Recently, the most notable focus in the cryptocurrency market is undoubtedly Dogecoin. Data shows that the price of DOGE has skyrocketed 161 times in the past 12 months, meaning that if an investor had invested 10,000 yuan a year ago, their current assets would have ballooned to 1.61 million yuan.
This astonishing wealth effect has not only ignited discussions on social media but also attracted a large number of new investors. This article will provide you with a detailed analysis of the complete purchasing process for DOGE, helping you quickly grasp the essentials of cryptocurrency investment.
1. Complete Guide to Purchasing DOGE (Using OKX Exchange as an Example)#
As a popular cryptocurrency launched on over 120 mainstream exchanges worldwide, DOGE can be conveniently traded on platforms like OKX, Binance, and Huobi. Below is a detailed operational guide for the OKX exchange:
Account Registration Process#
Click here to register on the OKX official website or alternative registration link
- Email Verification
Enter the official website via the registration link, input a valid email to complete the initial verification.
- Phone Binding
Select the +86 prefix and enter your mainland mobile number to receive a 6-digit SMS verification code.
- Identity Verification
Select China as your region and complete the real-name verification (it is recommended to match the information with your ID), new users can receive a random blind box reward.
- Security Settings
After creating a strong login password, you will be automatically redirected to the trading backend.
Fiat Currency Exchange for USDT#
After registration, you need to exchange RMB for USDT through C2C trading:
- Click [I want to buy coins] → [C2C buy coins] → [Quick trade]
- Choose Alipay/WeChat/bank card as the payment method
- Complete the transfer according to the system-matched merchant information
- After confirming receipt, USDT will be automatically deposited into your fund account.
USDT Exchange for DOGE#
- Enter [Spot Trading] and select the DOGE/USDT trading pair
- Input the purchase amount and choose market price/limit order
- After confirming the transaction, DOGE will be deposited into your asset account
- Real-time market data can be viewed through the trading interface.
2. Analysis of DOGE Investment Value#
Highlights of Market Performance#
- Daily active addresses exceed 72,000 (second only to BTC/ETH)
- Daily trading volume surpasses 264 million USD
- Network processing capability surpasses that of established coins like LTC/BCH
- Continued support from celebrities like Elon Musk generates attention
Risk Warning#
- Lack of DeFi ecosystem application support
- Over-reliance on community sentiment
- Price volatility is severe (24-hour amplitude often exceeds 30%)
3. Investment Suggestions for Beginners#
- Position Control: It is recommended that the initial investment does not exceed 5% of the investable funds.
- Take Profit and Stop Loss: Set an automatic liquidation line of 10%-15%.
- Information Tracking: Follow social media updates from KOLs like @elonmusk.
- Diversified Investment: Pair with mainstream coins like BTC/ETH to balance risk.
Further Reading#
2025 Top Ten Exchanges in China - Authoritative Ranking
Real Wealth Stories from the Crypto World: Insights from Millions to Debt
High-Frequency Search Keywords#
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