How to Buy Dogecoin

The Easiest Way to Purchase DOGE Instantly
By 
Coin Cloud Team
, published on 
March 11, 2022
How to Buy Dogecoin

Dogecoin is known as a meme coin because this is literally how the cryptocurrency got its start. In fact, it was the first meme coin. But what on earth does meme coin mean? Basically, it refers to any cryptocurrency that is inspired by memes or jokes found online or on social media. 

While this may seem somewhat silly, this doesn’t take away from the value of the coin. For example, since receiving ringing endorsements from the likes of Elon Musk, the perspective on Dogecoin has changed. So while dogecoin is still a meme coin, some investors now actively consider it to be a viable investment to diversify their portfolios.

That said, you’re likely wondering: “Where can I buy Dogecoin to add to my portfolio?” It’s simpler than you think, and easier to do than ever before thanks to Coin Cloud’s physical digital currency machines. With our DCMs, you no longer need to rely solely on cryptocurrency exchanges to buy Dogecoin. 

Here’s what you need to know about how to buy Dogecoin.

What is Dogecoin?

Dogecoin was developed from the Litecoin blockchain in 2013. It was created by Billy Markus and Jackson Palmer as a reaction to the cryptocurrency madness of that year. The goal was to receive mainstream attention in direct opposition to Bitcoin. Originally, it was worth mere cents, and was created to poke fun at popular altcoins of the time. However, if you buy Dogecoin now, you’ll find that it has value and can be a viable investment.

Unlike Bitcoin, there’s an unlimited number of Dogecoin tokens to deter miners from monopolizing the currency and preventing hoarding by investors. Buying Dogecoin is an excellent way to establish additional diversity alongside the more established coins.

How Do I Buy Dogecoin?

If you’re looking to learn how to buy Dogecoin, you’re in luck. More cryptocurrency exchanges are providing support to buy Dogecoin online than ever before. Here’s what you need to know.

Find a Platform

Many people think that you can only buy cryptocurrency through an exchange. However, this couldn’t be further from the truth. In fact, Coin Cloud makes it easy for you to buy Dogecoin. Our digital currency machines (DCMs) are available in over 4,000 locations nationwide. Find one of our DCMs near you to get started! 

Where to Buy Dogecoin

With Coin Cloud, you don’t have to worry about connecting your bank account to buy Dogecoin. (You don’t even need a bank account, DCMs like Coin Clouds are the preferred method for those who are underbanked or unbanked. And, if you’re wondering how to buy Dogecoin with a debit card—you don’t need one!) Our DCMs streamline the process of purchasing Dogecoin as they are cash-only, removing the additional steps needed when you purchase through an exchange. 

Using Coin Cloud Machines to Buy Dogecoin Instantly

Here is a step-by-step guide on how to use our digital currency machines to buy Dogecoin with cash:

  1. Press the “Start” button.
  2. Enter your mobile phone number 
  3. Enter the unique identifier code texted to your phone 
  4. Select the “Buy” option 
  5. Scan your Dogecoin wallet’s QR code with the DCM camera 
  6. Insert your bills one at a time
  7. Once you have inserted your cash, press the “I’m done” button 
  8. Your transaction will begin processing on the Dogecoin network 
  9. Transactions can take approximately 10-15 minutes to process 
  10. Once the transaction has fully processed you will receive your receipt via text message, and the Dogecoin will show up in your wallet

The Best Place to Buy Dogecoin

With so many cryptocurrency exchanges all competing for your business, you may be wondering where to buy Dogecoin. Here’s why Coin Cloud is the best place to buy Ethereum. 

Coin Cloud is the newest way for crypto-enthusiasts to purchase digital currency. Our digital currency machines are physical kiosks that allow users to purchase Dogecoin with cash, resulting in digital currency being deposited into your wallet in as little as 10 minutes. 

Coin Cloud also believes that collecting a ridiculous amount of information from crypto buyers is unnecessary. That’s why our two-way DCMs don’t require a bank account or an endless amount of personal details. To get started, all you need is a smartphone and some cash.  

Our process is not only the fastest and easiest way to buy and sell digital currencies, it’s also the best way for people who do not have credit cards or bank accounts to get involved in cryptocurrency. Plus, we are available for customer support seven days a week should any confusion or questions arise. 

We have over 1,600 machines across 48 states, making it super convenient for you to find a machine near you. 

Should You Invest in Dogecoin?

Is it wise to make the former meme coin a part of your portfolio? Here are some of the reasons why you should buy Dogecoin:

  • Dogecoin is one of the most popular coins in the world.
  • Strong growth in recent years.
  • Easy entry into crypto.

However, you should keep in mind that this is still a less established coin than, say, Bitcoin and Ethereum. Like all crypto, there’s a high level of risk associated with making this investment.

Conclusion

Coin Cloud makes it simple to buy with cash using Bitcoin ATMs and digital currency machines in more than 4,000 locations across the country. Make purchases in seconds, transfer them to the free Coin Cloud crypto wallet app, and begin building your crypto portfolio now. Invest in more than 40 different cryptocurrencies with the help of Coin Cloud today.

​​Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.

What is Coin Cloud?

Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,000 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.


Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.

What is Coin Cloud?

Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.

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Use promo code COINCLOUD at the machine

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