Step by step guide on how to buy DopeCoin (DOPE) Cryptocurrency
To purchase DopeCoin (DOPE) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin ( BTC ) or Ethereum ( ETH ) to trade with. The good news program is that you can well purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account .
note : There are early places to purchase BTC and ETH on-line, but I ‘m going to focus this guide using Coinbase as it ‘s the easiest to use for new investors in cryptocurrency .
Step One: Setup your Coinbase account
Although Coinbase has both io ( iPhone ) and Android apps, I have found the easiest way to setup your exchange account with them is to use their web site .
1 ) head over to their web site .
2 ) following enter your e-mail address in the arrive started box. Please MAKE SURE that the e-mail address you enter is one you have access to and is your most plug e-mail as this is how you will constantly sign in to your Coinbase account .
3 ) then Coinbase will ask you to select if you are an INDIVIDUAL or BUSINESS. I ‘m assuming you are an individual indeed I will skip the unharmed business account apparatus. MAKE SURE to use your real name as Coinbase will use this for account confirmation .
4 ) adjacent Coinbase should send you an e-mail to verify your e-mail address. Open the e-mail and click on the link. I have to say although electronic mail confirmation emails are reasonably annoying, since you plan funding your bill with actual money, this security footstep is identical comforting .
5 ) You should now be signed into ( or be able to sign in ) your Coinbase bill. Again, since you will be using your hard earned money to fund your Coinbase account, there are a few more verification steps you need to complete. The first being verifying a mobile call count .
Coinbase uses your mobile earphone number to setup Two-factor authentication ( 2FA ) on your account making your account evening more fasten. Basically Coinbase will text you for each major change to your account including making purchases .
Do n’t worry, I ‘ve been using Coinbase for a while and they have NEVER spammed me. They badly precisely use this as a way to add another layer of security to your history .
6 ) now you need to setup your fund sources ( i.e how you plan on purchasing your Bitcoin or Ethereum ). Your options are either using your Bank Account or Credit Card. Since you are reading this guide now and the plan is to use your BTC or ETH to purchase DopeCoin ( DOPE ), I ‘d suggest using the Credit Card fund choice .
When you purchase using a Credit Card, you will be able to purchase immediately and have access to trade your coins correct away. merely downside is that your weekly leverage limit on a Credit Card will be around $ 750 when you first open your account .
To learn about setting up a accredit card to fund your Coinbase explanation, suction stop here. No indigence for me to walk you through this dowry as Coinbase does a great job of doing that on their web site .
If you want to fund your account using your Bank Account, your buy cryptocurrency will not available for trade for 4 to 5 business days. Granted you will have locked in your purchase price at the time of buy, but this means you wo n’t be able to easily use your purchase to start buying DopeCoin ( DOPE ) .
To learn about setting up your bank report with Coinbase, snap here. Coinbase does a bang-up job of walking you through this apparatus as many banks have clamant account confirmation .
Step Two: Make your first purchase of Bitcoin (BTC) or Ethereum (ETH) at Coinbase
now you should be ready to make your first gear purchase of Bitcoin or Ethereum that you will then use to buy DopeCoin ( DOPE ) .
As I mentioned at the beginning of this usher, Coinbase makes it very easy to start investing in cryptocurrency. All you need to do is capitulum over to your BUYS pages and select the currentness you wish to purchase .
Since I ‘m not a license professional and the cryptocurrency market is sol explosive, deciding between which one to invest in based upon value will be up to you. What I can tell you is that the majority of exchanges that offer investing in DopeCoin ( DOPE ) will allow you to purchase using Bitcoin ( BTC ) .
Decide how a lot you want to invest. This is a dollar measure. Realize you do n’t have to purchase a full moon coin, quite you will be investing a helping of a mint. Knowing this will actually help you with your future cryptocurrency investments .
next select your fund source ( i.e Credit Card ) .
And chink BUY .
note : When you make your leverage of BTC or ETH you will notice that Coinbase has a belittled tip ( 3.99 % for accredit card purchases ). The dainty thing is that they alert you before you make your buy of the total buy price .
CONGRATS ! You are now an investor in cryptocurrency .
Step Three: Use your Bitcoin or Ethereum investment to purchase DopeCoin (DOPE)
now it ‘s time to purchase DopeCoin ( DOPE ) using your investment from Coinbase .
