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What is OpenDAO?

The OpenDAO (SOS) is a project created to pay tribute, protect and promote the NFT industry. In addition to this, they seek to reward content creators & consumers who help bring new NFT's to the forefront.

  • SOS seek to reward NFT and OpenSea users through the SOS token airdrop. Anyone who has transacted on the OpenSea NFT marketplace within the applicable time period, are eligible to claim free tokens on the project's website.
  • The team aim to compensate verified OpenSea scam victims, ensure emerging NFT artists are supported, as well as offering grants for developers to build up the SOS ecosystem.
  • SOS is part of a Decentralised Autonomous Organisation, which means the project is community governed. SOS is working to give token holders the ability to participate in the governance of the protocol.

The OpenDAO seeks to facilitate the ongoing, rapid growth of the NFT industry, whilst bringing further security and peace of mind to developers, creators & buyers.

How do I swap OpenDAO?

Enter amount to swap
Select the quantity of OpenDAO you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about OpenDAO

Why Should I Trade SOS with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over three million Australians. We make it easy to buy and sell OpenDAO no matter what your trading experience is. Unlike other international and Australian OpenDAO exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy OpenDAO with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade OpenDAO how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your OpenDAO?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your OpenDAO for free.

Cold Storage

If you are holding OpenDAO as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy OpenDAO. We are trusted by over three million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for OpenDAO. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
OpenDAO has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As OpenDAO is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual OpenDAO exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in OpenDAO & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying OpenDAO safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your OpenDAO portfolio here.
Yes! With CoinSpot you can convert your OpenDAO to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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