How to Buy Dogecoin (DOGE): A Step-by-Step Guide

Introduction

When buying Dogecoin, there are a few things to think about, like picking an exchange to buy it from and the method of transaction. Luckily, we’ve put together a list of trustworthy exchanges to assist you with the process.

Step-by-step guide

1. Choose an Exchange
Research and select a cryptocurrency exchange that operates in your country and supports Dogecoin trading. Consider factors such as fees, security, and user reviews.
Platform Coin Price
Nexo Dogecoin (DOGE) 0.17
PrimeXBT Dogecoin (DOGE) 0.17
Uphold Dogecoin (DOGE) 0.17
EarnPark Dogecoin (DOGE) 0.17
YouHodler Dogecoin (DOGE) 0.17
Kraken Dogecoin (DOGE) 0.17
See all 67 prices
2. Create an Account
Register on the exchange's website or mobile app, providing personal information and identity verification documents.
Platform Coin Price
Nexo Dogecoin (DOGE) 0.17
PrimeXBT Dogecoin (DOGE) 0.17
Uphold Dogecoin (DOGE) 0.17
EarnPark Dogecoin (DOGE) 0.17
YouHodler Dogecoin (DOGE) 0.17
Kraken Dogecoin (DOGE) 0.17
See all 67 prices
3. Fund Your Account
Move funds to your exchange account using supported payment methods such as EFT, credit card, or debit card.
4. Navigate to the Dogecoin Market
Once your account is funded, search for "Dogecoin" (DOGE) in the exchange’s marketplace.
5. Select a Transaction Amount
Type in the amount of Dogecoin you want to buy.
6. Confirm Purchase
Preview the Transaction Details and Confirm Your Purchase by clicking the "Buy DOGE" or equivalent button.
7. Complete Transaction
Your Dogecoin purchase will be processed and deposited into your exchange wallet in just a few minutes.
8. Transfer to a Hardware Wallet
It’s always best to keep your crypto in a hardware wallet for security reasons. We always recommend Wirex or Trezor.

Platform	Coin	Price
Nexo	Dogecoin (DOGE)	0.17
PrimeXBT	Dogecoin (DOGE)	0.17
Uphold	Dogecoin (DOGE)	0.17
EarnPark	Dogecoin (DOGE)	0.17
YouHodler	Dogecoin (DOGE)	0.17
Kraken	Dogecoin (DOGE)	0.17

Platform	Coin	Price
Nexo	Dogecoin (DOGE)	0.17
PrimeXBT	Dogecoin (DOGE)	0.17
Uphold	Dogecoin (DOGE)	0.17
EarnPark	Dogecoin (DOGE)	0.17
YouHodler	Dogecoin (DOGE)	0.17
Kraken	Dogecoin (DOGE)	0.17

What to be Aware of

When buying Dogecoin, it’s important to choose a reputable exchange that is easy to use and has reasonable fees. Once you’ve done this, always transfer your crypto to a hardware wallet. That way, no matter what happens to that exchange, your crypto is safe.

Latest Movements

Dogecoin (DOGE) is presently priced at US$0.4 with a 24-hour trading volume of US$3.61B. In the past 24 hours, Dogecoin has experienced a decrease of -2.77%. The market cap of Dogecoin stands at US$48.25B, with 147.55B DOGE in circulation. For those interested in buying or trading Dogecoin, Nexo offers ways to do so safely and efficiently

Market cap: US$48.25B
24h trading volume: US$3.61B
Circulating supply: 147.55B DOGE

See the latest information

Frequently Asked Questions About Buying Dogecoin (DOGE)

What is Dogecoin (DOGE), and when was it created?: Dogecoin (DOGE) is a cryptocurrency that began as a meme in December 2013, featuring the Shiba Inu dog from the popular Doge meme. It was created by software engineers Billy Markus and Jackson Palmer as a fun and lighthearted alternative to Bitcoin. Dogecoin utilizes the Scrypt hashing algorithm and has a block time of one minute, allowing for faster transactions. Despite its origins, Dogecoin has gained a significant following and is often used for tipping and charitable donations within the cryptocurrency community.
How does Dogecoin differ from Bitcoin?: Dogecoin differs from Bitcoin in several key aspects. Firstly, Dogecoin has a much shorter block time of one minute compared to Bitcoin's ten minutes, allowing for faster transaction confirmations. Additionally, Dogecoin uses the Scrypt hashing algorithm, while Bitcoin employs SHA-256. Unlike Bitcoin, which has a capped supply of 21 million coins, Dogecoin has no maximum supply, leading to continuous inflation. This makes Dogecoin more accessible for microtransactions and tipping within the cryptocurrency community.
What are the primary uses of Dogecoin (DOGE)?: Dogecoin (DOGE) is primarily used for tipping content creators on social media platforms and websites, allowing users to reward others for valuable contributions. Its low transaction fees and fast processing times make it ideal for microtransactions. Additionally, Dogecoin has been utilized in charitable fundraising efforts, with the community often organizing campaigns to support various causes. Its vibrant community and meme-based culture also contribute to its use as a fun and engaging currency within the cryptocurrency space.
How can I purchase Dogecoin (DOGE)?: You can buy Dogecoin (DOGE) through various cryptocurrency exchanges that support the coin. To purchase DOGE, you must first create an account on an exchange, complete any required identity verification, and deposit funds, typically in fiat currencies like USD or other cryptocurrencies. Once your account is funded, you can place a buy order for Dogecoin at your desired price. After the purchase, you can store your DOGE in a secure wallet, such as a hardware wallet or a software wallet, for safekeeping.
What is the significance of the Doge meme in Dogecoin branding?: The Doge meme, featuring a Shiba Inu dog with humorous captions in Comic Sans font, is central to Dogecoin's branding and identity. Created in 2013, it reflects the cryptocurrency's lighthearted and community-oriented nature. The meme's popularity helped Dogecoin gain traction, attracting a diverse user base that appreciates its fun and approachable image. This unique branding sets Dogecoin apart from other cryptocurrencies, fostering a sense of community and engagement that has played a significant role in its growth and cultural relevance.