How to Buy Dogecoin in 2023- Easy Guideline?
Dogecoin has proven to be a good joke. The currency has succeeded in surviving for nearly four years. Many investors have asked me the same question: “How to buy Dogecoin?
What is Dogecoin, what does it do, where does it come from, and how can I get it?
So, I would do a blog post about it.
WHAT IS DOGECOIN?
Dogecoin is a cryptocurrency that draws inspiration from the Shiba Inu dog meme known as Doge, which has an image of the dog with vibrant Comic Sans sentences that are believed to represent its inner thoughts.
First created as a Bitcoin spoof in 2013, Dogecoin has since surged in value, with those who bought in early seeing their investment increase by 7,000% to 77 cents.
Programmers were starting to investigate the opportunities presented by the creation of Bitcoin
Even its designers were surprised to learn that Dogecoin continues to have a passionate fan base and a thriving online community. Dogecoin has gained popularity due to its Cerberus-like mascot and high-profile investors such as Elon Musk and Mark Cuban. Its cryptocurrency, DOGE, is traded today primarily for crowdfunding campaigns or rewarding online content creators.
One explanation is that Dogecoin functions very similarly to many other cryptocurrencies, giving consumers the option to exchange value via the internet without using conventional f
P2P TRADING
Binance’s peer-to-peer service allows users to buy Dogecoin (DOGE) directly from other users.
You have one minute to verify your order at the current market price. It will adjust your order to the current market price after one minute. Click Refresh to view the updated order total.
Store your Dogecoin in Binance.
Keep your Dogecoin (DOGE) safe by storing it in your crypto wallet or Binance account. You can also trade it for other cryptos or stake it on Binance Earn to earn passive income.
HOW TO BUY DOGECOIN WITH THE COINBASE APP?
When it comes to buying crypto, you have a lot of options. If you’re looking to buy Dogecoin, the Coin base app is a quick, easy, and secure way to do so. Here’s a guide on how to buy Dogecoin with the Coin base app for U.S. residents.
- Create your account on a Crypto currency Exchange
The sign-up process for Coin base requires a valid I.D. and proof of address. Depending on where you live, the verification process for your I.D. can take more than a few minutes. Ensure all required documents are ready before starting the sign-up process.
2. Create a payment method
(Transfer from your bank account, Cards, Crypto currencies, etc.)
Tapping the payment method box will allow you to connect a payment method to your account. This can be done by using a bank account, debit card, or initiating a wire transfer.
3. Start Trading
(DOGE is the crypto currency we will be trading)
4. Select DOGE from the Assets list
Enter “Dogecoin” into the search bar to locate it. After finding Dogecoin in the results, select it to open the purchase screen.
5. Enter the Amount you want to buy
(Use the Chart to get a more accurate Price)
Use the number pad to input the Amount you want to spend in your local currency. The app will automatically convert that into a Dogecoin amount
6. Finalize your purchase
When you’re ready, tap “Preview buy.” You’ll see all the details of your purchase. Double-check everything looks good, then hit “Confirm purchase.” And that’s it all about how to buy dogecoin—you’ve just bought Dogecoin!
HOW TO BUY DOGGE ON KRAKEN
SIGN UP FOR KRAKEN ACCOUNT
To create a new account, enter an email address, create a username, and set a strong password. This will help protect your account from anyone trying to access it without your permission.
VERIFY YOUR ACCOUNT
After you provide your name, date of birth, country of residence and phone number, you can buy DOGE with crypto currencies like BTC and USDT. If you want to use cash (i.e. USD or EUR), you will need to give our team additional supporting documents verifying your identity. You can learn more about our verification processes by reading about them here
- DEPOSIT CASH
Depending on your location and preferences, you can deposit cash into your Kraken account in several ways. For example, if you’re in Europe, you might use SEPA or SWIFT to deposit funds. Or, if you’re in the U.S., you could link your bank account directly to your Kraken account. The choice is yours!
PURCHASE DOGE
Once your account is funded with cash, you can purchase DOGE. You will also have access to advanced charting tools, 24-hour global client support, and margin trading. All of these features are loved by millions of international traders.
WHERE DO I KEEP MY DOGECOIN?
Even if you don’t mind losing your DOGE, safely storing crypto currency is crucial.
Kraken is one secure option, but many people store their DOGE in a wallet. This software or hardware device stores the public and private keys required to make crypto transactions.
Mobile and web wallets can make transactions easy, while hardware wallets are best suited for secure, long-term storage.
Conclusion:
How to Buy Dogecoin and what is its worth? It is a question that a lot of people are asking. Dogecoin is a type of crypto currency based on the doge meme such as dogecoin exchange, buy Dogecoin, sell Dogecoin, dogecoin price, etc. Buying crypto currency is just one way to get involved in the ecosystem. You can also earn crypto currency through mining. All you need is a computer and some electricity!
We’ve explained different methods of buying dogecoin with steps. I hope this blog will guide you well!
