There is no point in denying that over a period of last 6 months Bitcoin has helped grow many altcoins.
And when we talk about Altcoins, the list can not be completed without Dogecoin. This coin was created in December 2013 and has gained a market cap of $212,071,475 at the time of writing this article.
So with this increasing market cap and usage of Dogecoin, more and more people are willing to invest in it.
But before we get into it, let’s see what is Dogecoin all about.
What is Dogecoin?
Dogecoin is a decentralized, peer-to-peer digital currency that enables to send money easily.
It carved its way for regular usage between 2013-2014 when Bitcoin and Litecoin were treated more as assets than a digital currency.
How To Buy Dogecoin?
First of all, I would like to tell you a few ways through which you can Buy Dogecoin anywhere in the world.
You can buy Doge using Bitcoin, Ethereum, and Ripple.
However, To Buy these cryptocurrencies you can checkout the following articles:
Buy Bitcoin with PayPal – Available worldwide but High Fees upto 10%
Buy Bitcoin with Credit Card – Available worldwide but High Fees upto 10%
Buy Bitcoin with Debit Card – Available worldwide but High Fees upto 10%
Buy Bitcoin with Amazon Gift Card – Available worldwide but High Fees upto 8%
Buy Ethereum with PayPal, Credit/Debit Card – Available worldwide but High Fees upto 10%
Buy Ripple Instantly – Available worldwide but High Fees upto 10%
Once you have Bitcoin, Ethereum or Ripple we can instantly Buy Dogecoin from an Exchange. We would be using Poloniex and Bittrex as they are the best and the most reputable exchange in the world.
Buy Dogecoin at Poloniex
- Visit Poloniex and Register as a New User
- Now you have to complete the verification process by submitting your government ID.
- Go To Submit Tab and select the desired Payment Mode as BTC.
- Now you need to send BTC to the given address.
- Once Poloniex receives BTC, they will add the funds in your Poloniex account.
- Now, Click on BTC market and Select “Doge” buy DGB using BTC.
- Now Enter the amount of Dogecoin(DOGE) you wish to buy and Click on “Buy“.
- Confirm the order and you will soon get DOGE in your Poloniex account.
You can check your orders under ‘My Order List‘.
Once, You get Dogecoin in your Poloniex Wallet, you need to transfer it to your Dogewallet to keep it safe.
Converting BTC to DOGE through Changelly
Changelly is an instant cryptocurrency exchange where you can convert one crypto to another.
This is a very quick and reliable way to get Doge coin using your Bitcoin or any altcoin.
You would need to send the respective crypto to changelly wallet address and they will give you the desired crypto by charging a minimal fee of 0.25%.
So, Let me tell you all the steps you need to do in order to grab your Dogecoin.
- Visit Changelly
- Select the currency that you want to pay with.
- Now SignUp as a New user
- Enter your Doge Wallet Address
- Confirm the transaction and Send Bitcoin to the given address.
- You will instantly receive Doge.
It takes around 1 hour for the exchange to get completed. In my case, it took 20 minutes to receive the currency.
Changelly also allows you to Buy Bitcoin using Credit and Debit Cards and then you can Buy Dogecoin with it. However, the prices are often very high, so I won’t recommend you that.
You must also read out Changelly Review to get more details about it.
So, These are a few ways to Buy Dogecoin with Credit, Debit Card or Paypal. Moreover, I will keep on more ways which enable you to purchase Dogecoin.
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Also have a look at our helpful guides:
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- Best Hardware Wallets to Secure your Cryptos