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How to buy Woofy (WOOFY) in the US

A beginner's guide to buying and selling WOOFY in the US.

Woofy
WOOFY- USD
$0.03
+$0.0013 (+4.22%)

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.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  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 1060th largest cryptocurrency in the world by market cap, valued at $7,431,752. The current price of Woofy is $0.03151121, which is 1.193% higher than yesterday. Prices have ranged between $0.03264051 and $0.03094099 over the past 24 hours. All prices are listed in US dollars and accurate as of August 05, 2021 04:08 UTC.

Where to buy

Unfortunately, at this time no major exchanges in the United States 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 August 05, 2021 04:08 UTC.
Coin symbolWOOFY
Total WOOFY supply234,799,972
Circulating WOOFY234,799,972
Current priceUS$0.03151121
All time highUS$0.095648

Woofy price performance over time

Historical prices compared with the price of US$0.03151121.

1 hourN/A
24 hours 1.19%
7 days 4.51%
14 days 10.02%
30 days -2.12%
60 days -25.10%
200 daysN/A
1 yearN/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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