Where To Buy Baby Doge

Last Updated May 31st 2022
15 Min Read

Baby Doge Coin (BABYDOGE) was launched in June 2021 by anonymous founders. Baby Doge was built on the Binance Smart Chain (BSC) to create a unique ecosystem compatible with Ethereum. Baby Doge experienced significant adoption from day one. In the first week, Baby Doge prices rose by 1,000%.

The Baby Doge community snowballed. It now has almost 1.5 million Twitter followers, 63,000 Discord members, 284k Instagram followers and over 200k Telegram members, and Baby dogecoin's popularity continues to grow.

Still, should you buy Baby dogecoin (BABYDOGE) right now? The cryptocurrency market plummeted recently (May 2022), so is buying Baby dogecoin a good investment? As Baby Doge is less than a year old, can it match the performance of big brother Dogecoin (DOGE) or Shiba Inu (SHIB), or is Baby Dogecoin yet another meme fad with no utility or purpose?

"World's Best Community Coin: A new crypto birthed by fans of the doge meme community. Simply Love, pet, and hold as 5% from each transaction is automatically redistributed to baby doge holders. Baby Doge primary utility is building a fun meme community to spread awareness of animal adoption." – Baby Dogecoin website

Does Baby Doge have real-world utility, and is the project scalable? This guide will answer your questions about Baby Doge (BABYDOGE) and highlight the best places to buy BABYDOGE tokens if you decide to invest.

How Buy Baby Doge Crypto – Quick Guide

Baby dogecoin is still relatively new to the crypto market, so it isn't listed on many leading cryptocurrency platforms. So, if you want to buy Baby dogecoin, here's a quick guide on how to invest in BABYDOGE tokens by still using a reputable centralised exchange (CEX).

  • Step 1: Select A Cryptocurrency Exchange – Coinbase, an established and reputable cryptocurrency exchange, is beginner-friendly. It's easy to navigate the simple interface. Open a Coinbase (self-custody) wallet and exchange a crypto coin for Baby dogecoin (BABYDOGE) from the wallet. Don't worry; Coinbase has complete instructions on the website telling you how to do this. If you're an experienced crypto trader and used to navigating PancakeSwap, you can get Baby dogecoin there, but it is a more complex process for beginners.
  • Step 2: Deposit Funds In Your Account – Coinbase is a CEX (centralised exchange), so you can buy crypto with debit cards and ACH transfer if you don't have funds in Coinbase. You can then convert it to crypto to add to your wallet.  
  • Step 3: Buy Baby Doge – Decide how much you want to invest in Baby dogecoin. Remember, meme coins can be volatile, so only invest what you can comfortably afford to lose. 

 

eToro may likely list Baby Dogecoin in 2022, as it currently lists Dogecoin (DOGE) and Shiba Inu (SHIB). It's quick and easy to create an account on eToro. The platform has a popular social network and offers copy trading, where you can mirror the trades of verified eToro traders. If you're a crypto beginner, copy trading can help you learn how the cryptocurrency market works.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

The Best Platforms To Buy Baby Dogecoin

What is the best place to buy Baby Doge?

Right now, there are few places online that list Baby dogecoin. In most cases, PancakeSwap is the only option. As mentioned earlier, navigating the PancakeSwap interface can be challenging for new traders. As Baby Dogecoin is almost a year old, we anticipate more of our recommended cryptocurrency platforms adding it to their crypto listings.

1. PancakeSwap: The Direct Way to Buy Baby Doge

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PancakeSwap is a DEX (decentralised exchange) for swapping BEP-20 tokens, and it's where you can buy Baby dogecoin, but it isn't easy. There is no order book like many trading platforms as PancakeSwap uses the Automated Market Maker (AMM) model, so you cannot match a buy trade with a sell trade to execute your order. What PancakeSwap does is create a liquidity pool.

PancakeSwap users' funds help fill the liquidity pools. Users receive LP (liquidity provider) tokens by depositing funds into the pool. You can then use the LP tokens to add liquidity, trade tokens and earn rewards. PancakeSwap's governance token is $CAKE, which users can yield farm if they wish.

PancakeSwap supports several crypto wallets, including:

  • MetaMask
  • Wallet Connect
  • Trust Wallet
  •  Binance Chain Wallet

CertiK audits PancakeSwap, and you can win NFTs and new tokens with Initial Farm Offerings (IFO).

