How to Buy Doge Protocol Crypto (DOGEP)
What is Doge Protocol DOGEP?
According to Coingecko, Doge Protocol is : What Is Doge Protocol? Doge Protocol is an upcoming platform consisting of decentralized networks, smart contracts and apps. The primary component of this platform will be a quantum-resistant blockchain that supports smart contracts, satellite chains & tokens. In order to secure Bitcoin, Ethereum, Dogecoin from quantum computer threats (Y2Q problem), Doge Protocol will multi-fork these blockchains along with the DogeP tokens, to create one large quantum resistant blockchain. Doge Protocol is a community driven initiative. What is the vision of Doge Protocol? Please check the Vision Paper https://dogeprotocol.org/whitepapers/Doge-Protocol-Vision-Paper-1.pdf for details on the aspirations & vision of Doge Protocol. * Protect Bitcoin, Ethereum, Dogecoin from Quantum Computer threats (Y2Q problem). * Create a platform for decentralized apps that provides a solution for real world problems. * Ability to add satellite chains that provide solutions for specific use-cases such as streaming. * Community driven development. What is the technology behind the Doge Protocol Platform? Since its inception in 2021, the Doge Protocol community has released several whitepapers detailing the technology behind Doge Protocol. More whitepapers will be published as the platform keeps evolving. * Quantum Resistance Whitepaper https://dogeprotocol.org/whitepapers/Doge-Protocol-Blockchain-Quantum-Resistance-Whitepaper.pdf * Consensus Whitepaper https://dogeprotocol.org/whitepapers/Doge-Protocol-Blockchain-Quantum-Resistance-Whitepaper.pdf * Data Availability Whitepaper https://dogeprotocol.org/whitepapers/Doge-Protocol-Blockchain-Data-Availability-Whitepaper.pdf * Blockchain Allocation Whitepaper https://dogeprotocol.org/whitepapers/Doge-Protocol-Blockchain-Allocation-Whitepaper.pdf What are the achievements of Doge Protocol? Since its inception in 2021, Doge Protocol community has delivered the following items: * 3 Testnets have been released so far, the latest being T2.
Where can I buy DOGEP Crypto?
You can buy Doge Protocol on Uniswap.
Why should you buy Doge Protocol?
Doge Protocol is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
How to Buy Doge Protocol Crypto?
Step 1 - Setting up a Metamask Wallet
Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.
Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.
Step 2 - Buy Ethereum on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Click here to access Simpleswap
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:
Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Buy Doge Protocol on Uniswap with ETH
Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.
Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive Doge Protocol. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0xe7eaec9bca79d537539c00c58ae93117fb7280b9
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive Doge Protocol (DOGEP).
You can check the price and confirm the correct token address of Doge Protocol on Coingecko.
Let's buy some Doge Protocol!
Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.
Select a token and paste the Token contract address: 0xe7eaec9bca79d537539c00c58ae93117fb7280b9
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for DOGEP. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your DOGEP should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of Doge Protocol!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store Doge Protocol on Ledger
Check out our guide on how you can store Doge Protocol on Ledger's Hardware Wallet
Check out Doge Protocol links:
Please make sure you read our Disclaimer. We are not financial advisors.