We are pleased to announce that we will be listing Dogecoin (DOGE) and Polygon (MATIC).
- 25th of July (Sunday): deposits and withdrawals enabled
- 27th of July (Tuesday): trading goes live at 11am Sydney time
What is Dogecoin (DOGE)?
Dogecoin (DOGE) is a cryptocurrency created as a fork (clone) of the Litecoin codebase. Based on the well admired “Doge” internet meme, Dogecoin features the face of the Shiba Inu dog as its logo and namesake. The open-source digital currency was created with the notion of being a fun, light-hearted cryptocurrency that would have greater appeal beyond the primary Bitcoin audience. Despite its satirical nature, it has since developed a vast online community and is now considered a legitimate investment prospect amongst various parts of the cryptocurrency space.
What is (MATIC)?
MATIC is an ERC-20 token that powers Polygon; a protocol for developing and connecting Ethereum-compatible blockchain networks. Polygon is a layer 2 (L2) scaling solution designed to improve the overall adoption of the Ethereum blockchain. This scaling solution supports a complete multi-chain ecosystem, ensuring that there is interoperability amongst one another and the Ethereum network.
The MATIC token powers all transactions and smart contracts on the Polygon network, in the same way Ether (Ethereum’s token) powers all transactions on the Ethereum network.
We will be performing system maintenance and upgrades on Sunday the 25th of June at 2pm (AEST). We expect this to last approximately 4 hours and during this time you will not be able to access your Independent Reserve account.
There will be an introductory brokerage fee for all newly listed coins of 0.2% for two weeks, so be sure to get your trades in early!
Over the Counter (OTC) DOGE and MATIC
If you are looking to buy or sell A$100,000 or more of DOGE or MATIC it will be available through the Independent Reserve over-the-counter (OTC) desk from Monday the 26th of July.
If you have any questions regarding the upcoming listing, please do not hesitate to raise a ticket with our support team.