How to buy Dogecoin with a credit & debit card in minutes?

 Being created as a joke, using a popular meme as its logo, the Dogecoin project didn’t even guess that the price of the native coin would ever rise by a thousand percent. Analytics still argue what was the true reason the DOGE coin skyrocketed in early 2021. Still, the global crypto community quickly caught up with the way of excitement about the DOGE spike and created a lot of buzz around the coin. So we can’t help but open our existing and future customers numerous options to buy, sell, trade, and exchange DOGE on a reliable crypto exchange & trading platform.

Coin overview: what is Dogecoin (DOGE)?

First of all, Dogecoin is a cryptocurrency and blockchain project. Just like other digital coins, DOGE used to perform fast decentralized transactions on the distributed ledger. However, there are several aspects that distinguish this cryptocurrency from other similar projects.

How it all started?

The idea behind Dogecoin was not something like crypto wisdom as the fastest transactions or innovative scalability approach. B. Markus, a programmer from the US, announced his theory that a lighthearted cryptocurrency associated with something like a joke could attract more people than Bitcoin did. Because, at that time, the last one was hardly understandable technology with a mysterious creator. Marcus found support in J. Palmer, an Adobe engineer who created the official website of the Dogecoin project.

Merged mining with Litecoin network

Dogecoin was launched as a Litecoin fork, using the same network with a famous cryptocurrency LTC. DOGE developers decided to adopt the model of merged mining. Thus, providing the same hash power as before merge, Litecoin miners can receive extra rewards in DOGE coins.

Where to buy DOGE coin: stock and crypto markets?

Since Dogecoin is a cryptocurrency, it is a digital asset and thus, can be traded on crypto markets only. When you trade on stock markets, you usually purchase the security that represents the ownership of part of a corporation's equity. On crypto markets, you don’t share your ownership of the digital coin you bought. You have your crypto wallet with virtual funds on it and can even use them to pay for goods and services. Say, if you obtain some Bitcoins, you can spend them for buying a car, a house, book tickets, etc. One more distinctive feature of cryptocurrencies is that you can exchange them quickly for hard cash, for instance, sell BTC for USD.

How to buy crypto?

Remember when you were abroad last time and exchanged your dollars or other currency that is your local, for foreign money? You came to the bank or exchange kiosk, found out the rate of exchange, gave your funds, and received approximately equal value in foreign banknotes. Buying crypto works similarly, but mostly online. You just need to find an exchange platform, open an account, link your card, and place buy orders.

Alternatively, you can find a crypto ATM. There are a lot of them in big cities like London or New York. However, get ready to keep the bill safe as it will contain your crypto wallet address where your digital coins are stored.

How to choose the crypto exchange?

You can have your own criteria regarding the convenience of crypto platforms. Some traders prefer extended price charts with tons of analytical instruments and API solutions for automated trading. While others choose an intuitive interface and familiar payment options. Still, first, you should pay attention to the security aspects and regulations the platform follows.

For instance, a crypto exchange operating in the United States or Great Britain should have a special license, legal permission to provide its services.

How CEX.IO secures your funds?

CEX.IO is a global crypto exchange with bank class security. The platform uses multi-level protection for customers accounts and funds:

  • SSL-encryption;
  • 2fa validation and Identity verification of every customer to prevent frauds;
  • Whitelisting of crypto addresses;
  • Cold storage for clients’ funds with multi-signature confirmation. More you can find on our blog.

CEX.IO licenses

CEX.IO is available in 193 countries worldwide and some of them require special certification in order to provide crypto-related services for their citizens. Besides, complying with regulations is a must to be able to implement multiple payment options for customers.

CEX.IO is registered as Money Services Businesses (MSB) with the FinCEN and has got Money Transmitter Licenses (MTLs) in 32 US states. So if you’re looking for the best way to buy DOGE online in the USA, you should definitely open an account with CEX.IO. Then you know that the company activity is regulated in your area and your funds are in a safe place.

How to buy Dogecoin (DOGE) for fiats with a debit card?

CEX.IO accepts both debit cards and credit cards that run on Visa or Mastercard systems. So you can use your debit card for fiat deposits or crypto purchases. Say, on the Buy/Sell page you can buy Ethereum with a debit card or credit card. Also, you can choose DOGE for purchase or any of the other 80+ supported cryptocurrencies.

Instantly buy crypto with your card

To buy DOGE or any other supported digital currency with your card, go to the Buy/Sell tab and choose the Buy option. Then, simply choose the currency, amount and enter your card details. If you have some fiats on your CEX.IO account, you can use them as well.

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