How To Buy Dogs Of Elon (DOE)?
A common question you often see on social media from crypto beginners is “Where can I buy Dogs Of Elon?” Well, you’ll be happy to hear it is actually quite a simple and straightforward process.
Step 1: Create an account on an exchange that supports Dogs Of Elon (DOE)
First, you will need to open an account on a cryptocurrency exchange that supports Dogs Of Elon (DOE).
We recommend the following based on functionality, reputation, security, support and fees:
In order to sign up, you will need to enter some basic information, such as your email address, password, full name and, in some cases, you might also be asked for a phone number or address.
Note: On specific exchanges, you might need to complete a Know Your Customer (KYC) procedure in order to be able to purchase cryptocurrency. This is most commonly the case with licensed and regulated exchanges.
Step 2: Deposit funds into your account
Many cryptocurrency exchanges will allow you to purchase Dogs Of Elon (DOE) with fiat currencies, such as EUR, USD, AUD and others. Furthermore, they will also provide you with multiple deposit methods through which you can fund your fiat account, such as credit and debit cards, ewallets or direct bank transfers.
Note: Some payment methods will have higher fees than others, such as credit card payments. Before funding your fiat account on your chosen exchange, make sure to do your due diligence to find out the fees involved with each payment method to avoid unnecessary costs.
Step 3: Buy Dogs Of Elon (DOE)
This process is similar across almost every cryptocurrency exchange. All you have to do is find a navigation bar or a search bar, and search for Dogs Of Elon (DOE) or Dogs Of Elon (DOE) trading pairs. Look for the section that will allow you to buy Dogs Of Elon (DOE), and enter the amount of the cryptocurrency that you want to spend for Dogs Of Elon (DOE) or the amount of fiat currency that you want to spend towards buying Dogs Of Elon (DOE). The exchange will then calculate the equivalent amount of Dogs Of Elon (DOE) based on the current market rate.
Note: Make sure to always double-check your transaction details, such as the amount of Dogs Of Elon (DOE) you will be buying as well as the total cost of the purchase before you end up confirming the transaction. Furthermore, many cryptocurrency exchanges will offer you their own proprietary software wallet where you will be storing your cryptocurrencies; however, you can create your own individual software wallet, or purchase a hardware wallet for the highest level of protection.
Alternative ways to buy Dogs Of Elon (DOE)
Because the project is very new, it is only offered directly on a select number of exchanges. If you’re not comfortable connecting your bank account to any of these smaller exchanges, or if you cannot connect your bank account to them for geographical reasons. Then you can instead create an account on any of the major exchanges and simply transfer the funds from there.
Out of the major exchanges we recommend the following based on functionality, reputation, security, support and fees:
Fees (Maker/Taker) 0.075%*-0.1%*
Available for Trade 500+
10% reduced trading fees*
Europe, Asia, Oceania, Africa
Fees (Maker/Taker) 1.49%*-3.99%*
Available for Trade 75+
$10 sign-up bonus*
North America, South America, Europe, Asia, Oceania, Africa
For more in-depth instructions, our ‘Absolute Beginner’s Guide To Cryptocurrency Investing‘ will take you through the process step-by step. In addition to providing instructions for sending and receiving your cryptocurrency.
And if you’re completely new to crypto our beginner, intermediate and advanced level articles will get you up to speed with everything you need to know about the cryptocurrency space starting out.
What Is Dogs Of Elon (DOE)?
Dogs Of Elon is a CryptoPunks alternative for memecoin holders. The project features 10,000 unique NFTs.
Additionally, Dogs of Elon features an ERC20 cryptocurrency token ($DOE) which can be traded and staked to passively earn more $DOE, renDOGE and $SHIBA.
“The Dogs of Elon – An NFT for the moonshot trader.
DoE is our passion project! We worked to create a CryptoPunks alternative that represented us, the meme coin hodlers. We have all witnessed the power of the meme coin community and its strength which has universally defied experts.
In celebration of this we have created 10,000 unique NFTs featuring everybodies favourite K-9. Containing special sub collections with 30 Elons and 70 zombies Doges.”
What is the Dogs Of Elon (DOE) Token?
$DOE is the powerful ERC20 that fuels the ecosystem. $DOE is a community-focused, DeFi cryptocurrency token, and the companion to the Dogs Of Elon NFTs. $DOE can be staked to passively earn more $DOE, renDOGE and $SHIBA.
To ensure token safety the team has had the $DOE token contract and the Dogs Of Elon NFT contract audited by CertiK. Which confirms that the $DOE contract doesn’t contain any potentially hazardous code like mint functions, i.e. The supply is fixed at 1,000,000,000 $DOE.
Furthermore, once the staking rewards are deposited in the the pools the team claims they will renounce ownership of that contract, ensuring rewards cannot be withdrawn or the reward modified.
Official website: https://dogsofelon.io/
Best cryptocurrency wallet for Dogs Of Elon (DOE)
There are plenty of different crypto wallets available. The best one for you depends on your general trading habits and which provides the most security in your situation. There are two main types of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical). Both have their pros and cons, and there is not necessarily a right or wrong answer when it comes to figuring out which crypto wallet is best for you.
HOW DO I DECIDE WHICH cryptocurrency WALLET TO USE for Dogs Of Elon (DOE)?
Deciding which type of wallet to use depends on a variety of factors, including:
- How often you trade. In general, hot wallets are better for more active cryptocurrency traders. Quick login ability means you are only a few clicks and taps away from buying and selling crypto. Cold wallets are better suited for those looking to make less frequent trades.
- What you want to trade. As mentioned earlier, not all wallets support all types of cryptocurrencies. However, some of the best crypto wallets have the power to trade hundreds of different currencies, providing more of a one-size-fits-all experience.
- Your peace of mind. For those worried about hacking, having a physical cold wallet stored in a safe deposit box at the bank or somewhere at home, provides the safest, most secure option. Others might be confident in their ability to keep their hot wallets secure.
- How much it costs. It is important to investigate the costs associated with each wallet. Many hot wallets will be free to set up. Meanwhile, cold wallets, like any piece of hardware, will cost money to purchase.
- What it can do. While the basics of each cryptocurrency wallet are the same, additional features can help set them apart. This is especially true of hot wallets, many of which come with advanced reporting features, insights into the crypto market, the ability to convert cryptocurrencies and more. Security features can also be a good differentiator.
For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.
Ledger manufactures cold storage wallets designed for users who want increased security. Their wallets are a physical device that connects to your computer. Only when the device is connected can you send your cryptocurrency from it. Ledger offers a variety of products, such as the Ledger Nano S and the Ledger Nano X (a bluetooth connected hardware wallet).
Trezor is a pioneering hardware wallet company. The combination of world-class security with an intuitive interface and compatibility with other desktop wallets, makes it ideal for beginners and experts alike. The company has gained a lot of the Bitcoin community’s respect over the years. Trezor offers two main models – The Trezor One and Trezor Model T (which has a built in touch screen).
Coinmarketcap will be your cryptocurrency go-to for just about everything. Here you can see the following: