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Best Exchanges to buy Baby Doge Coin 2022 Pros and Cons

By Burle M. 7 min read

The process of buying Baby Doge Coin is just like any other coin in the crypto market. It is not something that you can directly buy from your bank account or through organizations. This may be possible in future but for the time being, you'll have to use a cryptocurrency trading site to convert your USD into BabyDoge or other digital currencies. We are here to make this process for you as smooth as we can buy providing all the key details in this article. Let’s jump right into it.

Where to buy Baby Doge Coin

Below are the popular crypto exchanges based on user experience,security,fee structure and supported coin, that you can use to purchase Baby Doge Coin (BabyDoge) in 2022.

Before moving forward i want to make it clear that the ranking of these exchanges are in no particular order. With that in mind - Let’s explore these crypto platforms one by one so that you can select the best cryptocurrency exchange to buying your Baby Doge Coin.

1. OKX

OKX crypto exchange, founded in 2017 and headquartered in the Seychelles, is a prominent cryptocurrency exchange that uses blockchain technology to provide clients with a diverse range of trading goods. Hundreds of tokens are available to clients in over 200 countries and you can easily purchase Baby Doge Coin (BabyDoge) using our step by step.

It allow users to purchase, sell, and swap multiple supported assets. It also allows you to lend and borrow specific coins, as well as join proof-of-work mining pools and earn crypto as a miner. OKX presently offers over 100 cryptocurrencies, as well as over 400 crypto trading pairings.

According to CoinMarketCap, OKX is now one of the top 20 cryptocurrency exchanges in the world by trading volume, and it has a global presence.

OKX Pros

  • Allows the use of a wide range of fiat currencies to establish an account.
  • Offers diverse range of services.
  • Hundreds of trading pairs with high staking APYs.
  • An easy-to-use buy/sell dashboard.
  • Online chat tech support that replies promptly.

OKX Cons

  • Very Complex fee structure.
  • US Citizens are not allowed.
  • There are no Demo accounts available.

 

How to buy Baby Doge Coin on OKX

Follow our step by step guide below to start buying Baby Doge Coin (BabyDoge) on OkX Exchange:

1. Log in to your OKX Account.

2. Under the "Buy" tab, choose the fiat currency you wish to use and Baby Doge Coin from the dropdown menu. Then, enter the amount of fiat cash you wish to spend or Baby Doge Coin (BabyDoge) you want to purchase.

3. Select your desired mode of payment (Credit Card, Bank Transfer or Crypto).

4. Your bought Baby Doge Coin will be instantly deposited to your OKX account after payment is completed.


2. Gate.io

Gate.io is one of the fastest-growing cryptocurrency platforms, featuring a premier Initial Exchange Offering (IEO) platform, several cryptocurrencies, leveraged margin trading, and other innovative financial services like as margins loan or loans. Despite having a robust trading engine, the platform interface is fairly cluttered and is not the greatest location for beginner investors to start.

Gate.io Pros

  • The platform is available in over 400 markets and 800 coins worldwide.
  • The IEO (initial exchange offering) platform is fantastic.
  • Strong mobile application.
  • There are several options available, including spot trading and margin trading with 10x leverage.
  • Exchange that is extremely secure.
  • Customer service is available 24/7.

Gate.io Cons

  • The exchange is unregulated.
  • It is not advised for inexperienced traders.

Getting Started with Gate.io

Creating an account on Gate.io is pretty simple and straightforward, just follow these simple steps below.

Step 1: Go to the official Gate.io website and click Sign Up.

Step 2: On the next screen, enter your email address, and create a password.

Step 3: Next: You must generate a fund password (This password adds an extra layer to your security as without this key no one can withdraw funds from your account).

Step 4: You will be prompted to confirm your email address.

Step 5: Once you've verified your email, you can simply Login to the site and begin trading!

Note: Due to changing regulations, You might need to go through a KYC process to verify your identity.


Other Exchanges to buy Baby Doge Coin

Aside from using above popular platforms, there are variety of smaller cryptocurrency exchanges where you can buy BabyDoge.

1. Hotbit Join Now
2. MEXC Global Join Now
3. LBank Join Now
4. Bitrue Join Now
5. BKEX Join Now
6. BitMart Join Now
7. Bitforex Join Now
8. XT.COM Join Now
9. Hoo.com Join Now
10. Poloniex Join Now
11. LATOKEN Join Now
12. BigONE Join Now
13. ApeSwap Join Now

Buy Baby Doge Coin on Decentralized Exchanges.

