When deciding which exchange to use, it’s important to check if the exchange accepts customers from your country. In addition, some exchanges are more suitable for users that want to buy and hold, while others cater to active crypto traders. It’s also important to check if the exchange offers all the trading features you might need.
- Its articles, interactive tools and other content are provided to you for free, as self-help tools and for informational purposes only.
- P2P is especially useful in regions where regulations restrict centralized exchanges.
- The steps outlined here are more or less the same across all platforms, albeit with some small variations here and there.
- On the exchange, search for “DOGE.” Decide whether you want to place a market order (instant) or a limit order (set your own price).
Buy Dogecoin with a Credit Card
NerdWallet does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific investment issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance. The developers of Dogecoin haven’t made any major changes to the coin since 2015. This means that Dogecoin could get left behind and is why Shibas are leaving Dogecoin to join more advanced platforms like Ethereum.
Alternative Ways To Buy Dogecoin
Complete the KYC process by uploading a government ID and proof of residence. This step usually takes a few minutes to a few hours, depending on the platform. Follow these steps to go from zero to your first DOGE with minimal friction. With the basics understood, the next decision is where to execute your first purchase. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.
If you are a fan of meme coins, you might be keen to buy Dogecoin. Despite being a tad light on utility, Dogecoin (DOGE) has made a mark for itself in the crypto space, consistently ranking as one of the top 10 assets by market cap. Here is a guide on how to buy Dogecoin and everything else you need to know. One of the main benefits of centralized exchanges is their high level of security. CEXs typically have strong security measures in place to protect user funds.
How Can I Earn With Dogecoin?
Along with his strong finance and accounting background from ACCA affiliation, he has honed the art of storytelling and industry knowledge at the intersection of fintech. This section frames DOGE in market terms, so you enter with realistic expectations. On the exchange, search for “DOGE.” Decide whether you want to place a market order (instant) or a limit order (set your own price). Buying DOGE through regulated exchanges almost always requires Know Your Customer (KYC) verification. This means providing government-issued identification and proof of address. What truly catapulted DOGE into the mainstream, however, was the influence of celebrities.
Where can I buy dogecoin?
Its abbreviation is DOGE and you may find it with a listing of several trading pairs including DOGE/USD, DOGE/EUR, DOGE/BTC, and DOGE/USDT. While exchanges may give wallets to hold your cryptocurrency in, it’s wise to use a dedicated crypto wallet as an added layer of security. P2P is especially useful in regions where regulations restrict centralized exchanges. For example, traders in certain countries with capital controls rely heavily on P2P options to bypass restrictions and gain access to DOGE.
KEY TAKEAWAYS➤ Dogecoin is a popular meme coin with fast transactions. Some cryptocurrency exchanges and wallets allow users to earn rewards by staking their Dogecoin, which involves holding their coins in a wallet and using them to help validate transactions on the network. This can be a passive way to earn rewards, but it may require a minimum balance and may be subject to fees or other restrictions. Therefore, ensure you do your due diligence before adding this meme coin to your portfolio. Some popular platforms for buying Dogecoin include KuCoin, Binance, CoinEx, Kraken, OKX, Bybit, Gate, and MEXC.
The exchange platform (i.e. Kraken) acts as a middleman – it connects you (your offer or request) with that other person (the seller or the buyer). With a brokerage, however, there is no “other person” – you come and exchange your crypto coins or fiat money with the platform in question, without the interference of any third party. When considering cryptocurrency exchange rankings, though, both of these types of businesses (exchanges and brokerages) are usually just thrown under the umbrella term – exchange. Whether or not the cryptocurrency exchange accepts payments via debit or credit card. NFTevening is an award-nominated media outlet that covers NFTs and the cryptocurrency industry. Before making any high-risk investments in cryptocurrency or digital assets, investors should conduct thorough research.
Hybrid Approach
At the time I’m writing this article, there is more than 128 billion DOGE and maybe in the end, you’ll buy Dogecoin. Another difference is that there is no ultimate limit on how many Dogecoins will be created. Also, please make sure to purchase Dogecoin on only the most reliable and trustworthy exchanges out there! Today, we’ll be looking at one of the more unique cryptocurrencies around – Dogecoin and finding out where and how to buy Dogecoin. Combined with broader positive trends in the cryptocurrency market, these factors have contributed to the recent surge in DOGE’s value.
For users who already trust PayPal for online payments, the convenience of buying DOGE within the same app is a major draw. While Revolut allows you to hold and sell DOGE within How to buy dodgecoin the app, external withdrawals are limited. This means users don’t have full control over their private keys unless they transfer them to approved wallets later.
- With CoinCodex, you can easily monitor your Dogecoin investment using a suite of crypto tools designed to make investing accessible and efficient.
- Cold wallets are particularly recommended if you’re holding large amounts of DOGE or if you intend to store your investment for years.
- In addition, you should be mindful of your investment approach, crypto storage, and other aspects of buying and trading Dogecoin.
Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions. Dogecoin, like virtually any other cryptocurrency, can be bought in less than a full unit, meaning that you can buy just a couple of dollars worth of Dogecoin. Typically, the lowest amount of Dogecoin you can buy on an exchange is limited to $10. When placing a market order, the investor does not specify a price, and the order is executed at the best available price at the time it is placed. Market orders are generally executed quickly, as they are considered a high-priority order type.
What Can You Do With Your Dogecoin?
It’s important to do research and compare fees, security features, and supported currencies before choosing an exchange, as there are considerable differences between each one. In addition, you should be mindful of your investment approach, crypto storage, and other aspects of buying and trading Dogecoin. In layman’s terms, a cryptocurrency exchange is a place where you meet and exchange cryptocurrencies with another person.
You can also transfer cryptocurrency between exchanges, which can be beneficial if you’re looking for additional features or a more competitive fee structure. The process of transferring crypto between Binance and Kucoin, or any other combination of exchanges, is very straightforward. You can add Dogecoin and any of the more than 20,000 crypto assets tracked by CoinCodex to your crypto portfolio, where you can track the performance of all your cryptocurrencies in one place. The crypto portfolio is available on desktop platforms as well as on iOS and Android. Ledger is one of the most secure crypto hardware wallets for storing cryptocurrencies.
Decide how to pay for Dogecoin
Prices are easily manipulated by market trends, celebrity endorsements, and social media buzz. Mining Dogecoin can still be profitable in 2025 if using efficient Scrypt ASIC miners, low electricity rates, and merged mining with Litecoin. Cold wallets, by contrast, keep your coins offline, away from hackers. Hardware wallets like the Ledger Nano X or Trezor Model T are the most common examples. Once your DOGE is stored on such a device, it can only be accessed physically with the hardware in your possession.
