You can also get Dogecoin by «mining» it. In Quick Trade, all currencies you can trade for on Coinsquare are in a drop down list. Dogecoin is a decentralized, peer-to-peer digital currency that enables you to easily send money online. If you are interested, read more here. Step 2: Get Some Dogecoin. Just tell us What currency you have, what currency you want and the wallet you would like the coins sent to.
Summary: Best Places to Buy Dogecoin (DOGE) in the UK
In this guide, you will learn what Dogecoin is, what Dogecoin was created for, what it is used for today, and if you should think of Dogecoin as a wigh investment. After that, the next section will look at options to buy Dogecoin. So, as the Doge itself would say:. However, there are some important differences. Firstly, there are lots more Dogecoin than there are Bitcoin. Another difference is that there is no ultimate limit on how many Dogecoins will be created.
CHOOSE YOUR WALLET.
Download the app. Verification is required to prevent identity theft or fraud. Receive crypto on your wallet. Get Wallet. Thousands of cryptocurrencies nowadays and most of them are hard to understand. DOGE is not like that.
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In this guide, you will learn what Dogecoin is, what Dogecoin was created for, what it is used for today, and if you should think of Dogecoin as a good investment. After that, wtih next section will look at options to buy Dogecoin.
Dpgecoin, as the Doge itself would say:. However, there are some important differences. Firstly, there are lots more Dogecoin wiht there are Bitcoin. Another difference is that there is no ultimate limit on how many Dogecoins will be oyu.
Finally, Dogecoin uses different coding for its miners. All you really need to know is that regular computers can mine Dogecoin. This is different to Bitcoin. Only specialized can you buy dogecoin with bitcoin systems that have been designed for crypto mining can profitably mine Bitcoin these days. The difference is that CPUs the chips in normal computers can still mine Dogecoin. As you can probably tell from the logo pictured above, Dogecoin was originally created as a bit of a joke currency.
Obviously, it fun to buy Dogecoin. It started in and was created by Billy Markus and Jackson Palmer. These two founders have since left the project.
The original meme featured a Shiba Inu dog the vogecoin breed of dog from Japan. The meme youu a picture of one of these dogs with multicolored, comic sans the font text written in dohecoin kind of broken English.
Examples of this text can be seen around the dog pictured in the Dogecoin logo:. Despite starting as a joke currency, Vitcoin quickly developed a strong community around it. This community began to use the currency to tip other internet users for their content on forums such as Reddit. Since its creation, Doge has also been used to donate money to charities.
As with any asset, whether Doge has been a good investment depends on when the investor first bought Doge and when they decide to sell it. There are a few ways to do it. There are not many odgecoin to buy Dogecoin with USD directly. However, a few smaller cryptocurrency exchanges do offer fiat pairs with DOGE.
Examples of these include:. To buy Dogecoin with one of these exchanges. Simply follow the steps. Each exchange will be slightly different but for the most part, these steps will apply to all:.
Exchanges are not safe places to store cryptocurrency. They get hacked. Download a multi-asset wallet such as Jaxx. Better still, use a hardware wallet such as the Ledger Nano S. This applies to all the methods to buy Dogecoin listed. There are very few options to buy Dogecoin with a credit or debit card. Livecoin claims to accept credit card transactions.
Again, the bhy are below:. Even fewer cryptocurrency exchanges accept PayPal than they do credit cards. This is because users can simply report the transaction to PayPal and claim their money.
For this reason, PayPal deposits are rare. There are ways to buy Dogecoin using PayPal. Probably the easiest and safest way to buy Dogecoin using Paypal is to first use it to buy Bitcoin. However, true peer-to-peer exchanges, such as LocalBitcoins, often have traders willing to accept PayPal. You might be shocked at how much they charge for the service though! This makes it not such a good investment option and people buy Dogecoin for fun.
That said, Dogecoin does serve a useful purpose, unlike many cryptocurrencies around today. It has found a nice use case as a coin to tip a few fractions of a cent to internet users creating fun or interesting content. The community surrounding DOGE and the current team of developers using uby currency in the charitable ways they have done is also a worthy use case. So, if you want to have some crypto fun, you can always buy Dogecoin.
Hope this guide has been helpful to you in learning a little more about this interesting digital currency. You should now know its history, its purpose, where to buy in, how to buy it using different methods, and if it should be thought about as a good investment.
As the Doge would say:. Save my bticoin, email, and website in this browser for the next time I comment. Error, failed to subscribe. If problem persists contact site administrator. Read. All courses Interactive courses Sign up Free. Table of Contents 1 What is Dogecoin?
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Atomic is a great option to Buy DOGE
We will let you know when the coins have been received and how many confirmations the transaction. Dogecoin was meant to be a fun currency. Fund your Coinsquare account using fiat, like the Euro or Canadian dollar, or cryptocurrency. Bitcoin has a average block time of 10 minutes and Dogecoin has an average of only 1 minute. So why would we ask you for it? Setting up a Dogecoin wallet is as easy as 1, 2, 3. It will also help maintain the Dogecoin network. You can get tipped Dogecoin by participating in our community. What are the differences between the two? Both wallets have their advantages and disadvantages. We recommend you only dogceoin a small amount of Dogecoin in an online wallet at any time. Reddit Community. Here are some businesses that accept Dogecoin: BitcoinShop. This is the first step to buying DOGE. Top Movers:.
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