7 Ways to Buy Dogecoin instantly (2021 Updated) – Beginner’s Guide

How to Buy Dogecoin (DOGE) – A Beginner’s Guide

By : Ofir Beigel | last updated : 12/12/21
Dogecoin is one of the oldest cryptocurrencies around. While it started out as a joke it cursorily gained a bunch of grip and a firm community. In this post I ’ ll explain a bite about what Dogecoin is and how you can buy it online .

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How to Buy Dogecoin Summary

here ’ s how to buy Dogecoin :

  1. Get a Dogecoin wallet (Ledger, Exodus)
  2. Locate your Dogecoin address
  3. Find a Doge exchange (Binance, Bitpanda)
  4. Buy Dogecoin
  5. Withdraw your Doge

If Binance doesn ’ deoxythymidine monophosphate work out for you, here are some extra buy options :

Binance

Credit/debit card, wire, crypto

Payment methods:

Read summary Visit exchange

Bitpanda

Credit/debit card, SEPA, crypto, SKRILL

Payment methods:

Read summary Visit substitute

eToro

Credit/debit card, PayPal, wire

Payment methods:

Read summary Visit commute

Kraken

Wire, SEPA/SWIFT

Payment methods:

Read summary Visit exchange

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eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU ( by eToro Europe Ltd. ), UK ( eToro UK Ltd. ) & USA ( by eToro USA LLC ) ; which is highly volatile, unregulated in some EU countries and the UK, no EU or UK consumer protections & not supervised by the EU or UK regulative framework. eToro USA LLC ; Investments are capable to market risk, including the loss of principal .
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money .
CFDs are not available to US customers.
That ’ s how to buy Dogecoin in a nutshell. If you want a more detail explanation about Dogecoin and how to buy it keep on reading, here ’ s what I ’ ll covering :

1. What is Dogecoin?

Dogecoin was created in December 2013 by Billy Markus, a programmer from Portland, Oregon. initially introduced as a joke cryptocurrency, Dogecoin ( DOGE ) gained a big on-line take after and is now a identical popular cryptocurrency. It is besides well known for its meme-inspired logo of a Shiba Inu dog .
The original plan was to limit Dogecoin to 100 billion coins. however, it was late decided that there would be a boundless add of Dogecoins .
Dogecoin Nascar One of the greatest strengths of Dogecoin lies in its passionate community, who have done a capital cover of fundraising. notably, supporters raised money to send the Jamaican bobsled team to the Sochi Winter Olympics adenine well as to sponsor NASCAR driver Josh Wise .
Dogecoin is besides used as a form of tiptoe by the community on platforms such as Reddit and Twitter .

2. Buying Dogecoin in 3 simple steps

Step 1 – Get a Dogecoin Wallet

There ’ s no dearth of options when it comes to Dogecoin wallets. There are different types of wallets for you to consider, and each wallet can vary in terms of features, serviceability, and security .
here are the most democratic Doge wallets around :

Ledger

Hardware wallet

Type:

Overall rating:

Read revue Visit web site

Trezor

Hardware wallet

Type:

Overall rating:

Read follow-up Visit web site

Exodus

Web wallet

Type:

Overall rating:

Read review Visit web site

Coinomi

Mobile wallet

Type:

Overall rating:

Read review Visit web site

Dogecoin Hardware Wallets

While being one of the safest wallet types available, a hardware wallet does require an initial investment. For comparison, software wallets are about constantly free. The argue hardware wallets are considered dependable is because they keep the private key to your Doge offline on a physical device .
The Ledger Nano S and the Nano X are identical popular choices which support not only Dogecoin but over 1000 unlike crypto assets, you can read my review about them here. Likewise, the TREZOR One and TREZOR Model T are estimable options as good ( here ’ mho my TREZOR review ) .

Dogecoin Software Wallets

A software wallet will store the private key to your Doge on your device whether it be a mobile call, a background calculator or a laptop. These wallets might be vulnerable to malware, so be certain to take the necessity precautions and only download official or highly recommend wallets .
You can choose a Doge-specific wallet such as MultiDoge. This is a wallet available for Windows, Mac, and Linux. alternatively, you could use a multi-currency wallet such as Exodus or Coinomi. here is my complete Exodus review and you can read my complete Coinomi reappraisal here .
Hardcore Dogecoiners can besides download the full customer for Dogecoin on the official site, however, this is not recommended for beginners ( or if you don ’ triiodothyronine know what a full client is ) .
For Android mobile devices, there ’ s the official Dogecoin Mobile Wallet, which generally has golden reviews from users. unfortunately, there ’ s no such translation for io .

