Dogecoin has become a household name in the crypto world for its fun-loving, crypto-enabling community. And just like its peer, Bitcoin, it is becoming a more and more viable online payment method.
It’s a piece of internet history. Doge consisted of a picture of a Shiba Inu dog with multicolored photoshopped shining stars. It blew everyone’s minds when the words “such wow” came out of real-life wow remarks.
Since its creation, it has been one of the most popular altcoins in Canada. So whether you want to buy Doge cryptocurrency for its jokey exterior, its price, or simply to purchase with it, the following guide will show you how to buy Doge in Canada.
What Is Dogecoin?
Dogecoin is a cryptocurrency that was created in 2013. It is a fork of Litecoin and is named after the Shiba Inu meme. It has a supply of over 100 billion coins and is one of the most popular cryptocurrencies.
How to Buy Doge in Canada?
The Crypto Market in Canada is growing at an increasing rate. The number of Bitcoin ATMs has quadrupled in the past year and a half, and there are now over 100 of them across the country. But how do you buy Dogecoin in Canada?
There are a few ways. One is to find a Bitcoin ATM and use it to buy Bitcoin. Then, you can use digital exchanges. Finally, you can use a Doge wallet like DogeChain to store your Doge.
Whatever method you do, make sure you do your research before buying any Doge. The market is full of scams, and you don’t want to end up losing your money.
What Are the Currency Exchanges?
There are a few different ways to buy Doge in Canada, but the most common and easiest method is through a cryptocurrency exchange. The process is relatively simple and can be done through a few different exchanges. Once you have a Dogecoin wallet set up, you’ll need to find a reputable exchange that trades in the currency, specifically Dogecoin to CAD or vice versa.
Binance is the largest crypto exchange in the world. The app is designed to be simple and easy to use, with a user-friendly interface that makes it easy to navigate. The app allows users to buy Doge with Canadian dollars, and also to trade other currencies.
Similar to Binance, Crypto.com is based outside of Canada. But it offers more than 100 cryptocurrencies. It also allows staking and has its native coin, Crypto.org Coin or CRO.
Coinsquare is a Canadian digital currency exchange founded in 2014 and based in Toronto. It supports a variety of currencies including Doge.
Benefits of Buying Dogecoin
There are numerous benefits to buying Dogecoin in Canada, as the cryptocurrency market is expanding rapidly and offers many benefits over traditional fiat currency. It is a decentralized, peer-to-peer digital currency that enables users to send and receive funds without the need for a central authority.
It is also one of the most affordable coins on the market, which makes it an attractive option for investors. Additionally, its transactions are very fast and cheap, which makes it a great choice for online purchases.
Making the Most of the Crypto Market
The Dogecoin craze is in full swing, and if you’re looking to join in on the fun, you’ll need to know how to buy Doge in Canada. Fortunately, it’s pretty easy to do. Start your Dogecoin journey today!
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