Dogecoin (DOGE) has become one of the most popular cryptocurrencies in the crypto space. The project started as a joke, but is now more popular than ever and is in high demand among crypto enthusiasts and potential investors. With that in mind, here are three of the most popular exchanges where you can buy Dogecoin.
Binance is a safe and secure cryptocurrency exchange to buy Dogecoin. Binance requires that you sign up and verify your account before you can buy DOGE or any other cryptocurrency; The process only takes a few minutes. When you have completed the registration process, click on the Buy Crypto tab at the top left of the Binance website; From there, you may not see the available payment options.
After choosing your preferred payment option, proceed to fill the form, which requires you to mention the currency you want to transact with and the currency you want to buy; In this case, Doge.
Coinbase is a beginner-friendly platform for buying and selling cryptocurrencies. To buy Dogecoin on Coinbase, you need to create a Coinbase account and then go through a verification process. After that click on the payment method option and connect the payment method. You can use a bank account debit card or wire transfer.
Find the Buy and Sell option, then search for Dogecoin or click the search icon to find it. After clicking on Dogecoin, on the next page you will see the buy and sell options. Click Buy, and then use the number pad to input the amount you want to buy in your fiat currency. The platform will automatically convert the amount into its Dogecoin equivalent.
After entering the required information, you can click on Preview and Buy. This is where you double check that you have entered the correct information. After cross-checking, confirm the process by clicking Buy Now. You will receive a confirmation message once the order has been processed.
Like the first two exchanges, you need to open an account and verify your identity in order to buy Dogecoin on Kraken. Kraken allows you to buy DOGE using cryptocurrencies and fiat currencies. However, using fiat currencies requires that you provide additional documents to verify your identity.
To fund with fiat currency, navigate to the Funding tab; Find the currency you want to deposit and click on it. You can then deposit funds into your Kraken account. Fiat payment options include MasterCard debit and credit cards, digital wallet purchases, and ACH online banking. Supported fiat currencies include USD, EUR, CAD, AUD, GBP, CHF, JPY, and AED.
In order to deposit cryptocurrency into your Kraken account, you must first verify your account at least to the initial level. You can then choose to pay with cryptocurrencies and networks supported by Kraken.
Dogecoin continues to grow
Despite its origins as a joke, DOGE is now one of those crypto projects that can be considered on the rise. It has built a strong reputation for being the first and largest meme coin, which gives it an edge over its competitors and other similar cryptocurrencies.
Meme Coin has also grown in market capitalization and adoption, with its users being both private individuals and large corporations. Furthermore, the DOGE community also numbers in the millions and includes some big and notable names. These, among other factors, are reasons why Dogecoin can be viewed as one of the cryptocurrencies with long-term potential and could be a useful long-term investment.
Everyone loves free things, especially those that have the potential to appreciate, for example, cryptocurrencies. Free cryptocurrency can give you an entry into the crypto market or even be a way for you to expand your portfolio. Getting free cryptocurrency is never a bad idea, regardless of the benefits it may provide.
There are many ways to get free cryptocurrency, and here’s how you do it.
What are free cryptocurrencies?
Buying cryptos for yourself is a common thing that people do; However, this is not the only way to own crypto. Many crypto platforms have ways of giving away crypto for free. However, they are not exactly “free”, as they are often incentives to perform certain actions, which often revolve around marketing.