A Step-by-Step-Guide on how to buy Dogecoin (DOGE)
Step 1 – Signup to Coinbase and recieve 10$ for free In the beginning you'll need to purchase units of the major coins. Exchanges commonly accept either Ethereum or Bitcoin in exchange for Altcoins. Click the button below to register and receive your welcome 10$.
Step 2 – Send Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Trader now. Every exchange has a deposit form that is identical. Dogecoin (DOGE) is available on Binance, so we're going to use that as an example. Not sure on how to send Coinbase funds to an Crypto Trader? (Follow this guide) Make sure you have selected the right coin you wish to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, et cetera. In the case you're dealing with a decentralized exchange, like Airswap or DDEX could be different (Follow these easy steps).
Step 3 – Find (DOGE) Dogecoin Once your deposit has been confirmed, you will immediately have access to your finances and you can launch purchasing and trading. To purchase (DOGE) Dogecoin on Binance, you will want to hover over the tab which is called “Exchange” and mouse click on “Basic”. To spot (DOGE) Dogecoin, 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 choosen the proper pairing, we have marked this too. Click on “DOGE/BTC” to go ahead.
Step 4 – Acquisition of (DOGE) Dogecoin After you've found (DOGE) Dogecoin, you'll be given a Chart with Prices (in the Center of the picture) and a few Order Books (on the Left of the picture). For now we're going to create our Limit Order. The ”Price” field will be filled automatically with the most recent tariff (DOGE) Dogecoin was traded for. You can change this to your desired price. The field with the “Amount” tag is the quantity of DOGE you like to buy. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete quantity of DOGE. If you are satisfied, make a mouse click on “Buy DOGE”. Your plan will be filled as soon as a Vendor trades their DOGE for the price you gave.
Step 5 – Withdraw (DOGE) Dogecoin Unless you're trading, you should never keepyour coins on an Crypto Trader for an extended time period. In order to take off your (DOGE) Dogecoin, go to the ”Funds” tab and click on “Withdraw”. (DOGE) Dogecoin can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate (DOGE) Dogecoin by using the provided drop-down box. Enter the volumen of (DOGE) Dogecoin you'd like to take off. Take into account the displayed minimus/fees. Also make sure you have entered your correct withdraw address. When you're happy, click “Submit”. You could be requested for email/phone verification before a withdrawal.