

Simply create an account, and go through the verification process.
#How to buy dogecoin how to#
How to Buy Dogecoin on Kraken Step 1: Sign Up for a Kraken Accountīefore you can buy Dogecoin on Kraken, you will need to sign up for a Kraken trading account. How to Buy Dogecoin on Coinbaseĭogecoin (DOGE) is not currently supported on Coinbase. Once you have connected your bank account and deposited the amount of fiat you’d like to buy DOGE with, you’re ready to buy! Search for DOGE on the Webull crypto section and buy the amount you’ve budgeted for. We recommend an ACH link as this is the quickest option in order to start buying DOGE. You will have the option of directly connecting your bank account, or doing a wire transfer with your bank. Simply click on “Deposit” to begin a transfer. Step 2: Deposit Cash Into Your AccountĪfter your account is verified, you’ll be able to deposit money into your Webull account. We recommend verifying with a Passport for a quicker processing time.ĭuring this process, please be sure to “Enable Crypto Trading.” It will be a checkbox that comes up during your signup process. You will need to verify your Webull account to buy Dogecoin.
#How to buy dogecoin free#
You will get a free stock for signing up valued up to $1,850. Mission accomplished! You now have Dogecoin! How to Buy DogeCoin on Webull Step 1: Sign Up for a Webull Account and VerifyĬreate a Webull account using the link below. Type in the amount of USD you would like to convert to DOGE. Now, the moment we’ve all been waiting for – buying Dogecoin! Simply navigate to the “Buy Crypto” option on the top menu bar. For everyone else, once you purchase USDT, you’re ready to start buying Dogecoin! Step 4: Buy Dogecoin If you transferred USD to your account, you can go ahead to the next step. It makes it simple to purchase currencies like Dogecoin and other coins in the future! USDT is simply a token that is equivalent to the U.S. Great – you’ve successfully deposited fiat into your account! Now you will need to convert your fiat (ie. Once you’ve chosen your preferred way to transfer fiat to your account, you’ll simply follow the on-screen instructions to put money in your account and move to the next step.

In February Musk posted a picture of Doge on the moon, with the caption: “literally.” The coin rose 20% immediately following the tweet.įor a while, WSB members loved Musk's commentary around the coin - like the time he tweeted he bought Dogecoin for his son. Shortly afterwards, billionaire Elon Musk began tweeting about doge frequently.

In January 2021, the coin spiked more than 800% after Reddit users focused on the cryptocurrency. Part of the massive buzz around the coin stems from Reddit's Wall Street Bets forum, known for pumping stocks like GameStop ( GME) and AMC ( AMC). By May of this year, it rose to a high of 63 cents, and its all time high is a little more than 73 cents.Īnd while old-school financial professionals are still dismissive of the currency, Doge currently holds a market cap of around $26 Billion. At the beginning of 2021, the coin was worth less than $0.005 (less than 1 penny). The coin can be used for payments similar to Bitcoin ( BTC-USD), however its value is fractional in comparison.
