What App Can I Buy Dogecoin

Dogecoin is anybody’due south favorite meme coin (especially Elon Musk), and had all the hype in 2021.

Let’southward take a quick swoop into its history.

Dogecoin was created by software engineers Billy Markus and Jackson Palmer as a joke to make fun of Bitcoin and other cryptocurrencies with grandiose plans of changing the world with their hopes and promises. The coin’s
mascot,
as I guess we could telephone call, it features the Shiba Inu dog, which you’ve probably seen in memes across Instagram and Twitter.

Although it all started as a joke, Reddit’s online community took Dogecoin to a whole other level. At the time, Dogecoin.com  promised the world a “fun and friendly internet currency.” However, people began to look at Dogecoin through the lens of serious investment prospect with its
marketplace cap
reaching
$85 billion
on May five, 2021. Equally of May 24, 2022, Dogecoin’southward marketplace cap is even so $11 billion, even with markets hit a downwards screw.

So where and how exactly do you get a hold or “hodl” of this memefied cryptocurrency? Well, we had to go to the place where it all started –  Reddit.

1. Robinhood

Reddit has mentioned Robinhood equally one of the places to buy dogecoin. Some concerns around buying crypto on Robinhood include non being able to transfer crypto easily in and out of Robinhood. Some comments likewise mention that Robinhood holds one third of dogecoin in circulation. While some folks are bothered by ownership coins without a wallet, others are just indifferent, specially when information technology comes to owning pocket-size amounts of the memeified crypto currency.

2. Okcoin

Okcoin is another platform named in the Reddit comments, mainly by those who are trying to movement away from Robinhood. According to its website, Okcoin is a globally licensed commutation with offices in San Francisco, Miami, Malta, Hong Kong, Singapore and Japan.

3. Binance

Redditers have listed Binance as another go-to for ownership dogecoin. In terms of trading volume, Binance is the largest substitution in the earth. Even so, there seems to exist some dissatisfaction among doge fanatics. Comments allege dogecoin on Binance may not exist the real bargain and are pegged to a dogecoin-related token.

4. Coinbase Pro

In the Dogecoin Reddit universe, there are several mentions of Coinbase Pro.  Coinbase Pro is mainly for advanced crypto traders with complex tools and additional technical insights. Discussions eye around the “lower fees” on Coinbase Pro, and well of course
buying the dip.

v. Gemini

Gemini is a cryptocurrency exchange and custodian that allows customers to buy, sell, and store digital assets. It is a New York trust company that is regulated past the New York Country Department of Financial Services and was founded in 2014 past Cameron and Tyler Winklevoss. It’s a popular selection amongst redditers.

ALINEA

Investing in cryptocurrencies can be
stressful
and
overwhelming, and with a meme-driven coin at that place’southward additional volatility to take into business relationship. Alinea was founded on the belief that the next generation should invest in what they care almost for the long term. If you believe in the power of cryptocurrencies, but don’t desire to have on the risk of going all in on one cryptocurrency -you can invest in a
playlist
on the Alinea app and reduce your gamble past investing across multiple cryptocurrencies and stocks through the Universal Crypto Playlist or others you tin can create yourself.

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(i) Disclaimer

The Content is for informational purposes simply, you should not consider any such information or other material as investment, financial, or other advice. Goose egg contained on our Site constitutes a solicitation, recommendation, endorsement, or offering by Alinea Invest or any third political party service provider to purchase or sell any securities or other financial instruments in this or in whatever other jurisdiction. When investing your capital is at risk.

Source: https://www.alinea-invest.com/blog/top-5-apps-to-buy-dogecoin-according-to-reddit

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