How To Buy Dogecoin in 2022
Dogecoin rose more than 7,000% in the first half of 2021 and has garnered the support of big names in the investing / leadership space, including Elon Musk and Mark Cuban.
Initially, nothing more than a virtual meme currency, Dogecoin has attracted the attention of Gen Zs, Millenials, and celebrities alike, propelling it onto the mainstream crypto market.
Dogecoin is a cryptocurrency created in 2013 by software engineers Billy Markus and Jackson Palmer as a joke. They decided to name the coin after a popular meme of “doge” (featuring a Shiba Inu dog).
With its solid performance in 2021 (and lots of media hype), Dogecoin may seem like a desirable option for investors looking to gain exposure to the cryptocurrency market and build wealth.
To buy Dogecoin, you'll need to open an account on a cryptocurrency exchange. This exchange is an online place where buyers and sellers meet to buy-and-sell cryptocurrencies. Some popular exchanges include Coinbase, Binance, and Kraken.
If you don't want to go through the trouble of opening an account, you can also consider using the investment platforms that you already have. For example, some brokerages like Robinhood allow you to buy cryptocurrency directly from their platform.
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