The steps to buy Dogecoin on the Binance app include: registering a Binance account, depositing funds, searching for Dogecoin trading pairs, placing a buy order (limit or market order), and checking the order status.
How to buy Binance’s Dogecoin on mobile
Step 1: Register a Binance account
- Download the Binance app and install it.
- Create a Binance account and complete identity verification.
Step 2: Top up
- There are many ways to top up your Binance account, such as credit/debit card, bank Transfer money or other cryptocurrencies.
- Select your preferred recharge method and follow the instructions.
Step 3: Buy Dogecoin
- On the main screen of the Binance app, click on the “Trade” tab.
- Enter "DOGE" in the search bar to find Dogecoin trading pairs.
- Select the trading pair for Dogecoin that corresponds to the deposit method you want to use, such as "DOGE/USDT".
Step 4: Place an order
- Click the "Buy" tab.
- Enter the amount of Dogecoin you want to purchase.
- Select which limit or market order you want to use.
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Limit Order: Allows you to specify a specific price to purchase Dogecoin. When the market price reaches or falls below your limit price, your order will be executed.
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Market order: Execute your order immediately at the current market price.
- Click the "Buy DOGE" button to place an order.
Step Five: View Order
- Your order will be displayed in the "Orders" tab.
- You can track the status of your order until it is executed.
Tip:
- Be sure to do your research and understand the risks before purchasing Dogecoin.
- Consider using a cryptocurrency wallet to safely store your Dogecoin.
- Binance provides more detailed instructions on how to buy Dogecoin, which you can find on their website or app.
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