A Step-by-Step-Guide on how to buy Dogecoin (DOGE)
Step 1 – Join Coinbase – Get Free $10 You will first need to buy units of the major coins. Exchanges usually accept either Bitcoin (BTC) or Ethereum (ETH) in exchange for Altcoins. Click the button below for registration and receive your welcome 10$.
Step 2 – Transmit Your Ethereum or Bitcoin to an Crypto Trader Your Bitcoin (BTC) or Ethereum (ETH) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is similar. Dogecoin (DOGE) is accessible on Binance, so we're going to use that as an sample. Not sure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you have selected the correct coin you wish to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, and so on. In the case you're using a decentralized exchange, such as Airswap or DDEX could be opposed (Follow our guide).
Step 3 – Find (DOGE) Dogecoin As soon as your deposit has been affirmed, you'll instantly have access to your finances and you can launch invest and trading. To invest in (DOGE) Dogecoin on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”. To discover (DOGE) Dogecoin, you'll need to put the shortname of the coin (DOGE) into the search-box, which is highlighted in the picture. Be certain of having selected the right grouping, we have highlighted this also. Click on “DOGE/BTC” to proceed.
Step 4 – Purchasing Dogecoin (DOGE) After you have located Dogecoin (DOGE), you'll be presented with a Chart with Prices (in the Center of the picture) and a few Order Books (Leftside of the picture). And now we are going to create our Limit Order. The field with the “Price” tag will be filled automatically with the latest rate Dogecoin (DOGE) was sold for. This can be changed to your desired price. The field with the “Amount” tag is the quantity of DOGE you like to buy. The ”Total” field is the total price in BTC that you will pay for the complete quantity of DOGE. When you're happy, make a mouse click on “Buy DOGE”. Your plan will be filled as soon as a Vendor trades their DOGE for the price you introduced.
Step 5 – Withdraw Dogecoin (DOGE) Unless you are frequently trading, best advise is not to keep crypto coins on an Crypto Exchange for an extended period of time. To withdraw your Dogecoin (DOGE), hover over the ”Funds” tab and mouse click on “Withdraw”. Dogecoin (DOGE) can be safely stored using a Wallet, for example 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. Take into account the displayed fees/minimums. Also make sure you have entered your right withdraw address. When you are happy, click on “Submit”. You may be requested for phone/email verification ahead of a take off.