If your platform of choice is eToro to buy cryptocurrencies , you are lucky to be able to buy dogcoins on eToro. Compared to other major cryptocurrency exchanges, Buying and selling dogcoins on eToro is very cheap， How to buy dogecoin on eToro, please read the detailed and easy steps below.
You can also click here to watch the video tutorial: how to buy dogecoin on eToro.
Step 1: Register with eToro
eToro is one of the most popular trading platforms and online brokers in the world.
You can sign up for eToro here. the process is easy to follow and you will have an account set up in no time.
Step 2: Account verification
To properly secure your account, eToro requires account verification. You will need to upload a valid ID and proof of address.
Step 3: Deposit funds to your account
Once your account has been verified, you can deposit funds, a simple process as you can choose the source of funds and select the amount to spend. eToro has one of the best advantages in that users are not charged deposit fees. Having legal tender in your eToro account is a necessary step to purchase DogeCoin.
Step 4: Purchase DogeCoin for the first time
Now that you have funds available in your account, simply navigate to the dogecoin page and make your first purchase. Please find the correct currency that can be used for your purchase. For example, if you are using US dollars, the currency pair to use is marked “DOGE/USD”.
How to sell dogcoins on eToro
To sell your dogcoins on eToro, follow the same process as you would for a purchase. The difference is that after you open a new order form, you need to click Sell at the top of the form. Then enter the number of dogcoins you want to sell and click “Open Transaction”.
How much does it cost to buy dogcoin on eToro?
Compared to other major cryptocurrency exchanges, buying and selling dogcoins on eToro is very cheap. There is a 1% fixed transaction fee when buying dogcoins and an additional 1% transaction fee when selling. If you use a credit card, debit card or e-wallet to purchase cryptocurrencies, eToro does not charge additional fees.
It is also worth noting that if you send coins from your trading account to your eToro Dogecoin wallet, eToro charges a 0.5% transfer fee. eToro charges a $5 fee for all cash withdrawals.
