Past few weeks have been quite interesting in the crypto market. The arrival of meme tokens is a unique phenomenon and many new platforms are emerging with similar theme. These newborn tokens gained the attention of the crypto community due to the success of some new dog themed coins.
Demands have immediately increased for such type of tokens. The DOGGY coin is the latest Binance Smart Chain-based token, which has become a topic of discussion on social networking sites. Should you invest in this coin? How profitable this new crypto asset is? Continue reading to find all the answers.
Being a BSC utility token, DOGGY is quite popular among crypto investors nowadays. This token allows investors to swap for Crypto Doggy NFT. Some featured musicians have crafted these cute doggies, which the investor can get in the GIF format.
These aren’t just memes! These are procedurally crafted coins features over 10,000 varieties of doggies. The creator has used diverse rarity to make each one unique. This rarity makes them digital collectibles and many people are willing to invest in these NFTs.
Users will need the DOGGY coin to buy Doggies NFTs. Coins used to acquire these Doggy NFTs will be burned to make this coin more valuable. Crypto Doggy is on a way to become a meme market with burning mechanics.
All these meme dogs will turn into rare digital items. Their values will increase and more people will seek them in future. Thus, you can become an owner of a rare digital collectible. This type of NFT market will generate huge revenue in the future.
Buying DOGGY coin is quite simple. Seasoned crypto traders know where to find this altcoin. You should follow the below given steps to get it right now.
Join a crypto exchange
The DOGGY coin is a BSC-based utility token. You cannot find an exchange that allows you to buy this altcoin directly by exchanging fiat money. Therefore, you should first join a fiat-to-crypto exchange and buy a cryptocurrency.
You can buy Bitcoin, Ethereum, BNB, etc. Bitcoin is the costliest crypto asset in the market today. BNB is pretty affordable and therefore you should acquire it.
Download a crypto wallet
Once you have acquired the cryptocurrency, you will need a safe place to store them. Since it is a digital asset, you need a digital wallet to protect it. Many reliable crypto wallets are available online. Assess their key features, benefits, and then choose the best wallet to store your cryptos.
Join an altcoin exchange
An altcoin exchange is a digital platform, where you can find all the new and old altcoins. The DOGGY coin is listed on Binance and other popular exchanges. You can pick any suitable exchange to proceed ahead. The exchange might ask you to complete the KYC. So, complete the verification process and then proceed ahead.
Buy the DOGGY coin
Altcoin exchanges feature this coin to swap with other currencies, such as BTC, BNB, ETH, XRP, etc. You can exchange it for the cryptocurrency stored in your digital wallet. So, select the number of coins you want to buy and hold and then make a trade.
You will have to pay a small fee to the crypto exchange and then you will receive the purchased Doggy coin.