Below, you will find comprehensive and detailed review about top rated decentralized exchanges using which you can buy Baby Doge Coin (BabyDoge) easily.

1. PancakeSwap (v2)

PancakeSwap is the most popular and widely used AMM for staking and yield farming. The exchange's trade volume exceeds $650 million. PancakeSwap is now the largest project running on BSC, and this momentum is anticipated to continue even if DeFi gains traction.

Still, adding PancakeSwap to a BSC is a significant step in the right way since it lets customers to engage in DeFi without worrying about expensive transaction fees or sluggish transaction speeds. While the market remains unpredictable and dynamic, the PancakeSwap team is working hard to provide an open and transparent platform that provides a number of ways to profit from crypto assets. There is also an emphasis on enhancing user experience in order to enhance platform usage, even among new users.

PancakeSwap (v2) Pros

  • Pools and farms benefit from high APR/APY returns.
  • Lower transaction costs than Uniswap.
  • A diverse assortment of items.
  • With an active community and developers, has more daily transactions than Uniswap.

PancakeSwap (v2) Cons

  • Possible loss in liquidity pool.
  • Prediction and the lottery might easily result in a loss of dollars (gambling).
  • Because of its popularity, the network may get clogged.
  • Many token scams are a possibility.

2. Uniswap (v3)

Uniswap is a decentralised exchange (DEX) that allows users to finance liquidity pools and benefit from them.

The platform's user-friendly online interface allows users to exchange Ethereum-powered ERC-20 tokens. Previously, decentralised exchanges had small order books and poor UXs, leaving a huge opportunity for successful decentralised exchange.

Users no longer have to accept defects because they can easily exchange Ethereum-based protocols using a web 3.0 wallet thanks to Uniswap. You can do so without having to deposit or withdraw funds from a centrally controlled order book. Uniswap allows users to trade without the intervention of a third party.

Uniswap (v3) Features

  1. Privacy rights: You do not need to undergo KYC to utilize Uniswap. Instead, trade is done straight from your wallet, thus your public wallet address is the only identity required.
  2. Security: Because Uniswap is non-custodial, it is as secure as the Ethereum blockchain itself, as the protocol does not transport money. Uniswap's smart contracts have been examined by several teams, including those that checked the Maker DAO contracts.
  3. New Tokens: Anyone may develop an ERC20 token and couple it with ETH to provide liquidity for the new pool. This means that Uniswap provides faster trading access to fresh tokens than anywhere else.
  4. Low fees: Uniswap charges only a small 0.3 percent fee every exchange. Centralised exchanges, on the other hand, typically charge 0.5 percent or more every deal.
  5. Trustless: Unlike centralised exchanges, you maintain your private keys when you trade with Uniswap. You are the custodian of your tokens and swap them directly with the liquidity pools.

How to buy Baby Doge Coin on Uniswap (v3)

In this section, we'll go through below steps on how to make your first Baby Doge Coin purchase on Uniswap.

Uniswap allows you to buy Baby Doge Coin (BabyDoge) and any of the thousands of ERC20 tokens offered by the Ethereum network. To do so, you'll need sufficient ETH on hand to cover any transaction costs, as well as anything to exchange for the ERC20 token you desire mostly Ethereum or USDT (ERC-20).

 

Step 1: Navigate to the Uniswap exchange platform. Click the 'Connect to a wallet' option in the upper right corner and log in with the Metamask or Trust wallet.

Step 2: After logging in, the trading dashboard will be shown. Select the token you want to trade for, and the token you want in the top section (in our case Baby Doge Coin), You can also search Baby Doge Coin (BabyDoge) in Coinmarketcap and copy/paste the BabyDoge contract in uniswap.

Step 3: You are now ready to place your order. You can put a number in the top area to specify how much you want to spend, or a number in the bottom field to specify how much you want to purchase.

Step 4: At the bottom of the order menu, you'll see how much you'll be charged. If you're satisfied with these numbers, click the 'Swap' option. When you're finished, confirm the transaction, and it'll be processed. Once completed, your tokens will be available in your ERC20 wallet.



Conclusion

Choosing the best cryptocurrency platform for Baby Doge Coin (BabyDoge) might be a difficult task, there are various factors that one should consider before selecting a crypto exchange. These include the fees structure, security, exchange features, and whether it is based on fiat or crypto.
Remember, once you have shortlisted some exchanges, do your research on each of them to identify the most appropriate for you.




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