How to Buy Dogecoin

Dogecoin (DOGE) cryptocurrency ranks at 10 place by capitalization. It’s 22 July 2024 on $20,453,720,995 year. Circulating supply: 145,207,546,384. Maximum supply – N/A. The price of DOGE for today – $0.14093 with trading volume of $1,426,007,649 for 24 hours. The maximum price of Dogecoin was registered on 8 May 2021 year and was – $0.7316. The lowest price of DOGE, $0.0000869, was registered on 6 May 2015.
Dogecoin (DOGE)
$0.14093 +5.73% ↑
24h price change
$0.008077
Capitalization
$20,453,720,995
24h trading volume
$1,426,007,649
on the official website

How to Buy Dogecoin Price in USD: Convert to US Dollar

DOGE
DogecoinDOGEDogecoin
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on the official website
Data updated 7/21/2024

    The most famous memecoin, released as a joke, Dogecoin quickly gained popularity and recognition in cryptocommunity. The cryptocurrency is named after the Internet meme DOGE (google it), so the coin portrays the satisfied face of shiba inu dog.

    How to buy Dogecoin
    Dogecoin — the most famous meme-cryptocurrency

    Today we will talk where it is better to buy Dogecoin in the 2024 year.

    What is Dogecoin

    Dogecoin is a cryptocurrency based on the Litecoin blockchain. It works on the Proof-of-Work principle. It has an unlimited emission.

    Billy Marcus, a programmer from Portland, created Dogecoin in 3 hours (in December 2013). These 3 hours even included graphics drawing and user interface creating.

    In addition to the idea of making fun of growing popularity of altcoins, the launch of dogecoins had a deeper meaning. Marcus wanted his cryptocurrency to be available to the broad masses, unlike bitcoin. Dogecoin creator’s nickname on Twitter – Sibatosi Nakamoto, which is a reference to the pseudonym of the Bitcoin creator Satoshi Nakamoto.

    What Dogecoin is
    Ilon Mask actively supports Dogecoin

    Dogecoin is actively supported by the founder of Tesla and SpaceX, Ilon Musk, who have got the nickname Dogefather.

    The best place to buy Dogecoin

    Because of its high popularity dogecoins can be purchased on cryptocurrency exchanges, by payment systems and banks (such as Relovut) and so on. However, for security reasons, it is best to do this on the cryptocurrency exchanges. A large trading platform, as a rule, differs with reliability, because it is a subject to regulation and one have to pay great attention to protecting users’ funds.

    In addition, they offer high liquidity and a large selection of purchase options (bank transfer, VISA/MasterCard card, P2P-making and so on). Many exchanges also work with fiat currencies, including US dollars and euros. Therefore, if you are looking for a way how to buy DOGE reliably and profitably, then it is best to do it on the cryptocurrency exchange.
    tgdratings.com

    Instructions for buying Dogecoin

    Consider the above-mentioned profitable buying option for Dogecoin on the exchange. If you also decide to buy popular mem-coins, follow the step-by-step instructions below.

    Decide on the level of risk

    Investments in cryptocurrency are highly risked, and this is the main thing that you need to understand. Awareness of risks and compliance with the basic investment rules will help to avoid money loss.

    The main “do not buy” tips:

    • Do not buy with all your money;
    • Do not buy for the last money;
    • Do not buy for money that you cannot afford to lose.

    Choose a cryptocurrency exchange

    Cryptocurrency exchange is the most reliable and profitable way to buy Dogecoin. However, for the best result, it is important to find a platform that will provide a high liquidity, offersa large number of trading pairs, will allow using of fiat money, as well as possibility to pay the purchase from a card, by banking transfer and in other popular ways.

    When choosing an exchange for buying cryptocurrencies, pay attention to the following parameters: year of creation, the presence of a license, the size of the commissions, trade turnover, reputation, reviews from real users, etc.

    Exchange
    Website
    BTC trading volume, 24h
    1Binance
    Binance
    BTC trading volume, 24h
    4,930.13
    2WhiteBIT
    WhiteBIT
    BTC trading volume, 24h
    1,525.74
    3OKX
    OKX
    BTC trading volume, 24h
    1,013.94
    4HTX
    HTX
    BTC trading volume, 24h
    1,007.40
    5Bybit
    Bybit
    BTC trading volume, 24h
    603.96

    Creating of an account

    To buy Dogecoin, you can choose any site from the rating of the best cryptocurrency exchanges from our experts. As an example, let’s take the top crypto exchange in terms of trading volume Binance. To make orders on the exchange, you must have user account. To create it:

    1. Enter the official website of the exchange and click the yellow Register button;
      Registration on Binance
    2. The system asks to select the country of residence: choose one from the list and click Confirm;
      Confirming the residence country
      Confirming the residence country
    3. Click Create Personal Account to make a personal account, or Create Entity Account – an account for business;
    4. Enter the data for registration, then click Next.
      Personal account registration
      Personal account registration
    Detailed Instruction, on how to register on Binance exchange you will find in review from our experts.

    Top up the account

    Different trading platforms offer different ways of depositing and withdrawal of funds. Some work only with cryptocurrency, others allow using of fiat money for deposit replenishment by bank cards, transfers, etc. Depending on the specific exchange, choose the most optimal way to transfer the funds to your account.

    For example, you want to replenish the account by fiat currency from the plastic card. To do this, we should search for the trading pair that has a coin you want to buy (after account toping up) and whether it is possible to buy it for fiat you want to tranfer to the selected exchange.

    The Binance allows to buy cryptocurrency by 40+ fiat currencies, including EUR and USD. Among the available methods of payment: bank transfers (SEPA, SWIFT), credit and debit cards, P2P-deals, transfers by Simplex and Banxa (SEPA).

