{"id":987,"date":"2021-05-13T13:50:23","date_gmt":"2021-05-13T13:50:23","guid":{"rendered":"https:\/\/insidebitcoins.com\/uk\/?page_id=987"},"modified":"2024-07-15T07:21:50","modified_gmt":"2024-07-15T07:21:50","slug":"buy-dogecoin","status":"publish","type":"page","link":"https:\/\/insidebitcoins.com\/uk\/buy-cryptocurrency\/buy-dogecoin","title":{"rendered":"How to Buy Dogecoin UK – Invest with Low Fees Today"},"content":{"rendered":"
With Elon Musk announcing his take over of Twitter is a $44bn acquisition deal, the price of Dogecoin has been pumping in mid 2022. Many investors expect it to have now found a bottom and be ready to start a new bull run.<\/p>\n
Based in the UK and looking at how to buy Dogecoin from the comfort of your home? The process shouldn’t take you more than a few minutes – as it’s just a case of opening an account with a regulated cryptocurrency broker and making a deposit with your debit card.<\/p>\n
In this guide, we walk you through the process of how to buy Dogecoin UK<\/strong> with a commission-free platform.<\/p>\n Don’t have time to read this guide and wondering how to buy Dogecoin UK right now? If so, follow the steps below to buy Dogecoin without paying any commission!<\/p>\n And that’s it – you’ve just bought Dogecoin in less than a few minutes without paying a single penny in commissions or fees!<\/p>\n Don’t invest unless you’re prepared to lose all the money you invest.<\/em><\/p>\n If you’re new to the world of digital currencies and blockchain assets – you might be in need of a more comprehensive walkthrough. If so, this section will explain how to buy Dogecoin UK in a more comprehensive manner. Once again, we are showing you the process with top-rated FCA broker<\/a> eToro.<\/p>\n As is the case with stock brokers<\/a> and other trading platforms – eToro requires you to open an account by proving some personal information. This is a minimum requirement for all online brokers that are regulated by the Financial Conduct Authority (FCA).<\/p>\n The information that you need to supply at eToro is as follows:<\/p>\n You’ll also need to choose a username and a strong password. To complete the registration process, eToro will send a unique code to your phone via SMS. Simply enter the code on-screen to verify your number.<\/p>\n Don’t invest unless you’re prepared to lose all the money you invest.<\/em><\/p>\n Another requirement for FCA-regulated cryptocurrency brokers is that all customers must have their identity verified. The process at eToro is simple – as it’s just a case of uploading a copy of your passport or driver’s license. You’ll also need to supply a copy of a bank account statement or utility bill to verify your home address.<\/p>\n Note: <\/strong>If you are depositing less<\/em> than $2,250 (about £1,600), there is no need to upload the above documents straight away. Instead, you can proceed to make a deposit and buy Dogecoin. You will, however, need to make sure you upload the documents before you request a withdrawal to avoid any delays.<\/p>\n Depositing funds into your eToro account is also simple. You can choose from a variety of UK payment methods – such as a debit card or bank account transfer. Alternatively, you might consider funding your account with an e-wallet like Paypal or Skrill.<\/p>\n The minimum deposit is $200 (about £140), albeit, you can invest from just $25 (about £17) per Dogecoin trade.<\/p>\n You should now have a funded eToro account – meaning you can now proceed with your investment. The easiest way to do this is to enter ‘Dogecoin’ into the search box and click on the ‘Trade’ button.<\/p>\n You will now see an order box – which you need to fill out to complete your Dogecoin purchase. Simply enter the amount you wish to invest (stated in US dollars), and confirm the order.<\/p>\n Your Dogecoin tokens are now stored in the eToro wallet. You can view the value of your investment in real-time by clicking on the ‘Portfolio’ button.<\/p>\n eToro is a fee-free broker, meaning you can store your Dogecoin tokens for as long as you want without being charged. The cryptocurrency markets operate 24\/7 – so you can sell your Dogecoin investment whenever you wish.<\/p>\n All you need to do is head over to your eToro portfolio and click on the ‘Sell’ button. The funds will then appear in your account – which can be withdrawn or reinvested.<\/p>\n Dogecoin is now firmly a top-10 digital currency in terms of market capitalization, meaning there are plenty of online brokers and exchanges that allow you to make a purchase.