How to buy Dogecoin in India?
Dogecoin is a cryptocurrency created by Billy Markus and Jackson Palmer. They made Dogecoin as a joke but the cryptocurrency got serious attention from investors. Today, Dogecoin has a market capitalization of over $67 billion. The cryptocurrency also got positive words from Elon Musk and it helped in raising the value of Dogecoin. In the past 40 days, the cryptocurrency saw a 10 times surge in its price. Here’s how the market capitalization of Dogecoin increased in past one year.
Also see: How to Buy Bitcoins in India
If you are interested in buying Dogecoin in India, there are some crypto exchanges that support it. In this article, I will add a few crypto exchanges where you can buy Dogecoin.
WazirX is a popular cryptocurrency exchange that recently added support for Dogecoin. If you are already using WazirX, you can check the app. Otherwise, download the WazirX app and sign up for the account. Before you start investing in Dogecoin, you need to do eKYC and enable the 2 Factor authentication. You also need to add your bank details to add and withdraw money.
Once you have added your bank account and perform KYC, you can check the available list of coins for trading. Tap on the Buy button in front of Dogecoin and then enter the amount you want to invest in the Dogecoin. You can make payments directly through bank deposit, credit card, debit Carr or UPI.
CoinSwitch is another notable and safe cryptocurrency exchange in India that lets you purchase and trade Dogecoin in India. You need to install the app, signup using your phone number, and add your bank account. As the app deals with crypto trading, you also need to do KYC. Once you have added your bank account, you can purchase the Dogecoin using Indian currency.