Dogecoin is one of the most well-known cryptocurrencies in the world.
So, how can you buy Dogecoin on Coinbase, a widely popular crypto exchange?
Getting Started on Coinbase
To buy Dogecoin on Coinbase, you need an account.
Image Credit: CryptoWallet.com/Flickr
Head toCoinbaseand set up an account on the exchange.
Coinbase also has two versions of its exchanges to accommodate differing levels of experience:Coinbase and Coinbase Pro.
Once you’ve got everything set up on your Coinbase account, you’ll be able to buy Dogecoin.
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So, how does this work?
Coinbase Pro, on the other hand, uses a maker-taker fee structure.
Coinbase does not charge deposit or withdrawal fees on either version.
Now, let’s get into how to buy Dogecoin on Coinbase.
Buying Dogecoin on Coinbase
The process of buying Dogecoin using Coinbase’s basic layout is very simple.
Firstly, you’ll need to punch theBuy & Sellicon at the top of the screen.
Scroll down this list or use the search bar to jump into the Dogecoin option.
After this, you’ll need to select how many Dogecoins you want to buy.
Then, you’ll be asked to review and confirm your Dogecoin purchase, as shown below.
After confirming your purchase, you’ve now got your Dogecoin funds.
But what if you wanted to buy Dogecoin via Coinbase Pro?
But your focus should be on the left-hand side of the page when purchasing Dogecoin.
Here, you’ll need to punch theSelect Marketoption at the top left of the screen.
Next, grab the trading pair you wish you use.
For example, if you wish to purchase Dogecoin using GBP, select theDOGE-GBPoption.
Why Can’t I Buy Dogecoin on Coinbase?
There are certain situations in which you might’t buy Dogecoin on Coinbase.
As previously mentioned, it’s also important that you add the relevant information to your account.
So, ensure your account is fully set up and verified before conducting any transactions.
