Dogecoin: What is Dogecoin, How to Buy the Cryptocurrency Online.

 

Dogecoin: What is Dogecoin, How to Buy the Cryptocurrency Online in India.

                                                 

Dogecoin was founded in 2013, it was formed to introduce the concept of cryptocurrency. And it co-founder is Billy Markus.

Crypto currency boomed in India after the introduction of Bitcoin, Ethereum, dogecoin. Out of them Dogecoin register a huge growth as its value goes up,8 times of its price that was in April. Initially it was available for Rs 5 in April and by the time i am writing this article it went unto Rs 52, this is a tremendous growth.

Dogecoin was started as a meme cryptocurrency and because of social media, it has become one of the popular cryptocurrencies

on the planet. If you’re thinking about where to buy the cryptocurrency then you are at the right place. Read on to know more

about Dogecoin and how to purchase Dogecoins in India.

What is Dogecoin..?

Let's first understand what is a Dogecoin, Dogecoins is a meme currency, It is basically a coin which has a Face of Dog Shiba Inu, which is the popular DOGE meme.

Dogecoin become most famous cryptocurrency, all thanks to memes.

Popular celebrities like Elon Musk has also supported Doge and made a joke about it on his social media handle. 

How and Where you can Buy Dogecoins in India.?

To buy cryptocurrency you need crypto exchanges, So that user can buy or sell cryptocurrency. Crypto exchanges are

the apps or websites like Coinswitch Kuber, WazirX, CoinDCX which helps in crypto trading.

If you want to buy dogecoin, you can follow below steps and purchase the booming Cryptocurrency.

1. First, you need to go to the Google Play Store or Apple App Store on your smartphone.

2. Search for the above-mentioned app and download any one of the apps as per your research. (We recommend WazirX).

3. Once the app is downloaded and installed, launch it on your phone.

4. Now you need to set up your account by providing the necessary details.

5. You have to KYC your account and make sure to enable 2 Factor authentication.

6. Post KYC add your Bank Account and UPI details.

7. This will help you adding money to your app wallet for trading.  

Once you deposited money in your crypto exchange wallet account you can start selling and buying cryptocurrencies.

How and where to check Dogecoin price online.?

Cryptocurrencies are like stock market which keeps on fluctuating every throughout the day. You have to keep an eye on

Dogecoin graph all the time. to check the lattes pricing you can go to their crypto exchange like CCoinSwitch, WazirX, and more. You can also visit the head to this website and check for the real-time price of the Dogecoin.

Is It Legal to Buy Dogecoin Crypto in India?

Before 2018, Buying and trading crypto currencies was illegal in India, later the Supreme Court has decided to legalize.

the trading. Post 2018 the cryptocurrency trading become popular in the country and interested buyers have invested in crypto. So if you have a doubt that it’s legal or not then don’t worry because crypto trading is legal in the country.

Statement of Elon Musk about Dogecoin.

Elon Musk Calls Dogecoin the Future of Cryptocurrency, Yet Asks People to Invest With Caution.

For those who are not aware, Elon Musk is probably one of the biggest promoters of Dogecoin since the beginning of the year. His recent tweets have helped the cryptocurrency to reach a new high.