Dogecoin may have started as a joke, but it’s succeeded as a peer-to-peer cryptocurrency.
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.
Ready to dive in?
Why buy doge?
You may also want to consider buying DOGE if you want to:
- Experiment with cryptocurrency without taking a large financial risk
- Help friends and family better understand cryptocurrencies
- Reward content creators for their great online creations
- Use it as a currency to buy and sell goods and services
Where can I buy DOGE?
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.
How much DOGE can I buy?
Looking to buy DOGE on a budget? Don’t worry, Kraken offers a minimum order size of 50 DOGE to help you gain exposure to a variety of assets.
Of course, you can also execute larger DOGE buy orders as well. It wouldn’t be out of the ordinary for larger traders to purchase or trade 5,000,000 DOGE or more on Kraken.
How to buy DOGE on Kraken
Follow the steps below to start buying DOGE on Kraken:
Sign up for a Kraken account.
First, enter an email address, create a new username and set a strong password to protect your account.
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.
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.
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.
24/7/365 Customer Support
Trading is really pretty simple! If you have any questions about buying Dogecoin, let us know. Our support staff is online all day, every day, ready to help.
You can reach us anytime on LiveChat or by email.
Where do I keep my DOGE?
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.
Kraken is not a wallet service
It is important to note that Kraken is an exchange service and not a wallet service. So while we allow our clients to hold DOGE in their accounts, we highly encourage you to separate your DOGE holdings into multiple wallets.
Start buying DOGE
Ready to start your crypto journey with DOGE? Click the button below to buy DOGE on Kraken!