How to Buy Dogecoin In The USA

How to Buy Dogecoin In The USA
Published on

The USA is highly interested to purchase Dogecoin through exchange platforms for profit

This beginner's guide explains how to buy Dogecoin in the USA with a regulated exchange and low fees.

Based in the US and looking to buy Dogecoin? If so, there are many regulated crypto exchanges in the USA to choose from. most of which give you access to the best crypto assets including DOGE. But how do you know whether Dogecoin is a good investment, and which exchange is best for you?

This guide will discuss how to invest in Dogecoin crypto in the USA in detail, exploring the meme coin's features and value potential, before highlighting how you can purchase Dogecoin today – with low trading fees.

Virtual currencies are highly volatile. Your capital is at risk.

How to Buy Dogecoin in the US – Quick Steps

When learning how to buy Dogecoin in the USA, you will quickly realize that the process is simple when using a regulated and user-friendly Crypto platform.

The four quick steps below will show you how to buy Dogecoin in a matter of 3 minutes using one of the top exchanges in the US.

Follow the quick steps outlined below to buy DOGE crypto in the USA right now:

  • Step 1: Open an Account – Visit etoro website and open an account
  • Step 2: Deposit Money – Deposit a minimum of $10.
  • Step 3: Search for Dogecoin – Type in DOGE or Dogecoin and click 'Trade'.
  • Step 4: Buy Dogecoin in the USA – Enter your investment and click 'Open Trade'.

And that's it – you have just learned how to buy Dogecoin with a US-regulated exchange.

Virtual currencies are highly volatile. Your capital is at risk.

Where to Buy Dogecoin USA in 2022

Are you researching where to buy Dogecoin in the US? You're in the right place. In this guide, we will inform you about the best places to buy DOGE. There are many online exchanges and places that list this popular meme coin.

It's extremely important to deal with exchanges and platforms that are fully regulated in the USA. You should also look at the best-accepted deposit methods and offering fees and buy other top cryptocurrencies as well. This means that you'll be able to find the best cryptocurrencies to buy like Bitcoin, Solana, Ethereum or Shiba Inu with low fees and easily processed steps.

Dogecoin is now one of the best cryptocurrencies today, given the support of Elon Musk. The popular meme coin has experienced rapid growth over the past few weeks, growing to reach a market cap of over 17 billion dollars. Dogecoin is a crypto asset that has been able to rise a whopping 40000% since 2020.

With Dogecoin experiencing such high growth since 2020, it has become a popular coin. Therefore, it is available on most US crypto exchanges. It is important that investors choose the right exchange for them, as they all vary in fees, functions, and ease of use.

We have researched a list of our top 3 best exchanges to buy Dogecoin with:

1. eToro – Our overall best US exchange to buy Dogecoin

2. Crypto.com – Earn cashback on Dogecoin when using the Crypto.com card

3. Binance – Trade Dogecoin on the world's largest exchange

Virtual currencies are highly volatile. Your capital is at risk.

Where to Buy Dogecoin – Top US Exchanges Reviewed

Now we have outlined our top 3 best places in the USA to buy Dogecoin, let's take a deeper dive into each. We will cover some of the basic information about each platform, including the fees, ease of use, and pros and cons of each.

1. eToro 

eToro is overall the best place to buy Dogecoin in the USA. The popular Platform is authorized and regulated in the USA by FINRA, making it ideal to buy Dogecoin. You can deposit from as little as $10 via bank transfer, Paypal, credit and debit cards, e-wallets Skrill and Neteller, and more – its range of supported deposit methods are larger than other popular crypto platforms.

Forbes publishing has rated eToro as one of the top crypto platforms in the USA 2022. It also achieved a milestone of over 22 million retail clients in March 2022. Apart from cryptocurrencies offering, the platform also offers US and European stocks, trading forex pairs, commodities, and ETFs which are also available on the eToro exchange.

eToro also offers copy trading and copy investing smart portfolio features, so if you're a beginner you can opt to replicate the buys, trades, and portfolio allocation of more experienced traders and investors with a high return on investment in the last few years. Simply use the eToro social trading feature to find professional Dogecoin investors with good feedback.

Virtual currencies are highly volatile. Your capital is at risk.

2. Binance 

Another popular crypto platform where you can buy Dogecoin in the USA is Binance. The platform has the largest trading volume among all trading platforms across the world. It offers a variety of crypto assets for investors including 650+ crypto-to-crypto and fiat-to-crypto currency pairs.

