Dogecoin trading in 2021: How to get a Dogecoin in your pocket

History of Dogecoin

Dogecoin began as a joke made in 2013 by its creator Jackson Palmer. Programmer Billy Markus then worked with Palmer in less than two weeks to bring the coin to life. The coin was launched on December 6, 2013, by Palmer and Markus. Two weeks after the 19th of December, Dogecoin’s value increased 300%, perhaps because of China’s banking on cryptocurrency investment.

How can I trade Dogecoin?

DogeUSD is a separate crypto-currency that has a Shiba Inu Dog, born out of the popular Dog Meme. Through trading derivatives such as CFDs, traders can either purchase or gain exposure to price movement.

Dogecoin (DOGE) can be traded through:

Exchanges: Purchase or sell Dogecoin using either your national currency or cryptocurrency.

Online brokers: Purchase CFD, future, or forex from online brokers to make assumptions if cryptocurrency prices will rise or fall.

Where can I buy Dogecoin?

On exchanging cryptocurrencies like Binance or Kraken, you can buy Dogecoin. The exchange of cryptocurrencies requires setting up an account with DogeUSD. Thus, by following the steps, you can buy Dogecoin and exchange it.

Dogecoin at crypto exchanges

Most traders use coinbase to purchase Doge on an exchange. It means purchasing and stored in a virtual baggage cryptocurrency with the paper money. Coinbase is available in 40+ countries and is one of the best-known exchanges worldwide and one of the easiest ways to start with cryptography. Although this approach is common, it is not risk-free, and you have to research yourself and select a good exchange.

How to manage dogecoin?

You must learn to exchange and keep your computer safe to manage your dogecoin. To protect you from data theft, viruses, and another risk, you must take extra precautions. You must also monitor your wallet access codes very carefully.

When you misplace them, you can’t access the DOGEUSD coin in a wallet.

In addition, there are risks you don’t control. Whenever a bill is used, you should rely on it to protect your DOGE. The problem is that they do not do it correctly sometimes.

Reasons to trade Dogecoins

There are some common predominant reasons why some choose to trade Dogecoin while some don’t. Nowadays, the price of Dogecoin has become a boom.

  1. Dynamic inflation supply

2.Involved User base

3.Markable price fluctuations offer opportunities for day trading.

  1. DOGEUSD at looks for an opportunity to buy and make some decent profit for weeks and months to come.

How to buy Dogecoin in India?

You have to set up your account in crypto exchanges supporting Dogecoin if you want to purchase Dogecoin in India. The user can purchase, sell or trade cryptocurrencies using a cryptocurrency exchange.