A Step-by-Step-Guide on how to buy Dogecoin (DOGE)
Step 1 – Signup to Coinbase and recieve 10$ for free You'll first need to purchase units of the major coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for Altcoins. Click the button below for registration and to get your welcome $10.
Step 2 – Transmit Your Bitcoin (BTC) or Ethereum (ETH) to an Exchange Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. Dogecoin (DOGE) is available on Binance, so we're going to use that as an sample. Unsure on how to send funds from Coinbase to an Crypto Trader? (Follow this manual) Make sure you've selected the right coin you would like to deposit. Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an ETH deposit address, etcetera. If you're working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our guide).
Step 3 – Locate (DOGE) Dogecoin As soon as your deposit has been confirmed, you will instantly have access to your finances and you can launch purchasing and trading. To purchase (DOGE) Dogecoin on Binance, you will want to go to the tab which is called “Exchange” and after that mouse click on “Basic”. In order to locate Dogecoin (DOGE), you will need to put the shortname of the coin (DOGE) into the search box, which is marked in the image. Make sure you have choosen the proper pairing, we have marked this too. Click on “DOGE/BTC” to progress.
Step 4 – Acquisition of (DOGE) Dogecoin After you've spotted (DOGE) Dogecoin, you will be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). Next we're creating our Limit Order. The “Price” field will be automatically filled with the latest price (DOGE) Dogecoin was traded for. You can change this to your favoured price. The field with the “Amount” tag is the quantity of DOGE you want to buy. The “Total” field is the aggregated price in Bitcoin that you will pay for the whole quantity of DOGE. If you're glad, make a mouse click on “Buy DOGE”. Your plan will be filled as soon as a Vendor trades their DOGE for the price you submitted.
Step 5 – Withdraw (DOGE) Dogecoin Unless you're frequently trading, you should never keepyour coins on an Exchange for an longer time period. To take off your (DOGE) Dogecoin, go to the “Funds” tab and mouse click on “Withdraw”. Dogecoin (DOGE) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Find Dogecoin (DOGE) by using the provided drop-down box. Drop in the volumen of Dogecoin (DOGE) you'd like to withdraw. Don't forget the shown fees/minimums. Also make sure you have filled your precise withdraw address. When you are happy, click “Submit”. You could be requested for verfication via phone/email before a take off.