PancakeSwap is a pioneer in the DeFi market, and it's the largest Automated Market Maker (AMM) project on BSC (Binance Smart Chain). It was the first platform to list Baby dogecoin.

2. eToro: Could eToro List Baby Doge in 2022?

eToro, established in 2007, is a highly regulated cryptocurrency exchange (FCA, ASIC, CySEC, SEC and FINRA registered). The platform supports 60+ cryptocurrency tokens and 60+ markets. Currently, eToro does not list Baby dogecoin (BABYDOGE) though it's likely it could happen in 2022 as eToro already lists Dogecoin (DOGE) and Shiba Inu (SHIB).

eToro has a minimum deposit requirement of only $10 for US and UK clients. The platform accepts multiple payment methods, including debit and credit cards, ACH transfers and PayPal, for a low 1% transaction fee.

You can buy the top-listed coins on eToro like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA) and many more.

As eToro is a leading cryptocurrency exchange, you can also earn passive income from some of your coin holdings if they are proof of stake (PoS). Another bonus is that eToro is a multi-asset platform, so you have access to financial assets like:

  • Forex
  • Stock
  • ETFs
  • Indices

We always advise purchasing cryptocurrencies via a regulated cryptocurrency exchange like eToro, so although Baby dogecoin isn't listed yet, if you don't mind waiting, you can open an account with eToro and explore the functionality of the platform, have a go at copy trading, join the social network and learn about other cryptocurrencies.

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

3. Crypto.com: Earn Interest on Dogecoin

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Crypto.com is a highly recommended cryptocurrency exchange with over 10 million users. It lists over 200 coins and has more than 400 markets for trading. Opening an account with Crypto.com is straightforward. For a small fee of 2.99%, you can purchase cryptocurrency with a debit card (sometimes this fee is waived for new clients, so contact customer support to ask before using your card for the first time).

Other payment methods include ACH or domestic bank wire. If you hold $CRO tokens, it can help to offset fees.

Benefits of a Crypto.com account

  • Yield earning savings account – make an income from your coins. Lock-up periods are short, between 1-3 months. For instance, you can earn interest with Dogecoin (DOGE) and Bitcoin (BTC)
  • Crypto Loans - your altcoins can be collateral for a loan, so you can make interest from loaning them to others without losing ownership. Crypto.com has insurance to cover instances of a loan defaulting
  • Crypto Visa credit card – the Crypto.com credit card is one of the best in the crypto space. Having a crypto card alleviates the typical issues of converting cryptocurrency into a stablecoin to send to an off-ramp platform, converting to fiat currency and transferring to your bank account

Crypto.com doesn't currently list Baby dogecoin, but as it already lists Dogecoin (DOGE) and Shiba Inu (SHIB) and is one of the most popular exchanges, the likelihood of listing Baby dogecoin is high

While Crypto.com hasn't listed Baby Doge yet, with the trajectory that Crypto.com is on, it might very well do so. The exchange has become one of the most popular and largest crypto platforms.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

4. Coinbase: Buy Baby Doge through ETH Swapping

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Coinbase, established in 2012, has a reputation for beginner-friendliness, and in 2021, the company was listed on the NASDAQ. Coinbase is a leading cryptocurrency exchange, possibly one of the largest globally.

You can buy Baby dogecoin by registering for a Coinbase self-custody wallet and purchasing Ethereum (ETH). On the app, click on the "Trade" tab, and here you can swap $ETH for any token that runs on the Ethereum blockchain by clicking on "Choose Coin". In this instance, choose $BABYDOGE, confirm your order and follow the on-screen instructions to complete the purchase.

If you're opening a new Coinbase account, click on the links in this post, and Coinbase will give you $10 of free Bitcoin as a thank you for registering an account. You can use that Bitcoin (BTC) to swap for Ethereum (ETH) to enable you to buy Baby dogecoin.

5. Binance: Buy Baby Doge with Trust Wallet

Binance is the largest cryptocurrency exchange worldwide by trading volume. The platform has over 100 million registered users, over 390 coins, more than 1600 markets, and a low maker/taker fee of only 1%, making it one of the most popular platforms for cryptocurrency traders.

Because Baby dogecoin is built on the BSC (Binance Smart Chain), you can purchase it via Binance's Trust Wallet. It's easy to get started. Register for an account with Binance and the Trust Wallet. The next step is to add $BNB to the wallet ($BNB is Binance's utility token). After that, connect the Trust Wallet to PancakeSwap by visiting the website.