    To buy crypto by fiat, you have to select Buy Crypto in you account → add a payment method, for example, Credit/Debit Card.

    Buying crypto by fiat with a card
    Buying cryptocurrencies by fiat with a card

    Buy Dogecoin (DOGE)

    Exchange account funded — now create an order to buy Dogecoin on the Binance spot market.

    For this:

    1. Choose Trade → Spot in the menu;
    2. Specify the currency pair, in the trading terminal, for example, DOGE/EUR;
      Selecting a trading pair
      Selecting a trading pair
    3. Under the chart for the selected pair, fill out the form for creating an order to buy DOGE;
    4. First, specify the order type and then enter the required data (price, quantity, stop price);
    5. Click Buy DOGE.
      Buying DOGE with EUR on the Binance Spot Market
      Buying DOGE with EUR on the Binance Spot Market

    How to sell Dogecoin

    The algorithm of selling has no difference from the buying one. There only one thing to change: you have to create a sell order(on the right part of terminal). The steps are:

    1. Select the type of order;
    2. Fill in the data;
    3. Press Sell DOGE.
    Selling DOGE on the Binance Spot Market
    Selling DOGE on the Binance Spot Market

    Where to keep DOGE

    The answer to this question depends on what you plan to do with the purchased dogecoins in the near future.

    • If you are aiming at active trading, then it is better to send coins to “hot” wallet or leave them on the exchange. These “hot” vaults are permanently connected to the network, providing quick access to funds and making them easy to use. But do not forget about security settings: create a strong password, enable two-factor verification, save the wallet recovery password, etc.
    • If you don’t plan to use DOGE in the near future, it’s safer to put your coins in a cold wallet. This type of storage works offline, so it’s almost impossible to steal a private key. The most reliable at the moment are hardware wallets that look like a flash drive and connect to the network directly to carry out the transaction.
    DOGE Cold Storage Hardware Wallet
    DOGE hardware cold wallet

    How to withdraw Dogecoin to my wallet?

    You can withdraw Dogecoin to any crypto wallet that supports this cryptocurrency. Among the hot storage options there is Binance’s official wallet called Trust Wallet. It can be used not only for storing coins, but also for buying, selling and exchanging DOGE.

    Trust Wallet Home
    Home Trust Wallet page

    To withdraw DOGE purchased on Binance to Trust Wallet:

    1. Click on the profile icon in your Binance account and select Wallet → Fiat and Spot;
      Binance Wallet: Fiat and Spot
      Binance wallet: Fiat and Spot
    2. Select DOGE and then press Withdraw;
      Select coin to withdraw
      Select coins for withdrawal
    3. Specify the network for transfer, and enter the address for transferring DOGE from the exchange to the wallet in the line Address;
      DOGE withdrawal address
      Address for DOGE withdraw
    4. Now to find you dogecoins out, go to the Trust Wallet application installed on your smartphone (download links for Android and iOS);
    5. Select Receive;
      Getting DOGE. Step 1
      Get DOGE. Step 1
    6. In the list of currencies find Dogecoin and click on the coin;
    7. Go to the page with the address to get DOGE: copy it or scan the QR code;
      Getting DOGE Step 2
      Get DOGE. Step 2
    8. Insert the code in the Address line on the Binance exchange and withdraw DOGE to Trust Wallet.

    FAQ

    How to buy Dogecoin?
    You can buy Dogecoins on different services: cryptocurrency exchange, by payment systems, bank transfers like Revolut and so on. In terms of reliability, exchanges win: they have a higher level of account protection, are regulated, and also offer a better buying rate.
    Where to buy Dogecoin?
    A popular place to buy DOGE is Binance, which is currently is the largest crypto trading platform in the world. But besides Binance, there are other trusted exchanges, which could be find in the section Instructions for buying Dogecoin: Choose a crypto exchange.
    How many Dogecoins are left?
    As for the Dogecoin emission, its initial size was 100 billion of DOGE coins. However, as it was announced later, the emission for each block will be fixed, but the total amount of coins will be unlimited.
    When it is the best time to buy Dogecoin?
    Having carried out a competent fundamental and technical analysis, you can draw conclusions when it is better time to buy or sell this or that coin. But for such analysis you need to have certain knowledge and skills. If you have entered the cryptocurrency market recently, then it could be more difficult for you to determine entrance and exit points for deals. To improve self analisys skills you can spend more time studying analyst forecasts, reading traders` reviews, chatting with community members on the forums etc.

    But don`t think that someone can tell you the best day and time to buy an asset. The crypto market is too volatile for accurate predictions and you are solely responsible for your decision.

    Should I buy Dogecoin?
    Again - that decision is yours. Watching on how any project develops, we can talk about its prospects. Today a lot of investors are putting DOGE in their crypto portfolio. But is it worth doing it or not - everyone decides for self.
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    Agatha Redich
    Agatha Redich
    Articles author, editor
    Articles author and website editor. Works with texts for over 12 years. Among Agatha’s clients: Rossman, Zara, Bosch, ING Bank, Lexus and others. Crypto journalist since 2018. She wrote more than a hundred articles about cryptocurrencies and the crypto market. Agatha's professional credo is to reveal complex topics in an accessible and simple way.
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    Emil Rabin
    Emil Rabin
    Site expert
    Cryptocurrency expert and financial analyst. Emil has working experience in Bain and KPMG, collaborated with PayPal and Revolut, organized more than 30 educational events about blockchain and cryptocurrencies in Eastern Europe. An expert of the TGDRatings.com portal since 2022.
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