Buy Dogecoin (DOGE)

Dogecoin is a decentralized cryptocurrency that was introduced in December 2013. It was created by software engineers Billy Markus and Jackson Palmer as a lighthearted and fun alternative to Bitcoin. Dogecoin quickly gained popularity and a dedicated community due to its meme-inspired branding, featuring the Shiba Inu dog from the "Doge" meme as its logo. While initially seen as a joke, Dogecoin has evolved into a legitimate digital currency with a substantial market capitalization and widespread acceptance.

Dogecoin operates on a similar technology foundation as other cryptocurrencies, utilizing blockchain technology. The blockchain is a decentralized and distributed ledger that records all transactions across a network of computers. However, Dogecoin differentiates itself from other cryptocurrencies in a few key ways. Firstly, Dogecoin uses a proof-of-work consensus algorithm, meaning that miners must solve complex mathematical problems to validate transactions and secure the network. Additionally, Dogecoin has a faster block time of just one minute, which allows for quicker confirmation of transactions compared to Bitcoin's 10-minute block time. This enables Dogecoin to handle a higher transaction volume. Another distinguishing factor of Dogecoin is its inflationary supply. Unlike Bitcoin, which has a capped supply of 21 million coins, Dogecoin has no maximum supply limit, with over 130 billion coins in circulation as of 2021. However, the creators have implemented an annual inflation rate of around 5%, ensuring a continuous supply of new coins. These features contribute to the unique functionality and characteristics of Dogecoin as a digital currency.

Follow the steps below to easily and securely buy Dogecoin.

1. Sign up

   Create an account with a reputable crypto platform like Finst.

2. Deposit EUR

   Deposit Euros using payment methods like iDEAL, Bancontact, or SEPA.

3. Start investing

   Buy Dogecoin and securely store it on our platform.

You can securely store your Dogecoin in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Dogecoin. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Dogecoin with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Dogecoin with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Dogecoin through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Dogecoin is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Dogecoin involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Dogecoin, it is important to understand the risks.

Volatility: The price of Dogecoin can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Dogecoin is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Dogecoin through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Dogecoin or other cryptocurrencies anonymously on a regulated crypto platform in Europe.