
Dogelon Mars (ELON) is the 245th largest cryptocurrency by market cap, valued at US$110,797,427.
Dogelon Mars is a highly volatile asset capable of major price swings in a single day. Today ELON is trading for $2.01822e-7 USD, which is higher than yesterday's trading price of $0.0000001959 USD. Over the past year, Dogelon Mars's price has seen a decrease of -53%.
So before you buy Dogelon Mars, make sure you understand these unique risks as well as its legal and tax status here in the UK.
If you're ready to get started, read on for step-by-step instructions on how you can buy Dogelon Mars.
How to buy Dogelon Mars in 4 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
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Compare crypto exchanges
The easiest way to buy Dogelon Mars is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
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Create an account
To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
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Make a deposit
Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy Dogelon Mars
You can now exchange your funds for Dogelon Mars. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Dogelon Mars to your personal wallet.
Where to buy Dogelon Mars in the UK
Find an exchange to buy, sell and trade ELON by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
How we keep this Dogelon Mars guide up-to-date
- ELON price data is regularly updated through data feeds so you always have the latest information.
- Dogelon Mars performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
How do I find the best places to buy Dogelon Mars?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy Dogelon Mars?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Dogelon Mars.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ELON with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What is the easiest way to buy Dogelon Mars?
The easiest way to buy ELON is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying ELON, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Dogelon Mars has been performing recently.
Best Dogelon Mars wallets to store your ELON
You can keep your ELON on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ELON below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 1,317+ |
Supported assets 30,000+ |
Price (USD) $149 |
Price (USD) $186 |
Price (USD) $49.99 |
See more of the best crypto wallets
Is Dogelon Mars a good investment?
ELON, quite like many other digital assets being traded globally today, is routinely faced with high volatility. This is particularly true for all meme-based cryptocurrencies. Here are a few aspects regarding the project that our readers should check out before investing in it:
- Founders are unknown: Like other meme-based cryptocurrencies the founders of this coin have not yet revealed their identities. While the founder of Dogelon Mars claims to be named Elon, there is no evidence to back this data up. Furthermore, the fact that the project’s native token has been named ELON, suggests that the project’s creators could be trying to cash in on the popularity of Elon Musk, the CEO of Tesla and SpaceX, and his close affiliation to the cryptocurrency industry.
- A fork of Dogecoin: As per the project’s official Github repository Dogelon Mars is a fork of the popular meme cryptocurrency, DOGE. However, the key difference between the two is that ELON has a much larger maximum token supply when compared with DOGE. While DOGE has no capped supply and a circulating supply of 132 billion, ELON has a maximum capped supply of 1 quadrillion tokens. ELON tokens are, therefore, much more readily available.
- Proven market growth: Since its inception, Dogelon Mars has continued to showcase strong community growth. The project’s Twitter handle has grown to 600,000 followers within an extremely short period of time. The project’s official Telegram channel has also grown to 100,000 followers. The success within social media channels may showcase the rising public interest in the project.
Today's Dogelon Mars price versus ATH
Compare today's price of Dogelon Mars ($2.01822e-7 USD) against its all-time-high price of $0.00000259 USD on 30 October 2021. The closer the bar is to 100%, the closer ELON is to reaching its ATH again.
ATH date: October 30, 2021
Dogelon Mars ATH: $0.00000259
How to trade, convert or sell Dogelon Mars
You can convert or sell your ELON with the same exchange you bought it through:- Sign in to the exchange you have ELON on.
- If you store your Dogelon Mars in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of ELON you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of Dogelon Mars.
- Complete your transaction and move your ELON to a wallet for storage.
* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.
Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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