Dogecoin is a MEME (joke) coin that has taken the world by storm with its surge in price in 2021. Thanks to people like Elon Musk, Dogecoin which started out as a joke, is now a serious digital financial asset.
At the time of writing this, if Dogecoin can surpass the $1.50 per coin price range, we are possibly looking at a guaranteed moonshot. This is strictly our opinion and not financial advice.
For those looking to get in on the action, there are a few platforms where you can buy Dogecoin and add it to your crypto portfolio. Please be aware that any cryptocurrency has high volatility, markets can crash and prices can go down dramatically. At the same time, there is a lot of potential for “mooning” in price as well.
Platforms Where You Can Buy Dogecoin
Binance is the leader when it comes to trading cryptocurrencies online. Binance which has its very own proprietary coin called Binance Coin (BNB) has exploded in price this year (2021). Like BNB, Dogecoin has seen tremendous growth and may continue to do so as more financial institutions pick it up.
Binance provides you with the ability to purchase cryptocurrency using your Credit Card and Debit Card. You can simply head over to their Buy Crypto tab, select your Fiat currency and Dogecoin, then proceed with the purchase.
Alternatively, you can exchange any cryptocurrency for Dogecoin as well. Trading on Binance is instant when you do Market Buy orders. Exchange Bitcoin, Tether, Ethereum, and more for Doge with the click of a button. The best thing about exchanges like Binance is that there are no limits and very little downtime if any.
You can Signup with Binance here and start trading right away. No KYC required to buy and sell Doge and also withdraw to your external wallet for safekeeping.
Gemini has emerged as a true player in the crypto space and is a direct competitor to Coinbase. Gemini allows you to buy Dogecoin as well as other cryptocurrencies like Bitcoin and Ethereum with a debit card, credit card, and bank account. There are currently no limitations.
Once you have completed steps to verify your identity, you can proceed to buy as many Dogecoins as you desire. Gemini also acts as a mobile wallet. Download the app for your mobile phone and start funding your account right away. See a daily chart on the growth of your portfolio.
Set alerts to be notified of price changes in the market for any token. You will be able to act accordingly and make decisions at that very moment. Gemini is a simple and easy-to-use platform. If you have gotten your account frozen on Coinbase, this is one of the best alternatives for buying Dogecoin and other cryptocurrencies.
Changelly is a platform that allows you to buy, sell, and exchange cryptocurrencies. Changelly allows you to purchase Dogecoin, as well as other cryptocurrencies like Bitcoin and Ethereum with a credit card and debit card.
Out of all the platforms on this list, Changelly is the easiest one to use. You simply visit the website, choose the Buy tab, enter the amount you want to purchase in your Fiat Currency of choice. Select Doge as the coin you want to acquire, then click on the Buy button.
Unlike Binance and Gemini, you will need to already have an existing Dogecoin Wallet. You can signup with platforms like Exodus that allow you to store your cryptocurrencies for free. On the exchange screen in Changelly, you will insert your Dogecoin Wallet address for withdrawal.
Once your Dogecoin has been purchased, it can take anywhere from 5 minutes to 1 hour for your Dogecoin to show up in your wallet. You can start buying Dogecoin with Changelly here. Signup is needed just for email confirmations.