How to buy Dogecoin? A beginners guide to investing in DOGE

How to buy Dogecoin? A beginners guide to investing in DOGE

Yes, investors can trade and transact Dogecoin on decentralized exchanges. The Ren Project enabled DOGE to be compatible with the ETH blockchain and access the DEX network. Dogecoin can continue to thrive in the emerging decentralized environment in the crypto world. When we went through all major crypto exchanges and placed them against these benchmarks, eToro stood out as the top option to buy and sell Dogecoin. Let’s now focus on your first purchase and joining the Dogecoin community. But we do have to make money to pay our team and keep this website running!

Our website and marketing collateral use reference rates as an indicator only and should not be used for decision making. Content may not always be entirely accurate, complete or current. Once you sign up, you can buy Doge in seconds with low fees at the best current price and store it in your free crypto wallet. BanklessTimes does not offer advisory or brokerage services, nor does it provide individualized recommendations or personalized investment advice. Investment decisions should be based on an evaluation of your own personal financial situation, needs, risk tolerance and investment objectives. Shiba Inu, an ERC-20 token, was one of the cheapest meme coins that offered users a high return on investment .

How to trade Dogecoin summed up

Dogecoin also isn’t really growing or developing, which is part of the reason the price rises so erratically. So, if you do buy Dogecoin right now, you could have to wait a while to make your money back. Your best bet here is to use Binance as it offers up to 100x leverage. But, if you don’t want to play a risky gamble, then Dogecoin likely isn’t for you. That being said, it’s never a bad idea to stick a small chunk of money behind the Doge.

Various international online platforms accept Dogecoin for selling products and services. Buy Dogecoin with BuyUcoin in less than 10 minutes and kickstart your crypto portfolio. Check DOGE to INR price, choose one of the payment methods and buy Dogecoin at the best rates. Coinbase Pro, on the other hand, uses a maker-taker fee structure. When you take liquidity from an exchange, you are a taker, and when you provide an exchange with liquidity, you are a maker. Because exchanges value liquidity, maker fees are sometimes lower than taker fees, but this is not always the case.

Buy Dogecoin DOGE with Credit or Debit Card Online Instantly

74% of retail client accounts lose money when trading CFDs, with this investment provider. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how this product works, and whether you can afford to take the high risk of losing your money. This information has been prepared by IG, a trading name of IG Markets Limited.

  • Transferring it to a Dogecoin wallet is recommended so that you, and not the exchange, have complete control of your coins.
  • We provide quick crypto purchases to more than 2.6 million users every month.
  • You can swap any cryptocurrency you already own for DOGE using the "swap" or "convert" service on some platforms.
  • At its heart, Dogecoin is the accidental crypto movement that makes people smile!
  • Your purchased cryptocurrency will arrive in your crypto wallet soon.

The minimum money you can spend on Dogecoin investing on eToro is 10 USD. Click on Open Trade, and the funds will arrive in your digital wallet. For more information and a complete list of our advertising partners, please check out our full Advertising Disclosure. strives to keep its information accurate and up to date. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product’s website. All products and services are presented without warranty.

Buying Real Dogecoin to Keep

BPay is an intuitive, secure, and instant way to purchase cryptocurrency. Whether you want to buy a little or a lot, BPay makes it easy to schedule regular payments and make everyday crypto purchases. With a convenient iDEAL payment service, you can have your Bitcoins or Ethereum bought in no time! Payments with iDEAL are made using the mobile banking app or your own online banking system.

  • It is up to you whether you make an investment, but we can provide some information about Dogecoin and its potential.
  • Sending any other digital assets may result in the assets being lost or destroyed.
  • Most of such dog name coins have spurged after Dogecoin hit nearly $1.
  • Based on the technical Dogecoin analysis & evaluation, the current market rank of DOGE is #8, while the coin’s market cap is $9,839,101,912.30 USD.
  • On Changelly’s network, the minimum amount for crypto transactions starts at $20 with most providers.

For UK customers, eToro offers an eToro Money app which allows you to convert your GBP to USD free of charge, thereby reducing your foreign exchange costs. The app also functions as a wallet for storing your crypto holdings and allows for easy transfer of your cryptocurrency from one exchange or wallet to another. In addition to cryptocurrencies, eToro offers other products, including 0% commission stocks. Buying Dogecoin with a credit or debit card is possible on Ledger Live from our partner Coinify.

However, if Musk remains true to his word and takes Dogecoin to the moon, Dogecoin’s price could also go to the moon. This is a scary prospect as 1 selloff could crash the price to a point of no return. Dogecoin has blown everyone’s minds with its recent price gains. If you want to have a bit of fun and join in with the Doge love, Dogecoin is an exciting option. Dogecoin was never meant to be anything more than a poke at the crypto world.

How do you buy Dogecoin for beginners?

  1. Get a Dogecoin wallet (Ledger, Exodus)
  2. Locate your Dogecoin address.
  3. Find a Doge exchange (Binance, Bitpanda)
  4. Buy Dogecoin.
  5. Withdraw your Doge.

With Changelly, you can use a Visa or a Mastercard credit card issued in your local currency. However, we also accept additional payment methods, such as credit cards and bank transfers. Because of Dogecoin’s lighthearted founding and enthusiastic community, many find it as an accessible way to enter into the world of cryptocurrency.

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