If you don’t know where the best place to buy dogecoin is. In this guide you will learn how to buy dogecoin on etoro and the 5 best exchanges to buy dogecoin in 2023.
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To buy dogecoin using your bank account on eToro, follow these 4 steps.
Step 1 – First, link your bank account to your eToro account, this can be done by finding the deposit button on the sshoujid mobile side of the app or on the computer side of the website.
Step 2 – After linking, look for Dogcoin on the eToro platform. Or type “Dogecoin” or “DOGE” in the search bar.
Step 3 – Then, at the bottom, click on the “Trade” button and enter any amount of Dogecoin you wish to purchase.
Step 4 – For the final step, click the “Buy” button and your purchased Dogecoin will be transferred to your eToro account.
Check this out:how to buy dogecoin on etoro (video tutorial)
The 5 Best Exchanges to Buy Dogecoin in 2023
The transaction fees and incentives for buying dogecoin on different exchanges are very different. If you don’t like buying dogecoin on eTorog, you can learn about the following 4 best exchanges to buy dogecoin.
| Exchange | Fees | Coins | Regulation |
|---|---|---|---|
| eToro | 1% | 63+ | FCA, CySEC, AFSL |
| Binance | 0.10% | 600+ | AMF |
| Skilling | Dynamic | 55+ | CySEC, FSA |
| Bitstamp | 0.50% | 75+ | CSSF |
| OKX | 0.10% | 343+ | VARA |
1. eToro – Best overall exchange
eToro is our top choice for buying dogcoins because it has a vibrant investor community, supports free deposits and withdrawals, and provides investors with the tools to make informed decisions.
In terms of fees, crypto conversions cost 1% of the transaction value, while deposits are limited to a minimum of $10. Deposits and withdrawals are free. However, the withdrawal fee is $5 for withdrawals over $30.
eToro Features
- Multi-asset support
- Free deposits
- Flexible payment options
- Global reach
- Large user base
2.Binance – the lowest transaction fees
Binance has one of the largest collections of cryptocurrencies in the industry, and the exchange has a collection of over 600 tokens, including dogcoins, with new tokens being added to the list all the time.
In terms of fees, Binance charges a base conversion fee of 0.10% on transactions. While this is already lower than most competitors, it’s still lower when you hold the exchange’s native token, BNB. The more BNBs you hold, the lower your fee will be until the lower limit is between 0.02% and 0.03%.
Cryptocurrency Features
- High daily trading volume
- Separate accounts for futures, spot and margin trading
- High leverage options for futures
- Fast execution
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3.Skilling – the best place to go for Dogcoin CFDs
Skilling is a cryptocurrency broker that is perfect for people who own dogcoins and trade them frequently. The exchange offers cryptocurrency contracts for difference (CFDs), derivatives that allow traders to profit from cryptocurrency price movements without having to own the asset.
In terms of fees, you can access CFDs on more than 55 cryptocurrencies at an affordable price of 0.2% per trade. However, you will need a minimum deposit of $100 to get started. After depositing, you can use the 1:50 leverage facility.
Skilling Features
- 2% margin requirement
- Crypto deposit support
- Highly secure and well regulated
- Cheap bitcoin spreads
- 1:50 leverage facility
4. Bitstamp – The Safest Place to Buy Dogcoins
Bitstamp is known for its security, as the exchange uses bank-grade encryption to protect its users’ deposits. It also keeps about 95% of its users’ funds in a secure cold wallet, away from potential attackers.
In terms of fees, accounts with monthly trading volume above $1,000 but below $10,000 are charged 0.30% – 0.40%, however, this is the maximum fee you will pay. Once your monthly volume exceeds $10,000, the fee decreases as your volume increases until you reach the 0.03% floor (usually for volumes over $1 billion).
Bitstamp Features
- High security
- Deposit insurance
- Dedicated transaction terminal
- Fast execution
- >95% uptime
5. OKX – the best place with Web3 functionality
OKX takes a holistic approach to providing crypto services. It is perfect for users who want to do more than just trade or invest. While some people may only want to buy dogcoins, others may want to experience the features that web3 has to offer.
The spot market offers over 300 cryptocurrencies, including dogcoins, which you can easily exchange using a free quick conversion service. However, it can only be converted at a limited market price.
To set up a limit order, use the clean, basic trading interface with variable order types. You must pay a transaction fee of 0.06% to 0.10%.
OKX Features
- Supports over 300 cryptocurrencies
- Clean, new-age user interface
- Robust derivatives options
- Over-the-counter trading desk
Conclusion
Buying Doge at eToro is easy, cheap and fast. You can start and own Doge in less than 10 minutes, while paying some of the lowest fees in the industry. Best of all, eToro offers a cryptocurrency wallet and advanced tools to actively trade cryptocurrencies.
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