How Do I Buy Dogecoin on Cash App? Best App To Buy Dogecoin
Written by: Cashapp
Speaking of Cryptocurrency, Bitcoin is a must. On the basis of popularity and acceptance, Bitcoin could be called the king of all the Cryptocurrencies across the world. But, if you think that everything is fine with Bitcoin then you are wrong. With Bitcoin, the problem is that the process to buy or transfer Bitcoin is not fast. Transaction fee to use, sell, buy, and transfer Bitcoin is comparatively high. Most importantly, Bitcoin is subject to many serious threats. But, you don't need to worry as Dogecoin is the best alternative to Bitcoin. The process to buy, sell, and transfer Dogecoin is 5 times faster than BTC. In addition to that, the Dogecoin transaction fee is also quite less in comparison to Bitcoin. Dogecoin or Bitcoin: Whis is better? This question deserves another long answer. Let's not get into it in detail and come back to your main questions: how to buy Dogecoin on Cash App?
A large number of people use Cash App to buy and sell Bitcoin apart from sending and receiving money to and from their contacts. As Cash App has made it simple to invest money in BTC, many Dogecoin lovers could be seen wondering in excitement and thinking how to buy Dogecoin on Cash App. Some of them have contacted us and asked - where is Dogecoin on Cash App? If you have so many questions without answers then why don't you contact us and get advice on call.
Can you buy Dogecoin on Cash App?
Stop wasting your time in finding options to purchase Dogecoin on Cash App. Why? Because the Cash App does not support Dogecoin. You can't buy Dogecoin on Cash App. However, in the near future, it might be possible that Cash App will start letting users sell and buy Dogecoins but as of now it is not possible. A piece of good news is that there are so many other platforms where you can buy and sell Dogecoin with ease of mind. You will find more information further in this post.
Is it possible to sell Dogecoin for cash on Cash App?
Again the answer is- no. As of July 2021, it is not possible to sell Dogecoin and earn cash on Cash App. There is one more important point to bear in mind. And that is you can't transfer Dogecoin from any other wallet to Cash App. Worry not if you have to convert your Dogecoin into cash. Thankfully, there are multiple ways to sell Dogecoin and earn cash. You can use Robinhood, Kraken, Exmo, and YoBit to sell Dogecoin. All these platforms are popularly known for converting Dogecoin into US Dollars.
Also read: How to withdraw Bitcoin on Cash App?
Best app to sell dogecoin for cash
This section is dedicated to those people who own Dogecoins and want to sell it for cash money. As I said earlier, there are many apps and sites where you can sell your Dogecoin for cash. But, if you want to get paid directly to your bank account then Robinhood must be your first choice. In terms of charges and safety, Robinhood has no match. Also, the Robinhood mobile application is quite simple. All you need is just tap a few buttons and your Dogecoin will convert into cash.. Upon successful withdrawal of Dogecoin, Robinhood sends money to the linked bank account. These are steps to sell Dogecoin in Robinhood:
- Launch Robinhood mobile application on your phone.
- Now from the home screen, select cryptocurrencies page.
- Select the Dogecoin
- Tap the trade button and then select sell.
- Now choose the order type.
- Enter the value of Dogecoin that you want to sell.
- After that just simply follow the steps as mentioned on the screen.
Also read: How to buy and sell Bitcoin on Cash App?
So, in short, Cash App users who own Dogecoins need to wait to sell and buy Dogecoin on Cash App. Else, they can switch to any other platform as mentioned above. If any doubt is left in your mind then feel free to contact us or leave your comment in the comment section, I will definitely answer your question.