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Dogecoin Investor

How to Buy Dogecoin (DOGE)

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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.

We list the top 7 exchanges that offer the ability to buy Dogecoin (DOGE) cryptocurrency with a credit card or debit card.

Uphold

Uphold is a commission-free desktop and mobile trading platform that gives you access to, and the opportunity to trade Dogecoin (DOGE) and dozens of other cryptocurrencies. They have been in operation since 2014 and now boast a very credible reputation with more than 1.5 million users worldwide.

One of the most unique features offered by the company is that you can trade directly across asset classes. This vastly improves efficiency and allows for you to avoid any unnecessary conversion fees. So, if you want to trade Bitcoin for gold, or vice versa, Uphold is the place you can do that.

The services spread on Dogecoin (DOGE) and other cryptocurrency ranges from 0.8% to 1.2% depending on the asset. This is the only fee you will have to think about though with Uphold being completely transparent and charging no commission.

UK & European residents are prohibited.

For the full lowdown, see our Uphold review or visit Uphold to get started now.

Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.

Binance

Binance is one of the largest and most well-known cryptocurrency exchanges in the world. The benefits of purchasing Dogecoin here is that you benefit from the lower exchange fees than competing exchanges, and the increased liquidity enables you to buy and sell quickly to take advantage of market moving news.

This exchange is best for Australia, Canada, Singapore, UK & international users. USA residents are prohibited from buying most tokens.

Read our Binance Review or visit Binance.

Use Discount Code: EE59L0QP for 10% cashback off all trading fees.

Coinbase

Coinbase is a publicly traded crypto exchange listed on the NASDAQ.  It is one of the most widely used exchanges in the United States and accepts clients from 100+ countries including Australia, Canada, Singapore, and the UK.

Over 460 billion dollars in volume has been traded by over 70 million users at Coinbase. Security is a paramount feature with 98% of customer funds being stored in secure offline storage. The platform is simple to use and is available on desktop, Android, and iOS, offering trading opportunities in over 140 cryptocurrencies including Dogecoin (DOGE).

This exchange currently accepts USA residents excluding Hawaii.

Read our Coinbase Review or visit Coinbase.

Gate.io

Established in 2013, Gate.io has grown in to 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 a large number of 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 USA residents excluding New York and Washington State.

Read our Gate.io Review or visit Gate.io

KuCoin

KuCoin is a well-known name in the industry, and one of the most competitive in the sector when it comes to fees and trading costs. The exchange has grown exponentially from the early days of offering only crypto to crypto trading and they now offer a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.

They currently offer Dogecoin (DOGE) cryptocurrency trading as well as over 300 other popular tokens. They are often the first to offer buying opportunities for new tokens.

This exchange currently accepts USA residents.

Read our KuCoin Review or visit KuCoin.

Kraken

Kraken is one of the longstanding names when it comes to cryptocurrency exchanges operating in the industry.

From humble beginnings, they have now gone on to become one of the most recognizable names in the space offering an extensive selection of assets to trade including DOGE.

The trading costs are competitive with other exchanges and they have continued to evolve now offering both futures and margin trading.

This exchange currently currently accepts USA residents.

Read our Kraken Review or visit Kraken.

WazirX (INDIA Only)

WazirX is India’s biggest cryptocurrency exchange with over 400,000 users and they are expanding rapidly. They are one of the most reputable exchanges that currently offers Dogecoin (DOGE) trading opportunities and they currently accept clients from all over the world. This exchange is part of the Binance Group, which ensures a high standard of quality.

USA residents are prohibited.

Read our WazirX review or visit WazirX

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. It’s underlying technology is based on Litecoin (LTC) one of the first cryptocurrencies that was 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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