Buy Dogecoin in Canada
Dogecoin made simple![](https://images.ctfassets.net/v44fuld738we/i8IWeS3koevP7CuzYyR1S/84be45511044e7ad3679102eedd9d119/dogecoin.png)
Everything you need to know about Dogecoin and how to start investing in it.
Current Price
$0.1864 CAD
+$0.008201 (4.60%) past 24 hours
- Market CapThe value of the entire supply of a specific cryptocurrency or token. It’s calculated by taking the price of a coin/token and multiplying it by the total number of that coin/token in circulation.
- $26,407,358,586.01
- Circulating SupplyThe amount of coins that have already been created and are available in the market.
- $145,277,136,383.71
- Total SupplyThe total amount of coins currently in existence minus any coins that have been burned or removed from circulation.
- $145,277,136,383.71
- 24h low - high rangeLow-high range over the past 24 hours.
- 0.1642968 - 0.1858482
- 7 day low - high rangeLow-high range over the past 7 days.
- 0.153207 - 0.1977862
- 52 week low - high rangeLow-high range over the past 52 weeks.
- 0.0756753 - 0.3136848
Dogecoin 101
Dogecoin (pronounced like “dohj-coin”) was created in 2013 by Jackson Palmer and Billy Markus, software developers who created the cryptocurrency as a way to poke fun at the cryptocurrency industry. Although Palmer left the project in 2015 due to its “toxic community”, the Dogecoin community still has a loyal fanbase in 2021.
![dogecoin-product-page](/_next/image?url=https%3A%2F%2Fimages.ctfassets.net%2Fv44fuld738we%2F5zW02RYZvBA797rFVhbm9g%2Fc92603ddf25ada389bb07976490f7977%2Fdogecoin-product-page.png&w=1920&q=90)
Why Wealthsimple Crypto?
Wealthsimple Crypto lets you buy and sell cryptocurrencies all in one easy-to-use app. And as Canada’s first regulated crypto platform, you can trust that your coins are in good hands. How simple is it?
- Sign up in minutes right from your phone or laptop
- Start trading crypto with as little as $1
- No account minimums
- No clunky dashboards — just one super simple app
- Best of all: you don’t need to be an expert in crypto or blockchain to get started
What can you do with Dogecoin?
Dogecoin functions much like Bitcoin—a decentralized cryptocurrency payments network that’s useful for peer-to-peer transactions. In fact, Dogecoin is based off Litecoin, which is itself based off Bitcoin.
Because it’s so lightweight, you might find some sites (like Twitch) that accept DOGE as a way to tip creators.
Some crypto-friendly companies (like gaming sites or VPN services) accept Dogecoin, too. And there are a handful of retailers outside the internet world who accept it as payment. Because it’s so hyped, a few brands have joked (we think?) about supporting Dogecoin one day.
Is Dogecoin a smart investment?
Crypto carries risks — but generally speaking, our advice (regardless of whether you’re investing in Dogecoin or stocks) is: never invest what you can’t afford to lose. The smartest way to grow your money long term is with a diversified, low-cost portfolio that tracks the market.
How we keep your Dogecoin safe
As Canada’s first regulated crypto trading platform, we’re required to meet certain requirements — like using only qualified custodians (like Coinbase Custody) for cold storage.
FYI: Wealthsimple Crypto is not an exchange itself. Instead, we work with multiple exchanges to give you the best Dogecoin prices.
And to make sure your coins are extra protected, we’ve partnered with Coincover for an extra layer of security.
If you’re holding crypto outside of Wealthsimple, that’s no problem. You can safely transfer your Dogecoin to your Wealthsimple account in just a few taps.
Other cryptos to explore
More info about Dogecoin
Want to take a deeper dive? Check out these articles about Dogecoin and the world of crypto.
What is Cryptocurrency?
Robert Stevens
Cryptocurrencies are a type of digital asset that run on blockchain technology. Here’s everything you need to know.
Top Cryptocurrencies and Crypto Exchanges
Robert Stevens
Here’s how to buy and sell cryptocurrencies on crypto exchanges and other trading platforms.
What is Blockchain? The Ultimate Guide
Robert Stevens
A quick primer on the building blocks needed to understand the basics of blockchain
Ready to get started?
Download the Wealthsimple Trade app, create your account, and start trading Dogecoin with just $1. It’s that simple.