Dogecoin

How To Buy Dogecoin in 2022

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” You'll probably be wondering how to buy Dogecoin exactly. Here's how to do so, step by step.

Decide on an Amount

Before diving into Dogecoin, make sure you decide on a reasonable amount that you're going to purchase. Experts recommend that you don't invest more than you can afford to lose regarding cryptocurrencies.

Pick a Cryptocurrency Exchange

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.

Choose a Payment Option

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.

Place a Dogecoin Order

Once your money has gone through and is sitting in your account, you can place an order for Dogecoin. You can search for Dogecoin via its name or by typing in its ticker: DOGE.

Consider Storing Your Dogecoin

When you buy Dogecoin, it is typically stored directly on the exchange where you made the purchase. However, some people prefer to keep their coins in a cryptocurrency wallet.

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