How to Buy Dogwifhat (WIF) on Popular Exchanges Such as Coinbase and eToro

SHORT ANSWER: dogwifhat is a meme token that was once worth $0.000001366. It is now sitting at $3.12, making it the 46th largest cryptocurrency by market cap. Given WIF’s rise to fame, now you can buy WIF through multiple exchanges like Binance, Gate.io, Kraken and Orca. Find out how below. 

Dogwifhat (WIF) Overview 

dogwifhat (WIF) is a meme coin that originated in November 2019 when a user named Issa changed his profile picture to a Shibu Inu dog with a hat. This action snowballed into a meme that became widely recognized across online communities. Four years later, developers saw the opportunity to build a meme coin based on this internet sensation. In November 2023, dogwifhat (WIF) launched on the Solana blockchain, priced at $0.000001366. The coin gained traction in the crypto community, growing exponentially. Since its creation, WIF has grown 24,538,361% in just a few months, becoming one of the top meme coins in the market. 

How to Buy Dogwifhat in 3 Steps

1. Create an Account 

The first step to purchasing WIF is to open an account with a cryptocurrency exchange that allows you to buy, sell and trade WIF. Some of the most popular platforms for purchasing WIF include Binance, Kraken, Gate.io and Orca. If using an exchange, you will be prompted to fill in your personal information to verify your identity. It typically takes a few days for your information to be verified. After you are verified and have created an account, make sure to write down your login credentials somewhere safe. 

2. Fund Your Account

Once your account has been created, add funds to it. Binance, Gate.io and Kraken accept debit payments, wire transfers and crypto deposits from other exchanges and wallets. On Orca, you connect a wallet that contains Solana, which will be used to swap.  

3. Buy dogwifhat (WIF) 

After funding your preferred cryptocurrency exchange, navigate to the buy or trade section and type in dogwifhat or WIF. Once it pops up, click on buy/trade. When you are ready, purchase WIF. Cryptocurrencies are inherently volatile assets that change in price 24/7. Before purchasing, do your due diligence on WIF to decide the best entry point. 

If you are using a decentralized exchange (DEX) like Orca, once you have purchased SOL, navigate to the swap section. Select SOL and WIF by either searching or pasting the contract address. After confirming your swap is correct, complete the transaction.  

Where Can I Buy WIF Tokens? 

Over 30 exchanges support WIF. Here are some of the most popular and reputable exchanges to begin trading. 

Binance: The largest crypto exchange by daily volume, providing access to over 400 cryptocurrencies. Binance provides a phenomenal user experience and is the most popular platform among WIF traders. 

Gate.io: A crypto exchange supporting the WIF/USDT trading pair. With a robust platform for crypto traders, Gate.io had over $500 million in WIF trading volume on March 27, 2024. 

Kraken: A trusted exchange founded in 2011, Kraken provides multiple markets to trade WIF. Multiple payment methods are accepted, and the exchange charges a commission of 0.26% per trade. Kraken experienced $5.6 million of WIF trading volume on March 27, 2024. 

Orca: Orca is a great option if you prefer to purchase crypto on a DEX. Orca supports the WIF/SOL trading pair and had a 24-hour trading volume of almost 1.5 million on March 27, 2024. 

Where to Store Dogwifhat (WIF) 

If you are seeking an additional layer of security, wallets are a great way to keep more control and security of assets like WIF. 

• Best hardware wallet: Ledger offers hardware wallets that keep your crypto safe and secure offline, providing a simple and smooth user experience for all levels of investors. 
• Best software wallet: ZenGo allows you to bulletproof the security of your crypto without needing to take it offline. With an unparalleled user experience and secure recovery features, ZenGo is one of the best mobile wallets in the market. 

Is WIF Worth the Hype? 

dogwifhat (WIF) is a meme coin that has experienced stratospheric growth. Growing 24,000,000% since its creation, WIF is the 46th largest cryptocurrency by market cap at $3.2 billion. Check out Benzinga’s WIF price prediction for March here to see where experts think WIF will head next. Given its swift rise to fame, more exchanges are beginning to support WIF. More access makes it more convenient to purchase the coin, which helps drive its price and allows the average investor to get a piece of the action. The most popular crypto exchange for trading WIF is Binance, with over $700 million in trading volume in 24 hours on March 27, 2024. Since WIF has no underlying utility, it has grown through the community's camaraderie. Unlike Bitcoin, a deflationary asset with utility, WIF is a highly speculative investment with more volatility than other cryptocurrencies. Given this information, investors should only invest what they can afford to lose, exercising caution and doing their research before purchasing.  

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Disclosure: ²Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards. ³Crypto rewards is an optional Coinbase offer. Upon purchase of USDC, you will be automatically opted in to rewards. If you’d like to opt out or learn more about rewards, you can click here. The rewards rate is subject to change and can vary by region. Customers will be able to see the latest applicable rates directly within their accounts

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