Dogecoin, or Doge, is a digital currency that began in 2013. It was an entertaining concept, but it soon gained popularity worldwide. It is now applied in making payments, tips, and even in charity projects. The reason why many people in Canada are willing to purchase Doge is that it is user-friendly and has a robust community. One of the exchanges that allows purchasing Doge safely and easily is Bitget. It is a site where individuals can open an account, deposit funds, and trade Doge. Bitget also possesses a wallet where coins are stored. This article will tell how to buy dogecoin in canada and how to check and monitor the wallet on Bitget.
Learn About Doge Before Buying
Doge has its blockchain. A blockchain is a technology that tracks all the transactions of the coin. Doge employs the so-called Proof-of-Work. This implies that miners utilize computers to verify trades, and in exchange, they receive new Doge. Doge does not have a maximum number, as compared to some other coins. Approximately 10,000 new Doge are created in a minute. The current supply of Doge is over 132 billion. Being aware of these facts, buyers can learn how Doge functions before spending money to purchase it.
Create an Account on Bitget
The process of purchasing Doge on Bitget starts by creating an account. It is a free process that does not take long. Registration requires an email and a country of residence. Bitget then requests identity checks. This process involves an ID and a photo to ensure that the account is genuine. Such checks are highly significant. They guard the platform against fraud and secure trades. After the account is accepted, the individual may proceed to the next stage.
Add Money Safely
Once the account is prepared, the second thing is to add money. People in Canada have numerous safe options at Bitget. It is possible to use credit and debit cards such as Visa and Mastercard. It also supports Apple Pay and Google Pay. Another option to add funds is bank transfers. Bitget also provides peer-to-peer trading, which is also known as P2P. Within this system, customers are directly linked with sellers, yet the Doge is held in escrow by Bitget. Escrow refers to the fact that the Doge is kept in a safe place until both parties agree that the payment has been made. This renders the process secure. Additional money may also be introduced by means of fiat balance deposits. This is enabled by services such as SEPA, Faster Payments, PIX, and Advcash. Doge can be bought after adding funds.
Buy Doge in Small Steps
Doge can be purchased on Bitget for as low as 5 Canadian dollars. It is a safe way to learn by starting small. This assists new buyers to learn how trades are done without spending much money in a single transaction. It also allows for practice in balance checking, trading, or learning how to withdraw coins later.
Check the Bitget Wallet
After purchasing Doge, it is deposited in the Bitget spot wallet. This is where all coins are kept. To check the wallet, one can go to Assets on the site or the app. The balance of Doge and other coins is displayed in the spot wallet. Through this wallet, one can trade, convert coins, or withdraw funds. It is a safe habit to check the wallet after every purchase. It ensures that the coins have been delivered and are in the right storage.
Keep the Wallet Safe
Safety does not stop when Doge is purchased. It is quite essential to protect the wallet. Bitget employs powerful instruments in this. One of them is two-factor authentication. It provides an additional code during login or trade. Bitget also stores the majority of the coins in cold storage. Cold storage refers to the fact that coins are stored offline and are not exposed to hackers. Good passwords also contribute to the security of the wallet. Other clever measures are to log out after trades and never give out account information. These practices render the wallet secure in the long term.
Add More Doge with Rewards
Bitget also offers rewards that may be converted to Doge. One of the programs is called Learn2Earn, and the basic lessons bring coins. Another is Assist2Earn, and referring friends is rewarded. Bitget also occasionally provides free coins in the form of airdrops and promotions. These rewards are exchangeable or tradable with Doge within the platform. It is a simple method to increase the wallet without additional expenses.
Conclusion
Dogecoin started as a joke but has become a popular coin that has practical applications. Bitget allows purchasing Doge in Canada securely and easily. These are learning about Doge, opening an account, depositing money, purchasing small amounts, and monitoring the wallet frequently. It is also a good habit to keep the wallet safe, monitor the prices, and use rewards. Using these steps, it is possible to purchase and track Doge in Canada using Bitget.
