How to buy Dogecoin (DOGE)

How to buy Dogecoin (DOGE)

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August 28, 2022
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Summary: The best and easiest way to invest in the cryptocurrency, Dogecoin (DOGE) is through Bybit. Bybit offers 0.1% fees when investing in DOGE plus free/instant fiat deposits.

Table of Contents

Where to buy Dogecoin (DOGE)?

Dogecoin is only available to purchase on major cryptocurrency exchanges that support memecoins and altcoins. It's not available to buy on cryptocurrency investing platforms that aren't established or offer limited tokens. Before investing in Dogecoin, it's important to make sure you're using a secure, licensed and regulated cryptocurrency exchange.

We recommend using the Bybit exchange to buy Dogecoin, it is the best futures trading exchange in the world and offers up to 100x leverage. On Bybit, not only can you buy the Dogecoin token, but you can also stake DOGE and earn high yields (returns) on your investment. To learn about the Bybit exchange, you can visit our Bybit Review.

Bybit Exchange.
Bybit Exchange.

How to buy Dogecoin (DOGE) with low fees

If you want to buy the cryptocurrency DOGE with low fees you will need to use the Bybit exchange. On Bybit you can invest in hundreds of tokens from just 0.1% trading fees. Follow the below steps to buy Dogecoin (DOGE) on Bybit.

  1. Sign up to Bybit, go to the 'Buy Crypto' tab and select the deposit you want to use.
  2. Once you have chosen your preferred method, deposit your funds to Bybit.
  3. Go to the 'Trade' tab and click 'Spot Trading'.
  4. Hover over the 'BTC/USDT' pair and type in doge.
  5. Enter the amount you would like to buy and tap 'Buy Doge'.
How to buy Dogecoin (DOGE) with low fees.
How to buy Dogecoin (DOGE) with low fees.

What is Dogecoin

Dogecoin (DOGE) is a cryptocurrency that was created in 2013 as a parody of Bitcoin. It features the Shiba Inu dog from the "Doge" meme as its logo and has become popular among crypto enthusiasts. Dogecoin has a relatively high supply of coins compared to other cryptocurrencies, and it's often used for tips or charity donations.

Dogecoin Home Page.
Dogecoin Home Page.

What deposit methods can I use to buy Dogecoin?

On Bybit, users can fund their account via multiple deposit methods for a many fiat currencies and cryptocurrencies. Refer to the list below for a break down of the deposit methods supported on Bybit and their corresponding fees.

  • Crypto Deposits: Free.
  • Express Deposits: 0.1% - 0.5% Fee, depending on what third party provider you use.
  • P2P Marketplace: Free.
  • Fiat Deposits: Free.
Supported Deposit Methods on Bybit.
Supported Deposit Methods on Bybit.

Is it expensive to buy Dogecoin?

This depends on what platform you use to buy Dogecoin with as every exchange charges different deposit and trading fees. Bybit offers some of the lowest trading fees globally, allowing users to invest in DOGE for just 0.1%. For a full breakdown of Bybits pricing, you can visit the Bybit Fees Schedule.

Dogecoin (DOGE) Live Price in USD

Below you can find the live price and chart of Dogecoin (DOGE) in US dollars.

Andrew Chen

Andrew Chen

Andrew Chen is a lead editor and auditor of content for Buy Bitcoin Bank, with a Masters of Computer Science and extensive knowledge in cryptocurrency and blockchain technology. He has helped ensure the accuracy and quality of the platform's educational resources for new and experienced investors in the crypto space.

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