How to Buy Dogecoin in 3 Simple Steps
Create your free Kraken account
Provide your email address, country of residence and secure your account with a strong password
Connect your funding method
Connect your card or bank account after Kraken verifies your account
Buy DOGE with as little as $10
Check the price of Dogecoin and
use our DOGE to USD Converter
Check the current Dogecoin price on Kraken to help inform your DOGE purchase.
DOGE to USD Converter
Use our simple DOGE to USD converter to see how much Dogecoin you can buy with USD.
You can also check DOGE's price in USD as well as important metrics such as DOGE's trading volume, the percentage change in DOGE price, and the past 24 hours’ highest and lowest prices.
Why buy Dogecoin?
You may want to buy DOGE if you want to:
Support the development of the Dogecoin ecosystem
Diversify your investment portfolio to include meme coins
Transfer value quickly and cost-effectively using Dogecoin
Take part in charitable causes backed by the DOGE community
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What is Dogecoin (DOGE)?
Dogecoin’s ascension from a tongue-in-cheek parody cryptocurrency project to the world’s largest meme coin is one of the industry’s most bizarre underdog stories.
The project originally started life as a mockery of other cryptocurrencies, but quickly gained the attention and adoration of dog-loving internet users worldwide. Dogecoin was a copy and paste job from the code of Lucky Coin, a project forked from Bitcoin’s open source code. It served as a digital currency that could be easily mined, cost fractions of a cent to buy and had an initial maximum supply of 100 billion coins — 4,761x larger than bitcoin’s total supply.
Eventually, however, many of Dogecoin’s rogue parameters were changed to make it a more legitimate, usable cryptocurrency in response to it becoming one of the most popular cryptocurrencies around. Among these changes included the removal of its supply cap. This means there is no upper limit on how many DOGE cryptocurrency tokens can enter into circulation.
Want to dive deeper? Read Kraken’s What is Dogecoin? (DOGE) to learn more.
Who created Dogecoin?
The doggy-themed cryptocurrency was created in late 2013 by Jackson Palmer and Billy Markus purely to make fun of other digital assets being developed at the time. In an interview in 2019, Palmer said he conjured the idea for Dogecoin after seeing the viral Shiba Inu meme on his computer, admitting that he only thought he’d get a few laughs out of it from the wider community.
Within the first month of launching the project, almost 20,000 people flocked to its dedicated Reddit page, shortly followed by a 3x rise in price as crypto trading took off.
In the years that followed, Dogecoin quickly became an iconic cryptocurrency that was more about having fun and crowdsourcing charitable donations for worthy causes (many of them dog-themed) than trying to solve some serious, centralized, real-world problem. Among its fans include celebrity endorsers such as Mark Cuban, Gene Simmons, Elon Musk and Snoop Dogg.
It still remains a leading project in the crypto market with a market capitalization of over $10 billion.
How is Dogecoin used?
Dogecoin is predominantly used as an online payment system for electronically transferring value between users. It was once one of the most widely used tipping cryptocurrencies thanks to its low fees, ease-of-use and strong community.
Outside of its general utility, many buy and hold DOGE as a highly speculative investment. This is largely due to the historical impacts that Elon Musk’s Dogecoin-related tweets have had on its price. As a result, the cryptocurrency is especially volatile and prices can swing wildly in both directions rapidly from a single social media message.
What can you buy with DOGE?
Thanks to gift cards, merchant adoption and crypto debit card services like BitPay, you can now buy almost anything with DOGE. Crypto debit cards work by seamlessly converting your DOGE into fiat currency at the point of sale, so you can use it just as you would a normal debit card.
Why buy Dogecoin with Kraken?
With more than a decade of experience, Kraken has established itself as a pillar of the cryptocurrency industry. While we have grown to now offer over 200 cryptocurrencies, we remain one of the best places to buy DOGE.
At Kraken, our focus has and will always be on:
Buy crypto on the go
How to buy Dogecoin with a credit card or bank account on the Kraken app
The official Kraken app is the perfect way for you to conveniently buy or sell DOGE from the palm of your hand. You can buy Dogecoin from anywhere as soon as you:
- Download our app from Google Play or the iOS App Store
- Create your account in minutes
- Connect your bank account or credit card
Get the app
How much DOGE can I buy with Kraken?
You can buy Dogecoin on Kraken with as little as $10 since each DOGE is divisible into smaller units. While you do not need to execute larger orders, Kraken’s advanced price discovery and execution technology helps offer some of the best rates of any cryptocurrency exchange.
Your verification level determines what you can do with your Kraken account. This can be located by signing into your account, selecting your name in the upper right and then selecting Get Verified. You will then see highlighted your current (pending or verified) level.
Dollar cost averaging is a popular strategy that allows you to invest in an asset at regular time intervals using fiat currencies (cash) and other payment methods like a bank transfer, regardless of its price. This sort of recurring buy strategy is designed to help build wealth over time while minimizing the impact of unpredictable price changes.
How to keep your DOGE investment safe
Kraken works hard to protect your DOGE
When you buy Dogecoin with Kraken, your crypto is automatically stored in our hot wallet — an accessible but highly secure place to keep your DOGE safe.
Kraken allows you to hold your own Dogecoin
Our rigorous security standards ensure that our users’ crypto is always safe on our platform. However, if you want to hold or transfer your Dogecoin, Kraken allows you to take full custody of your DOGE in the wallet of your choice, unlike many other fintech services. Dogecoin can easily be stored on hardware wallets, web, or mobile wallets.
How to Buy Dogecoin FAQ
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More from the Kraken Learn Center
Take your learning to the next level with Crypto Guides.
What is Dogecoin? (DOGE)
Dogecoin is a cryptocurrency inspired by a popular meme known as Doge, a picture of a Shiba Inu dog accompanied by colorful Comic Sans phrases meant to convey its inner monologue.
How to Sell Dogecoin
No longer having fun sending and tipping DOGE? If that’s the case, you might want to consider selling it on an exchange with a robust real-time order book like Kraken.
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Information provided in this “Learn” section is for general educational purposes only and is not intended to constitute investment or other advice on financial products. Such information is not, and should not be read as, an offer or recommendation to buy or sell or a solicitation of an offer or recommendation to buy or sell any particular digital asset or to use any particular investment strategy. Kraken makes no representations as to the accuracy, completeness, timeliness, suitability, or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.