Make Millions with Dogecoin: Buy Now on eToro!

• Dogecoin was created in 2013 by software engineers Billy Markus and Jackson Palmer, and has grown to become a popular meme coin with a staggering $12 billion market cap.
• This article guides you through the process of buying Dogecoin on eToro, including what makes it special and what to consider before investing.
• Two methods are provided: using the search function or navigating through “Discover”.

What Makes Dogecoin Special?

Dogecoin is a meme coin that has quickly grown in popularity, reaching a market cap of $12 billion after its launch in 2013 by software engineers Billy Markus and Jackson Palmer. It’s come to be known as the people’s coin, with celebrities like billionaire CEO Elon Musk and Shark Tank host Mark Cuban praising its use for teaching children economics and funding lunar missions.

Pros & Cons of Buying Dogecoin On eToro

When buying Dogecoin on eToro, there are both advantages and disadvantages to consider. Some pros include access to analytics about the cryptocurrency’s performance, ease of purchase, and safety when transacting with regulated brokers like eToro. On the other hand, there may be high fees associated with transactions on the platform compared to other exchanges.

How To Buy Dogecoin On eToro Step-By-Step

There are two primary approaches when buying Dogecoin on eToro: using their search function or navigating through “Discover”. The former is faster but requires knowing exactly what you’re looking for ahead of time; while the latter is more time consuming but allows for comparison shopping among other cryptocurrencies in real-time. Both processes require creating an account and funding it before being able to buy DOGE on eToro – follow these steps for each method:

Search Function Method:
1) Type „DOGE“ into the search bar from your dashboard
2) Indicate amount (in dollars/DOGE units) you want to buy then click „Open Trade“

Discover Method:
1) Navigate Dashboard > Discover > Crypto
2) Select „Daily Movers“ section or “By Market Cap” section if necessary
3) Click „View All“ then select „Doge“ from menu
4) View analytics then click “Invest” for buying window pop up

What To Consider Before Buying Dogecoin

Before investing in any cryptocurrency, it is important to understand both potential risks and rewards involved. Depending on your country’s regulations surrounding cryptocurrency trading, this can have implications such as tax liabilities or restrictions that could affect your ability to buy DOGE on platforms like eToro. Additionally, always be sure that you only invest funds that you can afford to lose as crypto markets can be volatile at times – never invest more than you’re willing or able to risk!

Alternative Places To Buy Dogecoin

If you’re not comfortable purchasing DOGE through eToro there are several alternatives out there such as Binance or Kraken which offer different features depending on your needs – do some research beforehand so that you know which one best suits your requirements!