Learn how to invest in Dogecoin (DOGE) Token. Explanation, price and yields

Learn how to purchase Dogecoin (DOGE) on the Binance platform

Undoubtedly one of the most reputed trading platforms in the world today is Binance.

Understanding how to purchase Dogecoin (DOGE) is essential if you need to get started on trading on that platform.

This post will try to guide you about how to purchase Dogecoin (DOGE) on the Binance Dogecoin (DOGE) platform.

Discover ways to register on Binance

Opening a Binance account is the very first step you have to accomplish.

No complicated subscription: just follow the guidelines listed below.

Search for the "Register" option in the Binance homepage and click on it to start the registration process.

You may log in directly by pressing here.

In the Binance homepage you’ll see a button named "Register with a phone or email". Press it.

The Binance platform is totally compatible with iOS devices as well.

For the purpose of this article, the email address registration technique will be explained.

• In the screen you’ll immediately see, select your country of residence from the drop down list.
• Following, write your email address and a safety password. Keep in mind that you are going to trade your money, you must give relevance to the password you choose
• Mark whether you want Binance to send information and news direct to your email. Accept the "Terms of Service" and press "Create Account"

Check the inbox at the e-mail address you used for sign up and search the activation code exclusive of your Binance account. Enter it in the corresponding box and click on "Send"

Finally, your Binance enrollment has been activated.

Now you can access the Binance platform and get to know all the options it has to offer.

This way you mayit will be possible to start operating with Dogecoin (DOGE) quickly.

Fulfill the mandatory identity checking to enable all these options.

Please, be well aware that it will be only after you have completed this safety step that you’ll obtain permission to start operating with Dogecoin (DOGE).

But no need to worry, see the next instructions to learn how to do it.

How to verify your account and begin trading

The following are the guidelines to verify your Binance account and get authorized to start operating:

From the user profile menu, choose "Security"

Another alternative is to move to the top of the navigator window and click on the "Verify" button

Go to "Identification" on the left menu.

Country of residence should be selected here.

The platform will display you three verification levels: the current one, the Verified, and the Verified Plus.

Click on the "Start now" button under the "Verified" label, since this will be your beginning level.

A new window will be shown, and there you’ll be required to provide your personal information: Nationality, first name and surname, middle name and birth date. Also, make sure you enter the exact address of your residence

Next, you’ll have to to use a legal document to support your identity.

Use your ID card, passport or even your driver’s license to complete this step.

Now, you will be asked to take a selfie, following the application’s guidance.

When you have fulfilled the platform’s requisites, you’ll have to wait a short time for the verification to be applied to your account.

Now you have to wait until your application has been approved. Be patient, Binance will let you know via e-mail.

After that, it’s time to purchase Dogecoin (DOGE), to do so follow the instructions below.

How to purchase Dogecoin (DOGE) on Binance

Take a time to figure out how to convert money into Dogecoin (DOGE).

Here, the Binance platform will ask you to show a legal document for identity checking.

Use your ID card, passport or even your license to complete this step.

Now the platform will require you to take a selfie under certain conditions.

After completing all those requirements, the Binance system will carry out a confirmation process on your account.

Now you must wait until your profile has been approved. Be patient, Binance is going to let you know via e-mail.

Congrats! Now you’re officially enabled to trade Dogecoin (DOGE). The following instructions will be helpful.

Buying Dogecoin (DOGE) on Binance

Learning how to convert cash into Dogecoin (DOGE) is not that hard.

You may find different alternatives throughout the process

To know which options you have when making a purchase, browse through the "Buy cryptos" menu on the Binance homepage.

Obviously, you’ll only be able to do this if you’re logged in

Uncover all the different buying options just by hovering your mouse over this button.

At this point, the Binance platform will ask you to show a legal document for identity verification.

You can do this by using your passport, ID card, or license.

Now the system will require you to take a selfie following certain instructions.

The final step will be carried out by the Binance platform: a confirmation process that will just take a while.

Now you must wait until your request has been approved. Be patient, the system is going to let you know via e-mail.

After that, it’s time to purchase Dogecoin (DOGE), to do so follow the guidelines below.

Purchasing Dogecoin (DOGE) on Binance

First you need to learn how to convert money into Dogecoin (DOGE).

Some processes might have alternative paths

To know which alternatives can be found when buying, look for the "Buy cryptos" menu on the Binance main page.

Needless to say you must log into your account to do this

Find all the different purchase options just by placing your mouse over this button.

Learn how to use your credit or debit card for buying Dogecoin (DOGE)

Pick the credit card-related option from the "Buy Cryptos" drop-down menu.

After that, just carry out these directions:

Now you must pick the currency you wish to use and enter how much you want to invest.

The the Dogecoin (DOGE) you’d like to get should be picked from the second field

According the amount of USD you’ve recently defined, the platform will automatically show you the quantity of Dogecoin (DOGE) you will receive.

Next, just carry out the following directions:

Now you must select the currency you’d like to use and indicate how much you want to invest.

The the Dogecoin (DOGE) you wish to get must be indicated in the second field

Taking into account the amount of USD you have previously defined, the system will immediately show you the quantity of Dogecoin (DOGE) you’ll get.

Click "Continue".

Now you must indicate your method of payment. To pay with your credit card, choose in the "Visa/Mastercard" field the button "Add card".

