How to Buy, Sell or Exchange Dogecoin (DOGE) at CoinSwitch

Are you a Dogecoin fan? Here is a beginner’s guide for all crypto enthusiasts interested to sell, buy or exchange Dogecoin on CoinSwitch.

First things first, what is Dogecoin?

Created by Billy Markus as a joke coin in 2013, Dogecoin was named after the Japanese Shibu dog which was a big meme then. Like Bitcoin, Doge was supposed to have a fixed supply of 100 billion coins but later it was decided that there would be limitless supply. There is a very strong community behind Dogecoin and they undertake a lot of charity and fundraising work. Twitter and Reddit use Doge to tip content creators.

How to buy Dogecoin on CoinSwitch

Before you even go on to CoinSwitch’s website, here are a couple things you should cross your bucket list.

  1. Have a dogecoin wallet: The best options are Ledger Nano S and Trezor for hardware but it is an investment. You can try free software wallets but understand the risks of having an online wallet before you make up your mind.
  2. Find your Doge wallet address: Once you buy Doge, you will need this to send the money to your wallet. The Doge address is a string of letters and numbers that starts with D.

The actual buying process is a little bit tricky. Since CoinSwitch does not allow you to buy Doge coin directly, you will have to buy Bitcoin first. There are other major coins like ETH and BCH that you can also buy.

Then you can perform a BTC to Doge exchange and store Doge in your wallet.

To do this, follow these steps:

  1. Choose the Buy with Credit Card option on the homepage. You can use your MasterCard or Visa credit card to make the purchase.
  2. Enter your BTC address
  3. Complete the transaction.
  4. Use the exchange on the site to convert BTC to Doge at the best exchange rates.
  5. Send Doge to your address.

If you would like to keep the BTC you buy on CoinSwitch instead of sending it your wallet, you will have to create an account on CoinSwitch.

How to sell Doge on CoinSwitch

Use the “Sell” option in your account to sell your Doge coins. You can integrate your Doge wallet with CoinSwitch. Most wallets can be easily integrated with CoinSwitch. Just check CoinSwitch’s recommended list of wallets that they have integration with and choose one from that list.

How to exchange Dogecoin (Doge) on CoinSwitch

Let’s say you want to perform a Doge to BTC exchange.

Check the exchange rate on the homepage. This is the best rate by default, Click on ‘View All Offers’ to see all possible rates. Some rates may fluctuate and some are locked in for the next 5 minutes.

You do not require to login to CoinSwitch for this so you maintain your privacy pretty easily. Once you enter your BTC wallet address, the transaction will begin processing.

P.S. – You can even scan your wallet address instead of typing it in.

The transaction typically takes minutes unless it’s a sizeable transaction.

Why CoinSwitch is the only Doge exchange you will ever need

Not many exchanges that support Doge so it is very difficult to find a reliable one. That is why CoinSwitch is the best. The world’s largest aggregator of all the exchanges in the world, CoinSwitch has no hidden fees, minimal trading and withdrawal fees.