A few months ago, David, a young freelancer in Lagos, completed a design gig for an international client. Instead of sending the usual bank transfer, the client asked, âCan I pay you in Dogecoin?â At first, David was confused. He had heard about Dogecoin from social media and friends who joked about buying the coin, but he had never used it. Curious, he agreed. But then came the next big questionâwhere was he supposed to store his Dogecoin?
Like many Nigerians exploring crypto for the first time, David quickly realised he needed a secure wallet before receiving or using DOGE. That led him down the rabbit hole of different wallet typesâmobile, desktop, hardware, and online optionsâall claiming to be the best.Â
If youâre in Nigeria and are in a similar situation to David’s, donât worry. Setting up a Dogecoin wallet is easier than you think. Whether you need quick access for daily transactions, extra security for long-term storage, or something in between, thereâs a perfect wallet.
In this guide, Iâll walk you through the steps to getting a Dogecoin wallet in Nigeria. By the end, youâll have a safe place to store your DOGE and the confidence to use it whenever needed. Letâs get started!
What is Dogecoin?
Dogecoin is also referred to as DOGE, which is the coinâs ticker symbol. It is one of the most popular cryptocurrencies in the world, initially created as an internet joke by Billy Marus and Jackson Palmer. Billy Markus and Jackson Palmer were like, “Why is the world taking cryptocurrency too seriously?” They felt crypto should be fun and not just about money, so they developed Dogecoin on December 6, 2013. When asked what Dogecoin was, they would respond, âItâs a coin with a dog on it.
What is a Dogecoin Wallet?
Before we delve into the meaning of a Dogecoin wallet, you should know what a cryptocurrency wallet is. A crypto wallet is a virtual representation of a physical wallet where you keep your coins, money, and cards. In this case, cryptocurrency is not physical; itâs digital. To get a Dogecoin wallet in Nigeria, you must access a reliable crypto trading platform, which leads us to our next phase.
How to Open a Dogecoin Wallet in Nigeria
To open a DOGE wallet in Nigeria, you must register with a crypto exchange platform that supports the Dogecoin currency. There are different types of cryptocurrency wallets: hot wallets, cold wallets, and sub-types under each category.
Regardless, mobile wallets remain the most convenient and accessible type of crypto wallet. Mobile wallets are crypto wallets that are accessible using the web or mobile devices and an internet connection.
To open a Dogecoin wallet in Nigeria, start by signing up with a reliable crypto trading app. Once you’ve created an account, you can quickly sell your crypto for cash using Breet. Breet is a non-custodial platform, meaning it doesnât hold your cryptoâit simply provides a secure way to convert it into cash. If you want to sell your Bitcoin or any other cryptocurrency, Breet is the best option. Why? Just Google “Breet” and see for yourself! (Iâve been waiting to use that phrase, but jokes aside, itâs true.) Breet is the best crypto-trading platform for cashing out in Nigeria.
Hereâs what customers are saying:
“Breet is one of the apps I have come to live with all my heart. Operations are smooth and hitch-free. I set up an account in a minute, and boom, it’s good to go. I have successful transactions to show, for I’m not paid to write this; it’s just my beautiful experience with Breet. Keep up the good work, and employ top-notch tech to secure customers’ funds better.”
-Thompson Odu.
“I have been using Breet for a while and havenât had any issues with them. Even if you make an error on your account, they have good, fast, and responsive customer service to help you out, and thatâs impressive. I have no choice but to give you guys five stars because you deserve it and more.”
-Ms. Bimpe
How To Open Dogecoin Wallet with Breet
Opening a Dogecoin wallet is a simple and uncomplicated process with Breet. You only need a smartphone, such as an Android or iPhone, to accomplish this. Hereâs how you use Breet to open a Dogecoin wallet:
- Download the Breet app from the Apple Store or Google Play Store and install the app on your phone or tablet. You can also sign up using the website version.
- Register and create a Breet account by performing the necessary KYC operations.
