How To Buy Dogecoin (DOGE) On Coinbase | Coinbase Tutorial

Published: 29 July 2023
on channel: Cool Purple Media
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How To Buy Dogecoin (DOGE) On Coinbase | Coinbase Tutorial

To buy Dogecoin (DOGE) on Coinbase, you can follow these steps if it is available on the platform:

Sign up and create an account: Go to the Coinbase website (coinbase.com) or download the Coinbase app and sign up for an account. You will need to provide your email address, create a password, and complete the account verification process, which may include providing identification documents.

Complete identity verification (KYC): Coinbase is a regulated exchange and requires users to complete identity verification to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. Follow the instructions to verify your identity and link your bank account or credit/debit card for payment.

Deposit funds: After your identity is verified and your payment method is linked, you can deposit funds into your Coinbase account. You can deposit fiat currency (such as USD, CAD, EUR, etc.) from your bank account or use your linked credit/debit card.

Navigate to the "Buy/Sell" section: Once your account is funded, navigate to the "Buy/Sell" section on the Coinbase website or app.

Choose Dogecoin (DOGE): In the "Buy/Sell" section, choose Dogecoin (DOGE) from the list of available cryptocurrencies, if it is listed.

Select the amount: Enter the amount of Dogecoin (DOGE) you want to buy in either your local currency (e.g., USD, CAD) or the equivalent DOGE amount.

Review the details: Review the transaction details, including the purchase amount, fees, and the estimated time of arrival for your Dogecoin (DOGE).

Confirm the purchase: If everything looks correct, confirm the purchase to execute the buy order.

Securely store your Dogecoin (DOGE): Once the purchase is complete, your Dogecoin (DOGE) will be available in your Coinbase account. You can then choose to keep it on the exchange or transfer it to a secure wallet that you control for better security.

Please note that availability may vary by region and over time, and it's essential to check Coinbase's website or app for the most up-to-date information on available cryptocurrencies. Additionally, always use reputable exchanges and follow security best practices when buying and storing cryptocurrencies.


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