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How to Sell Dogecoin (DOGE)

Learn how to sell Dogecoin in 3 simple steps.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to sell Dogecoin in Canada

As long as you are in control of your private keys, you can sell your Dogecoin at any exchange you like. Look at our list of exchanges to see which one best meets your needs. You will want to compare exchanges based on deposit method and costs, fiat currencies supported and other associated fees.

Name Product Deposit methods Fiat Currencies Cryptocurrencies
Bitbuy Digital Currency Exchange
Cryptocurrency, Interac e-Transfer, Wire transfer
CAD

9
cryptocurrencies

Get a $20 bonus when you open an account and deposit at least CAD$250. T&Cs apply.
At this Canada-based cryptocurrency exchange, you can fund your account in CAD via Interac eTransfer and bank wire.
Netcoins Exchange
Netcoins Exchange
Cryptocurrency, Interac e-Transfer, Bank Wire, Online Bill Payments
CAD

7
cryptocurrencies

Buy Bitcoin and 5 other cryptocurrencies instantly using this straightforward broker.
NDAX Cryptocurrency Exchange
Bank transfer (ACH)
CAD

10
cryptocurrencies

Get a $10 bonus when you open an account and deposit at least CAD$100. T&Cs apply.
NDAX is a Canada-based digital asset exchange with CAD currency pairs and with options for advanced traders.
CoinSmart Cryptocurrency Exchange
Credit card, Debit card, Interac e-Transfer, Bank Wire, Bank Draft
CAD

10
cryptocurrencies

Get a $20 bonus in BTC when you open an account and deposit at least CAD$100. T&Cs apply.
Buy and sell cryptocurrency quickly and easily, with instant verification and 24/7 customer support, on this Canadian exchange.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

301
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in random tokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Coinberry Cryptocurrency Exchange
Credit card, Debit card, Interac e-Transfer, Wire transfer
CAD

6
cryptocurrencies

Get a $20 bonus when you buy or sell at least CAD$50 in digital currency. T&Cs apply.
Buy and sell cryptocurrency with Canadian dollars on this beginner-friendly Canadian exchange.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

153
cryptocurrencies

Buy 100+ cryptocurrencies, earn up to 14.5% p.a. on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
Wealthsimple Cryptocurrency Exchange
Bank transfer (EFT)
CAD

25
cryptocurrencies

Get a $50 cash bonus and commission-free trades when you open a Wealthsimple Trade or Crypto account and deposit and trade at least $150. Sign-up today to take advantage of this offer!
Buy and sell a range of cryptocurrencies instantly with no deposit or withdrawal fees.
Binance Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, GBP, EUR, RUB, TRY, NGN, UAH, PHP, CZK & 20+ more

314
cryptocurrencies

Promo: New users earn up to USD 100 in bonus rewards on qualified deposits and trades. Valid till 31 December 2021. T&Cs apply.
Trade an extensive range of reputable coins on this world-renowned exchange, popular for its high liquidity and multi-language support.

US residents: As of September 2019, US-based users can only trade USD on the American dollar onramp of Binance, Binance.US.
UK residents: In addition to normal crypto trading services, Binance offers margin lending. As this is a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service. If you're interested in margin trading, see authorised providers.
CA residents: Binance is not available for Ontario-based users.
FTX Cryptocurrency Exchange
FTX Cryptocurrency Exchange
Credit card, Wire transfer, Silvergate Exchange Network (SEN), Signature SIGNET
USD,EUR,GBP,AUD,HKD,SGD,TRY,ZAR,CAD,CHF,BRL

69
cryptocurrencies

FTX is an exchange built by traders for traders, with a range of derivatives markets such as options and futures with deep leverage, in addition to standard spot markets. Note: Not available for US customers.
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Compare up to 4 providers

Step by step guide to selling Dogecoin

  1. Register on a cryptocurrency exchange that lists Dogecoin. Research which exchange offers support for Dogecoin and register an account. Keep in mind that you will need to present government issued ID as well as an email address, a phone number and other information associated with your personal identity as part of their KYC process.
  2. Deposit DOGE into your account. Sign in to the exchange and copy your Dogecoin address to receive funds. Paste that address in your personal DOGE wallet, and click send. Remember to double-check the address or you might risk losing all your tokens.
  3. Sell Dogecoin. Once your Dogecoin has been successfully transferred to the exchange, you can sell it for Canadian dollars or another supported fiat currency.

How to choose the best way to sell Dogecoin?

How to sell your cryptocurrencies depends entirely on your personal circumstances. It’s important to do your own research and figure out what the best option is for you. Some exchanges are faster and more expensive, while other users might like to use p2p trading. What works for someone else might not be ideal for you. Start by asking yourself a few questions:

  • Do I want to sell Dogecoin for fiat or another cryptocurrency?
  • What fees and times am I comfortable with?
  • How do I want to receive payment?
  • What type of deposit does my bank allow?

When choosing a cryptocurrency exchange, be sure to consider the following:

  • Price. Research which exchanges give you the best possible market price for Dogecoin.
  • Fees. What are the exchange’s fees for depositing DOGE and for withdrawing fiat?
  • Limits. Review what the trading and withdrawal limits are for both Dogecoin and the fiat currency you wish to pair it with.
  • Security. What is the exchange’s reputation? Can you use 2-factor authentication or does it have any extra security measures in place?
  • Customer support. Often overlooked, this can be extremely important when things go wrong. Also, remember to check its operating times.
  • Reputation. Look for independent reviews and ask others their opinions about the exchanges you are looking into using.

Withdrawing funds after you sell Dogecoin

Storing funds on an exchange is bad practice in terms of security. Once you have sold your DOGE for a fiat currency, make sure to check what transfer options are available to withdraw those funds from the exchange. These may include the following:

  • Bank transfer
  • Credit/debit card

There are several factors you need to take into account when withdrawing your funds.

  • Fees. These can add up over time, so try to withdraw as much of your funds as possible at one time rather than making a number of smaller withdrawals.
  • Limits. Check if there are limits on the amount you can withdraw. Sometimes, platforms will let you withdraw higher amounts if you provide extra identifying information such as your home address.
  • Processing times. It’s very important to know how long withdrawals take. In terms of bank transfers, it usually takes 3-5 business days. Credit and debit cards can be more expensive but can be much quicker.

Is now a good time to sell Dogecoin?

Although nobody can foresee the future, the market can be analyzed closely. See what the general trends are, how the token has moved during the past weeks and months and whether there are any upgrades coming soon as well as other similar factors. Use our in-depth technical analysis to get a better feel for the market and to make an informed decision.

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