- Copy your generated Dogecoin address (This belongs to you permanently, and any Dogecoin sent here will be automatically converted to fiat currency and ready for withdrawal at any time)
- Send Dogecoin to your generated Dogecoin address.
- Once the Dogecoin has been received on your Breet Wallet and automatically converted to your preferred denomination, you can withdraw it to your bank.
There is also an option to automate this step.
Now that you have a Dogecoin wallet to trade DOGE, what can you do with Dogecoin? Letâs find out!
What You Can Do With Dogecoin
1. Crypto Investment
You can invest your spare funds in Dogecoin. Do you know why? The DOGE community is one of the strongest and most loyal in crypto. Theyâve helped sustain DOGE value for years by actively supporting projects, donations, and real-world transactions. And letâs not forget Elon Muskâone tweet from him can send DOGE soaring!
But beyond the hype, Dogecoin thrives because of its people. Unlike other coins that rely solely on market trends, DOGE has a fun and engaged community that actively uses and promotes it. Of course, like any cryptocurrency, prices fluctuate, but thatâs just part of the game. However, its strong adoption and loyal community give it more staying power than other meme coins, making it a unique asset in the crypto space.
2. Trading
Buy low, sell high â thatâs the tactic. As a crypto trader, Dogecoin should also be on your list of coins. You can buy Dogecoin when itâs at a low point and sell off when the value increases over timeâa clever way of making money with cryptocurrency.
3. Online Purchases
Many companies around the world are already accepting Dogecoin as a payment method. If you own a business in Nigeria, big or small, you should join the league of companies like Tesla and accept Dogecoin as a form of payment from your customers. As a customer, you can also pay for your items with Dogecoin at merchants who accept this form of payment.
4. Tipping and Donations
The Dogecoin community contributed $50,000 in 2014 to help fund the Jamaican Bobsled Teamâs trip to the Winter Olympics in Sochi. Loyal Shibes raised $30,000 to construct clean water wells in the Tana Valley, Kenya, in honour of World Water Day (March 22, 2014). When it comes to Humanity, Dogecoin does its thing, and thatâs why I support it.
Frequently Asked Questions on How To Get Dogecoin Wallet In Nigeria Â
1. Which Dogecoin wallet is the best to use in Nigeria?
Several options are available for mobile and desktop users, including Trust Wallet, Binance, and Atomic Wallet. Ledger or Trezor hardware wallets can store DOGE offline if you prefer a more secure option.
2. Can I create a free Dogecoin wallet?
Yes! You can create a Dogecoin wallet for free using mobile apps, desktop software, or web wallets like Trust Wallet, Exodus, or Binance. However, hardware wallets require a purchase.
3. Can I open a Dogecoin wallet using the Breet app?
Yes, you can open a Dogecoin wallet on the Breet App. However, youâll only be able to use this to receive crypto you want to sell, not hold. So, go ahead and create a Dogecoin wallet and use it to receive crypto from anywhere in the world and have it converted to Naira or Cedi.Â
4. How do I buy Dogecoin in Nigeria after setting up a wallet?
You can buy Dogecoin using Naira on exchanges like Binance, KuCoin, or OKX. Simply fund your account with NGN via P2P trading, bank transfers, or crypto deposits, then purchase DOGE and transfer it to your wallet.
5. How do I secure my Dogecoin wallet?
Enable two-factor authentication (2FA), store your recovery phrase securely, and avoid sharing private keys. If using a software wallet, consider a hardware wallet for added security.
Conclusion
And thatâs it; youâre now ready to dive into the world of Dogecoin with your wallet! Whether holding onto DOGE for fun, tipping online, or embracing the meme-powered magic of crypto, having a secure wallet is the first step. Remember to keep your private keys safe, back up your wallet, and stay updated on best security practices.
If you ever want to cash out, you can quickly sell your Dogecoin to Breet, a fast and secure crypto exchange platform that instantly converts your DOGE to cash. With no complicated trading processes, Breet makes selling crypto and withdrawing funds simple. Register today for hassle-free crypto sales.