Where to Buy Dogecoin 2022 – Beginner’s Guide

 The process from start to finish should take you no more than 5 minutes, which includes getting your account verified. If, however, you need a more detailed and thorough walkthrough – read on.

Where to Buy Dogecoin 

For a breakdown of where to buy Dogecoin online today, consider the brokers and exchanges reviewed below.

The platforms that we discuss for your perusal offer a safe and convenient way to invest in DOGE tokens – not least because they all support USD payments via debit/credit cards and bank transfers. Furthermore, these leading crypto exchanges offer some of the most undervalued cryptos so you can diversify your portfolio with low fees and tight spreads.

1. eToro – Overall Best Place to Buy Dogecoin in 2022

We analyzed thousands of online cryptocurrency brokers and exchanges and found that eToro is by far the best place to buy Dogecoin and all the other best altcoins to buy. The most important aspect of choosing eToro as your go-to broker is that the platform is regulated by the SEC and registered with FINRA.

Moreover, for added protection, you will be pleased to know that the broker is also regulated by licensing bodies in Europe and Australia. Irrespective of whether you are a seasoned pro or complete beginner, you will appreciate that eToro offers some of the lowest trading fees in this space.

For example, when you deposit US dollars into your account with a debit or credit card, you will not pay any transaction fees. Compare this to the likes of Coinbase, and you will pay 3.99%. This zero-fee deposit offering is also the case with e-wallets like Skrill and PayPal, as well as ACH and domestic bank wires.
Another thing to note is that when you buy Dogecoin at eToro, you only need to cover the spread. We found that in most cases, the spread at eToro on cryptocurrency trades starts from just 0.75%. In addition to a strong regulatory framework and industry-leading fees, we also like eToro’s budget-friendly framework.

For example, when you buy Dogecoin or any other best shitcoin or crypto for that matter, you only need to risk $10. This is the case regardless of how much your chosen digital currency is trading for. And as such, you can buy expensive coins like Bitcoin with a very small amount of capital.

Another top-rated feature offered by eToro is its Smart Portfolios. Put simply, by investing in a crypto-related Small Portfolio, you can inject capital into a diversified basket of tokens. Best of all, your Smart Portfolio will be managed by the eToro team, which promotes a passive investment experience.

eToro is also the best app to buy Dogecoin as its mobile crypto app is supported by both iOS and Android, if you’d rather trade on a handheld devic

2. Crypto.com – Buy Dogecoin in Under 5 Minutes With a Debit Card

crypto logoThe next exchange to consider when learning how to buy Dogecoin is Crypto Although this platform was only founded in 2016, it is now one of the largest exchanges in the cryptocurrency trading arena. It attracts billions of dollars in daily volume and now serves millions of clients of all skill sets.

Perhaps one of the most attractive features of using Crypto is that the process of opening an account, uploading ID, making a deposit, and subsequently buying Dogecoin can be completed in just 5 minutes. This is because Crypto uses automated verification tools, so your government-issued ID will be validated near-instantly.

Furthermore, to complement its fast KYC processes, Crypto allows you to buy Dogecoin with a debit/credit card in real-time. Although the process at Crypto is both simple and fast, we should note that debit and credit card deposits will cost you 2.99%. This is more expensive than eToro, which charges no fees on Visa or MasterCard payments made in US dollars
Another great perk of using Crypto to buy Dogecoin is that you can easily diversify across many other digital currency markets. In fact, Crypto host over 250 different coins of all shapes, sizes, and market capitalizations. In addition to this, Crypto also offers fully-fledged savings accounts.

In a nutshell, these crypto savings accounts allow you to earn interest on digital tokens that you own and hold on the Crypto.com platform. The specific APYs and terms of the lock-up period will depend on a variety of factors. For example, if you want to earn the highest yield possible, you will need to stake a minimum number of CRO tokens and lock your digital assets away for at least 3 months.

You can visit the Crypto.com website to view the platform’s full list of supported coins, yields, and lock-up terms. Another thing we like about Crypto.com is that the platform offers digital asset lending services. This means that by depositing a popular coin like Dogecoin, Bitcoin, or Ethereum, you have the opportunity to borrow additional digital tokens.

3. Binance – Buy Dogecoin via a Bank Transfer 

Another online broker that allows you to buy Dogecoin in a matter of minutes is Binance. This cryptocurrency exchange is actually the largest platform in this industry, with more than 100 million clients on its book.

However, Binance has a dedicated platform for US clients, which offers in excess of 60 digital currencies. In terms of how to buy DOGE at Binance, you have two options if you wish to use US dollars. The cheapest way is to deposit funds with a domestic bank wire or ACH. This is because Binance will not charge you any transaction fees.

The other option you have is to deposit funds with a debit or credit card. The payment will be processed instantly once you have uploaded your ID, albeit, Binance will charge you 4.5% in fees. Furthermore, you will also pay an instant buy fee of 0.5%, taking the total debit/credit card charge to 5%.

What is Dogecoin?

It makes sense that you have a firm understanding of any investment products that you are thinking of buying. After all, you will need to risk funds in order to make money from a Dogecoin purchase.

So with this in mind, we will now dive a bit deeper into what Dogecoin is so that you can assess whether or not this digital asset is right for your portfolio.

The Basics of Dogecoin

In a nutshell, Dogecoin is a cryptocurrency that was created and launched in 2013. The project was initially created as a joke, with Dogecoin founders designing their meme token based on a Shiba Inu dog.  Dogecoin remained a joke cryptocurrency project for many years, with the value of the token struggling to increase alongside the broader digital asset marketplace.

Is Dogecoin a Good Investment?

If you are an experienced investor in the cryptocurrency industry, then you will know the importance of performing your own research before parting with any capital.

This sentiment is even more imperative when considering just how volatile digital assets like Dogecoin are.

And as such, in this section of our guide on how to invest in Dogecoin, we’re going to explore the fundamentals of this project from an investment perspective paying particular attention to whether we think Dogecoin is a good investment or not. We urge you to conduct your own research in addition to the findings outlined below.

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