How To Buy Dogecoin in 2022

2021 was the year of cryptocurrency, with popular coins like Bitcoin and Ethereum growing to all-time highs. However,  there’s one coin that has shocked the world: Dogecoin.

Dogecoin rose more than 7,000% in the first half of 2021 and has garnered the support of big names in the investing / leadership space. Keep reading to learn how to buy Dogecoin in 2022.

1. Decide on an Amount

Before diving into Dogecoin, make sure you decide on a reasonable amount that you’re going to purchase. Experts recommend that you don’t invest more than you can afford to lose regarding cryptocurrencies.

2. Pick a Cryptocurrency Exchange

The exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies. Some popular exchanges include Coinbase, Binance, and Kraken.

3. Choose a payment option

Most exchanges will let you deposit money directly from a checking or savings account. Some will accept wire transfers or PayPal transfers.

4. Place a Dogecoin Order

You can search for Dogecoin via its name or by typing in its ticker: DOGE. Then, specify how many Dogecoins you want to buy (or what dollar amount you wish to pay), and your anonymous purchase of Dogecoin should go through.

5. Consider Storing Your Dogecoin

When you buy Dogecoin, it is typically stored directly on the exchange where you made the purchase. However, some people prefer to keep their coins in a cryptocurrency wallet (or blockchain wallet).

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