2021 was the year of cryptocurrency, however, there’s one coin that has shocked the world: Dogecoin.

TIM THOMAS TIM THOMAS Read more

Dogecoin rose more than 7,000% in the first half of 2021 and has garnered the support of big names in the investing / leadership space, including Elon Musk and Mark Cuban. Initially, nothing more than a virtual meme currency, Dogecoin has attracted the attention of Gen Zs, Millenials, and celebrities alike, propelling it onto the mainstream crypto market

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With so much movement and chatter about Dogecoin, it’s completely understandable to want to keep up with the Joneses and know how to buy Dogecoin.This story will run through everything you need to know before buying Dogecoin and give you the steps to buy Dogecoin. Ready to learn more about this Shiba Inu-inspired coin? Let’s get right into it.

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When it comes to currencies like Dogecoin, it’s essential to understand the basics before diving right in. Dogecoin is a cryptocurrency created in 2013 by software engineers Billy Markus and Jackson Palmer as a joke. They decided to name the coin after a popular meme of “doge” (featuring a Shiba Inu dog).

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With its solid performance in 2021 (and lots of media hype), Dogecoin may seem like a desirable option for investors. That being said, it’s important to remember that to invest in Dogecoin is the same as investing in any other vehicle: you need to do your research and set up realistic expectations.

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So you’ve done your research and decided that you want to purchase Dogecoin, whether to enter the digital coin market or acquire some virtual money or add to your coin wallet and earn some interest. You’ll probably be wondering how to buy Dogecoin exactly. Here’s how to do so, step by step.

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Before diving into Dogecoin, make sure you decide on a reasonable amount that you’re going to purchase.

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To buy Dogecoin, you’ll need to open an account on a cryptocurrency exchange. This exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies. Some popular exchanges include Coinbase, Binance, and Kraken.

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Before buying any crypto-currency or making trades, you’ll need to deposit some money in your account. Most exchanges will let you deposit money directly from a chequing or savings account. Some will accept wire transfers or PayPal transfers.

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Swipe up to read the rest of the steps how on to buy Dogecoin

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2021 was the year of cryptocurrency, however, there’s one coin that has shocked the world: Dogecoin.

What is Dogecoin?

Should You Even Buy Dogecoin?

So you’ve done your research and decided that you want to purchase Dogecoin, whether to enter the digital coin market or acquire some virtual money or add to your coin wallet and earn some interest. You’ll probably be wondering how to buy Dogecoin exactly. Here’s how to do so, step by step.

How To Buy Dogecoin: Step by Step

Before diving into Dogecoin, make sure you decide on a reasonable amount that you’re going to purchase.

Decide on an Amount

To buy Dogecoin, you’ll need to open an account on a cryptocurrency exchange. This exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies. Some popular exchanges include Coinbase, Binance, and Kraken.

Pick a Cryptocurrency Exchange

Before buying any crypto-currency or making trades, you’ll need to deposit some money in your account. Most exchanges will let you deposit money directly from a chequing or savings account. Some will accept wire transfers or PayPal transfers.

Choose a Payment Option

Swipe up to read the rest of the steps how on to buy Dogecoin

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