How to Buy Dogecoin (DOGE) in Armenia

A Step-by-Step-Guide on how to buy Dogecoin (DOGE) in Armenia

Step 1 – Join Coinmama

You will first need to purchase one of the bigger coins. Exchanges commonly accept either BTC (Bitcoin) or ETH (Ethereum) in exchange for any other Cryptocurrency. Follow the Link below to register and to get your BTC (Bitcoin) or ETH (Ethereum).

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Crypto Trader

Your ETH (Ethereum) or BTC (Bitcoin) has to be sent over to an Crypto Trader now. All exchanges have a deposit form that is alike. Dogecoin (DOGE) is available on Binance, so we will use that as an illustration. Unsure on how to send Coinbase funds to an Crypto Trader? (Follow this manual)

Make sure you have selected the right coin you want to deposit.

BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, and so forth. In the case you're dealing with a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).

Step 3 – Find {Dogecoin (DOGE)|(DOGE) Dogecoin}

Once your deposit has been verified, you'll now have access to your finances and you can commence purchasing and trading. To buy {Dogecoin (DOGE)|(DOGE) Dogecoin} on Binance, you'll want to hover over the tab which is called “Exchange” and after that click on “Basic”.

In order to spot {Dogecoin (DOGE)|(DOGE) Dogecoin}, you'll need to put the short name of the asset (DOGE) into the search box, which is highlighted in the picture. Make sure you have selected the right pairing, we've highlighted this too. Click on “DOGE/BTC” to proceed.

{How to buy Coin on Binance 1|Binance How To Buy 1} Dogecoin (DOGE)
Step 4 – Acquisition of {Dogecoin (DOGE)|(DOGE) Dogecoin}

As soon as you've spotted {Dogecoin (DOGE)|(DOGE) Dogecoin}, you will be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the image). For now we're going to create our own Limit Order.

The ”Price” field will be automatically filled with the latest valuation {Dogecoin (DOGE)|(DOGE) Dogecoin} was sold for. This can be changed to your preferred rate. The ”Amount” field is the volumen of DOGE you want to buy. The field with the “Total” tag is the whole price in BTC that you'll settle for the complete volumen of DOGE.

If you're glad, click on “Buy DOGE”. Your order will be filled as soon as a Vender sells their DOGE for the price you gave.

Step 5 – Withdraw {Dogecoin (DOGE)|(DOGE) Dogecoin}

Unless you're regularly trading, best advise is not to keep your crypto on an Cryptocurrency Exchange for an extensive time period. In order to withdraw your {Dogecoin (DOGE)|(DOGE) Dogecoin}, go to the ”Funds” tab and click on “Withdraw”. {Dogecoin (DOGE)|(DOGE) Dogecoin} can be stored securely using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide)

Find {Dogecoin (DOGE)|(DOGE) Dogecoin} by using the given drop-down box. Enter the volumen of {Dogecoin (DOGE)|(DOGE) Dogecoin} you'd wish to withdraw. Don't forget the demonstrated fees/minimums. Also make sure you have entered your precise withdraw address.

When you're happy, click on “Submit”. You could be requested for email/phone verification before a take off.

Congratulations! You have successfully bought and safed Dogecoin (DOGE) in Armenia.

That's it!

Withdrawals from Cryptocurrency Exchange can durate between 1 – 30 minutes (depending on network usage). Once you've confirmed your take off with Ethplorer.io or Etherscan.io and the {Dogecoin (DOGE)|(DOGE) Dogecoin} is safe inside your wallet, you are all done.

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