Last update: Jun 6, 2022

How to Buy DODO (DODO)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy DODO. Depending on your country, you’ll have various exchanges to choose from.

In this guide, we not only cover the top 3 global crypto trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Dodo

How to Buy DODO – 4 Easy Steps

1. Choose a crypto exchange

Finding a crypto trading platform isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have DODO of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger crypto trading platforms.

4. Buy DODO

Now that you have what you need to buy DODO, head over to the market or buy section of the cryptocurrency trading platform and buy some DODO.

If the crypto exchange doesn’t have any DODO on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has DODO first), and trade your Ethereum for DODO.

Where to Buy DODO (DODO)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell DODO

  1. Sign into the cryptocurrency exchange where you bought DODO.
  2. Move your DODO to the right place on the exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell DODO.

 

Crypto trading

How to Buy DODO (DODO) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy DODO in Australia, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy DODO if it’s available. If the exchange doesn’t have DODO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has DODO), and trade your ETH for DODO.

Also, take a look at our analysis of the best sites to buy bitcoin in Australia for those looking to learn more about which exchanges we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy DODO (DODO) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy DODO in Canada, the process remains the same:

  1. Find a cryptocurrency exchange below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy DODO if it’s available. If the exchange doesn’t have DODO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has DODO), and trade your ETH for DODO.

Also, take a look at our analysis of the most trusted crypto exchanges in Canada for those looking to learn more about which ones we prefer.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy DODO (DODO) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy DODO in the UK, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy DODO if it’s available. If the exchange doesn’t have DODO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has DODO), and trade your ETH for DODO.

Also, check out our comparison of the easiest crypto exchanges in the UK if you’re looking to learn more about which ones we like.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying DODO? DODO Rundown

DODO is a DeFi protocoldecentralized finance (DeFi) protocol and on-chain liquidity provider whose unique proactive market maker (PMM) algorithm aims to offer better liquidity and price stability than automated market makers (AMM).

PMM pricing mimics human trading and uses Oracles for highly accurate market prices. The PMM pricing mechanism provides sufficient liquidity to match these prices to stabilize portfolios of liquidity provider (LP), reduce price slippage, and negate permanent loss by allowing arbitrage trades as reward.

DODO offers a free ICO listing through the Initial DODO Offering (IDO), which allows issuers to deposit only their tokens.

DODO's smart contracts are ERC20 tokens on the Ethereum Network.

DODO is a liquidity provider that provides very low transaction fees and prices slippage using its PMM algorithm. It was first created in April 2020.

Because of a flatter price curve, the PMM algorithm is claimed to be more affordable than AMM competitor Uniswap.

To ensure sufficient liquidity, the PMM gathers funds at market prices. The PMM's liquidity drops rapidly the further away the market price is. DODO adjusts market prices to attract arbitrage, which will help maintain liquidity provider portfolios stable.

This allows for more favorable pricing, greater fund utilization, and less price slippage. There is no permanent loss (explained below).

DODO provides traders with liquidity comparable to that of central exchanges (CEX). Smart contracts can natively use DODO for on-chain transactions like liquidation or auctions. Arbitrageurs may also benefit from price differences between DODO exchanges and other exchanges.

Liquidity providers do not have to make minimum deposits and they are not limited in the type of assets that they offer. LPs have the ability to create trading pairs and deposit tokens to mitigate price risk. They can also receive a portion of DODO transaction fee rewards.

DODO attracts new crypto projects by offering a free listing in the Initial DODO Offering (IDO). DODO is not dependent on AMM protocols. IDO projects need only deposit their tokens to the liquidity pool. The PMM then creates their ask-side depth. A project must set the oracle prices to a constant in order to start an IDO. Depositing more quote tokens improves liquidity.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.