You can open an account Binance exchange by visiting the site or downloading the app. You will need to verify your crypto trading account by providing a valid form of ID. If you need any help during opening the account steps, then you can contact Binance's customer support online or through live chat.

3. Coinbase 

Our final best place to buy Dogecoin crypto in the USA is Coinbase. With over 32 million users, it has solidified itself as a well-known and good exchange to buy and trade crypto assets, including DOGE. It has over 100 crypto assets for traders and investors to choose from. In addition to this, it is available on smartphones and desktops and is quick and easy to set up on each of those online platforms.

The fees to buy Dogecoin and 200+ other cryptos are 0.1% or lower if you trade very high volume. Coinbase is the largest crypto exchange in terms of the number of online users. It offers a user-friendly experience and a simple exchange, Coinbase Pro, to which users can log in with the same credentials.

Virtual currencies are highly volatile. Your capital is at risk.

Don't want to miss out on this high-growth crypto opportunity? Then read on for the rest of the article on how to buy Dogecoin In the USA. We have covered so far the best places to buy DOGE. In the coming sections, we will cover its price, Dogecoin price prediction and forecasts, the key benefits of investing in Dogecoin today, and finally a step-by-step guide on how to buy Dogecoin through eToro.

Dogecoin Price Analysis 

Dogecoin price declined 75% from its all-time high of $0.740 and formed a low level at $0.14 in late April. However, the technical formation forecasts a 78% upside to $0.255, which is obtained by adding the distance between the first swing high and swing low to the breakout point.

Roger Ver is a leading crypto analyst and popular expert in the crypto community as often called "Bitcoin Jesus." The analyst recently returned to social media and shared his thoughts on Dogecoin. The analyst believes Dogecoin is superior to Bitcoin since the billionaire CEO of Tesla, a renowned proponent of DOGE, recently acquired Twitter.

Ver believes DOGE could find utility in Twitter. Interestingly, Ver believes Dogecoin is superior to Bitcoin and other cryptocurrencies.

The Dogecoin market continues to be bullish as the cryptocurrency continues its rally, setting a new all-time high of $19, and inching closer to $20.

Dogecoin Price Predictions

According to Dogecoin price prediction, DOGE meme coin will reach $0.84 by the end of 2022, increasing to $1.21 by the end of 2023 and $3.0.9 by the end of 2025. Dogecoin will then be valued at $6.67 in 2027, and $12.30 in 2030.

If you've ever wondered 'is Dogecoin a good investment?' Read on, experts have got answers. We'll be exploring some of the latest DOGE price predictions to see how much the popular meme crypto will be worth between 2022 and 2030.

So, what is Dogecoin expected to reach? All in all, Dogecoin's prospects are looking exceptionally promising. Here are some of the milestones Dogecoin will hit by the end of 2030 according to experts' forecasts.

  • End of 2022: Dogecoin is expected to smash past $1 to hit a new all-time high of $1.04.
  • End of 2025: A significant increase is detected as Dogecoin speeds up adoption, taking Dogecoin to $3.70 at the highest in 2025.
  • End of 2030: DOGE could be well and truly passed by 2030 as Dogecoin targets a high of $13.30.

Bullish sentiment will carry Dogecoin price prediction to the $1 mark for the first time in 2022 passing its previous all-time high. DOGE top price will be $1.04, and it will refuse to decline lower than $0.093. Short-term Dogecoin price prediction also sees an average price of $0.84.

At the start of 2023, Dogecoin's price prediction will be worth $0.94 and DOGE will rise to $1.41 by the end of the year. During this time, the max short-term Dogecoin prediction is $1.56, and the minimum prediction is $0.59. A Dogecoin average price of $1.28 is predicted for 2023.

Long-term Dogecoin price predictions foresee an average of $2.64 in 2025, a high of $3.90, and a low of $1.93. Ending 2025 at $3.30, the meme coin would have increased 1,793% from today's price.

As long as Dogecoin's community remains highly active and continues to grow, DOGE will likely remain safe. Dogecoin price predictions remain highly positive on the crypto asset from now till the 2030 ends which is very good news for long-term investors.

Virtual currencies are highly volatile. Your capital is at risk.

Will Dogecoin Go Up? 

Yes, Based on the long-term price prediction and forecasts Dogecoin will rise in value in the coming years. As Dogecoin's popularity continues to grow, it seems likely that the price of DOGE will go up. The hype around this popular meme crypto has fuelled a huge demand for the crypto coin.