Check everything thoroughly before buying Baby dogecoin. Ensure you have the correct contract address for PancakeSwap, which you can get directly from the Baby Doge website. Unfortunately, some unscrupulous people created scam sites for Baby dogecoin listings, so you don't want to get caught by one of these.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

What Is Baby Doge (BABYDOGE)?

Baby Doge is a hyper-deflationary protocol supposedly created by fans of the online doge meme community. $BABYDOGE token holders receive rewards as 5% of all transaction fees are distributed to Baby dogecoin holders' wallets.

Baby Doge's mission is to spread global awareness of animal adoption.

Dog-themed meme coins gained popularity in 2021, with Dogecoin (DOGE) and Shiba Inu (SHIB) creeping up to the top ten listed cryptocurrencies. The Baby Doge website refers to Dogecoin (DOGE) as the father of the $BABYDOGE token.

What Makes Baby Doge Unique?

Baby Doge is more than a cute puppy logo. The deflationary $BABYDOGE token will become scarce over some time. Still, $BABYDOGE holders continue to receive rewards in their wallets from funds generated from transactions. 5% is distributed to the liquidity pools and 5% to token holders.

  • Auto Burn: 45% of the supply is in the dead wallet. In every on-chain transaction, coins get burned
  • Auto Reflections: The rewards process of distributing 5% of each transaction to $BABYDOGE token holders
  • Locked Liquidity: Most of the initial LP tokens are locked or burned. Newly minted LP tokens from the 5% LP fees are not
  • Charity Wallet: A designated wallet for supporting charity partners. According to the Baby Doge website, it has raised over $750,000 to help animal charities like ASPCA, Furkids, and Paws with Cause,

Most meme coins have little real-world utility, but Baby Doge is trying to change that by forming partnerships with Coinpayments. This partnership would enable $BABYDOGE to integrate with leading e-commerce platforms, such as Shopify, WooCommerce and Magento. Baby Doge also aims to improve transaction speeds typical of Dogecoin.

Is Baby Doge Worth It?

The Baby Doge website has a transparent roadmap for the future, although it doesn't predefine target dates. In the final phase (5), the goals for Baby Doge are as follows:

  • 300,000 Holders
  • Release Baby Doge Swap.
  • Release an NFT marketplace and NFT collection.
  • Give away Tesla to the community
  • Memes. Everywhere.
  • $750k total donations to dog shelters

Though Baby Doge appears to be making progress in the crypto space, many crypto experts are cynical about Baby Doge, especially as it is not yet fully established as a protocol. Investment in $BABYDOGE is purely speculative at this stage, though it's the same for many other cryptocurrencies on the market.

Unique Features of Baby Doge

  • Faster transactions - the hyper-deflationary process helps speed up transactions
  • Lower Transaction Fees - Transaction fees are lower than Dogecoin, at less than $0.01
  • Large supply - total supply is 420 quadrillion $BABYDOGE tokens (whilst that number may seem optimistic, it could mean $BABYDOGE prices are unlikely to grow significantly)
  • Trader incentives - by contributing to the liquidity pool, users receive rewards as an incentive to hold onto tokens
  • Baby Doge debit card - users can load fiat currency onto the card and use it to pay for retail purchases

Baby Doge Price Prediction

The crypto market is in a bearish situation right now (May 2022), and like most coins, the price of $BABYDOGE has fallen significantly. According to crypto experts, market price correction could precede new highs later in 2022 or early 2023.

Should I buy Baby Doge now that the price is low?

The cryptocurrency market is unpredictable. It's unknown if it has hit the "floor" in this bearish market. Investment in $BABYDOGE is speculative because nobody knows what will happen next. A random tweet from Elon Musk could send the price of dog-themed meme coins rocketing again, but he's refrained from such comments since July 2021. Will Elon Musk's acquisition of Twitter make any difference to the cryptocurrency market? Again, nobody knows. It could go either way.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Best Ways To Buy Baby Doge

The options for buying $BABYDOGE are currently limited, but that will likely change quite soon. One of the best options is to use the Coinbase wallet and swap $ETH for $BABYDOGE. Alternatively, use the Binance Trust Wallet and exchange $BNB for Baby Doge tokens.

