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For direct USD to Dogecoin currency conversion, please refer to this guide. You can expect this process to take up to 4 - 7 days your first time through. For this guide, we will be purchasing Bitcoin BTC through a Bitcoin exhcange and then convert it to Dogecoin through a general trade exchange. To buy bitcoin, you will need to setup an account with a bitcoin exchange. I suggest and have the most experience with coinbase disclaimer: With coinbase you are required to verify your phone number and bank account.
If your bank account does not allow for instant verification, coinbase will make two small deposits into your bank account for verification similar to PayPal. This will take a few business days to show, many patience!
In order to convert your BTC to doge, trading dogecoin for bitcoin will also need an account with a trade exchange that supports virtual currency conversion. I suggest and have the most experience with Cryptsyalthough any exchange from this list would work. After creating your Cryptsy account, you will need to trading dogecoin for bitcoin a send address to transfer your Bitcoin to your Cryptsy account. Visit "Balances" from the navigation menu, select the Bitcoin trading dogecoin for bitcoin button and choose "Deposit".
Trading dogecoin for bitcoin generate a new deposit address. You will use the generated address to transfer your purchased Bitcoin to your Cryptsy account in step 4. With your exchange account created and your coinbase verification complete, you can now start the journey of acquiring Dogecoin. Such happy, many excite! We first need to purchase Bitcoin through Coinbase. Entering any amount of BTC will update your total, no need to maths! Once you have confirmed the transaction, you play the waiting game typically business days until your BTC arrives.
I suggest packing for your trip to the moon in the meantime! The send address should be the Cryptsy wallet address you generated in step 2. After the Bitcoin has been deposited into your Cryptsy account, it's time to convert it to Doge! You may get a price alert trading dogecoin for bitcoin you that you are buying higher than the current selling price. If you receive this message, cancel and modify the "Price per DOGE" to match the current top selling price, then resubmit your buy order.
You will receive an order confirmation screen after submitting your buy order. Confirm for much coin! Choose the send address for your Trading dogecoin for bitcoin wallet, enter the amount of Doge you want to send and process the withdrawal. Toggle navigation dogecoin tutorial. Last updated on Jan 31,