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Dogecoin was originally developed on the basis of an idea of a joke to show how sudden fluctuations in the cryptocurrency market affect people. It was initially released in 2013. The logo of Doge coin is built upon the face of the Shiba Inu dog from the Doge meme and it developed a good community over the past few years. Dogecoin reached the market capitalization of $85,314,347,523 in 2021 when a tweet made by Elon Musk boosted Dogecoin’s value. In this article, we will tell you how to invest Dogecoin in different countries.
How to buy dogecoin?
One can simply buy dogecoin from different cryptocurrency exchanges such as Binance, Bitfinex. Or if you want to buy doge coin directly from someone else, you can do the transaction with the given keys. Then store your Doge coin into the Doge coin’s trust wallet which is a secure and user-friendly mobile application.
How to buy Dogecoin in Singapore?
There are different cryptocurrency exchanges that let you buy Dogecoin directly from SGD in Singapore. Investors can buy Doge coin in Singapore through Gemini, Coin Hako, Tokenize, etc. As some of these exchanges may charge in fee and some only offer you to trade Doge coin. Coin Hako, Gemini, etc. and other exchanges like these let you buy Dogecoin instantly rather than trading.
How to buy Dogecoin in India?
In India, one can buy Dogecoin simply through a Credit/Debit card. There is also an option for e-wallets and platforms through which people can buy Doge coin. Investors can purchase dogecoin through different e-wallets and exchanges such as WazirX, BuyUCoin, Coin Switch, etc. People can also buy Dogecoin through USDT if they have any or any other cryptocurrency through exchanges like Binance, Bitfinex, etc. in India.
How to buy Dogecoin in UK?
It is very easy to buy Dogecoin in the UK. There are a number of options for people through which they can buy Dogecoin easily without any hassle. One could buy Dogecoin through broker exchanges such as Indacoin, Changelly, Coinbase, Etoro, etc. All of these exchanges require an account and a valid payment method. There is no such ban on cryptocurrencies in the UK as it is not being regulated currently. People can buy from different exchanges and can also buy from other cryptocurrencies if they already have any.
How to Buy Dogecoin in Canada?
Canada has been at the forefront when it comes to adopting cryptocurrencies and blockchain networks. Cryptocurrencies are legal in Canada as recently, they have started live crypto trading through Toronto Stock Exchange. Different exchanges such as Binance and Gemini allow people to buy Dogecoin through their platform while providing flexibility in terms of payment options such as Credit/Debit Card, Bank Transfer, etc. Fee structures vary from exchange to exchange.
How to Buy Dogecoin in USA?
In the United States, the Bank Secrecy Act (BSA) takes charge of the regulation of cryptocurrencies. The process of buying Dogecoin in the USA is similar to that of Canada, but with more regulations. Some exchanges allow Non-Residents living in the USA to buy cryptocurrencies while staying in the USA. US Binance Exchange, Coinbase, Gemini, and many other exchanges provide the ability for users to buy Dogecoin through them.
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To sum it up, we could say that some exchanges that are almost universal to every country such as Binance and Coinbase. Some countries have their own regulations and rules for cryptocurrencies. Dogecoin has become very popular and valuable in the last few months. The cryptocurrency which started as a joke has generated a large amount of market cap and is still growing. If you are looking to buy some of the Doge coin, you can always follow the above information to start.