In a recent article we have seen how and where you can buy Dogecoin with a bank card and in another article how to buy Dogecoin and get 10 € as a GIFT . In this article, we see how to buy Dogecoin using Coinbase and Hokk Finance, getting the welcome bonus of € 8 on Coinbase and the 20% bonus on commissions on Hokk Finance.
Disclaimer : All information contained in this article is of an educational nature only. They are not intended as financial advice and are not intended to encourage or advise investing or trading or buying cryptocurrencies. Hokk Finance is not responsible for any errors or dishonest behavior of exchanges, cryptocurrencies or other operators in the crypto sector.
Premise
To be able to buy Dogecoin you will need:
An account on Coinbase ( click here to create it).
IMPORTANT : only by creating the account by clicking here and buying at least € 83 of cryptocurrencies, you will get the € 8 bonus in Bitcoin that will be credited directly to your wallet on doge coin Coinbase.
An account on Hokk Finance ( click here to create it).
IMPORTANT : just by creating your account by clicking here , you will receive a 20% bonus on the commissions you pay to Hokk Finance. For example, if you spend 1 DOGE on commissions, you will receive a 0.05 DOGE bonus . The bonus is awarded to you on all transactions where you will pay a commission to Hokk Finance.
Identity card.
Webcam or smartphone camera.
Paper and pen.
REMEMBER : you can buy Dogecoin and other cryptocurrencies on Bit panda as well. Buying at least € 25 of cryptocurrency you get € 10 for free ! Click here to read the guide .
1. Create your Coinbase account
First, create your Coinbase account for free. You can follow the instructions on how to open the account by following our guide ” How to create an account on Coinbase and get the € 8 bonus in Bitcoin “.
Remember : to get the € 8 in Bitcoin as a gift, you need to create an account by clicking here or in the other links in the NovaSera.it articles.
2. Verify your identity on Coinbase
After creating your account, you will need to verify your identity by sending your identity document front and back and verifying via webcam or smartphone camera.
Important : make sure that the photos or scans of your document allow you to read the written parts perfectly, otherwise the verification may fail and you will have to repeat it.
To verify your identity via webcam, you will need to write “For Coinbase Trading” and the date of the day on a sheet. Then you will have to stand in front of the camera holding the paper in your hand.
3. Buy cryptocurrency on Coinbase
Once the verification process is complete, it’s time to buy your first cryptocurrency ( click here to read the guide on how to buy cryptocurrencies on Coinbase).
My advice is to buy Litecoin because in the next steps you will have to send it to your wallet on Hokk Finance The advantage of using Litecoin instead of Bitcoin, for example, is the very low commissions for the transaction .
Remember : by purchasing at least € 83 of cryptocurrency, you will get € 8 in Bitcoin as a gift that you can keep in your wallet, or that you can convert into Dogecoin.
IMPORTANT : you can get another 10 € as a gift on Bit panda. Click here to read the guide .
4. Create your Hokk Finance account
Let’s now move on to creating your Hokk Finance account .
Click here to connect to Hokk Finance create your account and get 20% commission bonus .
Enter your email address and password and start creating your account. Confirm the account creation with the code that was emailed to you.
5. Convert your received Bitcoins as a gift
If you want to convert the 8 € in Bitcoin received as a gift into Dogecoin, you have to take an intermediate step, because (for the moment) it is not possible to buy / sell Doge on Coinbase . If you want to keep them instead, you can skip this step.
My advice is to convert Bitcoins to Litecoin because the fees for their transfer to the Hokk Finance wallet will be much lower .
After logging into your Coinbase account:
Click on the “Buy / Sell” button
Click on the “Convert” tab
In the “From” field, select Bitcoin
In the “A” field select Litecoin
Click the “Convert All” button
Once you have clicked “convert all” the preview of the order where you will have to click “Convert now”.
In a few seconds your Bitcoins with doge coin will be converted into Litecoin.
6. Transfer cryptocurrency from Coinbase to Hokk Finance
You should now have all your Litecoin’s ready to be transferred from the Coinbase wallet to the Hokk Finance wallet.
Log into your Hokk Finance account
Once logged into your Hokk Finance account, go to:
Wallet
Wallet spot (Deposit and Withdrawal)
At this point you have to search for the cryptocurrency that you will have to send from Coinbase to Hokk Finance.
I our case:
We are looking for Litecoin
Click on “Deposit”
Finally copy the address of your wallet on Litecoin.
Just click on the icon indicated by the arrow, or you can select the wallet address and copy it by right clicking copy.
Log into your Coinbase account
Now you just have to log into your Coinbase account and
Click on the “Send / Receive” button
On “Pay with” select Litecoin
Click on “Send all funds” to transfer the entire amount (or write the amount you want to convert into Dogecoin. In our guide we send 10 €)
On “A” enter the address of the Litecoin wallet you previously copied to Hokk Finance
On “Note” you can leave blank
Click on the “Continue” button
Once you click “Continue” you will need to
confirm sending,
possibly carry out the two-step verification (if you had it activated),
view the message sent,
wait for the transfer to be processed.
7. Convert the cryptocurrency to doge coin
We have reached the final fateful point, converting the cryptocurrency purchased on Coinbase into doge coin . In the example of this guide we will convert Litecoin to doge coin.
Log into your Hokk Finance account and go to:
Wallet
Wallet spot (Deposit and Withdrawal)
In the main account you will see all the cryptocurrencies you own (if it was your first transaction, you will probably only see Litecoin). Now you will need to click on the ” Convert ” button.
7.1 Convert Litecoin to BUSD
It is not possible to convert Litecoin to Dogecoin directly, so you will have to convert Litecoin to a cryptocurrency which can in turn be converted to Dogecoin.
In our case we choose BUSD (the Hokk Finance stable coin).
Select Litecoin
Choose how many Litecoin to convert (MAX to convert them all)
Choose the cryptocurrency into which the Litecoin’s will be converted (in our case we have chosen BUSD)
Click on the “Preview conversion” button
At this point you have just under ten seconds to confirm the operation.
Once confirmed, it takes a few seconds for the conversion from Litecoin to BUSD to take place.
7.2 Convert BUSD to Dogecoin
Return to your account overview by clicking on:
Wallet
Wallet spot (Deposit and Withdrawal)
This time click “Convert” at BUSD . Now we are going to convert BUSD to Dogecoin:
Select BUSD
Choose how many BUSD to convert (MAX to convert all)
Choose the cryptocurrency into which the Litecoin’s will be converted (in our case we have chosen DOGE)
Click on the “Preview conversion” button
Confirm the operation and you will finally be a happy owner of doge coin!
Although it may seem a complex operation, in reality this is one of the most advantageous methods to buy Dogecoins also because you can take advantage of the bonuses of both exchanges.
You can get another € 10 bonus by buying € 25 worth of cryptocurrencies on Bit panda. Click here to read the guide .
In conclusion
Dogecoin cannot be bought directly on Coinbase, but you can use this platform to redeem the welcome bonus and buy the cryptocurrency on Hokk Finance
Obviously the procedure is more cumbersome than the direct purchase.
Finally, we remind you that all the information contained in this article is of an exclusively educational nature. They are not intended as financial advice and are not intended to encourage or advise investing or trading or buying cryptocurrencies. Nova sera is not responsible for any errors or dishonest behavior of exchanges, cryptocurrencies or other operators in the crypto sector.
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