Cryptocurrency like Dogecoin is no longer news to anyone. The news may be the level of regulation in different regions across the globe.
One thing is for sure – it’s here to stay, and it continues to gain ground and enjoy much acceptance by those inside and outside the financial sector. Cryptocurrencies are a form of digital currency that can now be used for trading and investment.
As of today, there are over 12,000 cryptocurrencies in existence. The number doubled between 2021 and 2022 alone, which shows that the level of acceptance is at a rate never experienced before.
Crypto exchange platforms are used for trading these digital coins, and one of the top crypto trading platforms is Canada is Coinberry.
No doubt, it is a reliable crypto trading platform that trades one of the most talked-about cryptocurrencies in recent times, Dogecoin. This article will focus on how to trade Dogecoin (DOGE) on Coinberry in Canada.
About Coinberry
Coinberry is a Toronto-based crypto exchange platform that was established in 2017. It has since offered its users the platform to buy different cryptocurrencies such as Dogecoin and Bitcoin. Coinberry is Canada’s trusted crypto exchange with a simple and seamless user experience where you can buy and sell bitcoin and other cryptocurrencies instantly.
The platform secures its crypto prices using its proprietary algorithm from exchanges across the globe. It is registered with the Financial Transaction and Reports Analysis Centre of Canada (FINTRAC) as a Money Service Business (MSB) and is required by law to be compliant Know-Your-Customer and Anti-Money Laundering policies. In addition, it is the first crypto trading platform in Canada to introduce 0% funding fees and 0% withdrawal fees.
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How to Buy Dogecoin (DOGE) in Canada within Minutes?
Buying Dogecoin in Canada is pretty easy using the Coinberry exchange platform. You can do this by visiting their website or downloading the Coinberry app from Play Store or App Store and creating an account.
The next step is to verify your account. First, information such as your name and address is confirmed. Verification is immediate, and you don’t have to worry about any delay whatsoever.
Then you can fund your Coinberry account with as little as CAD 50 through e-transfer or wire transfer, after which you can start trading Dogecoin. First, go to the buy and sell tab on the site or app and click buy. Then you click on Market to buy at the current market price. Please enter the desired amount you want to purchase; then, you preview your order before confirming it.
Once you are ready, click on place order, and your order will be completed in a matter of seconds. You are guaranteed of getting the best rate you can find around, and you can buy and sell whenever you feel the time is right. It is that simple!
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How can You Buy Dogecoin (DOGE) in Canada with Bitcoin?
Buying Bitcoin on Coinberry is relatively easy. After following the account creation steps above and having funded your account with as little as CAD 50 or more.
You can buy Bitcoin at the best rate you will find by going to the buy and sell tab on the site or app and clicking on buy. Then you click on Market to buy at the current market price. Please enter the desired amount you want to purchase and preview your order before confirming it.
Once you are ready, click on place order, and your order will be completed in a matter of seconds. Then you transfer the Bitcoin into your wallet, where you can then trade it for Dogecoin. Buying DOGE has been made simple with Coinberry. Get Dogecoin today.
Benefits of Trading Dogecoin and Other Cryptocurrencies on Coinberry
Coinberry is a trusted and reliable crypto exchange platform in Canada where you can buy digital currencies like Dogecoin. Some of the benefits you enjoy when you buy crypto on Coinberry include:
- 0% CAD funding and CAD withdrawal fees – Coinberry does not charge any CAD on your deposit and withdrawal activities on the platform. This allows you to keep more cryptocurrency at the end of the day.
- Trust and accountability – Coinberry is Insured, OSC & FINTRAC registered & PIPEDA compliant, and is the only digital asset platform trusted by Canadian Government municipalities. This gives it the required credibility and provides confidence to its users.
- Security – When it comes to safety, Coinberry places top priority on your crypto assets, and they work very hard to keep your information and crypto assets secure. Coinberry is known to have one of the best industry-leading crypto assets security. Your digital assets are protected by Gemini Trust Company LLC, the most regulated, secure, and compliant digital asset custodian globally. This means that your crypto and personal information are safe with them.
- Competitive crypto prices – Coinberry is known to offer some of Canada’s most competitive Cryptocurrency prices. Add that to the no funding and withdrawal fee, and it doesn’t get any better than Coinberry.
- A responsive customer care service – Coinberry boasts the best customer service for users. They answer every question you might have concerning how to use their platform. The user reviews say it is all about the quality of their customer care services.
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FAQs
How to buy Bitcoin, Ethereum, and Altcoins in Canada
You can buy AltCoins using Bitcoin or Ethereum purchased on Coinberry using the following steps:
- Sign up for an account in under 5 minutes
- Buy Bitcoin or Ethereum
- Transfer to your wallet and then trade for Alt Coins.
What is Coinberry pay and how does it work?
Coinberry Pay is the simplest Bitcoin payment processing solution created for Merchants, Charities, Municipalities, and Individuals looking to accept Bitcoin payments or donations. Get paid in Bitcoin, immediately convert it into Canadian dollars and deposit it into your bank account.
How to sell Bitcoin in Canada?
Selling Bitcoin is easier than you think. It takes less than 5 minutes to sell your Bitcoin on Coinberry using the following steps:
- Sign up for an account in under 5 minutes.
- Fund your account with Bitcoin.
- Sell Bitcoin on your smartphone or computer 24/7.
- Withdraw instantaneously to your bank account.