How To Buy Dogecoin on eToro

In this guide, we’ll show you how to buy Dogecoin with eToro. We’ll cover the process step-by-step and explain why eToro is the best place to buy Dogecoin today. Let's get started!

Dogecoin is one of the best meme coins in the market today and the fastest-growing assets in the world, but you won’t find it at many forex or stock brokerages. The good news is that you can buy Dogecoin with eToro, one of the best leading crypto exchanges and stock trading apps.

 

How to Buy Dogecoin on eToro Today – Tutorial

The simple steps above cover the basics of how to invest in Dogecoin on eToro, which has become the hub for traders looking for the best copy traders. But we’ve broken the process down in more detail so anyone who has never bought Dogecoin or any other cryptocurrency before can follow along below.

Step 1: Sign Up for eToro

The first step to buying Dogecoin with eToro is to create a new trading account. Head to eToro’s website and click “Join Now”.

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Step 2: Verification

The account verification via the eToro is straightforward. Simply upload proof of identity and a proof of address. The eToro compliance team will then process your documents which usually happens within 12 hours.

Step 3: Deposit Funds

eToro requires a minimum deposit of $10 when you open a new account. You can pay via credit or debit card, PayPal, Neteller, or bank wire.

Step 4: Search for Dogecoin

Head back to eToro and find the search bar at the top of the dashboard. Enter Dogecoin or DOGE, then click Trade when it appears to open a new order form.

Step 5: Buy Dogecoin

In order to buy Dogecoin on eToro, you need to enter the amount of DOGE you want to purchase. When you’re ready, click Open Trade to buy Dogecoin with eToro.

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

Step 4: Set Up a Crypto Wallet

When you buy dogecoin with eToro, you have the option to store your DOGE coins in your eToro account.

eToro crypto wallet is highly secure and allows you to use your Dogecoin for a wide variety of applications. 

How to Sell Dogecoin on eToro

The process to sell Dogecoin on eToro is almost the same as the process to buy Dogecoin or any coin. The only difference is that once the order form appears, you will need to click Sell at the top of the form. Then enter the amount of Dogecoin you want to sell and click Open Trade to complete your sale. With so many payment options supported by eToro you can effectively buy Dogecoin directly from your mobile device.

What Is Dogecoin? 

Dogecoin, which is also known as DOGE, is a cryptocurrency that is increasing in popularity. The crypto is also known as the meme coin, given that it was created after the meme frenzy.

Dogecoin was created in 2013 by Billy Markus and Jackson Palmer, two software developers. While the currency was initially designed to show humor regarding altcoins' growth, it can rise past the joke to become highly popular. 

DOGE is also made with features that give it great value in the market. It is also a popular digital currency used by online content creators, and it goes beyond the scalability issues reported on other blockchain-based currencies such as Bitcoin. After setting its position as one of the reputable altcoins, Dogecoin's popularity and value will shoot even higher.

Will Dogecoin's Price Increase? 

When investing, you are never sure about your returns or, worse, losses. The possibility of loss is even higher in the crypto market because their values keep fluctuating. To this end, you can never be entirely sure about the future value of Dogecoin. 

However, it is safe to say that the value of Dogecoin will most likely increase in the future. Governments worldwide have been looking into blockchain and ways they can leverage this cutting-edge technology to derive value. Besides, with a loyal Dogecoin community being headed by Elon Musk, more growth for the coin is expected. 

With Dogecoin's immense popularity among users and high surge in price, it has the potential to be a good investment opportunity. Well, according to experts, Dogecoin is one of the next crypto to explode in the coming years and its price could hit another all-time high.

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

How Much Does it Cost to Buy Dogecoin on eToro?

eToro has some of the lowest fees of any major crypto exchange when it comes to buying Dogecoin or any crypto assets. At eToro, you’ll pay a fee of just 1% of your total transaction when you buy DOGE or any other cryptocurrency. You’ll also pay a fee of 1% when you sell Dogecoin.

eToro doesn’t charge deposit fees on its platform. The site does charge a $5 withdrawal fee, and you’ll pay a 0.5% transaction fee when you send Bitcoin from your eToro account to your eToro Bitcoin wallet (the fee is capped at $50).

eToro Bitcoin Review

Is eToro the best place to buy Dogecoin? There are several reasons why eToro exchange stands out among the best crypto exchanges to buy crypto assets.

First, eToro has more than 70 crypto assets including the most popular cryptocurrencies, such as Bitcoin,  Ethereum, Solana, Shiba Inu, XRP, Litecoin, Tron and more. eToro makes it easy to swap between Dogecoin and any of these other coins, giving you access to the wider crypto market.

Another benefit to eToro is that the platform doesn’t charge deposit fees and there are no extra or hidden fees when you buy Dogecoin with a PayPal or credit card or debit card. 

And most importantly , eToro has a social trading network so that you can connect with other Dogecoin investors and see what they think about Dogecoin investment. Crypto investors 

Also with eToro copy trading feature, you can set aside a portion of your portfolio to copy the moves of some leading traders, including Dogecoin traders. If you want to dive into eToro Dogecoin investing but don’t know how to start, then copy trading could be for you!

Thanks to all these features, eToro is the best place to buy Dogecoin. If you enjoyed this Dogecoin eToro review, why not read our eToro vs Coinbase review to see how this leading copy trading platform fares when comparing against another popular exchange.

Crypto asset investing is highly volatile and unregulated in some EU countries and the UK. No consumer protection. Tax on profits may apply.

How to Buy Dogecoin with eToro – Conclusion

eToro makes it easy to buy Dogecoin whether you’re completely new to crypto trading  or an experienced crypto trader. The site only requires a minimum deposit of $10 to get started and charges just 1% transaction fee when you buy and sell Dogecoin. In addition, eToro has a crypto wallet that you can use to store your Dogecoin safety.

Now that you know how to Dogecoin on eToro, it’s time to get started. 

eToro – Best Place To Buy Dogecoin

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy trading is a portfolio management service, provided by eToro (Europe) Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

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