ANOTHER Elon Musk-named coin !!!?? What the HECK?
This is the quickest way to buy Dogs of Elon (DOE) crypto (for both US and NON-US residents).
How to Buy Dogs of Elon (DOE)?
Want to jump straight to the answer? Here’s my 3-Step Process:
STEP 1. Choose a Fiat-to-crypto exchange
Sign up for an exchange that offers fiat-to-crypto purchases. There are two routes:
- We recommend Gate.io (NON-US) and MEXC (US & NON-US) as they do support fiat currencies, stablecoins (USDT and USDC), and Dogs of Elon DOE.
Alternatives: You can use a non-custodial exchange like Changelly
STEP 2. Buy a Crypto Paired with DOE crypto
Dogs of Elon (DOE) is paired with USDT, WETH, and USDC. Buy USDT if you want to use a centralized exchange (CEX) and USDC if you prefer a Decentralized exchange (DEX).
STEP 3. Buy Dogs of Elon coin in a supporting Exchange
We recommend Gate.IO (CEX), MEXC (CEX), and UniSwap (DEX).
Note: Dogs of Elon coin is also listed on Poloniex and Hotbit. However, we are not confident about the coin’s liquidity on these exchanges.
STEP 4 (Bonus). Keep your DOE Token safe
This step is often overlooked. “Not your keys, Not your coins.” Keeping your coins in an exchange is never wise (see the recent FTX collapse). The best hardware wallet for Kuma Inu coin is Ellipal. Alternative options are SafePal and Ledger Nano X
NOTE: If you want a DETAILED description of the process. Keep on reading!
Where to buy Dogs of Elon?
We recommend the following crypto exchanges:
Best NON-US CEX
Gate.IO
Payment Methods:
Credit/Debit Card, Bank Transfer (SEPA & SWIFT), P2P, ACH, Wire.
Fees:
Flat 0.20%
Account Minimum:
~$10 minimum
Best US CEX
MEXC Global
Payment Methods:
Credit/Debit Card, Bank Transfer (SEPA & SWIFT), P2P, ACH, Wire.
Fees:
Flat 0.20%
Account Minimum:
~$1 minimum
Best DEX
Uniswap
Payment Methods:
NONE
Fees:
~0.30%
Account Minimum:
NONE (Wallet Needed)
*Note: To use UniSwap, buy USDC on Gate.io (NON-US) or MEXC (US & NON-US) first and exchange it for DOE on UniSwap (DEX).
Dogs of Elon coin (DOE) is a utility-driven meme coin with a thriving ecosystem of over 116,000 followers on Twitter and over 6,000 holders across the globe. Dogs of Elon coin incorporates unique features such as the retro-inspired NFT gaming platform and NFT explorer
Here’s how to buy Dogs of Elon (DOE) in a nutshell. If you want a DETAILED, step-by-step guide, here’s what we’ll cover:
- 1. How to buy Dogs of Elon (DOE) (In 3 DETAILED Steps – CEX & DEX Route)
- 2. Where to keep Dogs of Elon Token SAFE (from human error and hackers)
- 3. FAQs
1. Buy Dogs of Elon in 3 DETAILED Steps
In this section, you will know EXACTLY (Step-by-Step) how and where to buy Dogs of Elon (either if you are a US or Non-US resident we got you covered).
There are two routes you can take to purchase Dog of Elon token:
- Route 1. Centralized exchanges (CEX): A Centralized cryptocurrency exchange is also called custodial because they hold the keys to your funds. It is more suitable for beginners as the UX is better and the process is simpler.
- Route 2. Decentralized Exchanges (DEX): Decentralized crypto exchanges are also called non-custodial because you hold the keys to your funds at all times. You will need a software or hardware wallet to connect to the exchange. It is a bit more complicated because the UX is still not there.
I will not leave any stone unturned (If you are new, DON’T WORRY!)
STEP 1 – Sign UP For MEXC Global
Launched in 2018 in Seychelles, MEXC global is a well-established and reputable cryptocurrency exchange that ranks among the top 15 global exchanges. MEXC Global has met all regulatory requirements and holds licenses in the United States, Switzerland, Canada, Australia, and other countries.
MEXC global offers over 800 cryptocurrencies and has competitive platform fees (0.2%). MEXC provides fiat-to-crypto services (card, bank transfer, P2P, etc.), as well as spot, margin, and futures trading, ETFs, and staking services. We recommend MEXC Global for your fiat-to-crypto purchases
To create a MEXC Global account follow these steps:
Step 2: Sign up with your email or cell phone number. Create a hacker-proof password and enter the email verification code you will receive. When you are ready, read and accept the user agreement. Then click on “Sign up.”
