How to buy Dogecoin (DOGE) in Vietnam

First launched as a joke to satirize cryptocurrency in December 2013, no one could have predicted that after a decade, Dogecoin (DOGE) could become one of the 10 most popular virtual currencies. most today. If you are interested in this meme virtual currency, follow our guide on how to buy Dogecoin (DOGE) with detailed information.

What is Dogecoin (DOGE)? What is DOGE market capitalization?

Dogecoin (DOGE) was introduced on December 6, 2013. This meme coin was created by Jackson Palmer (product manager at Adobe Inc. office, Sydney, Australia) along with Billy Markus (software developer at IBM) is based on the famous meme of the Shiba Inu dog.

Initially, they created this meme coin as a joke to mock the virtual currency industry. No one could have imagined that, thanks to this joke, Dogecoin has built a strong support community. In just 2 weeks after launch, the value of Dogecoin increased by 300%, from 0.00026 USD to 0.00095 USD.

Dogecoin (DOGE) touched an all-time high of $0.7376, reaching a record market capitalization of $88 billion in May 2021. As of December 2023, Dogecoin's market capitalization is nearly 12 .9 billion USD with an average 24-hour trading volume of 275.58 million USD.

Dogecoin (DOGE) Price Outlook

There are quite a few good forecasts for Dogecoin (DOGE) in 2024 and below are 4 views that investors are currently interested in:

• The virtual currency market is more optimistic: The virtual currency market in general and Dogecoin have recovered impressively in recent months. Specifically, Dogecoin increased by more than 50% compared to the low in the last bear cycle.
• Wide utility: DOGE is currently used for payment at large companies such as Newegg, AMC Theaters or Dallas Mavericks.
• Strong Community: Thanks to the endorsement of tech mogul Elon Musk, after many years, DOGE has a strong community of enthusiasts.
• Expect growth thanks to Bitcoin halving: The BTC halving cycle will take place in April 2024, promising to inject billions of new capital into the market and create major price increases. During the most recent halving in May 2020, DOGE increased by more than 13,000% to an all-time high just 1 year later.

Where should I buy Dogecoin (DOGE)?

Before buying DOGE, you need to find the most reputable exchange to buy, sell or trade cryptocurrency. Based on criteria strictly evaluated by Crypto Pie including: supported crypto assets, deposit methods, transaction fees, security technology and customer support, below are 3 good exchanges Best way to buy DOGE:

Bybit – the best choice for frequent traders

Appearing since 2018, Bybit now has more than 10 million users worldwide with a daily transaction volume of over 10 billion USD. Bybit supports over 500 cryptocurrencies and has advanced charts, technical analysis tools, and margin trading with up to 100x leverage.

The platform is famous for its low trading fees of 0.1% for spot trading and only 0.01-0.06% (maker/taker) for derivatives trading.

>> Bybit account registration link: [Insert Affiliate Link]

KuCoin – low spot trading fees for high volume traders

KuCoin was founded in 2017, currently serving more than 11 million users in more than 200 countries and supporting more than 700 cryptocurrencies. This exchange supports many services including spot trading, futures trading, margin, P2P market, cryptocurrency lending...

KuCoin fees are also extremely low, only 0.1% for spot trading and 0.02-0.06% for futures trading. This exchange is highly appreciated for its competitively low spot trading fees for high volume traders. This is also one of the major exchanges that lists new tokens and follows the latest market trends.

>> KuCoin account registration link: [Insert Affiliate Link]

MEXC – the best anonymous cryptocurrency exchange

MEXC Global currently supports up to 1,520 coins and over 2,110 trading pairs. MEXC offers many trading options such as spot, margin and futures trading. This platform also provides many different tools such as real-time market data and in-depth technical analysis tools. MEXC's fees are also very attractive, only 0% for makers, 0.1% for takers in spot transactions and 0.03% for takers when trading futures contracts.

>> MEXC account registration link: [Insert Affiliate Link]

How to buy Dogecoins (DOGE)

After you have found an exchange that suits your criteria, to own Dogecoin, it will only take you about 5-10 minutes to register. To help you better understand the process, we will take the KuCoin exchange as an example and follow Crypto Pie's specific instructions as follows:

Step 1: Register an account

First, click the “Register” button on the Kucoin homepage. To open an account, you only need to provide information such as your email address.

Step 2: Verify account

After creating an account, the exchange will ask you to verify your account by providing personal documents. In addition, you also need to meet the KYC customer identification process and 2FA authentication.

Step 3: Add payment method

To start buying Dogecoin (DOGE), you need to choose a suitable payment method, such as Visa/Mastercard payment card and directly deposit fiat money into your established account.

Step 4: Find DOGE, check today's market price and buy

On the exchange's search toolbar, search for Dogecoin (DOGE), check today's market value to see if it suits your trading needs. Then, you need to enter the fiat amount you want to buy DOGE or specify the specific amount of Dogecoin you want to buy.

Step 5: Store coins in wallet

After owning DOGE, by default, these coins will be stored in the exchange's KuCoin cryptocurrency wallet. However, you can also transfer DOGE coins to a dedicated online cryptocurrency wallet like Trust Wallet or Metamask.

Frequently asked questions

When was Dogecoin (DOGE) born?

In December 2023, Dogecoin was created by Jackson Palmer based on the famous internet meme Shiba Inu dog to mock the hype surrounding cryptocurrency.

Is Dogecoin (DOGE) a worthwhile investment?

At its peak in May 2021, Dogecoin price was trading at a peak of 0.731578 USD with a market capitalization of 88 billion USD. Dogecoin value at the time of writing is at 0.09 USD with a 24-hour trading volume of 275.58 million USD. This is a good price compared to the price increase potential of this meme coin.

Why is Dogecoin growing so strongly?

In addition to the strong support community around the world, the endorsement of the Tesla CEO and its real-world utility have helped Dogecoin have the solid development foundation it has today.

How can I buy Dogecoin?

Today, buying cryptocurrencies is made as easy as trading stocks. You can buy and trade Dogecoin through exchanges that Crypto Pie recommends such as Bybit, MEXC or KuCoin.