How to Buy Bitcoin With Dogecoin – Cryptocurrencies have conquered the modern financial world with escape velocity. They have gained popularity precisely because of the pros provided by anonymity and decentralization — two qualities that are in demand today in the century of the computerization of all processes more than ever before. It doesn’t have any physical form and only exists in the electronic network as data.
Of course, Bitcoin still remains the most prominent one. The purpose of its development was to create a digital coin to buy products and services with it. It works on a public blockchain ledger with transaction verification. These days the market is crowded with over 3000 different alternative currencies and we hear new names constantly. None the less, there are only several tokens that can boast they are quite good to become Bitcoin’s potential opponents. And, in this respect, Dogecoin is absolutely worth mentioning.
Doge places among altcoins that carry some weight in the industry. Its launch happened in 2013 and firstly no one could think it would become something serious — this crypto was made as some sort of a joke. But the history went differently and soon it became a very recognizable and popular digital asset. The name comes from a fun picture of a Shiba Inu dog (or Doge) that was very popular on the Internet (you can still commonly come across it while surfing the Internet).
We invite you to read below to find a step-by-step guide on how to buy btc with doge. We decided to use the Quickex swapping service, which we like the most — in our experience, it is one of the best exchange platforms in terms of prices, security and ease of use. Simply follow this manual’s instructions:
This is a prerequisite for work with the exchange — you are able to register if that’s what you want. You have to write down your e-mail address to sign up on the site.
To see which cryptocurrency pairs are available for exchange scroll the page down. Find the title “Popular exchanges” and press the “DOGE to BTC” button.
In the window that pops up enter the amount of dogecoins you aim to exchange and press the “Exchange” bottom to proceed.
Take a look at the order details. Please, double-check all the information: verify the amount, make sure the exchange rate and estimated arrival time are suitable for you.
At this stage, the actual exchange process begins — you don’t have to do anything anymore. It includes three phases, as follows:
Receiving confirmation. After DOGE is confirmed on the blockchain, Quickex begins to exchange it to BTC.
Exchanging. It usually takes 5-30 minutes, but the average time is about 12 minutes.
Sending to the destination wallet. Now Quickex is sending BTC to your wallet. Check it after the transaction is complete.
Here we are! Now you know how to buy bitcoin with dogecoin. The exchange is accomplished — sometimes it takes more time, sometimes less. Take all procedures with money very seriously and do your own research before performing them.