Then the system will ask you to enter your credit card numbers.

The next field is intended to write the address associated to the credit card. Write it exactly as it is, then press "Add card".

When you see your card has been successfully included, click on "Continue".

Next, all the relevant details of the transaction will be summarized: the sum you are paying and the corresponding currency, and of course, the cryptos you will receive.

It will also show you the commission you will have to pay for the operation.

Within the next 60 seconds click on "Confirm", after that time the order will expire automatically.

The following step needs to be done on the credit card bank webpage. Then you will complete a standard online payment with your credit card.

You may take a look at your Binance e-wallet (referred to as the «Spot Wallet») once the banking process has been finished to find your recently bought Dogecoin (DOGE) already there

Purchase Dogecoin (DOGE) through Binance P2P

The platform will now show you the summary of the order you are generating. The amount your card will be charged with the currency you’ve picked, and the Dogecoin (DOGE) you will receive.

Another important detail in this overview is the percentage Binance will charge you as a commision for making the purchase.

At this point you have 60 seconds to click on "Confirm", otherwise the order will automatically expire.

The following step needs to be done on the credit card banking webpage. Follow the guidelines in the same way you would make a payment with your credit card.

Your recently bought Dogecoin (DOGE) will be available in your Binance e-wallet (called the «Spot Wallet») when the banking process is complete

Buy Dogecoin (DOGE) via Binance P2P

1. Select "Security" in your account.
2. In the list on the left-hand side choose "Payment".
3. After choosing "Add a Payment Method" the platform will guide you through the rest of the process.

Once you have included the new payment method to your profile, go to the "Buy Crypto" menu (top bar of the navigator), select the "Trading P2P" button, and follow the instructions below:

1. On the top bar of the "P2P Account" tab, select "Buy"
2. In this bar you will find all the Dogecoin (DOGE) available for purchase through P2P trading. Select the one you would like to buy, in our case we present «USDT» as an example.It is important to note that when you purchase any crypto via P2P trading, you’ll be able to exchange it for any of the foreign currencies that operate on the Binance platform.
3. Select the local currency you want to pay with from the drop-down list under the "Fiat" column, for instance, «VES».
4. You must enter the amount in VES you’d like to use in the "Amount" box.
5. Select the method of payment and wait for the platform to display all of the dealers’ ads.
6. Any of the traders displayed in the list can be chosen, but it is recommendable to select a verified one (see the blue diamond marking), and better, a high-volume seller (golden star marking).
7. Next press "Buy USDT"
8. Write the amount in VES you wish to invest
9. Press "Buy USDT" once again
10. Now an order has been generated and you’ll be able to contact the trader. Make the payment, press "Transferred, Next", then press "Confirm". Be aware that there’s a limited time for you to make the payment.

Learn how to transfer your Dogecoin (DOGE) to the Spot Wallet

Once you have made a payment to the trader, they will be able to release the Dogecoin (DOGE), just by confirming payment reception.

The place where Dogecoin (DOGE) are deposited is your account wallet.

Take into account that your Dogecoin (DOGE) must be in your Spot Wallet in order for you to purchase others, so you must transfer them there before.

That’s quite simple: just press "Transfer to Spot Wallet" once the buying order is completed.

If you forget to follow this step right after buying the cryptos, there’s nothing to worry about: you’ll be able to do it later.

Tips on how to transfer your Dogecoin (DOGE) to the Spot Wallet

Cryptos will be released by the trader as soon as money reception acknowledge has been done.

This way, they will immediately be added to your account balance.

But in order for you to purchase another Dogecoin (DOGE), you must send them to your Spot Wallet.

To achieve this, all you have to do is press "Transfer to Spot Wallet" once the buying order is completed.

This Dogecoin (DOGE) internal transfer can be done anytime later.

1. Drop the "Wallet" list down and select the "Wallet Funds" option.
2. The "Transfer" button is located on the upper right area of the navigator window. Click on it.
3. A new window will pop-up, where you should change the options to:
• From: "Funds"
• To: "Fiat and Spot"
4. Select the currency in which you have money, in the example here we use «USDT»
5. Set the cryptos you are transferring to the spot walet and click "Confirm".

That’s all! This way you will have funds in the Spot Wallet so you will be able to trade any of the numerous Dogecoin (DOGE) within the Binance platform.

See how easy is to buy any cryptocurrency from the Binance platform:

1. In the upper panel, look for the "Trading" option.
2. From the listing choose the "Convert" alternative.
3. Fill in the box the amount of «USDT» you want to invest.
4. Select the cryptocurrency you would like to buy.
5. Select "Preview conversion".
6. Validate the operation and that’s all. Now you will have the amount of the selected cryptocurrency in your Spot Wallet.

With these funds already in your Spot Wallet, don’t fear to buy any cryptocurrency you believe could yield the greatest profit.

Find out how simple is to buy any crypto from the Binance platform:

1. Pick the "Trading" option in the top panel.
2. Select "Convert" from the list.
3. Enter the amount of «USDT» you would like to invest.
4. Choose the crypto you wish to get.
5. Press "Preview conversion".
6. Confirm the transaction and that’s all. You will have the amount of the selected cryptocurrency in your Spot Wallet.

Depending on the above mentioned information, you are now ready to start trading on the Binance platform.

Don’t wait any longer and start earning some extra money.