It’s worth pointing out that any kind of investment has an potential risk and that goes for cryptocurrencies to.
Unlike standard currencies, they’re not regulated by any one authority so can be spectacularly volatile.
That being said, if you want to invest, you’ll need to sign up for a crypto currencies wallet – basically an online account that lets you buy and sell crypto.
Because it’s more of a social media meme, doge isn’t listed for sale on all crypto currencies platforms, so you need to hunt about for one that suits your needs. Binance.US cryptocurrency exchange is one American platform that will let you buy, sell or trade dogecoin.
Many platforms will require you to provide your full name, contact information and proof of ID before allowing you to trade. You will also have to link a bank account for depositing and withdrawing funds.
Dogecoin (DOGE) is a peer-to-peer, open-source crypto currencies. It is considered an altcoin and an almost social media meme coin. Launched in Dec. 2013, Dogecoin has made the image of a Shiba Inu dog as its logo the concept went viral.
While it was created seemingly as a joke, Dogecoin's blockchain and community still has skyrocketed. Its underlying technology is copied from Litecoin. Notable features of Dogecoin, which uses a scrypt algorithm, are its low price and unlimited supply.