Webull is now open to crypto! Get started now.
In what has been an incredible 2021 for Dogecoin, the meme cryptocurrency now has a market cap of around $50 billion.
Today, you can buy Dogecoin on exchanges such as Robinhood, Kraken and Coinbase. Compared to other cryptocurrencies such as Bitcoin and Ethereum, DOGE has been relatively harder to find for retail investors. This is all about to change — the exchange Webull has announced that it will start offering DOGE on April 20.
About Webull Crypto
Webull Crypto allows its users to trade cryptocurrencies 23 hours a day, 7 days a week. You can spend as little as $1 per trade and your funds settle instantly. Webull Crypto also offers custom charts and indicators for crypto traders. Besides Dogecoin (Crypto: DOGE), users can also trade Bitcoin (Crypto: BTC), Bitcoin Cash (Crypto: BCH), Ethereum (Crypto: ETH) and Litecoin (Crypto: LTC).
Buying Dogecoin on Webull
Webull has quickly become one of the top commission-free trading platforms for retail traders. As a result, it should come as no surprise that the brokerage added Dogecoin to its crypto menu.
Now called “DOGE Day,” DOGE began trading on Webull Crypto at 1 a.m. EST on April 20. The meme cryptocurrency already gained more than 8,000% in 2021. In other words, if you had invested $1,000 In Dogecoin on January 1, 2021, you would have nearly $50,000 today! Follow these 4 steps to buy some DOGE for yourself.
How to Buy Dogecoin (DOGE) on Webull
- Download or open Webull.
First, download or open up the Webull app. You can download Webull on the Google Play store or the Apple App store. Once you have the app downloaded, you need to register for your own account. Keep your bank account information handy, as you will need this to link your account and start trading DOGE.
- Fund your account.
Once you have your Webull account set up, you need to fund your account. Simply link your bank account and deposit the amount of money you want to put into your account. To do this, add your bank account number and your Social Security number, if required.
- Decide how much Dogecoin to buy.
After you deposit funds into your Webull account, determine how much you want to use to buy DOGE. Remember, DOGE, a meme cryptocurrency, has seen outsized gains in 2021. You should only invest money into DOGE that you can afford to lose. Once you decide how much money you put into DOGE, start looking for a good price to enter into your DOGE position.
- Execute your trade.
Now that you have funded your account and know how much Dogecoin you want to buy, simply search for the ticker DOGE on Webull Crypto. Indicate the quantity of DOGE you want to buy and hit the buy button. Webull Crypto will execute your order and you should see DOGE show up in your account.
- Active Traders
Webull Crypto Alternatives to Buy Dogecoin
Webull, an all-encompassing brokerage platform, allows its users to trade stocks and cryptocurrencies commission-free. While this is great for many traders, others may prefer a brokerage that has more of a niche focus. Regardless of your trading style, take a look at some of Benzinga’s top selections for buying and selling DOGE.
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