How to Buy Dogecoin (DOGE)

Step 1 – Signup to Kraken

In the beginning you'll need to buy one of the major currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Follow the Link below for registration and getting Bitcoin or Ethereum.

Step 2 – Send Your ETH (Ethereum) or BTC (Bitcoin) to an Crypto Exchange

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Cryptocurrency Exchange now. Every exchange has a deposit form that is alike. Dogecoin (DOGE) is available on Binance, so we will use that as an illustration. Unsure on how to send funds from Coinbase to an Crypto Exchange? (Follow this guide)

Make sure you have selected the precise coin you wish to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be divergent (Just follow our guide).

Step 3 – Locate Dogecoin (DOGE)

As soon as your deposit has been confirmed, you'll immediately have access to your finances and you can start purchasing and trading. To invest in Dogecoin (DOGE) on Binance, you'll want to hover over the tab which is called “Exchange” and then click on “Basic”.

To spot Dogecoin (DOGE), you will need to insert the shortname of the coin (DOGE) into the search-box, which is marked in the graphic. Be certain of having selected the right pairing, we have marked this too. Click on “DOGE/BTC” to continue.

Step 4 – Buy Dogecoin (DOGE)

Once you have found Dogecoin (DOGE), you will be presented with a Price Chart (in the Center of the picture) and some Order Books (Leftside of the picture). For now we are creating our own Limit Order.

The ”Price” field will be filled with the most latest tariff Dogecoin (DOGE) was traded for. This can be changed to your favoured price. The ”Amount” field is the volumen of DOGE you want to purchase. The field with the “Total” tag is the aggregated price in BTC that you will settle for the complete amount of DOGE.

If you are satisfied, click on “Buy DOGE”. Your plan will be filled when a Vendor trades their DOGE for the price you gave.

Step 5 – Withdraw Dogecoin (DOGE)

Unless you are frequently trading, best advise is not to keep crypto on an Cryptocurrency Exchange for an extended time frame. To take off your Dogecoin (DOGE), hover over the tab called “Funds” and mouse click on “Withdraw”. Dogecoin (DOGE) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Find Dogecoin (DOGE) by using the given drop-down box. Drop in the quantity of Dogecoin (DOGE) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your right withdraw address.

If you're happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.