How to Buy Dogecoin in New York – An Easy Step by Step Guide

Are you looking for where and how to buy Dogecoin in New York? Then this article is meant for you; it will give you the necessary information you need to know about Dogecoin, its current price, the best platform to get Dogecoin and how to buy it Dogecoin in New York.

Before herding how and where to buy Dogecoin in New York, first, it’s good to know what Dogecoin is and why it’s the most popular meme coin in the crypto market.

What is Dogecoin?

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency created by Billy Markus and Jackson Palmer software engineers. They created the coin as a parody of the cryptocurrency market following the establishment of bitcoin, making fun of the wild speculation in cryptocurrencies at the time. It is considered the first “dog coin” and, more specifically, the first “meme coin.”

Dogecoin began to experience a price increase when Elon Musk started supporting it, and ever since then, it has become more popular and got accepted by many traders and investors.

List of Exchanges to Buy Dogecoin in New York

Dogecoin is not a new coin, and it has been listed in most of the reputable exchanges where you can trade then. So, among those exchanges, below is a list where you can buy Dogecoin in New York either through a debit card or peer-to-peer.

1. Coinbase
2. Bittrex
3. Binance
4. Kraken
5. Gemini
6. CEX.IO
7. KuCion
8. Bisq
9. Gate.io
10. Crypto.com

Dogecoin Price

The price of Dogecoin has declined by 14.23% in the past seven days and 0.27% in the last 24 hours. 

In just the past hour, the price increased by 0.27%. The current price is $0.1173 per Dogecoin. DOGE is 82.19% below the all-time high of $0.19. The current circulating supply is 132,670,764,299.894 DOGE.

If you wonder whether DOGE is a good deal or if you should buy other cryptocurrencies instead, you should know that cryptos are very volatile by nature. Their value can go up quickly, but it can also head down quickly into a spiral, which has been happening to Dogecoin for the past few months.

How to Buy Dogecoin in New York

Below are the best ways to buy Dogecoin in New York

1. Purchase a dogecoin wallet: Coinbase is one of the most popular crypto exchanges out there, and it provides different options for your cryptocurrency needs, including storing them with its Coinbase wallet, which will serve as your Dogecoin wallet.

2. You can play with real money: If this is your first time buying DOGE or any form of crypto, you should know that there are two ways to get Dogecoin: exchange it with another crypto that you have in your wallet or with actual currencies A.K. Real-life money. These purchase methods will involve your debit card, a bank transfer, or a wire transfer, or you can purchase DOGE directly from your bank if your bank account supports it.

3. You can pay using another cryptocurrency: All you need to do is buy relatable stable crypto and convert it into the platform you are in. I recommend that you do thorough research in advance and check the platform you are using since some exchanges may not allow Dogecoin conversions.

Best Way to Buy Dogecoin in New York

The best way to get DOGE is on a cryptocurrency exchange, where you can buy DOGE for U.S. dollars or sometimes for other digital assets. Other options for getting DOGE include receiving it as payment for a service or good.

Conclusion

Dogecoin (DOGE) is an open-source, peer-to-peer cryptocurrency created by Billy Markus and Jackson Palmer software engineers. They created the coin as a parody of the cryptocurrency market following the establishment of bitcoin, making fun of the wild speculation in cryptocurrencies at the time.

After reading this article, I hope you have learned how to buy DOGE in New York and the platform to use for your purchase. It is straightforward, so you need to do your research in advance.

Choosing the best platform is the hard part, and I recommend you research more about the platform before you do anything. Buying DOGE right now might be a good head start, and you might receive great returns; the choice is up to you to choose wisely, and please don’t forget to share this article with friends or loved ones; you don’t know who might need it.

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