Dogecoin Investor
How to Buy Dogecoin | Buy DOGE in 4 Steps (October 2024)
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Table Of Contents
Dogecoin is a first-generation cryptocurrency that can be used to transfer value globally in a secure manner. Famously, Dogecoin features the Shiba Inu from popular internet memes. The decision to use this character was brought on by the developer’s desire to keep the project light-hearted. Like Bitcoin and Litecoin, the main purpose of this coin is to allow for peer-to-peer transactions to occur in a censorship-resistant manner.
To learn more, visit Investing in Dogecoin guide.
How to Buy Dogecoin (DOGE) in 4 Steps
The whole process can take as little as 10 minutes, and all you'll need is a smartphone or computer, photo identification, and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Dogecoin (DOGE) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Dogecoin – Use your funds to Buy DOGE.
We list the top 6 exchanges that offer the ability to buy Dogecoin (DOGE) cryptocurrency with a credit card or debit card.
1. Uphold
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies, including Dogecoin (DOGE). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers an extremely intuitive trading experience on both desktop and mobile apps. The trading view is completely customizable with the assets that you trade the most and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. With just a couple of clicks, you can make trades directly from your deposit method without even having to wait for funds to clear your account. This one-step ordering is another innovation from a company that prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherlands residents are prohibited.
Uphold Disclaimer: Terms Apply. Cryptoassets are highly volatile. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.
2. Coinbase
Coinbase (COIN -0.17%), established in 2012, is a leading platform for buying, selling, and managing over 250 cryptocurrencies. As a Nasdaq-listed company, Coinbase offers users transparency and trust. The platform supports advanced trading tools, zero trading fees for Coinbase One members, and rewards programs that allow users to earn up to $400. With $226 billion traded quarterly, Coinbase is a major player in the global crypto market.
Coinbase operates in over 100 countries, including Australia, Canada, France, Germany, the Netherlands, Singapore, the United Kingdom, and the United States (excluding Hawaii). With top-tier security, cold storage, and educational tools, it’s a trusted platform for both beginners and advanced traders. Accessible, secure, and user-friendly, Coinbase is a global leader in crypto management.
3. Kraken
Founded in 2011, Kraken is one of the most trusted names in the cryptocurrency industry. It has over 9,000,000 users and over $207 billion in quarterly trading volume.
From humble beginnings, Kraken now offers over 200 digital assets, including Dogecoin (DOGE). For more sophisticated investors, Kraken also offers futures and margin trading.
Kraken has continued to evolve its platform and commitment to the industry by being one of the first exchanges to offer buying opportunities on new tokens.
Kraken provides trading access in over 190 countries, including Australia, Canada, Europe, and the United States (excluding New York and Washington state).
4. Binance
Binance is one of the world's largest and most well-known cryptocurrency exchanges. The benefits of purchasing Dogecoin (DOGE) here are lower fees than competing exchanges and increased liquidity, enabling you to buy and sell quickly to take advantage of market-moving news.
Use Discount Code: EE59L0QP for 10% cashback on all trading fees.
This exchange is best for investors residing in Australia, Singapore, the UK, and internationally. Canadian and USA residents are prohibited.
5. KuCoin
KuCoin is a well-known name in the industry and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto-to-crypto trading. It now offers a varied range of services, including a P2P exchange capability and purchasing with credit or debit cards.
KuCoin currently offers Dogecoin (DOGE) cryptocurrency trading and over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
USA Residents are Prohibited.
6. Gate.io
Established in 2013, Gate.io has grown into a reputable trading platform. While it is not the most popular exchange, it provides users with an easy-to-use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts many altcoins, including Dogecoin (DOGE), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australian & UK residents.
USA & Canada residents are prohibited.
What is Dogecoin (DOGE)?
Dogecoin or ‘DOGE’, is a cryptocurrency developed and released by software engineers Billy Markus and Jackson Palmer. They launched the token in an effort to create a payment solution that is instant, and free from traditional banking regulations. The token features the face of the Shiba Inu dog from the popular “Doge” meme.
What does it do?
Dogecoin (DOGE) is a popular cryptocurrency with few use cases beyond speculation. It is often traded on exchanges such as Binance. Outside of speculation, it is sometimes used for applications such as social media tipping for users who provide noteworthy content.
The fees for sending Dogecoin back and forth are some of the lowest in the industry, and this is what makes it popular for microtransactions.
How does DogeCoin (DOGE) work?
Dogecoin (DOGE) is a peer-to-peer, open-source digital asset. Its underlying technology is based on Litecoin (LTC), which was one of the first cryptocurrencies released after Bitcoin (BTC).
It should be noted that its unlimited supply defeats many of the benefits of other cryptocurrencies. Dogecoin is an “inflationary coin,” while cryptocurrencies like Bitcoin are deflationary due to the limited supply of tokens. For example, Bitcoin (BTC) has a maximum of 21 million tokens, while Litecoin (LTC), has a maximum supply of 84 million tokens.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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