What will Dogecoin be worth in 2025?

The Dogecoin price prediction for the end of 2025 estimates that the meme coin could reach $2.50. This would represent an increase of over 1700% from the current DOGE price.

What will Dogecoin be worth in 2030?

Based on the long-term price prediction and forecasts, Dogecoin is predicted to hit the $12 mark by the very end of 2030.

How to Buy Dogecoin in the USA – Step by Step 

Before rounding off this guide on how to buy Dogecoin, it's essential to discuss the trading process. Much like when you invest in XRP or Shiba Inu, buying Dogecoin involves creating an account with a regulated exchange in the US.

With that in mind, the five simple steps below will walk you through the investment process on how to buy Dogecoin USA with eToro.

Step 1: Open an Account

Opening an account with eToro is the first step to buying Dogecoin. Simply go to eToro's website and click on the "Join Now" tab at the top

Virtual currencies are highly volatile. Your capital is at risk.

Step 2: Verify your Account

The second step to buying DOGE on eToro is to verify your crypto account. To comply with US regulatory laws, eToro requires you to upload certain documents to verify your identity. These docs include:

  • Passport or Driver's license or national ID card
  • Utility bill/ bank account statement with the last 3 months' details (for proof of address)
Step 3: Deposit Funds

Deposit funds in your eToro account to buy Dogecoin. The deposit methods include –

  • Debit/credit card (Visa, Maestro, MasterCard)
  • Paypal
  • Bank transfer
  • Neteller
  • Skrill
Step 4: Search "DOGE"

Once the deposits are done, you are ready to buy Dogecoin.

  • Search "DOGE" by typing it in the search box.
  • Once Dogecoin appears, click on the 'Trade' button.
Step 5: Buy Dogecoin
  • In the 'Amount' box, enter the Dogecoin stake you wish to buy. (Currently. the minimum trade is $10).
  • Click 'Open Trade' to complete buying your Dogecoin investment.

Within a few minutes, you can successfully open your eToro trading account to buy Dogecoin in the USA.

Virtual currencies are highly volatile. Your capital is at risk.

Should I Buy Dogecoin?

Many analysts and experts believe that Dogecoin is considered a good investment in comparison to other crypto assets. Despite the ups and downs in the meme coin price history of DOGE, analysts believe that Dogecoin's price will grow substantially over the short and long term.

Dogecoin is one of the best-performing digital currencies in recent years. Had you invested just $1,000 when the meme token was first listed on major exchanges in late 2020, you would now have more than $440,000. However, there is no guarantee that the value of DOGE will continue to rise in the same percentage gains, so make sure you do your own research.

Virtual currencies are highly volatile. Your capital is at risk.

Is Dogecoin A Good Investment Right Now?

Given the incredible trend that Dogecoin saw previously, you may be wondering whether DOGE crypto remains a good investment opportunity. Considering that, detailed below are reasons why you may still wish to invest in DOGE this year:

It goes without saying that Dogecoin price prediction still has big upside potential, given the meme coin's relatively fairly market cap. As noted by Coin Market Cap, DOGE's market cap is only $17bn, with a current price of only $0.13. Due to these factors, relatively minor price increases will result in huge returns for investors, which was evidenced in March 2021.

Put simply, Dogecoin is a good cryptocurrency to invest in, but it comes with a high risk. Only put the money you cannot afford the risk.

Virtual currencies are highly volatile. Your capital is at risk.

Buying Dogecoin USA – The Verdict

We have explained all the aspects involved in buying and selling Dogecoin in the USA. From the best exchanges available to the risks associated with investing in Dogecoin. This guide has given you all the specifics you need to know to make a proper decision before buying DOGE crypto.

When it comes to selecting the right exchange and platform to buy Dogecoin, eToro is our number 1 recommendation. The exchange is regulated by government bodys like the SEC in the USA,  FCA in the UK, and ASIC in Australia, which ensures its safety and security. Its user-friendly interface is an added advantage. The minimum deposit for US users is just $10 and you only pay the spreads for the DOGE purchase you make.

Virtual currencies are highly volatile. Your capital is at risk.

Disclaimer: The information posted in the article is for educational purposes only. By using this, you agree that the information does not constitute any investment or financial advice. Do conduct your own research and reach out to financial advisors before making any investment decisions.

Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp

                                                                                                       _____________                                             

Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

Related Stories

No stories found.
logo
Analytics Insight
www.analyticsinsight.net