Buying DOGE on Kraken is incredibly easy, and this is how it works in five simple steps.
While Dogecoin began as something of a joke, it has since risen through the ranks to become one of the most popular cryptocurrencies in the game. Dogecoin is now widely available for purchase. But can you buy Dogecoin on the Kraken exchange, and if so, how is this done?
How to Buy Dogecoin on Kraken
Great news! You can buy Dogecoin on Kraken. But there are a few steps to take first.
Firstly, you’ll need to open a Kraken account before you’re able to buy any assets on the platform. To do this, Kraken requires various kinds of information from you, starting with your name, date of birth, and email address.
But to buy assets on Kraken, you need to verify your identity. This requires you to provide your address, profession, phone number, and a form of photo ID, such as your driving license.
On top of this, you need to provide a form of payment, such as a debit card, to buy assets on Kraken. Once you’ve done all this, you’re ready to buy Dogecoin (DOGE). So, how is this done?
- Let’s start at the Kraken homepage. At the top left of this page, you’ll see a tab named Prices.
- When you click on this, you’ll be taken to a list of cryptocurrencies, along with their price, market cap, and recent price fluctuation. Scroll down a little, and you’ll see Dogecoin.
- Then, click on the Trade option on the right-hand side of the page. If you’ve added a payment method, you’ll be taken straight to the Dogecoin purchase page, as you can see below.
- Here, you’ll be able to select how much DOGE you want to buy. To do this, you can select one of the suggested amounts or enter your own amount. Once you’ve done this, click the Review button.
- Now, Kraken will show you a summary of your purchase, along with how many DOGE you’ll be buying with the amount you’ve put forward. If you’re happy with this, click the Confirm button, and you’ve got yourself some Dogecoin.
Buying Dogecoin on Kraken Is Easy
If you’re interested in owning some Dogecoin and Kraken is your preferred exchange, the process couldn’t be simpler. Once you’ve verified your identity, it takes next to no time to select how much DOGE you want to buy and confirm your purchase. Happy trading!