Locate your Doge address

once you have your Dogecoin wallet it ’ south clock to get your Dogecoin address. A Dogecoin address is a long string of letters and numbers that starts with a capital D followed by a total or another capital letter. here ’ s an example :
DBXu2kgc3xtvCUWFcxFE3r9hEYgmuaaCyD

Step 2 -Find a Doge Exchange

surprisingly enough, Dogecoin doesn ’ thymine receive much back when it comes to finding a reputable exchange to purchase it on. only a handful of vet exchanges supply an option for purchasing Doge with Dollars or Euros .
here are the most reputable exchanges that allow you to buy Doge :

Buy Dogecoin through Binance

Binance, is a leading cryptocurrency substitute that supports the buy of over 200 cryptocurrencies. The exchange has been around since 2017, is supported global and allows users to buy Doge with a assortment of traditional currencies and requital methods .
All you need to do is go to the rally ’ s web site, chink on “ Buy Crypto ” on the crown navigation bar and choose your payment method, as shown below. You can read my complete Binance review here .

Buy Dogecoin through Bitpanda

Bitpanda is an austrian exchange that was founded in October 2014. Bitpanda allows residents of the EU ( and a handful of early countries ) to buy Doge and other cryptocurrencies through a diverseness of payment methods ( Neteller, Skrill, SEPA and so forth ). The casual limit for control accounts is €2,500 ( €300,000 monthly ) for credit card purchases. For other payment options, the daily limit is €10,000 ( €300,000 monthly ) .

Buy Dogecoin through Uphold

Uphold is a New York-based platform that offers trade for cryptocurrencies including Dogecoin, commodities, equities and decree currencies. You won ’ thyroxine find any visualize crypto features like lend or staking on Uphold, but you ’ ll be able to easily fund your account with a bank menu or bank deposit and get started right away following verification .
While there are no trade fees on Uphold, there are hide spreads for each trade, so reach certain you know how a lot you ’ re paying before you make any trade on the platform .
You can read our complete Uphold review here .

Buy Dogecoin through eToro

eToro – If you ’ re merely interested in making a profit over Dogecoin ’ second price changes and you ’ re not into actually owning the coins, eToro is credibly the easiest and cheapest option. The company offers a friendly and intuitive UI to help you exchange DOGE for decree currency ( USD, EUR, etc. ) .
due to their relatively complicated withdrawal process, eToro is less recommend for accessing and using the actual coins. indeed, if you ’ re using eToro for investment only you can skip step 1 of getting a Dogecoin wallet, as you won ’ deoxythymidine monophosphate be using the coins you ’ ll buy .
eToro disclaimer: This ad promotes virtual cryptocurrency investing within the EU ( by eToro Europe Ltd. ), UK ( eToro UK Ltd. ) & USA ( by eToro USA LLC ) ; which is highly volatile, unregulated in some EU countries and the UK, no EU or UK consumer protections & not supervised by the EU or UK regulative framework. eToro USA LLC ; Investments are national to market risk, including the loss of principal .
68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money .
CFDs are not available to US customers.

Buy Dogecoin through Kraken

Kraken, Founded in 2011, the US exchange allows you to deposit funds via a credit circuit board or a cable transfer. Users in Europe can benefit from the debauched and free SEPA deposits. once the funds are in your report you can well buy Doge using the “ Buy Crypto ” yellow journalism in the central ’ s top navigation bar .
It ’ mho important to note that Kraken uses the XDG ticker symbol for dogecoin and not the DOGE heart symbol which is widely accepted on most exchanges. You can read my dispatch Kraken review here .
buy doge kraken

Buy Dogecoin through Changelly

Changelly is one of the few places that will allow you to buy Dogecoin with about any currency ( decree or crypto ). Changelly is a conversion service that works relatively quick and doesn ’ deoxythymidine monophosphate want anything more than an electronic mail to sign up. The downside is that it can take up a distribute in fees ( specially if you buy Doge with your recognition card ) .
You can read my Changelly review here .

