How to Buy Dogecoin

(DOGE)

What is Dogecoin (DOGE)?

Dogecoin is an altcoin, often considered as a meme cryptocurrency. It is based on the popular “Doge” meme, with the Shiba Inu dog as its mascot. Billy Markus and Jackson Palmer founded Dogecoin as a satirical take on the crypto markets. They wanted Dogecoin to be easily accessible to the public while also acting as a medium to reward content creators while also helping build greater community engagement.

Despite the satirical take, Dogecoin has become one of the most popular cryptocurrencies in the world. It is one of the top 10 cryptos in the world by market cap. Unlike other cryptos like Bitcoin, Dogecoin does not have a hard upper cap on its total supply.

What can you do with Dogecoin?

Payment and Transactions

The primary use of DOGE is to be used as a payment token and for financial transactions. Dogecoin could be better suited in doing this than BTC since the latter is primarily used as a store-of-value. DOGE’s low price and fast throughput make it ideal for small transactions.

Hold DOGE

Many people buy Dogecoin for profit expectations and benefit from long-term gains. If you do have a "buy-and-hold" strategy, then we recommend transferring your coins to a cold hardware wallet like Ledger Nano. Having said that, CoinSmart has taken several security measures to ensure user fund protection. These include – mandatory 2FA, withdrawal confirmation emails, cold storage & BitGo user funds insurance.

Tipping Creators

DOGE is a prevalent mode for tipping creators, with the Dogecoin community having a significant presence on social media sites like Reddit.

Entry Point to Crypto

Dogecoin can be a gateway for new investors looking to add cryptocurrencies to their investment portfolio. Lots of users get into DOGE due to endorsements from celebrities like Elon Musk before transitioning to other cryptocurrencies.

Become a Part of the Community

Dog meme tokens like dogecoin have one of the most active, interesting, and healthy online global communities in the world. The Dogecoin community is known for its philanthropic efforts, having raised $55,000 to send the Jamaican Bobsled team to Sochi for the Winter Olympics. Plus, the community came together to support Ukrainian athletes with a generous donation, which allowed them to attend the 2014 Winter Olympics.

Buy Dogecoin and Send to Friends

Dogecoin can be sent to anyone in the world so long as they have an Internet-enabled device. In addition, the transaction fee is very low when transferring money, which makes it highly preferable for people who use digital currencies. Bitcoin may be the most popular choice when it comes to cryptocurrency, but Dogecoin can also give Bitcoin a run for its money in terms of overall value.

Steps to Buying Digital Currency

Purchase Dogecoin with Credit Card

With CoinSmart you can instantly fund your account with your credit card (up to 6% fees) and make your trades.

Purchase Dogecoin with Bank Transfer

Fund your account with ease via bank wire transfer, bank draft, and Interac e transfer. Receive your funds on the same day and buy DOGE.

Purchase Dogecoin with Other Cryptos

Use SmartTrade to convert one of your other cryptos to DOGE in one step. SmartTrade allows you to instantly buy and sell dogecoin and other cryptocurrencies.

Why Buy DOGE
on Coinsmart?

Trade safely with our powerful security

CoinSmart utilizes world-class cybersecurity to provide the best and safest trading environment for our users. The vast majority of the digital assets are securely held in cold storage crypto wallets. CoinSmart users need to use Google 2FA and Email Withdrawal Confirmations to access their accounts.

Jargon-free,
Complication-Free

CoinSmart has the most user-friendly and simple-to-understand interface in the market. CoinSmart is the perfect starting point if you are new to crypto, thanks to its 24X7 client service and jargon-free approach.

Buy Dogecoin on the go

Download the CoinSmart mobile app and invest in Dogecoin and other cryptos anytime, anywhere. The app is available on both iOS and Google Play Store.

Made with <3 in Canada

CoinSmart is proudly Canadian. We want to create the ideal crypto platform for our users in Canada, Europe, and beyond. To provide a safe environment for our users, CoinSmart has worked closely with the Ontario Securities Commission (OSC) to obtain the license as a restricted dealer. In simple terms, we are legally obliged to operate transparently and ethically.

About Coinsmart

Regulation First

CoinSmart believes that the growth of the crypto economy lies in “trust agents.” The purpose of these agents is to bridge the gap between the crypto world, the regulators, and the users. CoinSmart has taken a regulation-first approach to make cryptocurrencies as accessible as possible.

Commitment to Transparency

Being a public company, CoinSmart is legally obligated to release periodic financial reports. The financial reports are published on both CoinSmart’s website and SEDAR. As a user, you can be at ease knowing that your funds are completely safe with the company, and you can keep track of any and all operational expenses.

A Powerhouse Team

CoinSmart is led by a fantastic group of individuals with diverse skill sets. The company also has an impressive board of directors, including a “Top 40 Under 40” recipient, a founding member of the “Women General Counsel Canada” (WGCC), and the SVP of a multi-billion dollar company. The team is working 24X7 to offer dogecoin and other major cryptocurrencies to its users.

CoinSmart
Reviews &
Testimonials

“The Coinsmart staff has been very helpful and assisted me when I had any issues. They answered all my questions and resolved any problems that I encountered! This has been a great support as a newbie in this space.”

– The Green Talk

“Very impressed that I got live customer support at 2 AM! They were very helpful and even told me about some new features coming to CoinSmart. I will recommend CoinSmart to all my friends. Keep up the great work!”

– Hayley

“I use CoinSmart as my primary exchange. It’s got a nice layout, it’s easy to navigate, the verification process was quick and easy and I was able to fund my count without issues afterward. I had a couple of questions and they were very informative in answering them. The customer support even reminded me of their referral options which have ended making me a little extra cash to play with.”

– Brandyn Funk