Since Coinbase only allows for the buy of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you will need to transfer your BTC or ETH investment to another cryptocurrency exchange. I know this sounds painful, but it actually is n’t.
right now you can buy DopeCoin ( DOPE ) at a estimable phone number of cryptocurrency exchanges including Mercatox .
🏦 Click here to see the full tilt of where you can buy DopeCoin right field now. 🏦
As each substitution has their own manner of setting up a trade bill, I will have to skip that dowry of this guidebook but the majority of the exchange ( like first affiliate ) have a similarly easily setup work like Coinbase. Plus since your fund will be doing using the Bitcoin or Ethereum your ‘ve already purchased, the frame-up should take less time .
once you have your trade score setup at one of the exchanges that trades DopeCoin ( DOPE ), you will need to transfer your BTC or ETH from Coinbase to that specific exchange. This is done via a wallet system .
Do n’t get overwhelmed as this is pretty aboveboard .
At the exchange where you are wanting to purchase DopeCoin ( DOPE ) you will need to get your bill ‘s BTC or ETH wallet ID. On most exchanges you ‘ll see a DEPOSIT clitoris next to either BTC or ETH. When you click on it you should see ( or be given a button to click to create ) your wallet ID. This wallet ID is specific to your account .
MAKE SURE that you are getting the wallet ID for the correct currency you purchased as Coinbase. Bitcoins can only go into Bitcoin wallets, Ethereum can only go into Ethereum wallets.
once you have your particular currency ‘s wallet ID, head back over to your Coinbase score. Since I do n’t want to miss any steps in this important process, snap here to view the official how-to guide from Coinbase on transferring your currentness to another wallet .
now you play a short-change wait crippled as your transfer has to go through the cryptocurrency ecosystem and be confirmed multiple times. There is nothing on your end to do except delay for this to happen. Depending on the day this could take 5 minutes or even up to a few hours .
The dear news is that in your Coinbase account they give you a link to track the transfer .
once your transfer has been confirmed it should show in your exchange ‘s account and will be immediately quick to be used to buying DopeCoin ( DOPE ) .
If you purchased Ethereum ( ETH ) at Coinbase, you are going to want to look for the DOPE/ETH investment .
For Bitcoin look for DOPE/BTC .
If DopeCoin ( DOPE ) does n’t have an investing option using the currency you purchased as Coinbase, do n’t worry. All you need to do is trade into the specific currency .
Let me reiterate, I am not a accredited professional so I ca n’t give you any investment advice on how to handle the adjacent step .
once you are ready to buy DopeCoin ( DOPE ), most probable you will have a couple ways to do therefore .
The beginning is buying at the market price. This is the stream price DopeCoin ( DOPE ) is trading at. There is nothing incorrect with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then expression at the restrict price .
Limit price bascially says you want to purchase a certain amount of DopeCoin ( DOPE ) at a specific price. If the price of DOPE gets to that price your ordering will be processed. Remember, with how explosive the market is, there is no guarantee the price will drop to your limit price .
note : No matter which trade wind option you select, the price will be purchasing DopeCoin ( DOPE ) at will be based upon the currentness you are trading with ( BTC or ETH ). Some exchanges do n’t convert this over to your local currentness, so you can always use Google and type something like “ 0.0025 BTC to USD ” and Google will tell you the USD value .
WOOT WOOT !
You are a proud investor in DopeCoin (DOPE)!
note : here is a template on how to buy DopeCoin ( DOPE ) with USD if you always need it in the future .
We ‘ve besides created a directory of all of our crypto buy guides .
If you are matter to in crypto mine at home, I wrote up my fib on How I started mining Bitcoin at base in 2021 which details out assorted easily to set up at home crypto mine rigs. right nowadays I ‘m generating around $ 12 USD per day .
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A word of advice, now that you ‘ve made your foremost investment in DopeCoin ( DOPE ), you should MAKE sure to track your investment. flush though the central you purchased DopeCoin at does this for you, using a third-party web site or app makes it a solid distribute easier. here is a number of some best cryptocurrency investment tracking websites and apps that you can use .
besides if you are matter to in investing in other cryptocurrencies you more than probably can do that at the exchange you used to invest in DopeCoin ( DOPE ). If not, good follow the lapp steps as before except skipping the whole setting up a Coinbase account since you already took wish of that .
NOTE # 2 : We besides put together a guide on the clear exchanges to buy DopeCoin ( DOPE ) on if you always need it in the future. And here ‘s our list of the best places to buy cryptocurrency on-line .
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