How to Trade Doge Crypto on Popular Cryptocurrency Exchanges?
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How to Trade Doge Crypto on Popular Cryptocurrency Exchanges?

How to Trade Doge Crypto on Popular Cryptocurrency Exchanges?

Created as a meme coin in the form of a lovely doggie, DOGE won the hearts of thousands of people worldwide. Despite originating as a jest, DOGE has garnered substantial attention and fostered a devoted following, earning commendations from prominent individuals like Elon Musk. Although its worth has encountered oscillations, DOGE has garnered renown for its dynamic online community and has emerged as one of the foremost cryptocurrencies in circulation.

Being one of the top coins in the market, DOGE is listed on all large crypto exchanges, with DOGE to USDT as the most popular pair. Today, it is traded at $0.072 (May 2023).

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Buying Cryptocurrency DOGE on Crypto Exchanges

Here are the general steps to trade Dogecoin on popular cryptocurrency exchanges:

  1. Choose an exchange. Select a reputable crypto exchange that offers Dogecoin trading. Some popular options include Binance, WhiteBIT, Kraken, and Bybit. Visit the exchange's website and create an account if you don't have one already. Complete any necessary verification processes as required by the exchange.
  2. Deposit Funds. Once your account is set up, deposit funds into your exchange wallet. Most exchanges support deposits in major cryptocurrencies as well as fiat currencies like USD or EUR. 
  3. Find the Dogecoin market. Navigate to the market or trading section of the exchange. Look for the Dogecoin trading pairs, usually listed as DOGE/BTC or DOGE/ETH, depending on the base currency.
  4. Place an order. There are different types of orders you can place, but the two common ones are market orders and limit orders. The first one means purchasing DOGE at the current price in the market; the second one implies you setting a limit price at which you are ready to buy DOGE.
  5. Execute the trade. Enter the amount of Dogecoin you plan to buy and review the order details. Double-check the price and quantity before finalizing the trade. Click on the “Buy” button to execute the trade.
  6. Check out your account – the coins should arrive in it in a couple of minutes.

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Please note that the availability of specific features and trading options may vary among different exchanges. Always refer to the instructions and guidelines provided by the exchange you choose to trade on.

Remember to stay updated on market trends, news, and developments in the cryptocurrency space. Visit the WhiteBIT profile to reach Dogecoin charts and place an order to buy or sell cryptos. Also, keep track of the latest news from the crypto industry on the WhiteBIT blog – articles, guides, tutorials, updates, quizzes and earning options, and new up-and-coming projects – are waiting for you there.

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