Gate.io Blog How to Buy Dogecoin （DOGE）

How to Buy Dogecoin （DOGE）

10 May 16:00

Dogecoin is a peer-to-peer and open-source digital currency that’s similar to Bitcoin (BTC) and Litecoin (LTC). What started out as a joke has grown into one of the most widely traded cryptocurrencies in the world with a market capitalisation of USD$10 billion as of February 2021.

Key question
What’s the difference between Bitcoin and Dogecoin？
Unlike Bitcoin, that has a maximum supply of 21 million (a figure that is estimated to be reached by 2040), Dogecoin numbers do not have a maximum supply limit, and there are already more than 100 billion in existence.

Where can I buy DOGE?

There are a number of ways to buy DOGE. However, the easiest way to buy DOGE is through a trusted global exchange like Gate.io.
Aside from offering the lowest fees in the industry, We are a tier 1 crypto exchange with a 24 hour trading volume of around $500m, ranked 4th on CoinGecko with a trust score of 10. We have been around since 2013 and are one of the oldest exchanges in the market.

How to buy DOGE on Gate.io

1.Create an account on Gate.io
Get instantly verified with Gate.io streamlined verification process

2.Buy DOGE
First, you will need to fund your Gate.io with mainstream cryptocurrency of your choice account. Once your account is funded , you can head over to the exchange and purchase DOGE, that's it. After you start trading on Gate.io, automatic VIP discounts, based on your trading volumes will reduce the fees to the lowest in the industry.

3.Invest in DOGE
On Gate.io you may trade DOGE with Margin accounts and Quantitative strategies. You may also deal with DODGE derivatives such as Perpetual contract and ETFs

PS： If you are new to this you need to understand that cryptocurrency trading is risky and it is your responsibility to manage your risk accoridingly. We will request personal information when signing up as part of our KYC process, much the same way that a bank would ask when you open an account with them.

What can i do with doge？

1.Leverage

Gate.io provides leverage service that enables you to get a much larger exposure to market. Leveraged products, such as dogecoin, magnify your potential profit – but also your potential loss.

2.Quantitative trading
Gate.io offers a quantitative trading platform that allows investors to trade dogecoin or any other cryptocurrency with mathematical tools. Besides using built-in strategies, you can also design your own quantitative trading strategies.

3.Perpetual contract
Dogecoin Perpetual contracts are available on Gate.io now. A perpetual contract is a futures contract without expiration date or settlement. Perpetual contract is an ideal tool for both hedging risk of the underlying asset while making profits with right expectations.

4.ETF
There are two ETFs based on dogecoin on Gate.io, three times short trading ETF of dogecoin(DOGE3S) and three times long trading ETF of dogecoin (DOGE3L). ETF allows investors to trade with high leverage without paying the margin.

You can also
1.Use as a Store of Value: Investors are using DOGE as a store of value
2.Pay for Goods and Services: Use it as a currency to buy and sell goods and services
3.Tipping users on social media: Reward content creators for their great online creations
4.Better understand cryptocurrencies: Experiment with cryptocurrency without taking a large financial risk

Store/Hold DOGE
GateChain showcases a novel vault account structure, addressing the dangers of private key loss and theft

Start trading DOGE！
New registrants can get $1000USDT in crypto rewards

Buy DOGE > https://www.gate.io/en/trade/DOGE_USDT

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision.

*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all other cases, legal action will be taken due to copyright infringement.

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