How to Buy Dogecoin (DOGE)

That’s because like any cryptocurrency, DOGE transactions can travel directly from person to person over the internet without passing through a centralized middleman, like a bank.

That said, there are specifics about how DOGE’s monetary policy works that may make it more attractive to hobbyists and less appealing to investors focused on long-term portfolio growth.

Looking for more information before buying DOGE? Feel free to read our ‘What is Dogecoin?’ guide, which offers a more extensive breakdown of its technology and monetary policy. 

Becoming a DOGE millionaire may not cost much, but it can be hard if you’re only accepting small tips in internet chats. 

Still, there may be reasons to buy DOGE, even if you’re not looking to take your luxury DOGE lifestyle to the next level. 
 

There are a number of ways to buy DOGE. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken. 

Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your DOGE, it can be challenging if not impossible to recover your funds.

At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.

Follow the steps below to start buying DOGE on Kraken: 

1. Sign up for a Kraken account.
   First, enter an email address, create a new username and set a strong password to protect your account.

2. Verify your account.
   After providing your name, date of birth, country of residence and phone number, you can buy DOGE with cryptocurrencies like BTC and USDT. In order to use fiat currency (i.e. USD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.

3. Deposit fiat currency.
   You can fund your Kraken account in a number of ways. How you do so will depend upon your location and preferences.

4. Purchase DOGE!
   Once your account is funded with fiat, you’re ready to purchase DOGE. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and the ability to utilize margin trading, features that help make the Kraken experience beloved by millions of global traders.

Even if you don’t mind losing your DOGE, safely storing cryptocurrency is no laughing matter. 

Kraken is secure, but it’s safest to store your DOGE in a wallet, a software or hardware device you control that stores the public and private keys required to make crypto transactions.

Mobile and web wallets can make transactions easy, while hardware wallets are best suited for secure, long-term storage. Testing these out with DOGE can be a great learning opportunity.

When choosing a crypto wallet for your DOGE, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.
 

Ready to start your crypto journey with DOGE? Click the button below to buy DOGE on Kraken!