How to buy Dodgecoin in 2022

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MeMoreMoney

2021 was the year of cryptocurrency, with popular coins like Bitcoin and Ethereum growing to all-time highs. Of course, Bitcoin and Ethereum are somewhat "established" in the world of crypto, and hence their rise shouldn't have been too big of a surprise. However, when it comes to , there's one coin that has honestly shocked the world: Dogecoin.

Should You Even Buy Dogecoin?

With its solid performance in 2021 (and lots of media hype), Dogecoin may seem like a desirable option for investors looking to gain exposure to the cryptocurrency market and build wealth. That being said, it's important to remember that to invest in Dogecoin is the same as investing in any other vehicle: you need to do your research and set up realistic expectations. Remember with any investing capital is always at risk so never invest more than you can afford to loose. 

How To Buy Dogecoin: Step by Step

So you've done your research and decided that you want to purchase Dogecoin, whether to enter the digital coin market or acquire some virtual money or add to your coin wallet and earn some interest. You'll probably be wondering how to buy Dogecoin exactly. Here's how to do so, step by step.

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.

1

Pick a Cryptocurrency Exchange

To buy Dogecoin, you'll need to open an account on a cryptocurrency exchange. This exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies.

2

A easy to use and popular exchange is Coinbase

Coinbase is free to download

68 million people are already using coin base. use affiliate link below to find out more

Choose a Payment Option

Before buying any crypto-currency or making trades, you'll need to deposit some money in your account. Most exchanges will let you deposit money directly from a chequing or savings account. Some will accept wire transfers or PayPal transfers.

3

Place a Dogecoin Order

Once your money has gone through and is sitting in your account, you can place an order for Dogecoin. 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.

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