🔥 Buy Dogecoin Guide | Paypal, Credit Card & SEPA
The Dogecoin, started as a parody of the Bitcoin cryptocurrency, always comes into focus when it comes to choosing a digital currency to decide in which to invest in the long term. Because there may well be promising forecasts. But is it really advisable to invest in Dogecoin? And above all, the question arises of how to buy coins from the Dogecoin crypto currency. Since this is a currency that is only available on the Internet, access to the crypto market must first be established.
Buy Dogecoin from Germany, Austria & Switzerland Instructions:
Due to the fact that the low interest rate policy has made traditional savings products unusable, i.e. no income can be made with the savings book, the daily or fixed deposit account, interest in alternatives is increasing. Since the entire crypto market has been on an upswing for some time and is getting stronger, it may be understandable that there are more investors such as traders and savers, who want to invest their money in digital currencies. Even security-oriented investors and savers are already flirting with a crypto investment.
Provides access to the crypto market a crypto exchange and / or broker here. In this case it may be advisable to get the offer from Libertex to look more closely. Because Libertex is a broker that not only enables speculation with crypto currencies, but also offers the services of a classic crypto exchange. Thus, on the one hand, you can trade with stocks via Libertex, but on the other hand you can also place money on the further price movement of Bitcoin or buy coins of the crypto currency Dogecoin and in the internal Wallet store.
Libertex scores with a variety of options, so it can be advised to include Libertex in the course of a broker or crypto exchange comparison in order to get an overview of the offer and the conditions.
Incidentally, the Libertex service can be used in Germany, Austria and Switzerland. There are no regional differences or peculiarities that have to be taken into account. Libertex may also be one of the most popular and well-known providers in German-speaking countries.
Step 1: Register with Libertex
If you have made the decision to buy Dogecoin through the provider Libertex, you must first create an account. Registration only takes a few moments. Simply click on “Register” on the start page (in the upper right corner) and you will be redirected to the registration page.
Libertex now requires a few details from the new user - they must enter their first and last name and leave a valid email address and telephone number. At the end a password has to be generated. It should be noted that it is advisable to choose a password that not only consists of uppercase and lowercase letters, but also contains numbers such as special characters.
Step 2: Deposit with PayPal, credit card or instant transfer
Some exchanges like brokers only accept very few deposit methods. This means that in addition to the credit card, there is often only a bank transfer available as a second option. Libertex has opted for a completely different path here and offers a real variety. You can use the following deposit methods to transfer money to the Libertex account.
- Bank Transfer
- Credit card
PayPal in particular is not a matter of course. The online payment service may be growing in popularity, but there aren't many out there yet Brokers like exchanges that accept PayPal.
Depending on the chosen deposit method, the money is available either after a few moments in the Libertex account or after two to four working days at the latest.
Step 3: Buy and sell Dogecoin (DOGE)
Once the money has been posted to the Libertex account, you can now buy Dogecoin coins. To do this, the user has to click on “Kryptos” (upper part of the page) or can enter “Dogecoin” or “Doge” on the left side of the platform. Now Libertex presents the crypto currency and scores here with an overview of the statistics and charts. Thus, before the purchase process, you can take another look at the charts or, based on the statistics and developments, you can convince yourself again whether you want to buy Dogecoin or not.
There are two ways to buy Dogecoin: Either you enter the amount that should be invested and Libertex then calculates how many coins you would get for it, or you enter the number of coins that should be bought and Libertex calculates it based on the current price, how high the sum to be invested must be. The sales process works the same way - just in reverse order. This means that you either specify the number of coins to be sold and the credit, which is then transferred to the trading account, is displayed on the screen, or you specify the desired amount that you want to achieve through the sale and receive it from Libertex Information on how many coins would have to be sold for this.
But you can also opt for CFD trading. In this case, simply click on "X2" and the price will start speculating - including leverage. Anyone who opens a "long" position thinks the price of Dogecoin will rise. A “short” position means that you think the price is going down. In the course of CFD trading, no coins are bought and transferred to Libertex's internal wallet, but only speculated on the price. Since this is an extremely volatile market, caution is advised. Only freely available capital should be invested in the course of CFD trading.
