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”  (featuring a Shiba Inu dog).

For many years the value of the coin remained relatively flat, and there was no significant growth. However, in 2021, Dogecoin gained a considerable following and its market cap shot up to $36 billion.

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

Experts recommend that you don’t invest more than you can afford to lose regarding cryptocurrencies.

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.

Pick a Cryptocurrency Exchange


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


You can search for Dogecoin via its name or by typing in its ticker: DOGE. Then, specify how many Dogecoins you want to buy, and your anonymous purchase of Dogecoin should go through.

Place a Dogecoin Order


Most systems work on an instant exchange meaning that you’ll receive the coins when you place the order. Like other assets that aren’t centralized, you can buy Dogecoin 24/7.

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