With the cryptocurrency market being bullish once again, many speculations and scams have been circling around. These scams have been driving new investors out of the crypto space, making this market seem less credible than it actually is. However, there are thousands of serious projects that have been doing just the opposite. As part of these projects are Cardano, Binance Coin, Elrond, and of course, Bitcoin.
But this is not all, there are numerous meme-coins that have also been contributing to the crypto space as much as they could. One of these tokens is Dogelon Mars, a relatively new cryptocurrency token in the market. This project has recently entered the top 100 biggest cryptocurrencies regarding market capitalization – and this is huge.
When this token first launched, people had a hard time finding an exchange that accepted Dogelon Mars. Today, you can buy, sell, and swap Dogelon Mars in numerous decentralized and centralized exchanges.
So, how do you buy Dogelon Mars? Throughout this article, we will present a detailed guide on how to get your hands on the desired amount of ELON tokens.
Where to Buy Dogelon Mars?
As we mentioned above, buying Dogelon Mars today is way easier than it was before. At the time of writing, Dogelon Mars is listed in KuCoin, Uniswap, Gate.io, Crypto.com, Poloniex, Shibaswap, BitMart, BitForex, ZT Exchange, HotBit, Bitrue, OKEx, and AOFEX.
According to CoinMarketCap, the best places to buy Dogelon Mars are Poloniex, Uniswap, Crypto.com, HotBit, and AOFEX based on their confidence indicator algorithm. This is done by comparing the reported volume and the volume on their platform. However, the mentioned exchanges are also suggested by us since they provide high liquidity, making it easier for you to trade your Dogelon Mars.
Related: Top 9 Cryptocurrency Exchanges in 2021
How to Buy Dogelon Mars Through Decentralized Exchanges?
Buying cryptocurrency through decentralized exchanges is preferred by many, even though it is a little bit more complicated than using a centralized exchange. To have a smother time swapping your Ethereum for Dogelon Mars, simply follow the steps below.
Step 1: Install Metamask
The first step towards buying Dogelon Mars through a decentralized exchange is installing a decentralized wallet. We recommend you use Metamask, a non-custodial Ethereum wallet. After installing the Metamask wallet browser extension, you will need to either create a wallet or import one using your recovery phrase.
If you are creating a new wallet, please write down the recovery phrase and the password on a sheet of paper and keep it somewhere safe since they are your only way of getting your wallet back if you lose access to it.
Step 2: Fund Your Metamask
After you are done with installing and creating your Metamask wallet, you have to fund it with Ethereum. To do so, you must own some Ethereum. The best way to buy Ethereum is through a centralized exchange. For this example, we will use Binance; however, Ethereum can be bought in nearly every exchange.
First, you have to open a Binance account and verify it. After doing so, simply fund it with some USD or EUR and use them to buy the desired amount of Ethereum. Now, withdraw your Ethereum to your Metamask wallet using the Metamask Ethereum address that you can find at the top tab in the Metamask wallet.
Note that you must always keep a spare amount of Ethereum in your wallet so that you can pay for the gas fees required when moving your ETH.
Step 3: Connect Metamask to Uniswap
Now that the hard part is over, all you have to do is go to the swap of your liking and connect your Metamask wallet. For this example, we will be using Uniswap. So, simply go to Uniswap, connect your Metamask wallet, and you are ready to swap.
Step 4: Swap ETH for ELON
After connecting your wallet, you are all set to swap your Ethereum for Dogelon Mars tokens. To undergo this trade, you can either use Uniswap V3 or V2. Depending on the traffic, one of these will provide a swap with a lower fee than the other, so make sure to check that too.
To wrap it up, enter the amount of Ethereum that you want to swap for Dogelon Mars, check if you can afford it, and click on “Swap”.
How to Buy Dogelon Mars Through Centralized Exchanges?
Until today, centralized exchanges have been superior to decentralized exchanges because they were regulated and had the trust of the masses. Therefore, buying Dogelon Mars through a centralized exchange is quite safe. There are numerous centralized exchanges that have listed Dogelon Mars, but we will use Poloniex for this example.
Step 1: Create an Exchange Account
The first thing to do when buying Dogelon Mars on Poloniex is to open a Poloniex account. This is fairly easy to do when compared to other major centralized exchanges since Poloniex is not that strict when it comes to identity verification.
Step 2: Fund Your Account
Afterward, you will need to fund your Poloniex account. Different exchanges offer different payment methods. When it comes to Poloniex, the main methods to fund your account are through a Visa or Mastercard debit/credit card and through Apple Pay. You should just enter the amount of US Dollars you are going to spend, select USD Tether (USDT) as the cryptocurrency you want to buy since it is the only crypto that has a pair with ELON, and click “Buy Now”.
Step 3: Buy ELON
To finally get yourself some Dogelon Mars tokens, all you have to do is locate the ELON/USDT market pair, write the amount of ELON you can afford, and click on “Buy”.
Also Read: Dogelon Mars (ELON) Price Prediction 2022 and Beyond – Can ELON Eventually Hit $1?
Takeaways
- The cryptocurrency market has been prone to scams and speculations for several reasons.
- Unlike hundreds of other meme-coins, Dogelon Mars has proved itself in the market.
- Today, you can buy Dogelon Mars through centralized and decentralized exchanges.
- If buying ELON through a centralized exchange, we suggest you use Poloniex, Gate.io, HotBit, or AOFEX.
- When using a decentralized exchange to buy Dogelon Mars, we recommend you use Uniswap.