Buy Dogecoin through Gemini

Gemini is an exchange based in New York, most long-familiar for being founded by the Winklevoss twins. Traders on Gemini can make instant purchases using a bank card, or deposition decree currency using wire transfers or ACH .
To make a purchase, snap “ Dogecoin ” on the splashboard under “ Markets ”, enter the sum that you wish to purchase, then click “ Review Order ” to check the leverage details before finalize .

You can read my complete Gemini review hera .

Buy Dogecoin through Bittrex

Bittrex is a US based cryptocurrency commute that has grown in popularity in recent years. It offers a DOGE/BTC match similar to Kraken. This means that you will need to either buy Bitcoin or deposit Bitcoin in order to exchange it for Doge. You can read my full Bittrex review here .

Buy Dogecoin through Coinbase

*Note : Dogecoin trading is only expected to go survive on Coinbase by July 2021 .
Coinbase is a regulation-friendly US-based cryptocurrency exchange, which has been around since 2012. It is besides one of the only publicly-traded crypto exchanges in America .
Users can buy cryptocurrency on Coinbase easily using a linked credit card or bank account. Simply click the blue “ Buy/Sell ” release at the top of the dashboard, select the command mint in the dropdown menu, and enter the sum that you wish to purchase. You can read my accomplished Coinbase review here .

How to Buy Dogecoin with a Credit Card or Debit card

The easiest way to buy Dogecoin with a citation card would be through Binance ’ randomness “ Buy Crypto ” section. Be aware that purchases with a credit/debit tease normally have higher fees than with a bank transfer, but are besides processed faster. If Binance doesn ’ metric ton shape out you can constantly use Kraken as another reputable option .

How to Buy Dogecoin with PayPal

There are identical few cryptocurrency exchanges that accept PayPal payments. For this argue, there are no options when it comes to buying Dogecoin with PayPal. however, you can use LocalBitcoins, which let you use PayPal to buy Bitcoin. then you can transfer the Bitcoin to Changelly and trade it for Dogecoin .

Additional buying options

A number of smaller cryptocurrency exchanges, Exrates, YoBit, and Livecoin, all have DOGE/USD pairs. LiteBit.eu and Bittylicious and Cryptomate offer brokerage services for Dogecoin via EUR or GBP .
Remember, it ’ sulfur always worth checking out reviews of cryptocurrency exchanges before signing up and buying .

Step 3 –  Withdraw your Dogecoin

It ’ sulfur constantly sensible to store your cryptocurrency in a wallet rather than on an exchange. This reduces the risk of your cryptocurrency being lost or stolen .
so don ’ triiodothyronine forget to withdraw the Doge you ’ ve bought out of the exchange and into your own wallet using the address you got in step 1. If you keep your Dogecoins on the rally, you ’ ve basically given up the control condition of the coins—if the exchange gets hacked or goes bankrupt, you may end up losing them .

3. Frequently Asked Questions

Is Dogecoin on Coinbase?

No, Dogecoin is not listed on Coinbase .

Can I Mine Dogecoin?

Yes you can mine Dogecoin. Like Bitcoin, Dogecoin has a blockchain that ’ s maintained by a mine system. The key difference is that Dogecoin uses Scrypt, a different mine algorithm than Bitcoin ’ s SHA-256. in the first place, the Scrypt algorithm was designed to be ASIC-resistant, however by now ASIC manufacturers found a way around that, so it is alone profitable nowadays to mine Dogecoin with ASIC miners .

How do I Convert Bitcoin to Dogecoin?

You can use Binance or Bitpanda to exchange BTC to Doge.

4. Conclusion

Dogecoin is an establish cryptocurrency that has been around since 2013. It has a passionate community that enjoys fund-raise and using Dogecoin to tip other users on Reddit and Twitter .
While this cryptocurrency doesn ’ t have any meaning advantage over other coins, the adoption it mustered throughout the years makes it seem like it ’ mho here to stay .
Have you used any of the above wallets or exchanges ? What do you think of Dogecoin ? Let me know in the comments below !

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