<\/p>\n As you likely know, the cryptocurrency exchange industry still has a murky reputation for scams and hacks. Therefore, it’s absolutely crucial that you perform your homework on the platform before parting with your money.<\/p>\n To save you from having to do the legwork yourself – below we discuss the best online platforms that allow you to buy Dogecoin UK.<\/p>\n It will come as no surprise to learn that eToro is the best broker to buy Dogecoin UK. This top-rated platform is super popular with newbies – as the process of registering, depositing funds, and trading can be completed with ease. eToro is a multi-asset broker – meaning that it offers lots of different financial markets.<\/p>\n On top of cryptocurrencies, this includes thousands of stock trading<\/a> markets from 17 international exchanges. You can also trade forex, indices, and commodities. In terms of buying Dogecoin, the minimum stake per trade is just $25. You won’t pay a single penny in commissions when using eToro – which is also the case when storing your Dogecoin in the broker’s in-house wallet.<\/p>\n If you are interested in buying other cryptocurrencies – eToro also supports Bitcoin, EOS, Uniswap, Litecoin, Ripple, Cardano, and more. If you have an interest in the wider digital currency markets, you might consider a managed portfolio. At eToro, this consists of a diversified basket of cryptocurrencies that is regularly rebalanced. Another passive investment tool is the Copy Trading feature. This allows you to copy the trades of another eToro investor.<\/p>\n Both of these innovative social trading tools can be accessed without paying any fees. When it comes to reputation, eToro is now home to over 20 million active traders. The platform is authorized and regulated by the FCA and covered by the FSCS. You can easily and safely fund your account with a VISA card, bank account transfer, or an e-wallet like Paypal or Skrill.<\/p>\n Pros<\/strong><\/p>\n <\/span><\/p><\/div><\/span><\/p>\n Cons<\/b><\/p>\n <\/span><\/p><\/div><\/span><\/p>\n Don’t invest unless you’re prepared to lose all the money you invest.<\/em><\/p>\n <\/p>\n Next up Binance – the world’s largest cryptocurrency exchange in terms of trading volume. This popular online platform is home to hundreds of fiat-to-crypto and crypto-to-crypto pairs – all of which can be traded at a commission of just 0.1%. This fee can be reduced even further if you hold BNB coins – which is the native digital currency backed by Binance.<\/p>\n However, we should note that if you wish to buy Dogecoin UK from Binance with a debit card, the fees increase tremendously. In fact, Binance has a standard direct-purchase fee of 1.8%. From time to time, the platform will offer a promotion where the debit card fee is reduced, so keep an eye out for this. With that said, the fee at eToro remains at 0.5% at all times.<\/p>\n Nevertheless, Binance does allow you to deposit funds via a UK bank transfer on a fee-free basis – so this is another option to consider. Once you have completed your purchase, you have several options when it comes to storage. You can either keep the DOGE tokens in your Binance account or withdraw them to a private wallet on your desktop or mobile device.<\/p>\n Pros<\/strong><\/p>\n <\/span><\/p><\/div><\/span><\/p>\n Cons<\/b><\/p>\n <\/span><\/p><\/div><\/span><\/p>\n Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.<\/em><\/p>\n <\/p>\n Brokerage fees can and will vary between brokers when buying Dogecoin online. As such, below we have outlined the main fees that you need to be aware of.<\/p>\nBest UK Exchange to Buy Dogecoin<\/h2>\n[fin_table id=”22″]\n
How to Buy Dogecoin UK in 2025 – Quick Guide<\/strong><\/h3>\n
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How to Buy Dogecoin Online – eToro Tutorial<\/strong><\/h2>\n
Step 1: Open an Account and Upload ID<\/strong><\/h3>\n
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Step 2: Upload ID<\/strong><\/h3>\n
Step 3: Deposit Funds <\/strong><\/h3>\n
Step 4: Search for Dogecoin <\/strong><\/h3>\n
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Step 5: Buy Dogecoin <\/strong><\/h3>\n
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Step 6: How to Sell Dogecoin <\/strong><\/h3>\n
Where to Buy Dogecoin UK – eToro<\/strong><\/h2>\n
1. eToro – Buy Dogecoin with 0% Commission<\/strong><\/h3>\n
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2. Binance – Top-Rated Cryptocurrency Exchange to Buy Dogecoin<\/strong><\/h3>\n
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Dogecoin Brokers Price Comparison<\/strong><\/h2>\n