Buy Dogecoin: Where Is the Best Place to Buy Dogecoin?
Are you ready to enter the crypto boom and buy Dogecoin after its recent rise to prominence? If so, you may be wondering where the best place to buy Dogecoin is. There are a variety of exchanges that now offer cryptocurrencies. Let’s take a closer look at the best of the best below.
Best Crypto Exchanges to Buy Dogecoin
Dogecoin is no longer a “meme currency.” In fact, it’s a real investment opportunity that has the potential to bring in massive gains. And investors of all experience levels are getting in on the act.
However, where is the best place to buy Dogecoin? This is an important question for many reasons. Mainly, cryptocurrency is a fairly new investment opportunity that most traders are unfamiliar with. This raises questions and concerns about its potential and overall security.
While there is money to be made, it’s important to make sure you are using a reputable exchange. For example, the best exchanges for cryptocurrencies include…
These five exchanges are your best options to buy Dogecoin. Most notably, Coinbase (Nasdaq: COIN) and Robinhood have become household names.
Coinbase has become a headline crypto exchange since going public on the stock market. And rightfully so. It’s the best platform for beginners who are looking to invest in digital currencies.
Coinbase has more than 68 million users and an intuitive platform that is easy to navigate for both novice and experienced investors.
Robinhood, on the other hand, is the face of mobile investing. The popular investing app has taken the world by storm and brought a new generation of young people into investing. Robinhood recently introduced cryptocurrency to its users, and it became an instant hit.
You can’t go wrong with Binance, Webull or Kraken either. Each of these exchanges has its own set of benefits, fees and guidelines to consider before you use its services to buy Dogecoin.
Coinbase is the perfect crypto exchange for beginners. Founded in 2012, Coinbase provides a variety of payment options and fast deposits. However, its fees lean toward the higher side of this list.
Is it worth it? I’d say so. Coinbase is one of the best places to buy Dogecoin due to its easy-to-use platform with smooth navigation and extensive security. You do have to pay a 0.5% premium and further fees depending on the size of the trade. Otherwise, you cannot go wrong with Coinbase.
Robinhood is known as the gateway for new investors to learn more about the stock market and open their first portfolio. That is also true for cryptocurrencies. You can now buy Dogecoin and Bitcoin on this massively popular application.
With Robinhood, you get commission-free crypto investing and fractional shares as well. It’s a very secure exchange that protects your crypto and personal information as well as any other.
Binance makes this list due to its reach and broad list of cryptocurrencies. Overall, you can purchase approximately 200 different coins on Binance. These range from the popular Bitcoin to its own Binance Coin.
Binance has a 0.1% flat trading fee and Secure Asset Fund for Users (SAFU). However, American users are required to use Binance.us, which has only 80 coins available at the moment. This service is best suited for international investors.
Webull is an unlikely addition to this list. But it’s warranted. Webull offers commission-free trading with no minimum deposits.
This is great for new investors who are looking to dip their feet into digital currencies. You can start your own crypto portfolio and buy Dogecoin, Litecoin, Ethereum and more.
Kraken rounds out this list as one of the best places to buy Dogecoin due to its world-class customer service. It’s also available worldwide with low transaction fees and fast withdrawals.
The customer support is wonderful and available around the clock. In fact, Kraken prides itself on providing one of the best user experiences and the fastest bank withdrawals.
Fees can go up to 0.36% depending on the trade itself and the frequency of trades made. You will pay less the more trades you make. Its reputation is growing quickly due to its discreet trading and ever-growing platform.
Best Place to Buy Dogecoin
Dogecoin is trading around $0.28 at the moment, but it’s been as high as $0.740796. Some analysts expect Dogecoin to hit $1 sooner rather than later.
Unfortunately, the recent Bitcoin crash has made an impact across the majority of altcoins. This includes Dogecoin, which realized a significant and consistent drop throughout June of 2021.
But you may want to get in before this “meme currency” makes another leap forward. For the latest cryptocurrency updates, sign up for the Manward Financial Digest e-letter below. Manward’s Andy Snyder is on a crypto journey of his own. His tips and expert insights can help you decide whether Dogecoin is the right investment for you.
One thing is for sure: Cryptocurrencies are here to stay. You may want to buy Dogecoin as price predictions suggest this coin has a ton of potential.
About Corey Mann
Corey Mann is the Content Manager of Investment U. He has more than 10 years of experience as a journalist and content creator. Since 2012, Corey’s work has been featured in major publications such as The Virginian-Pilot, The Washington Post, CNN, MSNBC and more. When Corey isn’t focusing on Investment U, he enjoys traveling with his wife, going to Yankees games and spending time with his family.