It’s important to do research and compare fees, security features, and supported currencies before choosing an exchange, as there are considerable differences between each one. In addition, you have to be mindful of your investment approach, crypto storage, and other aspects of buying and trading . Enjoy our special welcome offer and get up to $600 in trading free credit on Binance crypto exchange. In this article, we will provide a step-by-step guide on how to buy , including choosing an exchange platform, creating an account, making a purchase, storing crypto, and lastly, keeping track of your crypto investment. With this information, you’ll be armed with the knowledge and confidence required to start investing in .
The exchange has one of the world’s most impressive trading pair selections, with more than 250 supported coins and 440 trading pairs. KuCoin was backed by two giant traditional venture capitals when launching – IDG Capital and Matrix Partners. The exchange also announced a USD 20 million round A funding from them at the end of 2018.US-investors are not listed as prohibited from trading. If you are a US-investor, however, you should still always analyse yourself whether your home state imposes any obstacles for your foreign cryptocurrency trading.
You’ve just made your first crypto purchase. After you register on MEXC and successfully purchase first USDT or DC tokens, you can start trading derivatives such as Dogechain futures to gain higher income. MEXC provides multiple payment services, including Simplex, Banxa, Mercuryo etc.
Buying cryptocurrencies can seem daunting at first, especially for those who are new to the world of digital assets. However, with the right knowledge and tools, buying can be a very straightforward process that includes choosing a crypto exchange, creating an account, verifying it, adding funds, and making a purchase. Hardware wallet here is definitely a better option of cold wallets.
Create a free account on MEXC Crypto Exchange via website or the app to buy Dogechain Coin.
But we are not done yet, since DC is an altcoin we need to transfer our ETH to an exchange that DC can be traded, here we will use BitMart as our exchange. BitMart is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. But we are not done yet, since DC is an altcoin we need to transfer our ETH to an exchange that DC can be traded, here we will use Gate.io as our exchange. Gate.io is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs.
KuCoin is a cryptocurrency exchange based in the Seychelles (previously Hong Kong). Launched in September 2017, KuCoin claims to have 5 million users from over 200 countries and regions. Often known as the People’s Exchange, KuCoin now offers crypto-related services like crypto-to-crypto, fiat-to-crypto, futures trading, staking, lending and so forth.
How to Buy () Step-by-Step Guide
Make you getting the best spot trade to purchase Dogechain. You can buy on several cryptocurrency exchanges, including , , and . On the next screen, paste the wallet address from your clipboard, for security consideration you should always check if both addresses are matching.
While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees. Buy cryptocurrencies like DC quickly and securely. But we are not done yet, since DC is an altcoin we need to transfer our ETH to an exchange that DC can be traded, here we will use KuCoin as our exchange. KuCoin is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use the link below to register your new account.
Step 1: Register on Fiat-to-Crypto Exchange
Dogechain has two tokens, the wrapped DOGE (WDOGE) and Dogechain (DC). Dogechain (DC) is the second currency of the Dogechain ecosystem that will serve as a utility for incentives; all staking and governance incentives on the platform will be in Dogechain (DC). Wrapped DOGE (WDOGE) is used for gas on the chain. Launched in 2017, Livepeer is the first live video streaming network…
It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Ethereum network, during busy times it may take even longer. Now go back to BitMart and head to your exchange wallets, don’t worry if you haven’t seen your deposit here. Now go back to Gate.io and head to your exchange wallets, don’t worry if you haven’t seen your deposit here. Buy cryptocurrencies like Dogechain quickly and securely. On MEXC, you can buy cryptocurrency with a credit card or other payment method, or trade between various cryptocurrencies across markets, include spot and derivatives like futures, perpetual swaps and options.
Step 4: Deposit ETH to exchange
Launched in Apr 2018, MXC is a centralized cryptocurrency exchange registered in Seychelles. It supports CNY, VND, USD, GBP, EUR, AUD deposit, and CNY, VND withdrawal. As far as we can tell, US-investors may trade at MXC. It offers trading in 242 coins and has 374 trading pairs. They are currently no. 7 in terms of the most supported cryptocurrencies compared to other spot trading exchanges according to Coingecko.
- You’ve just made your first crypto purchase.
- Since we are now transferring our previously bought ETH on UpHold to this wallet, click on ‘Copy Address’ or right-click on the full address and click copy to grab this address to your clipboard.
- Both exchanges have their own fee policies and other features that we will go through in detail.
- In MEXC Learn, you will find step-by-step guides on how to successfully execute futures trades.
- KuCoin is a cryptocurrency exchange based in the Seychelles (previously Hong Kong).
Any US-investors interested in trading here should in any event form their own opinion on any issues arising from their citizenship or residency. Here you can either choose to provide a credit/debit card or use a bank transfer. You may be charged higher fees depending on your credit card company and the volatile prices when using cards but you will also make an instant purchase.
Where to Buy Dogechain
It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. Is after all a good place to go to buy Bitcoins when you can’t find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.
How to Buy Dogechain (DC) Guide
The bottom line is that what constitutes the best exchange hinges on your particular set of needs. With that in mind, let’s look at some of the best crypto exchanges in the market. Now go back to KuCoin and head to your exchange wallets, don’t worry if you haven’t seen your deposit here.
Clover is a DeFi marketplace that provides a cross-chain DeFi bridge and a port into the DeFi space. Intending users can visit the Dogechain bridge and automatically add Dogechain to their MetaMask Chrome extension or Clover. Metamask has a mobile wallet (iOS and Android) and a chrome extension wallet (desktop) version.
ApeCoin is an ERC-20 governance and utility token used within the [APE… We launch new and high-quality crypto projects efficiently with good liquidity. Click on the “Buy Crypto” link on the top left of the MEXC website navigation, which will show the available methods in your region. Collateralized lending in DeFi has exploded over the years, with the use of LP tokens, as one of the most… In an era defined by rapid technological advancements and evolving financial landscapes, the convergence of traditional finance and the crypto…
Dogechain has a semblance with the DOGE theme (dog and witty atmosphere) and aims to maintain the bar on DOGE’s community. Through the Dogechain token airdrop to DOGE holders, Dogechain will offer a minimal entry barrier and keep up with being fun and generous, giving community engagement to the early adopters. However, you can use marketplaces such as LocalBitcoins to first purchase ETH, and finish the rest of the steps by transferring your ETH to respective AltCoin exchanges. Some popular platforms for buying include , , and .
Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, UpHold is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn’t take more than 15 minutes to finish. You will have to first buy one of the major cryptocurrencies, in this case, Ethereum (ETH).
