Where to buy Dogecoin today: top platforms to trade DOGE ‘stock’
- Dogecoin hits an all-time high price of over $0.10
- Some have speculated Elon Musk's favourite cryptocurrency could emulate success of Bitcoin
- Find out how to buy Dogecoin and where to buy Dogecoin on this page
In the last 24 hours, the price of Dogecoin has passed $0.10 to reach an all-time high. Some have even speculated that Elon Musk’s favourite altcoin could become the next Bitcoin, which would be extremely exciting for anyone who owns coins.
Because of its skyrocketing price, many investors have been wondering where to buy Dogecoin. With this in mind, this page helps you identify the best places to buy Dogecoin.
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If you would like to learn more about investing in Dogecoin before buying, make sure you check out our how to buy Dogecoin guide. It contains introductory information and a clear, step-by-step guide to help you invest in Dogecoin ‘stock.’
Keep reading to see our list of the best places to buy Dogecoin ‘stock’ today.
How & where to buy Dogecoin ‘stock’ right now
First things first, let’s clear something up. Both on social media and search engines, one of the most popular terms today has been ‘where to buy Dogecoin stock.’ However, Dogecoin is not a stock, and this is a common misconception. Dogecoin is actually a cryptocurrency, just like Bitcoin or Ethereum.
Now we have explained that, let’s get into what you’re here for: the best places to buy Dogecoin. If you want to buy Dogecoin now, your best option is a reliable crypto broker or a crypto exchange. These are slightly different types of platform, though they both let you open and close trades quickly, usually with low/no fees.
Our team of financial experts have spent extensive periods of time using different platforms, and we have concluded that the following 2 are the best places to buy Dogecoin.
With a clear, user-friendly interface, we loved Capital.com and many members of our team have made it their go-to for crypto investment. If you want to invest in Dogecoin quickly and easily, Capital.com could be a great choice. Get started by clicking the link below.
Cex is a leading crypto exchange that was established in London back in 2013. Over its 8-year lifespan, it has established itself as a good place to invest in Dogecoin. We are especially fans of its interface, which breaks the mould of a conventional exchange due to its bright colours and general user-friendliness. Sign up by clicking the link below.
If none of these options are quite what you are looking for, rest assured, we can help. We have reviews for many different crypto brokers and exchanges, so you can take your time and find one that suits your financial goals.
Moreover, if you feel you don’t quite know enough about investing in cryptocurrency to buy Dogecoin today, check out our introductory guide to cryptocurrency; it is a great place to get started.
What is Dogecoin?
Dogecoin (or Doge) is a cryptocurrency. It is primarily used for tipping content creators online, and it has also become increasingly popular with crypto traders in recent years. The name of the coin is derived from a famous internet meme called ‘Doge’ that features a Shiba Inu dog, which is why the fluffy animal features on Dogecoin’s logo.
It was founded in 2013 by software development pair, Billy Markus and Jackson Palmer. They had previously worked at both IBM and Adobe respectively, and they used this technological experience to create Dogecoin. It was originally intended as a joke about the accelerating popularity of altcoins, though it was also intended to be more accessible than Bitcoin.
The result is a coin that has attracted a large internet community, and at the head of this group is none other than Tesla’s persistently tweeting business mogul and self-described Technoking, Elon Musk. He has repeatedly endorsed Dogecoin, resulting in sharp rises in the coin’s price.
Will Dogecoin rise in value?
There are no guarantees, though the value of blockchain technology in the realm of decentralised finance has become obvious in the wake of Bitcoin’s success. Quite whether Dogecoin can emulate this remains in doubt, though with Elon Musk pushing it, anything seems possible.
It is difficult to conduct fundamental analysis on Dogecoin, and value investors may be left scratching their heads. However, for growth investors with an appetite for risk and reward in equal measure, investing in Dogecoin could be their winning lottery ticket.
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