Dogecoin the “meme” making a richer memer
This currency was mined over the open-source platform in 2013 and it was created for the general public to access for purchasing. It has spread awareness about the importance of blockchain technology among people. The currency becomes popular considering as a meme, As a result, now people have a new outlook “Dogecoin” the future of cryptocurrency.
What are Dogecoin’s main characteristics?
A dogecoin has several characteristics to offer apart from being a community-driven project. Firstly, Dogecoin is constantly, although insignificantly demanded in the market, as the currency is moreover liquid and one can buy it via debit card or any other mode of payment. Dogecoins facilitates smooth and quick transactions for real which serves as a bonus positive feature to it.
What can be the usages of a Dogecoin?
Dogecoin majorly helps in fund-raising events/projects for the charity. The team of Cryptocurrency actively decides upon the projects or the events for which the fund has to be raised by the Doge. Despite this fact, some people buy this coin with the sole motive of making profits out of it.
How is Dogecoin different from cryptocurrency?
The Dogecoin does not differ from any other cryptocurrency from the technological point of view and it serves as a benefit to the one who wants to buy it via debit card. Apart from it the Dogecoin isn’t taken seriously and considered as a joke-coin as its usage is dependent on the community owning it during that period.
What is the best way to invest in a Dogecoin?
As all the exchanges do not support the facilities of all the modes of payments, so, one should take a good amount of time to invest in these coins and should consider that the coin facilitates all the major sources of online payment. Buying the Dogecoin through a debit card or credit card is the best way of investing as it makes the investment real quick and effortless.
Evolution Of Crypto In the UK
The certified way to buy and selling cryptocurrency is BC Bitcoin. As same it also charges some convenience while buying and selling i.e minimum of 5% in fees.
How to buy Dogecoin in India?
The pathway of exchanging cryptocurrency is the best and the most convenient way to buy Dogecoin. The purchasing can be done through various gateway. binance coinbase wazirx and among other such platforms. the process to buy coins on this platform is to download a cryptocurrency wallet that can only be done on the official website of these platforms.
To buy or sell the dogecoin every individual needs a crypto exchange that is available for users on apps and websites. CoinSwitch and WazirX which helps in crypto trading.
If you’re interested in buying Dogecoins then you can make it possible with the help of Robinhood, WazirX, Coinbase.
Benefits of buying the Dogecoin through various applications
The most trending and economical way of exchanging cryptocurrency is binance. it can be the most handling gateway to buy dogecoin via direct bank transfer which charges less than one percent fees for buying dogecoin on its platform.
Wazirx is an Indian Cryptocurrency exchange that helps in facilitating the buying, selling and trading of a virtual currency. The best feature of this application is that it has its own token WRX which can be used for paying the amount of transaction.
Wazirx is advantageous as it holds a monopoly in the Indian market as it stood the ban of RBI, unlike Zeebpay and Uncoin. Wazirx makes the transaction cheaper, faster and simpler and does not charge any fee.
It is the most-largest and widely used U.S.-based cryptocurrency exchange as it facilitates more than 30 cryptocurrency exchange. It has an extremely user-friendly interface and therefore it is one of the easiest ways to sign up and buy here within a few minutes.
Although Coinbase provides eye-catching security features one should always consider the risks.
Robinhood is a great platform of exchange for starters but does not offer many cryptocurrencies. It is a good application for people who want to start by investing less amount in crypto. It does not charge any fees for the trading.
Procedure For buying a Dogecoin
- Download any one of the applications from the play store, according to your research. we mostly recommend Binance or WazirX.
- Launch the downloaded application on your phone.
- Next step to set up an account by providing the necessary details.
- The next step to get your KYC done and verification of bank details. For security enable the 2-factor authentication.
- Once the verification is done, it will help you adding money to your installed application for trading.
- Once the money is deposited on your crypto exchange account you can start selling and buying cryptocurrencies any time as per your wish.
Instant confirmation, minimal registration & KYC verification.
1. Bang the Buy Now button: On your application, you can buy doge with your verified bank details in a prominent manner. It is easy, fast and risk-free. all you need to bang the buy now button below.
2. Fill the fields: Select the Dogecoin. specify the amount you want to buy. Then, fill in your Dogecoin wallet address.
Now, you are speculating as a holder of “Dogecoin”.
Question of the month is dogecoin worth giving a chance
The feeling circulated in the dogecoin enthusiasts is that this cryptocurrency certainly is worth giving a chance and investing in it. While the volatility of the meme-based currency dogecoin is not a very reassuring point, although it can be the main factor that turns an investment into a profitable one.
All credits for the enthusiasm in the investors who are trusting it goes to the Tesla head of the revolutionary Elon Musk.
Is It safe way to buy Dogecoin?
If you are stepping towards the world of cryptocurrency and looking ahead to buy some coins, then you are at the right place. Dogecoin will be your footprint in this market.
The best time to purchase
As in the stock market, the price of coins in cryptocurrency fluctuates every second, to calculate the perfect time for purchasing the coin you needs to keep an eye on the graph of cryptocurrency. When the graph starts rising it may be the best time to move ahead for purchasing the dogecoin. The economical knowledge about the supply and demand makes you understand the graph which plays a vital role in the market for purchasing and selling.
Dogecoin all credits to Elon musk:
Elon Musk becomes one of the most prominent reasons for the uprising of Dogecoin in 2021 through his vocal champions of Dogecoin. his recent tweets aid the dogecoin to reach a new high in few months.
If in the upcoming show of Elon musk, he discussed the dogecoin, then the value will reach a new high that can be approximately one dollar. As dogecoin will be soon the future of the cryptocurrency market.
The future will be exhilarant!