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What is DGB (DigiByte)?

DigiByte (DGB) is one of the longest-running and most battle-tested blockchains in cryptocurrency, launched in January 2014 as an open-source fork of Bitcoin. Built for security, speed, and decentralisation, DigiByte processes blocks every 15 seconds — 40 times faster than Bitcoin — with negligible fees and capacity for over 1,000 on-chain transactions per second. What truly sets DigiByte apart is its use of five separate Proof-of-Work mining algorithms, making it one of the most secure and decentralised UTXO blockchains in existence. DigiByte has had a loyal following among Australian crypto investors since the early days of the local market, valued for its community-driven ethos, long track record, and genuine technical innovation. Whether you're new to DGB or adding to an existing position, Uptrade is Australia's trusted DigiByte broker — making it simple, secure, and fast for investors across Australia.

Why Use a Broker for crypto trading?

If you’ve traded for a while, you already know that not all Crypto brokers are created equal. At Uptrade, we combine professional execution with the security and service sophisticated investors demand.

Registered and regulated – UpTrade is a registered and regulated crypto broker, fully compliant with our regulatory responsibilities.

Seamless conversions – Convert Bitcoin into USD, EUR, CAD, AUD and more with ease.

One-to-one personal support – Uncertainty breeds hesitation, and no one profits from hesitation. We keep you in the loop with personal broker support, so you’re never left searching for answers.

Designed for sophisticated investors – Our rates are sharp, with no hidden fees. Just clear and competitive pricing. 

Preservation and control of wealth – Imagine trading with the expertise of an entire in-house team of analysts behind you. If you want to trade as a high-value investor, you need high-value market research

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Frequently Asked Questions

How do I buy DigiByte (DGB) in Australia?
DGB is available on platforms accessible to Australian investors including Coinbase, Kraken, and Binance. Some Australian exchanges like CoinSpot also list DGB for direct AUD purchase. As a smaller-cap asset with lower daily trading volume than top-tier cryptocurrencies, timing and execution matter more when buying DGB. Many Australian investors prefer buying through a dedicated crypto broker like UpTrade — where you get personalised guidance on execution, position sizing, and how DigiByte fits within your broader crypto portfolio.
Is DigiByte (DGB) a good investment in 2026?
DigiByte has one of the longest and cleanest track records in crypto — operating continuously since 2014 with no major security breaches. Its multi-algorithm mining design and community-driven governance continue to attract a loyal following among Australian investors who value genuine decentralisation over venture-backed projects. That said, DGB is a small-cap coin with lower liquidity, meaning it can be more volatile and harder to exit quickly during market downturns. An Australian DGB broker can help you manage that risk appropriately.
What makes DigiByte different from other cryptocurrencies?
DigiByte uses five simultaneous Proof-of-Work mining algorithms — SHA256, Scrypt, Skein, Qubit, and Odocrypt — making it exceptionally resistant to 51% attacks. It processes blocks 40 times faster than Bitcoin at negligible fees, holds a number of blockchain firsts, and has never held an ICO or had venture capital backing — making it one of the most genuinely decentralised blockchains ever built. These qualities resonate strongly with Australian investors who prioritise transparency and community ownership over centralised corporate control.
Is it safe and legal to buy DigiByte in Australia?
Yes — buying DGB is fully legal in Australia and it is available on AUSTRAC-compliant platforms accessible to Australian residents. The ATO treats DGB as a CGT asset — any gains made when selling or exchanging DGB must be reported. As a smaller-cap asset, DGB requires careful record-keeping of AUD purchase prices and transaction dates to meet your ATO obligations. A crypto-savvy accountant can help you stay compliant.

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