Over the last couple of days, $DOGE has been on the rise…and I’m kicking myself for selling the over 10k that I used to have back when it was less than $0.04 each. Ugh! But hey, the price is still affordable, and I still like Dogecoin (even if it’s just for fun), so I plan to HODL until I can’t do it anymore. I’m not a cryptocurrency nerd. I’m also not a financial advisor of any kind. But I do like the Doge.
What is Dogecoin, anyway?
Dogecoin is a cryptocurrency, much like Bitcoin or Etherium…but more fun (and far less expensive to get into). Dogecoin was started as a joke, but lately there have been more businesses adopting it as a form of currency that they will accept. Add that with the random hype from Elon Musk and you get this:
The good news? You can still buy Dogecoin (or invest in it through a brokerage). Here’s how you can get in:
- Buy Dogecoin from a cryptocurrency exchange
- Invest in Doge through a stock brokerage
Invest in Doge With a Brokerage
This option is probably the fastest, easiest way to get into crypto investing, although it’s not for everyone. To join a service, you’ll have to hand over some info like SSN, birthdate, etc. That’s standard for a brokerage, and it is required by the federal government. That being said, once you set up your account, you can start investing.
Pro tip: if you join some of these, you’ll get free stocks that you can sell and use that money to invest in Dogecoin without having to add cash out of your pocket. 😉
Here’s a list of stock brokerages that allow you to invest in Dogecoin:
Exchanges That Sell Dogecoin
I’ll update this section as I find more, but here is a list of the cryptocurrency exchanges that sell actual Dogecoin that you can transfer to either a software wallet or a hardware wallet like the Trezor One cryptocurrency wallet.
- Coinbase (Okay, they aren’t selling $DOGE yet, but adding because it’s a good exchange to get others…and people are pressuring Coinbase to add Dogecoin).