Many crypto investors wonder, “Where can I buy Dogecoin?” as the puppy-themed cryptocurrency soars to new heights. Dogecoin has dropped to $0.20 as of this writing, enticing to purchasers hoping to get some DOGE at a price.
Cryptocurrency is a hot topic, and it’s recently become one of the most popular crypto trading platforms. Is it, however, worthwhile? What’s the best way to get it? Here’s a quick review of what you need to know.
What exactly is a cryptocurrency?
According to Coinbase, cryptocurrencies are digital assets that you can use over the internet. It’s decentralised, which means it’s not run by a central authority like the government or a bank.
What is Dogecoin?
To mock Bitcoin, software programmers Billy Markus and Jackson Palmer created Dogecoin in 2013. Dogecoin was named after a popular meme figure – a Shiba Inu dog that talks in bad English – and it initially existed as a joke cryptocurrency that cost less than a penny.
Dogecoin’s market worth reached about $88 billion at one point, making it one of the top ten cryptocurrencies. It was originally established to mock those who invested in things they didn’t understand.
The joke coin, dubbed “the people’s crypto” by Elon Musk and backed by a caring community, skyrocketed in value in 2021.
How to buy dogecoin on coinbae?
Dogecoin, like all cryptocurrencies, is based on blockchain technology, more over how to buy dogecoin on Coinbase, Dogecoin holders have a replica of the blockchain ledger, which is constantly updated with new Dogecoin transactions.. You can use a cryptocurrency like Dogecoin to pay, buy, or invest. It is, nevertheless, one of the most volatile digital currencies available.
Dogecoin is now available on Coinbase
As of early June, Coinbase will be able to trade Dogecoin alongside other cryptocurrencies.
While there are a variety of crypto trading platforms available today, Coinbase stands out. It is one of todays most well-known and trustworthy digital currency exchange organisations, with a reputation for being the ideal trading platform for newcomers.
This is owing to its user-friendly and straightforward UI. Coinbase is also regarded for having great liquidity, a large range of cryptos to choose from, and excellent security. Traders can access the crypto market in two ways, based on their trading style.
Coinbase is a publicly-traded crypto exchange in the United States that provides excellent trading and investing options for newbies. Its one-click trading feature makes it simple to use for everyone. Coinbase Pro, on the other hand, is designed for more experienced traders.
As a result, it contains a plethora of information that educated traders may use. Coinbase Pro charges a fraction of what Coinbase does. However, one useful feature of Coinbase is that it allows you to learn about various cryptos while also rewarding you with cryptocurrency.
Both Coinbase and Coinbase Pro have the same intuitive and easy-to-use interface available on iOS and Android. Anyone who wants to invest or trade on Coinbase has a variety of solid, secure, and flexible options.