Best Services to Buy Dogecoin in Euro: Have you ever heard of Dogecoin (Doge, Ð), but do you know about Dogecoin (Doge) investments? Since its creation in 2013, Dogecoin has grown at its own pace. Although the cryptocurrency has been low-key, its latest results are a testament to its performance.
Dogecoin is one of the oldest cryptocurrencies in existence. Although it started out as a joke, it quickly gained a lot of popularity and a loyal community. Dogecoin has gained steadily this year, and it is easy to get hold of to invest when you know the right places.
We have compared for you the best services and brokers of 2019 to offer you a comparison and a step-by-step to learn how to buy Dogecoin. Follow the guide to buy it today with one of our 3 best services to buy Dogecoin in Euro.
How to Buy Dogecoin in 2021?
Dogecoin (Doge), what is it?
Dogecoin was created in December 2013 by Billy Markus, a programmer from Portland, Oregon. Originally billed as a joke cryptocurrency, Dogecoin (DOGE) has gained a large following online and is now a very popular currency. He is also well known for his logo inspired by a Shiba Inu dog.
You should know that the Dogecoin DOGE is closely related to Litecoin which appears in the TOP 5 virtual currencies in terms of market capitalization:
- Dogecoin uses the Luckycoin protocol which is based on Litecoin (it is a fork, that is to say a branch).
- DOGE tokens are issued at the same time as Litecoin coins.
The original plan was to limit Dogecoin to 100 billion coins. However, it was later decided that there would be unlimited supply of Dogecoins. In January 2014, Dogecoin's trading volume briefly exceeded that of Bitcoin and all other crypto currencies, but its market capitalization remained significantly lower than that of Bitcoin.
As of April 25, 2015 Dogecoin had a market capitalization of $ 13,5 million.
One of Dogecoin's biggest achievements is its passionate community, which has done a lot of fundraising. Notably, supporters raised funds to send the Jamaican bobsleigh team to the Sochi Winter Olympics as well as to sponsor NASCAR driver Josh Wise.
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Dogecoin is also used as a form of tip by the community on platforms such as Reddit et IRC.
Should I invest in Dogecoin?
Before looking for Wallets and the best services to buy Dogecoin, it is crucial to understand why invest and buy this virtual currency?
Billed as the fun and friendly currency of the Internet, the Dogecoin allows you to make fast and secure transactions, at a lower cost. Thanks to its decentralized system, this currency avoids being controlled by a single group, and is accessible to all.
Investments in Dogecoin appear in the list of purchases of most promising cryptocurrencies of 2018, and with good reason. It is one of the cryptos that best withstood the correction in cryptocurrency prices at the start of the year. A boon for traders and people who had decided to invest in Dogecoin!
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There are four good reasons to keep an eye on Dogecoin (DOGE) and own:
- Dogecoin is not sensitive to trends: If you have actively taken the crypto course then you must have realized that the rise and fall of DOGE prices are not determined by the hype or media. this is a real characteristic of a stable cryptocurrency!
- Affordable for newbies: It's no surprise that crypto investors continually seek out low-priced currencies that don't expose them to the risks associated with volatility. DOGE suits them perfectly. Thus, Dogecoin has a positive effect on new acquisitions, which makes it less threatening compared to other currencies, and any newbie would lend a hand.
- Dogecoin mining is still realistic: Gone are the days when DOGE mining was done independently. Today, it is linked to the production of Litecoin blocks, which means there is no need for additional machines and electricity. Whenever a Litecoin block is resolved, there will be an unlimited supply of DOGE as a single layer payment medium.
- DOGE has excellent growth in the future: Dogecoin climbed to the 29th position on CoinMarketCap, with a total market capitalization of € 291 million. While that may sound like a lot, a sudden surge in popularity could really take this cryptocurrency forward into the future.
Investing in Dogecoin therefore represents an opportunity to realize capital gain with an easy-to-use and booming virtual currency. Buying a certain amount now to see the price rise seems to be a possibility put forward by more and more cryptocurrency enthusiasts. The stability of its system and its plans for the future will be the main elements for a successful ascent.
