How to Buy Dogecoin (DOGE)
2021-04-30 08:01:07 UTC
77425 Read
Dogecoin is a peer-to-peer and open-source digital currency that’s
similar to Bitcoin (BTC) and Litecoin (LTC). What started out as a joke
has grown into one of the most widely traded cryptocurrencies in the
world with a market capitalisation of USD$10 billion as of February
2021.
Key question
What’s the difference between Bitcoin and Dogecoin?
Unlike Bitcoin, that has a maximum supply of 21 million (a figure that
is estimated to be reached by 2040), Dogecoin numbers do not have a
maximum supply limit, and there are already more than 100 billion in
existence.
Today’s Dogecoin price
Where can I buy DOGE?
There are a number of ways to buy DOGE. However, the easiest way to buy DOGE is through a trusted global exchange like Gate.io.
Aside
from offering the lowest fees in the industry, We are a tier 1 crypto
exchange with a 24 hour trading volume of around $500m, ranked 4th on
CoinGecko with a trust score of 10. We have been around since 2013 and
are one of the oldest exchanges in the market.
How to buy DOGE on Gate.io
1.Create an account on Gate.io
Get instantly verified with Gate.io streamlined verification process
2.Buy DOGE
First,
you will need to fund your Gate.io with mainstream cryptocurrency of
your choice account. Once your account is funded , you can head over to
the exchange and purchase DOGE, that's it. After you start trading on
Gate.io, automatic VIP discounts, based on your trading volumes will
reduce the fees to the lowest in the industry.
3.Invest in DOGE
On
Gate.io you may trade DOGE with Margin accounts and Quantitative
strategies. You may also deal with DODGE derivatives such as Perpetual
contract and ETFs
PS: If
you are new to this you need to understand that cryptocurrency trading
is risky and it is your responsibility to manage your risk accoridingly.
We will request personal information when signing up as part of our KYC
process, much the same way that a bank would ask when you open an
account with them.
What can i do with doge?
1.Leverage
Gate.io
provides leverage service that enables you to get a much larger
exposure to market. Leveraged products, such as dogecoin, magnify your
potential profit – but also your potential loss.
2.Quantitative trading
Gate.io
offers a quantitative trading platform that allows investors to trade
dogecoin or any other cryptocurrency with mathematical tools. Besides
using built-in strategies, you can also design your own quantitative
trading strategies.
3.Perpetual contract
Dogecoin
Perpetual contracts are available on Gate.io now. A perpetual contract
is a futures contract without expiration date or settlement. Perpetual
contract is an ideal tool for both hedging risk of the underlying asset
while making profits with right expectations.
4.ETF
There
are two ETFs based on dogecoin on Gate.io, three times short trading
ETF of dogecoin(DOGE3S) and three times long trading ETF of dogecoin
(DOGE3L). ETF allows investors to trade with high leverage without
paying the margin.
You can also
1.Use as a Store of Value: Investors are using DOGE as a store of value
2.Pay for Goods and Services: Use it as a currency to buy and sell goods and services
3.Tipping users on social media: Reward content creators for their great online creations
4.Better understand cryptocurrencies: Experiment with cryptocurrency without taking a large financial risk
Store/Hold DOGE
GateChain showcases a novel vault account structure, addressing the dangers of private key loss and theft
Start trading DOGE!
New registrants can get $1000USDT in crypto rewards
Buy DOGE > https://www.gate.io/en/trade/DOGE_USDT
Disclaimer:
Cryptocurrencies are speculative, complex and involve significant risks
– they are highly volatile and sensitive to secondary activity.
Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own
advice, before relying on this information. You should also verify the
nature of any product or service (including its legal status and
relevant regulatory requirements) and consult the relevant Regulators'
websites before making any decision.
Gate.io is an established exchange that holds integrity, transparency,
and fairness to a very high standard. We charge zero listing fees and
only choose quality and promising projects. Our exchange consists only
of 100% real trading volume. Thanks to everyone who has joined us in our
journey. We always intend to improve and innovate to reward our users
for their continuous support.
Gate.io Team
April 30, 2021
Get 40% of all referees' trading fees in the affiliate program at https://www.gate.io/referral
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