Last Updated on February 7, 2021 by Serish | I Hated My Boss
If you’ve been going nuts on how and where the heck to buy Dogecoin (DOGE), I’m going to show you just how in this post.
Although there are various cryptocurrency exchanges offering Dogecoin for purchase, some restrictions and holds now apply due to this Reddit thread.
Thus, sending many users eager to grab a piece of this crypto pie- that was started as a joke, into a buying frenzy.
(Disclaimer: I am not a financial adviser and will not be held responsible for any losses or gains. My risk tolerance may be very different from yours. Please do your own research before making any moves in the stock market. Additionally, opinions are all mine and I am not affiliated with any of the companies mentioned).
Where to Buy Dogecoin (DOGE)
I wanted to add that I also created accounts for the following crypto exchange platforms,
However, Binance required a lengthy verification process, while the others waitlisted me.
(Update 2/7/21: I still haven’t been approved for either one of the above mentioned platforms).
Fortunately, the only platform that allowed me to purchase DOGE instantly, was the Blockfolio app.
It’s free and I’m going to walk you through the process.
How to Buy Dogecoin (DOGE) Right Away
To get started, you’ll need to install the Blockfolio app to your smartphone.
Step 1: Register for A Free Account
Select Invest in cryptocurrencies.
Then click Fund Your Account.
Create your Username and hit Next.
Now, enter your Email address and click Next.
Enter a strong Password and click Register.
From here, you’ll look for Dogecoin and click on it.
IMPORTANT: There are other cryptocurrencies with similar names, make sure it’s Dogecoin only.
Next, you’ll click Buy.
Enter the amount you wish to buy (I put $5 as an example).
Minimum amount is $1.
Then click Review.
Now you’ll choose your funding method.
At the time of writing, the Credit/Debit card option was disabled, so I chose Bank Transfer.
From here, click Continue.
Then you’ll Select your bank.
If you don’t see your bank listed, you can search for it.
After selecting your bank, enter your online banking credentials.
For the sake of this tutorial, I chose Chase bank.
Then hit Submit.
Once verified, you’ll be asked to complete your transaction.
And that’s it! You’ve just invested in Dogecoin!
If this tutorial was helpful, please help others by sharing.
Having trouble with the app? Drop me a comment below and I’ll try my best to help!
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