Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Badger DAO. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

Badger DAO

Australia has a good amount of popular and regulated cryptocurrency trading platforms, so it’s quite easy finding an exchange that has Badger DAO. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Badger DAO in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Badger DAO

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Badger DAO in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Badger DAO, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Badger DAO.

Also, take a look at our analysis of the Australian crypto exchange reviews if you’re curious to know more about which ones we prefer.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Badger DAO, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Badger DAO

The final step is to go to their asset list, find Badger DAO, navigate to the buy section, and then trade your AUD for some BADGER. Once you’ve bought Badger DAO, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Badger DAO (BADGER)

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How to Sell Badger DAO

If you’re thinking about selling Badger DAO, just follow the steps below.

  1. Sign in to the cryptocurrency trading platform (like Swyftx).
  2. Click on Badger DAO in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Badger DAO for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Badger DAO in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Badger DAO with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Badger DAO. Have a look on their site first, you might be lucky.

How to buy Badger DAO with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Badger DAO with your credit/debit card.

About Badger DAO

Badger DAO is an open-source, decentralized automated company that focuses on building products to make it easier to use Bitcoin (BTC) as collateral across multiple smart contracts platforms.

Badge Builders are platform developers. They can work together to create Bitcoin collateral for as many blockchains as they want and have full access to the platform as an open space. Developers may receive a portion the fees and BADGER tokens generated by the mining pool. The mainnet was launched on December 3, 2020.

A builder can be one, many or all of them. There are no set participation requirements and anyone can participate. Badger DAO's pillars include the Badger Builders and community-created products. Initial distribution of BADGER tokens for governance is very minimal.

Badger DAO provides two main products: Sett and DIGG. Badger DAO (Decentralized Asset Organization), is a community-driven initiative. Before any product can be developed, token holders must approve it.

Sett is a Decentralized Finance Aggregator (DeFi) that offers flash loans mitigation measures that focus on tokenized BTC. It employs five strategies. If a user makes a deposit, they can get a return. The protocol's smart contract does all the work.

Farmers who deposit tokenized BTC into the Sett vault earn BADGER and DIGG to encourage participation. A further 4.5% is taken out of the profits to pay for gas and transaction costs.

DIGG is a synthetic, non-custodial Bitcoin on Ethereum's blockchain. It is tied to the price of BTC, and offers a flexible supply, as well as a rebase feature. Its primary purpose is to eliminate central third parties.