofy website, you can choose “woof” to convert YFI into WOOFY and choose “unwoof” to convert WOOFY back to YFI.
Woofy (WOOFY) is the 1671st largest cryptocurrency in the world by market cap, valued at $4,216,672. The current price of Woofy is $0.02899736, which is -11.525% lower than yesterday. Prices have ranged between $0.03278132 and $0.02776208 over the past 24 hours. All prices are listed in US dollars and accurate as of November 26, 2021 04:11 UTC.
Where to buy Woofy
Unfortunately, at this time no major exchanges in Australia offer this coin. However, you may be able to purchase it with another cryptocurrency, just be sure you're following all legal restrictions and requirements.
Consider buying a different cryptocurrency after comparing popular exchanges.
Woofy at a glance
|Total WOOFY supply||145,368,805|
|All time high||US$0.095648|
Woofy price performance over time
How to sell Woofy
You can cash out your WOOFY with the same exchange you bought it through:
- Sign in to the exchange you have WOOFY on.
If you store your Woofy in a digital wallet, compare crypto exchanges to sell it on.
- Place a sell order.
Choose the amount of WOOFY you'd like to sell.
- Complete your transaction.
Confirm the sell price and fees and close your sale of Woofy.
What to consider when buying WoofyCryptocurrencies are a highly speculative investment class and investors should exercise caution. That’s especially the case for meme or joke coins. Here are things to consider before buying WOOFY:
- Meme coin? The popularity of Dogecoin inspired the creation of other dog-inspired meme coins, such as Shiba Inu and Kishu Inu. Woofy is similar in that it uses a cute blue dog branding and it was launched after Tesla CEO Elon Musk’s Dogecoin-inspired Saturday Night Live show in order to get a boost from the hype around dog-inspired joke coins. But it’s not a pure meme coin because it’s backed by a more serious token, YFI.
- WOOFY and YFI. Unlike most dog-inspired coins, WOOFY is redeemable for YFI, which is the native token of Yearn Finance. Yearn Finance is a platform that allows users to access the highest yields on deposits of Ether, stablecoins and altcoins.
- Supply. WOOFY has a circulating supply of 280 million tokens and a maximum supply of 281 million.
- Exchange rate. 1 million WOOFY can be exchanged for 1 YFI and vice versa.
- Unit bias. Because YFI is priced at five figures due to a low circulating supply, there were concerns among investors that traders would be reluctant to buy YFI due to its perceived “high” pricing. WOOFY will arguably create a more attractive entry point for investors.
Woofy (WOOFY) in the news
Price analysis 11/26: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, AVAX, SHIB
When it comes to crypto products, Solana, Litecoin outshine Bitcoin, with better returns
South Park's Latest Episode Mocks 'Bitcoin-Only' Future
Disclaimer: Cryptocurrencies, including Woofy, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of WOOFY 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 Woofy or any other cryptocurrency discussed.
More guides on Finder
The Best Black Friday tech deals in Australia
Black Friday has landed, which means its time to get a deal on some fancy tech, from phones and headphones to laptops and cameras.
Cyber Weekend Christmas shopping deals for kids and teens: Get 60% off
Black Friday's best Christmas shopping deals for kids include Lego for 40% off, 38% off Beyblade, LEGO bargains galore and big Bluey discounts
7 steps to building your passive income
Setting a goal of making $200k per year passive income may seem all but unattainable, but investing experts Scott & Mina O'Neill say it's possible.
A-League fans! Here are 10 (more) reasons to get Paramount Plus
Come for the football, stay for the quality original TV.
Ethereum price gains 10% in a week – here’s why that could continue
In spite of the recent crash which saw nearly AU $400 billion being wiped out from the market, ETH has been able to register monthly gains of over 6%.
Crypto markets dive, but Bitcoin’s price remains resilient – here’s why that could change
Over the course of the last 14 days, Bitcoin has registered losses of over 16%.
The Best iPhone Black Friday deals in Australia: Save $300+ on an iPhone
Top Black Friday iPhone deals include 26% off the iPhone 12 Mini at The Good Guys and cut-price refurbished models at Amazon and eBay.
Black Friday TV deals in Australia: Up to $3,000 off smart TVs
The best Black Friday 2021 discounts include over $1,000 off 75-inch and 85-inch smart TVs from Samsung and Hisense.
50 best Black Friday deals: Tech, games, beauty, fashion and more
We've handpicked the 50 best Black Friday deals available in Australia right now, including tech favourites, games, toys, beauty, homewares and more.
eBay Australia’s best Black Friday 2021 deals with up to 75% off
We've handpicked the 50 best Black Friday deals available from eBay right now, including tech, games, home appliances and more.
Get into cryptocurrency
Ask an Expert