Best Baby Doge Wallet

Whatever cryptocurrency you buy, leaving it on an open exchange is not safe. If you purchase baby Doge, you must transfer it to a secure crypto wallet that supports $BABYDOGE.

The eToro Money wallet is a secure digital wallet that stores multiple cryptocurrencies, around 120. When you purchase crypto tokens on eToro, you can exchange, hold, or receive cryptocurrency. The eToro Money wallet includes an app conversion for over 500 cryptocurrency pairs.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Conclusion For Where To Buy Baby Doge

Many leading cryptocurrency exchanges, such as eToro and Coinbase, list the dog-themed meme tokens like Dogecoin (DOGE) and Shiba Inu (SHIB), so we can hopefully anticipate many of them adopting Baby Doge in 2022.

Right now, purchasing BABYDOGE tokens is a little tricky but manageable if you follow the instructions in this post. Navigating PancakeSwap is not ideal for crypto beginners, so a better option is to buy ETH with Coinbase and exchange it for Baby Doge tokens.

Whether a meme coin like Baby Doge has longevity in the cryptocurrency market is debatable. With the limited real-world utility, short-term profits are risky, and long-term gains are speculative.  

If Baby Doge continues to build utility and scalability, the project could gain more market cap, which would result in more widespread adoption by crypto exchanges. Baby Doge has a loyal band of followers and continues to support charitable animal causes, which has helped to muster support from the Baby Doge community.

Trading or investing in financial instruments such as cryptos may not be suitable for all investors. It does involve risk and the possibility of a loss of capital. There are no guarantees for profiting from cryptocurrencies, and it's advisable only to risk what you can comfortably afford to lose.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Trading Education.

eToro – The Best Place To Buy Cryptocurrencies 

Open an account with eToro, deposit some funds with USD, and finally – buy cryptocurrencies from just $10.

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Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

FAQs

Is Baby Doge the Best Crypto to Buy in 2022?

It's debatable if Baby Doge is the best coin for investment in 2022 because there are more established projects with real-world utility. Just because a crypto token is low-priced doesn't mean it's a good investment.

Where can I buy Baby Doge crypto?

As mentioned in this post, use Coinbase to purchase Ethereum (ETH) and exchange it for Baby Doge.

Is Baby Doge a good investment?

Not necessarily. Baby Doge is still new to the crypto market, and until it has become more established and listed with more cryptocurrency exchanges, it remains speculative. As $BABYDOGE becomes easier to purchase, it's likely to be more widely adopted by retail investors and traders

When should I enter and buy Baby Doge crypto?

We cannot advise when you should buy Baby Doge as we aren't financial experts or crypto market advisors. Deciding when to buy $BABYDOGE must be a personal choice

Can I buy Baby Doge with my debit or credit card?

You can buy Ethereum (ETH) on Coinbase with a debit card, which you can exchange for Baby Doge

Is Baby Doge similar to DogeCoin?

Baby Doge and Dogecoin are dog-themed meme coins with a Shiba Inu dog as the logo. Baby Doge has a puppy logo.

The Baby Doge website says that Dogecoin (DOGE) is the father of Baby Doge. There are similarities between the two, but they are not precisely the same.

Is Baby Doge on eToro?

Not yet, You can check Baby Doge markets on CoinMarketCap or create an account with eToro ready for when they add Baby Doge.

Is Baby Doge on Coinbase?

Not yet. But you can open an account with Coinbase and sign up for the self-custody wallet. Buy Ethereum (ETH) with your debit card and send it to the wallet. You can then exchange the $ETH for $BABYDOGE tokens

Is Baby Doge on Binance?

Not yet. Binance lists almost 400 coins. The platform could list $BABYDOGE soon. You can, however, register for an account and sign up for the Binance Trust Wallet. Fund your account with a $10 minimum, purchase $BNB tokens (Binance's utility token), and send them to the Trust Wallet. You can then exchange $BNB for $BABYDOGE from the wallet

Is Baby Doge on Crypto.com?

Baby Doge isn't listed with Crypto.com yet, but as it lists over 200 cryptocurrencies, it could be adding $BABYDOGE in 2022.

Read More:

How To Invest In Meme Coins

Best Meme Coins To Buy

Top 10 Shiba Alternatives That Are Set To Explode

Best Altcoin Exchange

Top 10 Best Cryptocurrencies To Buy And Invest For The Long Term

Top 10 Long-Term Cryptocurrency Investments To Consider