How can I get some Dogecoins (DOGE)?
Michael Dogecoin (DOGE) is a peer-to-peer, open-source cryptocurrency. It is considered an altcoin and an almost sarcastic meme coin. Launched in Dec. 2013, Dogecoin has the image of a Shiba Inu dog as its logo.
While it was created seemingly as a joke, Dogecoin's blockchain still has merit. Its underlying technology is derived from Litecoin. Notable features of Dogecoin, which uses a scrypt algorithm, are its low price and unlimited supply.
Understanding Dogecoin
Dogecoin started as something of a joke, but after it was created, it gained a following. By late 2017, it was participating in the cryptocurrency bubble that sent the values of many coins up significantly.
After the bubble burst in 2018, Dogecoin lost much of its value, but it still has a core of supporters who trade it and use it to tip content on Twitter and Reddit.
Users can buy and sell Dogecoin on digital currency exchanges. They can opt to store their Dogecoin on an exchange or in a Dogecoin wallet.
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Dogecoin has been taking off today, and many users have found themselves trying to get in on the action. If you’re wondering where to buy Dogecoin (DOGE) right now, then we can help.
Where to buy Dogecoin (DOGE) right now
Dogecoin can be bought from a slew of cryptocurrency exchanges like Binance and Coinbase (the latter of which does not offer Dogecoin for purchase or trade). These are just two of the most popular, and while they are usually considered relatively secure, we highly recommend that users do research into whatever exchange they decide to use. It is also worth noting that some exchanges restrict the state, country, and overall location that users can register from.
Here’s a list of current popular crypto exchanges and online brokers that offer DOGE purchases:
- Binance US
- Huobi
- Kraken
- OKEx
- Robinhood (restrictions have been noted here. Results may vary.)
Know of any other reputable options for buying Dogecoin right now? Let us know in the comments.
Now that you have an idea of where to buy Dogecoin, those looking into investing in the cryptocurrency can check out the sites that we have listed above. We’ll continue to look for more updates and try to keep this article as up to date as possible as Dogecoin continues to grow in popularity.