Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure

How to buy Dogecoin (DOGE) in 4 steps

Learn how to easily buy Dogecoin (DOGE) by following Finder's step-by-step guide and comparing 10+ crypto exchanges.

Crypto.com App

Crypto.com App logo
  • Buy crypto at true cost with the lowest fees
  • Buy, sell, and manage 100+ cryptoassets, and track 260+ coins
  • Earn yield on your crypto holdings.
Go to site

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

How to buy Dogecoin:

Buying Dogecoin (DOGE) is a relatively simple process to follow. You just need some photo ID to create an account on a platform that sells it and then link a payment method to buy it with, such as a bank account or debit card. Credit cards are another common way to buy Dogecoin, and Finder has a separate guide for buying DOGE with a credit card.

Cryptocurrency exchanges are the main way people buy Dogecoin and other cryptocurrencies. Don't worry – while the technology behind Dogecoin is complex, Finder has all the information you need to buy DOGE. The process is the same for buying other cryptocurrencies, so it will be easy to buy crypto assets and tokens and have a diverse portfolio. You are not locked into buying a lot or a little of Dogecoin either – it's completely up to you how much you spend.

Step 1: Choose where to buy:

A cryptocurrency exchange is a site that lets you buy and sell crypto assets and tokens. They operate similarly to stock exchanges. Crypto exchanges differ by fees, security, payment methods and features, so use Finder's table to help determine which one is the right fit for you. If you're a beginner, you won't need a lot of features, and you can always sign up to other exchanges later.

To purchase Dogecoin, you will need to do the following:

  • Choose an exchange that accepts payment in your local currency.
  • Some of the most popular exchanges that accept USD are eToro USA LLC Cryptocurrency Trading, FTX.US Cryptocurrency Exchange and SoFi Cryptocurrency Exchange. All of these exchanges are considered relatively beginner friendly and offer deposit methods in a variety of methods.
  • They are considered beginner-friendly and accept common payment methods, like bank transfer, wire transfer and debit or credit cards.

To help you pick an exchange for buying Dogecoin, consider the following:

  • Fees: Fees are charged on each purchase and can add up over time. Paying with a credit card tends to be the most expensive option, so keep an eye out for exchanges with free payment methods like a bank transfer.
  • Coins: Obviously, you want some Dogecoin, but have you thought about what other cryptocurrencies you might like to purchase later on? If you plan to expand your portfolio at some point, consider picking an exchange with other coins of interest.
  • Location: Cryptocurrency exchanges based in the US must comply with local laws and regulations, and you will find some exchanges are unavailable in certain states. Be wary of exchanges located in foreign tax havens with weak consumer laws.
1 - 6 of 17
Name Product Deposit methods Fiat Currencies Cryptocurrencies
eToro USA LLC Cryptocurrency Trading
Wire transfer, Online banking
USD

25
cryptocurrencies

Get a $10 bonus when you deposit $100 or more.
Disclaimer: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

Copy the trades of leading cryptocurrency investors on this unique social investment platform. Non-US residents can read our review of eToro's global site here.
FTX.US Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Wire transfer
USD, AUD, EUR, CAD, GBP, SGD

37
cryptocurrencies

Sign up through Finder for a 5% discount on all trading fees. T&Cs apply.
FTX exchange offers a range of cryptocurrencies, up to 10x leverage, access to global liquidity, no-fee debit cards for FTX users, fee-free first ACH deposit and benefits for FTT token holders.
SoFi Cryptocurrency Exchange
SoFi Cryptocurrency Exchange
Bank transfer
USD

21
cryptocurrencies

Win up to $100 in crypto with a qualifying first trade
Instantly purchase a handful of leading cryptocurrencies with the SoFi app, which also insures your coins against potential hacks or theft.
Uphold Digital Money Platform
Bank transfer, Credit card, Debit card, Bank transfer (SEPA)
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD & 10+ more

125
cryptocurrencies

Refer a friend to earn US$20 — $10 for you and $10 for the person you refer.
Buy, send and convert from 27 currencies in seconds, all on one platform.
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

599
cryptocurrencies

Finder exclusive: Sign up and use code 1xf56 for one month of VIP 1 benefits. Deposit/transfer more than 0.1 BTC to KuCoin within 7 days of registration for 1 month of VIP 2 benefits. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

264
cryptocurrencies

Buy 250+ 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.
loading

Compare up to 4 providers

Step 2: Create an account:

Once you have selected an exchange to purchase Dogecoin from the table above, you will need to register.

