This is detail post about how to buy Dogecoin.
In the last post, we discuss how to buy Ethereum in India. After that many readers on social media asked me how to buy Dogecoin. In this post, we share all possible way of buying Dogecoin securely anywhere in the world. (some site may not work based on region where you live)
In this post, we will share easiest way of buying Dogecoin using PayPal, credit card and exchanging any crypto-currencies.
But before let’s understand what’s is Dogecoin and how it works?
What is Dogecoin?
You may have heard about popular meme Doge on Facebook, WhatsApp or any social media. Dogecoin is meme based cryptocurrencies launched after memes which are posted as a joke. After getting many replies and support Dogecoin was launched in 2013. Dogecoin is open source block chain. The code of block chain can be found on Github. Actually, Dogecoin blockchain was not originally coded by the author. only some part of the code in Litecoin is changed by coders. Dogecoin is manipulation of coding in Litcoins blockchain. As it is an open source, more than 400 other crypto currencies born after changing some line of code in Litecoins blockchain.
Dogecoin is decentralized crypto currencies just like Litecoin. Nowadays Dogecoin getting more attention as compare to others crypto. After Bitcoin, Ethereum and Litcoins Dogecoin is popular in between traders and buyers.
Let see where you can spend your Dogecoin
The best thing about crypto currencies is many sites now accepting it. You can spend your Dogecoin whole or as a fraction like 0.00035. popular site like Amazon now accepting Bitcoin, which show bright future of Dogecoin and other cryptocurrencies.
You can buy Dogecoin as an invest, as the price of this currencies increases day by day. If you invest in Dogecoin you will great return surely.
There are many ways with which you can spend your Dogecoin.
Before buying any Dogecoin, you need a wallet. So let’s find a way of making a wallet. I will write a separate post about Dogecoin wallet.
How to Make Dogecoin wallet?
Our Dogecoin is valuable for us, therefore, we choose a secure and reliable method for storing Dogecoin. for this post, we use client-side wallet such as a dogechain.info. wallet.
Just go home page of dogechain.info. then click on “wallet” on top bar.
Now click on “create wallet” button.
Now one popup will come up. Just fill the all details correctly and click on “create wallet”.
Note: Make sure your password is secure since your wallet is only as secure as your password’s strength. Also, make sure you don’t lose your password since there’s no way to access your wallet in case of a lost password.
Click on open your wallet to view the wallet you just created.
All done. Your first Dogecoin wallet is now created. You have to just note your wallet address. Now let’s find How to buy Dogecoin?
Buying Dogecoin with other Exchange
Buying Dogecoin using other exchange like Bitcoin is very fast and most useful way as compare to others. This is a simple 2 step method where you have to first buy other crypto currency and exchange with Dogecoin. You will find easy this thing ahead when you go step by step.
- Buy Bitcoin from any site using PayPal, credit/debit card or by USD. You can read our post, how to buy Bitcoin using credit and debit card or You can also buy using your PayPal account.
- After that just go to chagelly/shapeshift for a simple exchange. You can read our post on changelly for the step to step process.
That’s all you bought your first Dogecoin.
How to buy Dogecoin using PayPal
Buying Dogecoin using PayPal is tricky just because PayPal not allow you to buy Dogecoin directly using PayPal. Sometimes it may happen some people or hacker clam PayPal that they do not get there Dogecoin after payment. PayPal cannot verify transaction just because all the transaction on blockchain is hidden. Therefor PayPal does not allow this.
Just follow this simple two step and you will be the owner of Dogecoin in few second.
- Buy Bitcoin using PayPal. Read complete process, how to buy Bitcoin using PayPal?
- Just exchange this Bitcoin with Dogecoin using changelly.
Buying Dogecoin using credit/Debit card
Buying Dogecoin with a credit card is also another simple method. You have to just follow a simple two-step process.
- Buy Bitcoin using a credit card. Read how to buy Bitcoin using a credit card.
- Just exchange this Bitcoin with Dogecoin using changelly or shapeshift with just few step.
That’s all, again it is simple.
That all, so this are some method which will help you to buy Dogecoin. You can go with the first method as it is simple and fast as compared to others. But you can use other also. Most important thing which you have to notice is to make sure you have noted the password of your wallet, as it is unrecoverable.
Using these simple tactics, you can buy Dogecoin.
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If you have any query, then let me know in comment section.