Dogecoin (DOGE) has made a huge impact in the crypto space. Many people, especially the young generation now have some exposure to crypto-assets. The recent Dogecoin price pumped made a lot of young people rich. Yet, some states have been hard on the crypto revolution. But Nevada sets itself apart as a State that fosters crypto adoption.
Is it Hard to Buy Crypto in Nevada?
No. The United States of America has federal governments that govern their jurisdictions. Each local government has full autonomy to set up laws that it deems necessary to protect its people.
In fact, Nevada is one of the states that has blockchain-supportive laws. Because of this, one of the crypto millionaires is planning to build a smart city in the State. Blockchains LLC, a company run by Jeffery Berns, bought $170 million worth of land for the project.
How to Buy Dogecoin in Nevada
There are many exchanges that have extended their services to Nevada. We are going to look at each of the exchanges and some of their features.
Coinbase and Coinbase Pro
These two are in the same category because they belong to the same parent company. The only advantage Coinbase pro has over Coinbase is high liquidity. Otherwise, both are in the United States and are the best ways to buy DOGE in the US. Coinbase Pro also has reduced fees. Sign up with Coinbase Pro today to buy your first Dogecoin.
Gemini
The Gemini exchange was created by the Winklevoss twins. The platform supports Dogecoin buying and selling and has a wide range of other cryptocurrencies. The platform also has decent liquidity, which means your trades will not be stuck. Sign up with Gemini today to get your first exposure to Dogecoin
Voyager App
Trading on the Voyager App is available to all U.S citizens, including those from Nevada. The platform has good liquidity and has decent trading volume. Sign up with Voyager today and get your feet wet with DOGE.
Because of the tight SEC laws in the United States, most crypto-based companies have shied away from serving U.S based customers. The Securities and Exchanges Commission (SEC) has been hot on the heels of blockchain companies. Even the mighty Coinbase could not escape the SEC’s wrath. As of today, Coinbase is larger than 90% of the banks in the United States. The SEC views this as a threat to the banks and the banking system.
Conclusion
These are the safest ways you can buy Dogecoin (DOGE) in Nevada. US law enforcement is one of the best in the world. They are swift to locate and pin down anyone who breaks the laws. hence, to remain on the safe side, use these exchanges. Our recommendation is Coinbase Pro for transactions that involve large amounts of DOGE. This is because of the three companies, Coinbase is the largest and most established.