  • You can sign up for an account by selecting the Go to site button above.
    • This will take you to the account creation page where you can fill in your details, such as your name and email address.
  • You will then need to verify your identity and address, which is part of a process called Know Your Customer (KYC). This is a legal requirement by exchanges in the US
    • To do this, you will need a photo ID and a copy of a recent bank statement or utility bill that has your address on it.
    • KYC is typically approved instantly, although in some cases, you may have to wait a few days before your account is verified.
    • Finder's KYC Guide.
  • Once your account has been approved, you will need to choose a payment method to deposit funds into your account before you can make any purchases.

Step 3: Fund your account:

To buy Dogecoin, you will first need to deposit money into your exchange account or link a credit or debit card. You can register for some exchanges without KYC, but you will need to go through the process when you fund your account with fiat or buy Dogecoin with a card.

Exchange Bank deposit Card deposit Crypto deposit Buy Dogecoin
eToro USA LLC Cryptocurrency Trading
Go to site
FTX.US Cryptocurrency Exchange
Go to site
SoFi Cryptocurrency Exchange
Go to site

There are various ways to deposit funds into an exchange account to buy Dogecoin, each of which will have a different wait time before payments are deposited.

  • Wait times can range from nearly instant to a few business days.
  • Each exchange will accept different forms of payment for deposits, and there are often region-specific methods. Some funding methods include the following:
    • Bank transfer
    • e-Transfer
    • ACH
    • SEPA
    • Debit card
    • Wire transfer
    • Credit card

Step 4: Buy Dogecoin:

Navigate to the markets section on your chosen exchange to find your desired Dogecoin pairing. Look for the section on buying DOGE, and type in the amount of the paired cryptocurrency you want to spend or the amount of DOGE you want to buy.

  • Note: Carefully review your transaction details, including the amount of Dogecoin you're buying and the total cost of the purchase, before completing the transaction.

Some cryptocurrency exchanges only offer one way to purchase cryptocurrency while others give you a few options. The most popular methods of purchasing Dogecoin are instant buy and the spot market.

Instant buy/market order

Most exchanges offer the ability to buy high volume cryptocurrencies such as Dogecoin instantly, and this is one of the fastest ways to purchase DOGE. Simply enter the amount you would like to purchase in USD and the exchange will calculate the equivalent amount of DOGE, according to the market rate.

Buying DOGE via the instant buy method is generally more expensive than on the spot market as there is usually an extra exchange fee added on top of the market price. This can be a simple way to purchase Dogecoin for beginners but it's important to be aware of the extra costs involved, especially if using this method with a linked credit card as fees add up.

Spot market

The spot market is offered on the majority of crypto exchanges and is the most common way to buy and sell Dogecoin. There are different ways to buy DOGE on a spot market, but market buys and limit orders are the 2 most common.

A market buy is like an instant buy, but without the added fee charged by the exchange for brokering the deal. There is still a trading fee, but it's lower than instant buy.

A limit order is placing an order for Dogecoin at a set price and amount of DOGE. The order is filled as other users sell their DOGE through a selling limit order or market sale at the price set. Trading fees for a limit order are generally less than for a market buy, but it varies by exchange.

The risks of buying Dogecoin:

Cryptocurrencies are complex and volatile assets. Buying any digital coin or token comes with a high level of risk attached. Before you buy, do plenty of research and ensure you recognize the factors that could potentially drive the price of a cryptocurrency asset either up or down. Here are a few risks of buying DOGE:

  • Competition. There are new projects coming to market that create competition and can dilute market values of the other assets in the sector or overtake them.
  • Regulatory changes. Government regulation could affect crypto prices negatively such as the banning of crypto in a country.
  • Exchange or account hacks. While uncommon, there is the risk of an exchange or your account being hacked and funds being stolen.

Keeping Dogecoin safe in a wallet:

While some people choose to store their Dogecoin in their exchange account, this is not recommended. You should only keep crypto on an exchange when planning to trade it. Exchanges are regular targets for hackers and thieves. It's a much safer option to move coins and tokens into a wallet that allows you to retain full control of your private keys. There are both hardware and software wallets for desktop and web browsers available to store Dogecoin. Keep Dogecoin safe with any of Finder's recommended wallets.

Frequently asked questions

Is Dogecoin a good investment?

Dogecoin might be a good investment. Check out what Finder experts think about Dogecoin's price here.

Can I buy Dogecoin for fiat?

Yes, you can buy Dogecoin for fiat on most crypto exchanges.

Can I get Dogecoin for free?

Yes, it is possible to get free DOGE through staking or other earning options. Check out Finder's How to Mine Dogecoin page.

What is the easiest way to buy Dogecoin?

The easiest way to buy Dogecoin is through a cryptocurrency exchange or broker.

Where is the best place to buy Dogecoin?

The best place to buy Dogecoin is a cryptocurrency exchange. Click here to see Finder's pick of exchanges that sell DOGE.

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site