While similar in some ways, Dogecoin is still not taken as seriously in the crypto realm as its leading counterpart

Important to note, before I show you how to buy and sell Dogecoin, this is not a recommendation to do so and is for educational purposes only. Trade/invest at your own risk. In full disclosure, I do own Dogecoin personally.

How do I buy/sell Dogecoin?

Here’s the step-by-step (made-easy) version of how to buy and sell Dogecoin without having to pay commissions.

  1. Open a Broker that trades Dogecoin, like Webull Follow the instructions on setup.

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Simple User Experience

Some crypto exchanges require fairly in-depth knowledge to use. Look for a platform with a simple user experience and clear information about what you’re doing and how best to do it. Buying and trading is already complicated enough.

For a platform that checks all of the boxes to securely buy, sell, or trade Dogecoin and over 120 other cryptocurrencies with low trading fees, get started today at Binance.US.

Download the Binance.US app to trade on the go:iOS|Android

Legal disclaimer: This material has been prepared for general informational purposes only and should NOT be: (1) considered an individualized recommendation or advice; and (2) relied upon for any investment activities.

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What is Dogecoin and How Do I Buy It?

Want to Buy Dogecoin– but wanting to learn exactly what it is first and why it exploded? You may have heard or seen traders talk about this meme based crypto and wondered what it was– and how you can potentially profit by being an owner. Here’s how in 5 Easy Steps.

So what is Dogecoin?

Rather than slam you with too many details, here’s the short version.

Whatever Dogecoin’s future is, it has made monster gains over the last while and has become more and more widely available to trade.

DOGECOIN is a joke currency that has become an increasingly popular crypto for traders looking to “not miss out on another digital currency supernova” like Bitcoin at its beginnings.

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That means you can amass a very large number of coins with relatively little money.

On the other side, Dogecoin can be volatile. The same large supply that makes its price per coin reasonable also means it may lose value over time due to inflationary pressures. As with fiat currencies, higher amounts of cryptocurrencies in circulation may have an impact its value.

Choosing the Right Crypto Platform

As we’ve seen, the actual steps to buy, sell, and trade Dogecoin are fairly straightforward.
But so much depends on choosing the right platform. In addition to choosing the right platform for you, based on features you need today, you’ll want to be sure the platform can meet your future crypto needs, too.

Here are a few things to think about before choosing a platform.

Fees

Make sure the platform’s fees are stated clearly and are reasonable.

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Fortunately, there are relatively simple ways to store your Dogecoin.

Centralized platforms can hold on to it for you. Or if you prefer total control of your crypto, you can transfer it to a crypto wallet of your choice.

How to Sell or Trade Dogecoin

The most straightforward way to sell or trade Dogecoin is via an exchange. You can sell your Dogecoin on the same platform you used to buy it.

Direct trading with other individuals is also offered by decentralized peer-to-peer platforms, where all transactions are between individuals.

Another way to sell or trade Dogecoin is by using it online.

Some stores and companies will accept Dogecoin for goods or services.

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To determine if buying Dogecoin is right for you, answer these four simple questions.

Why Do You Like Doge?

Whether Coinbase Pro is offering support for Doge or not, you need to know your reasons for liking Doge. Do you like it because it’s hot right now?

If yes, then that’s not a good reason to get Dogecoin whether you use Coinbase or not. You don’t know what will happen in the future and you have to do a lot of research to make money with crypto.

What About Other Crypto?

Data suggests that Dogecoin is volatile when it comes to trading.
Established digital currencies are less volatile, but still experience large value fluctuations.

The point is, Bitcoin has limited supply going for it. Ethereum has smart contracts.

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All information is provided on an as-is basis and is subject to change without notice, we make no representation or warranty of any kind, express or implied, regarding the accuracy, validity, reliability, availability or completeness of any such information.Binance.USdoes NOT provide investment, legal, or tax advice in any manner or form. The ownership of any investment decision(s) exclusively vests with you after analyzing all possible risk factors and by exercising your own independent discretion.Binance.USshall not be liable for any consequences thereof.

Risk warning: Buying, selling, and holding cryptocurrencies are activities that are subject to high market risk.

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It is often the first to offer buying opportunities for new tokens.

This exchange currently accepts USA residents.

Read our KuCoin Review or visit KuCoin.

Nexo

Nexois a cryptocurrency platform and service which describes itself as one of the worlds leading digital asset institutions offering an all-in-one solution to buying, borrowing, and managing cryptocurrencies.

The company has been around since 2017 and now operates in over 200 jurisdictions providing service to more than 4 million users around the world while providing a wide range of innovative features to traders.

Overall, the company has a strong reputation for providing a top-tier service that operates with a high level of accountability and works to ensure user assets are kept as safe as possible.

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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.

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The total trade volume of Dogecoin in last 24 hour is around 128947904.7211 USD. You can select some of above exchanges to buy Dogecoin (DOGE) with USD, INR, CAD, EUR, GBP, RUB, etc. Also, you can use the same exchanges to trade Dogecoin (DOGE) against cryptocurrencies like BTC, ETH, LTC, ETC, XMR, USDT, BNB, etc.

How to buy Dogecoin (DOGE) from above-listed exchanges?

Step 1: Click on Buy Dogecoin (DOGE) from Exchange button.Step 2: You will be redirected to the exchange.Step 3: Sign up if you do not have an account with that exchange else log in.Step 4: See if the exchange support fiat currency or cryptocurrency or both.Step 5: Deposit the currency it supports and buy the currency you want.

Note: If you are going to buy from Shapeshift or Changelly you do not have to create an account.

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The short answer is: yes, a subscription to Coinbase Pro will allow you to buy Dogecoin on Coinbase, the crypto exchange. The currency isn’t available on Coinbase.com or their mobile apps, but it is available on the pro version of Coinbase. Of course, the company can change that later if the price is right and a million investors in the market begin to support it.

If you’ve been following Dogecoin, Doge trading with Coinbase Pro is probably something you’ve been looking forward to.

With that said, there are a couple of things you should know before you get your Doge trading underway.

Important Things To Know When You Want To Use Coinbase Pro To Buy Dogecoin

The first thing you should know is that this cryptocurrency is only available to trade with a Coinbase Pro account.

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