Step 3: We recommend reducing your account risk level by enabling MEXC/Google authenticator.
- 3.1 Go to Security, select “Security Recommendations,” and then select Set Up under MEXC/Google Authenticator.
- 3.2 Download MEXC/Google Authenticator for mobile or browser.
- 3.3 Follow the steps on the screen to set it up correctly
Step 4 (Optional): We recommend passing the primary KYC in order to enhance your 24-hour withdrawal limit to 40 BTC and receive additional perks and bonuses. MEXC Global may request KYC for bank transfers, P2P trading, and other services.
- 4.1 Under Identification click on “Primary KYC” and then “Verify”
- 4.2 Provide all the details and click on “Submit for review”
Approval is fast! It won’t take long! Check your email for confirmation!
STEP 2 – Buy USDT on MEXC Global
MEXC Global supports fiat-to-crypto exchanges with a variety of payment methods: Credit/Debit Card for quick transactions and Bank Transfers (SEPA & SWIFT).
Step 1: Next to MEXC Global logo hover over Buy Crypto and click “Third-party payment.”
Step 2: Enter your fiat currency amount in the Pay box. Pick USDT in the Get box. Choose your selected service provider, and press the “Buy USDT” button.
Step 3: You will be taken to the service provider’s website, where you will enter your information and make the purchase.
Step 4: That’s it! You have purchased USDT!
Note: You can deposit fiat currency into your account using the global bank transfer option (SWIFT/Wire Transfer). This option is cheaper but slower (it may take a few days), and requires advanced KYC identification. For faster and more efficient transactions we recommend choosing a third-party supplier that accepts both credit/debit cards as well as local and international bank transfers (e.g., Simplex).
STEP 3 – Buy Dogs of Elon (DOE) on MEXC Global
MEXC Global offers both beginner (spot trading) and advanced trading tools such as margin trading and quantitative trading. The trading exchange platform is really simple to use.
Step 1: At MEXC Global Exchange, hover over Trade and click on “Spot.”
Step 2: Look for DOE/USDT in the search bar, then click on “DOE/USDT” to open the chart.
Step 3: Below the chart is a panel with multiple order options (Limit, Market, and Stop-Limit). To buy Dogs of Elon Doe at the current market price select Market, and set the percentage of your USDT balance that you are comfortable investing/trading (use the green slider below).
Step 4: Then hit “Buy DOE.” Confirm your order and your DOE will be in your account.
Note: Simply put, a Limit order allows you to place an order at a specific price or better to set better entries and take-profit targets. A Market order executes an order at the current market price. A Stop-limit order is a type of stop-loss that becomes a limit order at the stop price (only executing at the limit price or better)
If you want to use a decentralized exchange (DEX), the process is a little more complicated. DON’T Worry, we’ve broken everything down for you step by step below.
UniSwap
UniSwap is the most popular decentralized exchange native to the Ethereum Blockchain. It uses a trading model called automated liquidity protocol (instead of order books). On Uniswap, you can earn passive income depositing crypto into a liquidity pool (yield farming), provide liquidity to a DeFi protocol (liquidity mining), and pledging your coins to support a PoS blockchain (staking).
Uniswap, unlike centralized exchanges (CEX), does not hold user funds. So, the first thing you’ll need is a cryptocurrency wallet.
There are two types of crypto wallets:
- Software (Online) Wallets: Software wallets are connected to the internet and are useful to move funds quickly. We recommend Metamask (browser) or Trust Wallet (mobile).
- Hardware (Offline) Wallets: Hardware wallets are the most secure way to store your coins and keep them away from hackers. The best hardware wallets for storing DOE tokens are Ellipal Titan, SafePal, and Ledger Nano X (see Step 4).
We will go over the steps for Metamask, one of the most popular software wallets. Remember to keep your crypto assets safe with a cold (offline) wallet.
Step 0: To get started, please install the Metamask Wallet extension (Chrome Web Store); the iOS app (app store), or android app (google play). The application is completely free.
Step 1: Click on the app extension (fox symbol) first and click on “get started”
Step 2: Click on “Create a Wallet”
Step 3: Click on “No thanks” or “I agree.” This is all up to you.
Step 4: Create a password, confirm it, tick the box that says “I have read and agree to the Terms of Use” and click on “create.”
Step 5: Watch the video about your Secret Recovery Phrase and click on “next.”
