How to Buy Dogecoin

Buying Dogecoin can be a bit tricky if you’re not used to buying cryptocurrency. There are a few ways to do it though. Below, you’ll find instructions on how to buy Dogecoin with USD, how to buy Dogecoin with a credit card, and how to buy Dogecoin with Binance.

How to Buy Dogecoin with USD Binance

Click “Register” at the top right-hand corner of the exchange page. Fill in the form.

Once registered, make a deposit. Click on “Wallet” and then “Fiat and Spot” on the top-right navigation bar of the website.
Click the “Deposit” button. You will be presented with the below options. Click the deposit currency you want to use to send USD to the exchange.

Follow the onscreen prompts entering in the information Binance ask for.

After that, find the “DOGE/USD” pair. To do this type “Doge” in the search bar. Click the “DOGE/USDT” pair. USDT is a stablecoin – its price is always fixed to that of the US dollar (you’ll want to purchase USDT with a 1:1 ratio of your deposited USD, first).

Finally, enter the amount of Dogecoin you wish to buy, pick the Market tab, and click “Buy DOGE”.

After you make your trade, you should immediately withdraw your DOGE to a wallet that is not an exchange. To do this, click “Withdraw” next to your DOGE balance. You will then need to enter your secure wallet address.

Note: It’s important to withdraw your DOGE straight away to a wallet that you control the private keys of. Exchanges are not safe places to store cryptocurrency. They get hacked often. Download a multi-asset wallet such as Jaxx. Better still, use a hardware wallet such as the Ledger Nano X. This applies to all the methods to buy DOGE listed below.

Each of the exchanges that let users buy DOGE with USD accepts different USD deposit options. I’ve listed each below:

  1. Binance: Visa / Mastercard, wire transfer, ACH bank transfer, SWIFT, SEN.
  2. Livecoin: Visa / Mastercard, Payeer, Perfect Money, Capitalist, AdvCash, Qiwi.
  3. Exrates: Payeer, Perfect Money, AdvCash, NixMoney.
  4. YoBit: OkPay, Payeer, AdvCash, PerfectMoney, Capitalist.