Dogecoin (DOGE) is a decentralized digital currency that started as a meme but has since gained real-world utility. Originally introduced in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin was inspired by the Shiba Inu dog meme. Unlike Bitcoin, which has a fixed supply, Dogecoin has an inflationary model, meaning there is no maximum supply of DOGE.
How Does Dogecoin (DOGE) Work?
Dogecoin operates on a proof-of-work (PoW) blockchain, similar to Bitcoin. However, it has faster block times (one minute per block) and lower transaction fees, making it more efficient for microtransactions. With its growing adoption in online tipping, fundraising, and payments, Dogecoin remains a unique player in the broader crypto market.
Dogecoin Price in Canadian dollars (CAD)
If you're looking for the current price of Dogecoin (DOGE) in Canadian dollars (CAD), it fluctuates based on supply and demand. The Dogecoin price CAD can be tracked on market charts (see above), with real-time updates showing the current conversion rate and exchange rate. You can check CAD charts and conversion tables to compare DOGE’s value against popular fiat currencies.
DOGE to CAD: Tracking Market Trends
The DOGE to CAD exchange rate changes constantly, influenced by trading volume and market sentiment. Whether you're checking the price of Dogecoin over the past week or monitoring 24-hour price movements, staying updated is crucial before making any trades.
Dogecoin's Highest Price and Market Performance
Dogecoin has seen impressive price spikes in the past. Its all-time high price was reached during a major crypto rally, and traders continue to monitor for the highest exchange rate DOGE has reached. By analyzing CAD charts Dogecoin, you can evaluate market trends before buying or selling.
How to Buy Dogecoin in Canada
Buying Dogecoin in Canada is simple with Coinsquare, one of the most secure and regulated crypto platforms. Follow these steps to purchase DOGE:
Sign up on Coinsquare – Create an account and complete the verification process.
Fund your account – Deposit Canadian dollars (CAD) using Interac e-Transfer, bank wire, or other available methods.
Find Dogecoin (DOGE) – Search for Dogecoin in the trading section.
Place an order – Choose the amount of DOGE you want and complete the transaction.
Store securely – Keep your DOGE in a crypto wallet for safekeeping.
How to Sell Dogecoin
If you want to sell Dogecoin, Coinsquare makes it easy:
Navigate to your DOGE holdings.
Select the amount to sell and execute the trade.
Withdraw your funds in CAD directly to your bank account.
Dogecoin Trading Volume and Circulating Supply
With an active trading volume, Dogecoin is widely traded across global exchanges. The current circulating supply of DOGE continues to increase, affecting its value and market trends. Keeping an eye on the current rate ensures you make informed investment decisions.
Why Buy Dogecoin on Coinsquare?
Coinsquare is one of Canada's most trusted and compliant crypto trading platforms. Here’s why traders choose us:
Secure and Regulated – Fully compliant with Canadian regulations.
Fast CAD Deposits & Withdrawals – Easily convert DOGE to CAD with seamless transactions.
Competitive Exchange Rates – Trade DOGE at competitive rates on a regulated Canadian platform.
User-Friendly Platform – Ideal for both beginners and experienced traders.
Start Trading DOGE Today!
Dogecoin (DOGE) remains a popular cryptocurrency with a growing community. If you're ready to buy Dogecoin, sign up on Coinsquare today and start trading safely.
How to buy Dogecoin (DOGE)?
Here's how to buy Dogecoin on Coinsquare
To buy Dogecoin, simply follow these steps:
1. Sign up for a Coinsquare account and verify your identity
This is the first step to buying DOGE. Verifying your identity helps us to properly connect your funds to your account.
2. Fund your account with Canadian Dollars
Funding is like putting gas into a car – it helps you get where you want to go.
3. After funding, select DOGE from the list on the trade section
Coinsquare lets you trade DOGE without leaving the app. You can also check the Dogecoin price and convert DOGE to CAD or USD on the platform.
4. Select a currency you’ve funded and use it to check the DOGE price
In the Coinsquare app, all currencies available to trade can be found in the drop down list.
5. Buy Dogecoin (DOGE)
Congratulations! You’re now the proud owner of DOGE. You can either HODL or use it to exchange DOGE to CAD.
Where do I keep my Dogecoin (DOGE)?
At Coinsquare, we offer customers the power of easy transactions and cold storage security. We’re constantly organizing funds to ensure our customers trade instantly and securely. There are different storage options available for your cryptocurrency, your choice should ultimately be the one that suits your needs. Mobile and web wallets can make transactions easy as the currencies are accessible directly from your phone or device, whereas hardware wallets are best suited for secure, long-term storage as they eliminate the vulnerability found in online environments.
Ready to add Dogecoin (DOGE) to your portfolio?
Create your account, fund it with spare change and get a little bit of DOGE.