Step 6: Securely back up your 12-word recovery phrase (seed phrase). Keep it safe on a password manager or old pen and paper as Metamask cannot recover this phrase for you. After that click on “next.”
Step 7: Confirm your secret recovery phrase (in order) and click on “confirm.”
Step 8: Congratulations! You are set!
STEP 2: Buy & Transfer ETH and USDC
It is time to buy ETH (Fees) and USDC. You can use a non-custodial exchange like Changelly and follow this link to purchase ETH and this link to purchase USDC. No KYC is needed, just your wallet address*.
*In Metamask, the wallet address is under your account name (initial page). Ensure you are on the right network (Ethereum Mainnet). Easy, RIGHT?
Or you can sign up to MEXC or Gate.IO (Non-US). To buy ETH, follow these steps:
- MEXC: Buy Crypto > third-party > enter fiat currency amount in the Pay box > Pick ETH in the Get box > Choose service provider > Press “Buy ETH” button.
- Gate.IO: Buy Crypto > Credit Card > Enter fiat currency and amount > Pick ETH > Select service provider > Press Purchase button
Note: Repeat the process for USDC
If you use MEXC or Gate.IO please withdraw your ETH and USDC to your Metamask wallet. Follow the steps below:
- MEXC: Go to Overview (profile) > search for ETH > Click on Withdraw > Input Metamask wallet address > Withdrawal network (ERC20) > Choose amount > Click “Submit.”
- Gate.IO: Go to Wallet > funds overview > select Withdraw > Choose ETH > Ensure ERC-20 is selected > input Metamask Wallet Address > Enter the amount > Confirm with your fund password, email, and google authenticator and click on “Submit Request.”
Note: Repeat the process for USDC
Tada! Your USDC is now ready to be traded into DOE in your wallet!
STEP 3: Connect Metamask Wallet to UniSwap
This step is crucial! Scammers use fake websites to steal your coins. Before connecting your wallet, make sure you’re on the official DEX website, or you risk losing your funds. Never share your seed phrases or private keys with anyone! Keep your coins safe with a cold/hardware wallet! You may potentially receive “spam tokens” in your wallet. Do not transact with such tokens, or you risk having your wallet compromised (aka hacked).
Connecting your Metamask Wallet to Uniswap is simple. Click on “Connect Wallet” in the upper right corner, then select Metamask Wallet from the list. Enter your Metmask password and unlock your wallet. Once you are in, select the account (s) to use on this site, click on “Next” and “Connect.”
STEP 4: Buy Dogs of Elon (DOE) on Uniswap
Step 1: Ensure you are on “Swap.”
STEP 2: Ensure Ethereum Mainnet is selected. You must add the token DOE. On the initial screen go to import tokens. Enter the following addresses under the contract token address:
Dogs of Elon DOE): 0xf8e9f10c22840b613cda05a0c5fdb59a4d6cd7ef
When you click “add custom token” and “import token”, DOE token will be displayed on your wallet.
Step 2: In the Swap Box, select USDC and search for DOE. You will need to import DOE (via coinmarketcap, ensure is the right token address). Click on “Import.”
Step 3: Enter the right amount of USDC you wish to swap for DOE and click “Swap” then “confirm Swap”.
Voilà! Your DOE token just arrived on your Metamask Wallet!
Alternative Dog of Elon Exchanges
Gate.IO (NON-US)
Gate.io is one of the world’s top ten cryptocurrency exchanges with over 1300 digital currencies and untapped altcoins. Gate.io is one of the oldest Chinese exchanges.
It was founded in 2013 and has gained a solid reputation for its services and strong security measures. It has decent platform fees (0.2%) with huge discounts and privileges for GateToken Holders.
Gate.io offers products such as spot trading, leverage trading, leveraged ETF, futures trading, quantitative trading, staking, crypto loans, and liquidity mining. Due to recent changes in the regulatory climate in the United States, Gate.io no longer provides any services to the U.S or Canada.
Hotbit (NON-US)
In terms of daily trading volume, it has grown to be one of the world’s largest and fastest-growing exchanges. Hotbit has one of the most diverse selections of altcoins, as well as products such as spot trading, interest deposits, and ETFs. Hotbit doesn’t offer services for US customers but does not prevent them from using it.
Poloniex (NON-US)
Poloniex is one of the oldest (2014) crypto exchanges. Despite not being so popular nowadays, it offers low fees (~0.125%) and a variety of products like fiat-to-crypto purchases, spot trading, futures, and NFTs. Poloniex is not available in the US.
