How to Buy Dogecoin (DOGE) - A Step-by-Step Guide

It doesn't matter if you are in Toronto, Montreal, Calgary, or anywhere in between, Ndax gives you all the tools and support to buy and sell DOGECoin in Canada.

Why buy DOGE?

Because of Dogecoin’s lighthearted founding and enthusiastic community, many find it as an accessible way to enter into the world of cryptocurrency. Less attractive as an investment due to an ever-increasing supply, DOGE can be bought and used as a means of payment. Many users specifically use it to tip content creators or even for unique fundraising efforts.

How to purchase DOGE on Ndax

  1. Sign up or create an account: Get instantly verified with Ndax's streamlined verification process.
  2. Fund your account with Canadian dollars: You have the option to fund your account with fiat currencies using Interac e-transfer, Wire Transfer, or a Bank Draft.
  3. Invest in DOGE: DOGE is highly divisible, so you can buy small amounts to get started. Trade CAD to DOGE with as little as $1 and with low trading fees of 0.2%.

Storing your DOGECoin

After investing in DOGECoin, the next step is to store your DOGECoin in a secure cryptocurrency wallet. Depending on your own needs, investment amount, and preferences, you can keep your DOGECoin on a trading platform, a physical hardware wallet, or a software wallet.

You are free to transfer your DOGECoin to a private wallet from Ndax. However, if you decide to store your DOGECoin in your Ndax wallet, we have all the security measures in place to keep your DOGECoin safe and secure.

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What can you do with DOGECoin?

  • Pay for Goods and Services: Online stores, merchants, restaurants, and retail environments continue to adopt DOGE and other cryptocurrencies as a means of payment.
  • Invest and Trade: On our trading platform, DOGE can be traded directly with the Canadian dollar. You can also easily view and track your trading activity, performance, growth, and profits.
  • Use as a Store of Value: Investors are using DOGE as a store of value.

Why buy DOGE on Ndax?

  • We take the fear out of trading: Ndax’s security standards are among the highest in the Canadian FinTech industry. Ndax holds the majority of digital assets offline in cold storage protected by multi-signature technology, provided by Ledger Vault, the global leader in security and infrastructure solutions for cryptocurrencies. Hot wallets are protected by Multi-Party Computation (MPC) technology recognized by industry experts.
  • Grow your portfolio with Ndax’s recurring purchase feature: Set DOGECoin recurring purchases to automatically buy DOGE to CAD each day, week, or month. Set regular purchases as low as $10.

Download the Ndax mobile app

Download the Ndax mobile app to fund your account and start trading on-the-go from any iOS or Android device.

Download Ndax mobile app:

Google Play

App Store

Gain control of your DOGE investments with advanced trading options

The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:

  • Limit Order: Buy or sell orders executed at a specific price.
  • Stop order: Order to buy or sell once a cryptocurrency reaches a specific price point.
  • Trailing stop market order: An order that can be set at a specific dollar amount away from a cryptocurrency’s last price, bid, or ask.
  • Trailing stop limit order: Limit buy or sell orders triggered once a cryptocurrency touches a trailing amount set by the user.
  • Fill or kill (FOK) order: Trade that executes immediately and entirely at a certain price, but if it cannot fill the entire order immediately, it will be canceled entirely.
  • Immediate or cancel order (IOC): Trade that executes immediately and cancels any unfilled portions of the order.
  • Reserve order (Iceberg Order): A large trade is divided into multiple limit orders. The orders are split into visible and concealed amounts.

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Are you ready to start trading DOGE

Start trading on Ndax today. Experience seamless transactions, top-notch security, and unparalleled support.

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Disclaimer: This article is not intended to provide investment, legal, accounting, tax or any other advice and should not be relied on in that or any other regard. The information contained herein is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise.