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.

- $0.0026 ( - 8.28%)

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How to buy Woofy

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

  1. 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.
  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 Woofy.
  3. Buy Woofy.
    Complete your Woofy purchase and then find the best wallet to store WOOFY.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

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

Information last updated November 26, 2021 04:11 UTC.
Coin symbol WOOFY
Coin Marketcap US$4,216,672
Total WOOFY supply 145,368,805
Circulating WOOFY 145,368,805
Current price US$0.02899736
All time high US$0.095648

Woofy price performance over time

Historical prices compared with the price of US$0.02899736.

1 hour -0.74%
24 hours -11.53%
7 days -7.07%
14 days -13.03%
30 days -19.58%
60 days -3.74%
200 days N/A
1 year N/A

How to sell Woofy

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

  1. 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.
  2. Place a sell order.
    Choose the amount of WOOFY you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Woofy.

What to consider when buying Woofy

Cryptocurrencies 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.

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.

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