Non-Custodial Fiat-to-Crypto Exchanges
You can also use a non-custodial exchange (the exchange does not hold your private key or “password”), such as Changelly or SwapSpace, but you will need an altcoin exchange (custodial wallet) or cryptocurrency wallet (non-custodial wallet) to access your funds. This method requires no registration or KYC and is usually more convenient, but slightly more expensive.
Changelly
Changelly is a popular and well-established fiat-to-crypto exchange with the mission of making the exchange process simple for everyone. Changelly has been in operation since 2015 and provides the ability to buy crypto with fiat currency as well as exchange Bitcoin and 200+ altcoins in a fast, simple and secure way. Changelly does not require any registration/KYC.
2. STEP 4 (BONUS) – Keep DOE SAFE
Have you heard about Lehman Brothers, Celsius, Voyager, and BlockFi?
What about the most recent? FTX exchange collapse (the next “big short movie?”)
We are talking about people losing retirement savings. People losing pensions. People losing homes. People losing health. People losing faith. People going bankrupt.
Crypto was invented to mitigate these risks (counterparty risk).
Centralized Exchanges (CEX) are the most convenient option for newcomers, but they are also the least secure for keeping your coins safe (you are injecting counterparty risk).
Centralized solutions suffer from corruption, mismanagement, censorship, and fragility (target for both hackers and government litigations).
There is a mantra in the crypto world: “Not your keys, Not your coins.”
Once you’ve bought your DOE crypto from the chosen exchange, be sure to transfer it to your personal crypto wallet. The safest option is a cold/hardware wallet.
What is a cold/hardware wallet?
A cold/hardware wallet is a physical device or object that does not have an internet connection. A cold wallet stores the keys offline (hacker-proof). Cold Wallets are non-custodial wallets (you hold your keys at all times) and are considered the safest option.
The best hardware wallets for Dogs of Elon (DOE) are:
ELLIPAL Titan
Type:
Hot (online) & Cold (Hardware)
Coins Supported: 40 Blockchains (10k+ Tokens)
Native Support*
Easy-to-Use UX
Air-gapped: 100% offline
Anti-Tamper: Physical and supply chain protection
SafePal
Type:
Hot (online) & Cold (Hardware)
Coins Supported: 54 Blockchains (30k+ Tokens)
Native Support*
User-friendly UX
Air-gapped: 100% offline
Cross-Platform: Mobile, Web Browser + Hardware
Ledger NANO X
Type:
Cold (Hardware Wallet)
Coins Supported:
+ 5,500 Tokens
Up to 100 apps:
High Reputation
Bluetooth Connection
Cross-Platform: IOS & Android, Desktop (W, OS, L)
*Note: Ellipal Titan and SafePal support DOE directly. If you prefer Ledger you must pair it with Metamask
3. Frequently Asked Questions (FAQs)
What is Dogs of Elon?
Dogs of Elon is a meme coin community-centric, DeFi cryptocurrency, and NFT project that aims to promote blockchain technology through memes, utility, and collaboration.
Dogs of Elon coin incorporates unique features such as the retro-inspired NFT gaming platform and NFT explorer. Interesting is its concept of a meme coin that goes far beyond animal-themed tokens. Dogs of Elon is working hard towards full decentralization with its DOE DAO (decentralized autonomous organization).
Dogs of Elon coin (DOE) has over 116,000 followers on Twitter and over 6,000 holders across the globe.
Where can I buy Dogs of Elon crypto?
The best exchanges to buy Dogs of Elon are Gate.IO (CEX), MEXC (CEX), and UniSwap (DEX). Alternative exchanges are Poloniex and Hotbit.
Where can I buy Dogs of Elon NFT?
Currently, the Dogs of Elon collection of 10,000 NFTs is available on OpenSea and LooksRare. Dogs of Elon is planning to launch its own NFT marketplace to allow DOE NFT purchases without relying on third parties.
Is Dogs of Elon in Binance?
No, the Dogs of Elon coin is not available on Binance. The simplest and fastest way to buy Dogs of Elon coin (DOE) is through a custodial exchange such as Gate.io (non-US) or MEXC Global (US).
How can I stake Dogs of Elon (DOE)?
You can stake DOE in here with your wallet. You must first approve your DOE for use on the staking contract before entering the amount and pressing stake.
The information provided in this guide is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrencies). Bear in mind that low caps ($1M - $10M or 25 - 250 BTC market cap) with $100K trading volume are extremely volatile. Do not get cold feet by FOMO or go all-in on a project. Never invest money you can’t afford to lose. The author, at the time of writing, does not hold positions on Dogs of Elon (DOE).