3 Best Services to Buy Dogecoin in Euros
As presented in the previous section, and despite some stable periods when Dogecoin prices can remain unchanged for months, investing in these assets has so far proven to be a good long-term business.
XDG1 = +/- € 0,0024729
August 2019
Investors should also keep in mind that the price, in dollars or euros, displayed by the platforms is probably higher than the real price. Indeed, these are remunerated by taking commissions on each transaction: the most greedy therefore have an interest in posting a high price.
There is a plethora of platforms offering to buy and sell Dogecoin. We realised a complete comparison with the strengths and weaknesses of the best sites (fees, level of experience required, etc.).
| Platform | Country | Euro / Dogecoin | Commission | Link |
| Coinbase | San Francisco, California | Yes | Between 1,49% and 3,99% | Visit the website |
| Binance | Malta | Yes | 0,1% trading fee | Visit the website |
| Coinhous to | France | Yes | Between 3,9% and 4,9% | Visit the website |
1. Coinbase
Coinbase is one of the easiest solutions for a beginner. Its interface and ergonomics are very well designed and are aimed at finance neophytes.
Downside, commissions are a bit high : for each transaction you are charged between 1,49% and 3,99% depending on whether you used your credit card or a transfer. Its particularly intuitive mobile application is currently one of the most downloaded.
Unfortunately for its customers, Coinbase's rapid success has led to inconvenience: the platform is regularly hit by downtime during rush periods.
This is problematic if you are going to sell high or if "a crash" occurs. Registrations are subject to long waiting times
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2. Binance
Binance is one of the cheapest platforms, but also requires a good level of experience.
Binance is a popular crypto exchange platform that originated in China, but recently moved its headquarters to the island of Malta, an island in the EU where cryptograms are accepted.
Binance is popular for its crypto-to-crypto exchange services. Although the company is still relatively new to the market (it was launched last year), it has managed to gain a lot of popularity thanks to its impressive number of initial offers in the market, its professional attitude and its friendly CEO. , but also thanks to the low trading costs.
The site is translated into French. Certainly the benchmark in the sector, but the site is overwhelmed with requests and sometimes suspends new registrations.
3. Coinhous to
Coinhouse (formerly The House of Bitcoin) is a French actor who is appreciated for his great clarity and his support. In contrast, transaction fees are among the highest on the market (between 3,9% and 4,9%). Could this be the ransom for quality interlocutors?
The platform is backed by La Maison du Bitcoin, an establishment located in Paris that offers a physical exchange counter and free training. Ideal if you need help getting started.
The biggest advantage of Coinhouse over many other cryptocurrency exchange services is that you can buy your Dogecoin, Bitcoins, or Ether using your preferred currency. Specifically, you are using a wire transfer, debit card, or credit card. It makes the world of cryptocurrency more accessible.
To make purchases on Coinhouse, you need to verify your ID, which makes this exchange regulatory compliant in most areas.
Plus, Coinhouse delivers your purchased crypto instantly, so you don't have to wait for the transaction to complete. It's also transparent, always selling at the current market price in euros plus its commission, both clearly marked on the homepage.
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Conclusion: Buying Dogecoin, and the risks?
While Bitcoin has soared into astronomical rates, Dogecoin remains a perfectly affordable cryptocurrency. It is therefore perfect for beginners who want to jump into this brand new sphere.
Low risks, but also an active and fun community are key. Indeed, Dogecoin is above all an original virtual currency and seeks to promote a welcoming environment for all.
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With a unit price well below one euro, Dogecoin represents a low risk investment. As long as you follow the first rule of any investment:
Commit only the money that you are prepared to lose.
This rule may seem negative but it is there to ensure a satisfactory result for those who embark on investing through cryptocurrencies. Decentralized and virtual, they require you to play the role of banker for your budget.
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In addition, and depending on the capital gain achieved, it may be interesting to purchase a "Hardware wallet" a physical electronic wallet. It will prevent you from leaving your assets on the platforms.
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