A common question often seen on social media from crypto beginners is “Where can I buy Dogecoin?” Well, you’ll be glad to know that it’s actually a pretty simple and straightforward process. Thanks to its huge popularity, you can now buy Dogecoin on most cryptocurrency exchanges including Coinbase y Binance in 3 easy steps.
STEP 1: FUND YOUR ACCOUNT
Many cryptocurrency exchanges will allow you to buy Doge coin (DOGE) with fiat currencies, such as Euro, Dollar, AUD, and others. In addition, they will also provide you with multiple deposit methods through which you can fund your fiat accounts, such as credit and debit cards, e-wallets, or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before you fund your fiat account at your chosen exchange, make sure you find out what fees each payment method carries to avoid unnecessary costs.
STEP 2: COMPRAR DOGECOIN (DOGE)
This process is similar in almost all cryptocurrency exchanges. All you have to do is find a navigation bar or search bar, and search for Dogecoin (DOGE) or Dogecoin (DOGE) trading pairs. Find the section that will allow you to buy Dogecoin (DOGE), and enter the amount of cryptocurrency you want to spend for Dogecoin (DOGE) or the amount of fiat currency you want to spend to buy Dogecoin (DOGE). The exchange will then calculate the equivalent amount of Dogecoin (DOGE) based on the current market rate.
What is Dogecoin (DOGE)?
Dogecoin (DOGE) es un código Abierto cryptocurrency resulting from a fork of the Litecoin codebase. As the name suggests, it is heavily based on the Dog Meme that took the internet by storm in 2013. The original image depicts a Shiba Inu dog, whose inner monologue is rendered in comic sans font.
Billy Markus, a programmer from Oregon, initially had the idea for a kind of “joke” cryptocurrency. He thought that a more light-hearted crypto Moneda would have a better chance of attracting the attention of the general public than Bitcoin. At the same time, Adobe’s Jackson Palmer stated that he was “Investing in Dogecoin, pretty sure it’s the next big thing” in a now-deleted tweet.
After some encouragement, Palmer went on to create dogecoin.com. When Markus came across the website shortly after its launch, he contacted Palmer to make it a reality and began working on what is now known as
Dogecoin.
Following its launch, the cryptocurrency quickly spread across social media. In a few months, it reached a multimillion-dollar figure. capitalización bursátil.
DOGECOIN COMMUNITY INITIATIVES
The Dogecoin community has built a reputation for making charitable contributions. It started as a tipping system on sites like Reddit, where users sent each other small amounts of Dogecoin to reward content creators.
This giving spirit was echoed in his most ambitious fundraisers: in 2014, he raised over $30,000 in Dogecoin for the Jamaican bobsled team to participate in the Sochi Winter Olympics. The team had qualified but couldn’t afford to go to Russia for the event.
That same year, the community launched two other initiatives. Doge4Water raised another $30,000+ to drill wells in Kenya, and Dogecoin enthusiasts subsequently sponsored NASCAR driver Josh Wise with over $50,000 in cryptocurrency. As a result, Wise painted his car with the Dogecoin logo.
