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How To Buy Dogecoin

Dogecoin is one of the most popular digital currency which is accepted by a number of online retailers. Dogecoin was started as a meme of cryptocurrencies by Billy Markus and Jackson Palmer in 2013. At its starting time no one is interested in Dogecoin but now it has about $42 billion of market cap.

Dogecoin is one of the most popular digital currency which is accepted by a number of online retailers. Dogecoin was started as a meme of cryptocurrencies by Billy Markus and Jackson Palmer in 2013. At its starting time no one is interested in Dogecoin but now it has about $42 billion of market cap. You can transfer Dogecoin from one place to another within seconds which makes it more reliable than others. 

Dogecoin popularity

Dogecoin was started by IBM engineers in 2013. Initially this coin was created to make fun of digital currencies. However soon it became popular and grew much larger. Elon Musk was voted on twitter to become CEO of  Dogecoin in 2019. However this twitter poll was ended without any conclusion but Musk continuously tweeted about Dogecoin. On ever Musk’s tweet Dogecoin price goes up and up. 

How to Buy Dogecoin

Buying Dogecoin is very easy and simple these days. There are a number of exchanges and investors from which you can buy Dogecoin. Here we are going to discuss some of these exchanges and online platforms for buying and selling Dogecoin.

1- Binance Exchange

Binance is the most popular online crypto exchange where you can buy and sell your digital coins easily. Binance allows you to trade up to 150 digital currencies.You can buy Dogecoin directly with your bank card or also exchange your other digital currencies with dogecoin.  

2- BC Bitcoin (Broker)

BC Bitcoin is a well known broker in the crypto world. BC Bitcoin allows you to buy and sell Dogecoin as well as other digital currencies. BC Bitcoin charges you a minimum 5% of fee on every sale and purchase.

3- Bitpanda(Broker)

Bitpanda is also a popular digital broker for buying and selling crypto currencies. Bitpanda has also a pro account which offers many more services such as automated trading bots. Bitpanda fee depends on your trade volume of digital coins.

4- Kriptomat

You can also purchase Dogecoin from Kriptomat. Kriptomat is an easier solution for beginners who want to invest in crypto currencies. Kriptomat is a European Government regulated crypto exchange which offers buying, storing, and selling of cryptocurrencies.

5- More Options

We have discussed the most popular options to buy dogecoin but this is not the limit. There are a number of online traders and brokers offering Dogecoin. You can buy this coin from them also.

Conclusion

Dogecoin is the best alternative to bitcoin for small investors. However this is not a short term investment you need to invest for a long time to get handsome profit.


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