Dogecoin (DOGE) buy deposit methods
If you want to buy Dogecoin via Libertex, you can choose from a wide variety of deposit methods. You can top up your Libertex account by bank transfer, but you can also use your credit card or use the services of Skrill such as Neteller and Klarna / Sofortüberweisung. As already mentioned, there is also the option of topping up the account with PayPal. Ultimately, it is therefore not necessary for the user to compromise on the payment method - there are so many options available here that the preferred option will certainly be there.
Buy Dogecoin (DOGE) PayPal
If you want to buy Dogecoin with PayPal, you need to a) find a provider who accepts PayPal, and you have to have enough credit in your PayPal account to be able to make a deposit. The advantage? The transfer takes place in real time. This means that the money is then immediately available in the trading account. Since Libertex accepts PayPal, a transfer via the online payment service is possible, provided that there is enough credit in the PayPal account.
Buy Dogecoin (DOGE) Sofortüberweisung
This is also the case if you consider the option of instant transfer. Here the transfer amount is debited directly from the bank account.
Dogecoin (DOGE) buy credit card
If you want to make a deposit with your credit card, you need to provide some credit card-specific data: the name of the credit card holder, the expiry date, the card number and the three-digit code on the back of the credit card.
Buy Dogecoin (DOGE) with Paysafecard
Libertex supports many deposit methods, but one would like to use the Paysafecard, it is necessary to choose another provider.
How to buy and sell Dogecoin
Is it possible to buy and sell coins of the Dogecoin crypto currency without registration or completely anonymously?
Buy Dogecoin without registration
Due to the fact that you need access to the crypto market, it is almost impossible to buy coins without registering.
Buy Dogecoin anonymously
So also when it comes to anonymity. You can buy Dogecoin anonymously, but you have to provide some personal data when registering with the broker or the stock exchange.
Buy Dogecoin without verification
A verification does not have to take place during registration, so that you can buy Dogecoin without verification. However, verification is required at the latest when you request the payout.
Where can you buy Dogecoin (DOGE) the cheapest: Crypto exchange fees comparison
Fees gnaw at the profits, so you should be careful to find a provider who offers relatively favorable conditions.
Buy Dogecoin or not: Is it worth buying Dogecoin
Due to the fact that the price of Dogecoin is still in the cent range and it is some interesting predictions out there or the crypto market will probably continue to gain strengthwe think about Bitcoin-News.onethat it is advisable to invest in Dogecoin for the long term.
Other special features of the Dogecoin (DOGE) purchase
On December 8, 2013, the cryptocurrency Dogecoin was launched. At first it was a parody of Bitcoin. But the Dogecoin suddenly grew faster than expected, so that the price could climb properly within the first 14 days. On December 19, 2013, just a few days after the Dogecoin saw the light of day, the cryptocurrency was ranked 9th in terms of market capitalization. At that time, Dogecoin was in the range of 8,79 million US dollars with a market capitalization.
Another price increase followed on January 19, 2014: The community decided to allow the Jamaican bobsleigh team to take part in the Olympic Games and collected US $ 30.000. Dogecoin also increased its market capitalization and rose to over 51 million US dollars - on January 31, it climbed to 5th place, as it was already over 61 million US dollars.
At the end of 2020 and beginning of 2021, Elon Musk caused a sudden increase in the price of Dogecoin. Because Musk announced on Twitter that he was a fan of this crypto currency. Only because of this announcement, the price of the Dogecoin rose from 0,007 US dollars to 0,083 US dollars (new all-time high; set on February 8, 2021).
The crypto currency Dogecoin relies on scrypt in the Proof of Work algorithm - just like the crypto currency Litecoin. But there is a difference between Dogecoin and Litecoin. If a new block is created at Litecoin, it is currently 2 1/2 minutes - to create a new block at Dogecoin, just 60 seconds are required. There are also differences in the number of coins available: While Litecoin can only mine 84 million coins, Dogecoin was designed for 100 billion coins; on February 2, 2014, Jackson Palmer, the man behind Dogecoin, announced that there would be no more limit.
Buy Dogecoin Conclusion: This is the best way to buy Dogecoin
All those who are looking for an alternative to Bitcoin and Co. should definitely take a look at the crypto currency Dogecoin. Ultimately, this may be a digital currency that should not be underestimated and that is currently available at a very affordable price. And since one can assume that the crypto market can continue to grow, the price of Dogecoin will probably rise over time.