Best Apps to Buy Dogecoin in 2024 – A Review
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List of best apps to buy Dogecoin:
This article explores the different apps that you can use to buy Dogecoin. You’ll learn more about what Dogecoin is and the best app to buy Dogecoin. You’ll also discover the factors to consider when deciding on what app to use when buying Dogecoin.
After reading this article, you should better understand what you need to know about buying and selling Dogecoin, the key reasons why someone might want to buy or sell it and how to go about it if this is something you want to do.
What Is the Best App to Buy Dogecoin?
There are several apps to buy Dogecoin available. These apps are reviewed below, along with their key features.
1. Coinbase
Coinbase is a popular cryptocurrency exchange platform allowing users to buy, sell and store cryptocurrencies, including Dogecoin.
Availability and Pricing:
Coinbase is available as a mobile app for both iOS and Android devices. The app is free to download and use; however, the platform charges fees for certain transactions and services, as outlined below.
Registration Process:
Download the Coinbase app
Sign up for an account by providing your email address and creating a password
Verify your email address
Set up two-factor authentication (2FA) for added security
Provide any additional identity verification information as prompted by Coinbase to comply with its ‘know your client’ (KYC) procedures
Fees:
Coinbase charges fees for buying or selling cryptocurrencies, including Dogecoin.
The specific fee structure Coinbase typically uses is a percentage-based fee known as a spread, which is added to the cryptocurrency's market price. This fee is calculated using various factors such as payment method, market conditions and order size.
The app enables investors to store their Dogecoin for free with no transfer fees when transferring between primary accounts.
Coinbase may apply additional fees for specific transactions, such as using a debit/credit card for purchases. Reviewing the Coinbase website or app for the most up-to-date fee information is recommended.
Ease of Use and Customer Service:
Coinbase is known for its user-friendly interface, making it easy for beginners to navigate and execute trades. The platform provides a straightforward and intuitive buying process for Dogecoin.
Coinbase also offers a comprehensive help centre, including a knowledge base and FAQs to help users with their queries. It also has a customer support team that can be reached via email or the Coinbase website.
2. Gemini
Gemini was established in 2014 and is a full reserve and custodian app used to buy and sell cryptocurrency, including Dogecoin.
Availability and Pricing:
Gemini provides a mobile app for iOS (Apple) and Android (Google) operating systems. The app can be downloaded for free.
While the app is free to use, Gemini applies fees for transactions, such as buying or selling cryptocurrencies, which can vary.
Registration Process:
Download the Gemini mobile app and create a new account
Provide the required information, including your email address, password, and any additional details as prompted
Complete the verification process, which may involve providing identification documents per Gemini's KYC procedures
Once the account is verified, fund the account and start buying Dogecoin or other cryptocurrencies
Fee for Buying Dogecoin:
Gemini charges fees for buying or selling cryptocurrencies on its platform. The fee structure may include a percentage-based or fixed fee per transaction.
Gemini levies a convenience fee of 0.5% above the trading price, with orders above $200 incurring a cost of 1.49%.
The app also charges fees for depositing or withdrawing funds from your account.
Ease of Use and Customer Service:
Gemini aims to provide a user-friendly experience on its mobile app.
The app offers an intuitive interface for managing your account, making transactions and monitoring market activity. Gemini also emphasises customer service and provides support channels such as email and a help centre on its website.
3. eToro
Established in 2007, eToro is a well-known, Financial Conduct Authority (FCA)-regulated social trading platform enabling users to trade in Dogecoin.
Availability and Pricing:
The eToro app is available for both iOS and Android operating systems. The app is free to download and use, but fees may apply for specific services, such as depositing funds or making trades.
Registration Process:
Download the eToro app
Click the signup button and provide the necessary information, including your name, email address, and a secure password
Complete the identity verification process, including submitting identification documents to comply with KYC regulations
Once your account is verified, deposit funds and start trading
Fee for Buying Dogecoin:
eToro applies fees to all cryptocurrency transactions, including buying Dogecoin. The fee structure can include spread fees, withdrawal fees and other applicable charges.
The specific costs may vary based on factors such as the size of the transaction and market conditions. A fee of 1% is added to the market price of any open and closing transactions.
Ease of Use and Customer Service:
eToro's app is known for its user-friendly interface. The app offers a range of features, including social trading, copy trading and various analytical tools.
eToro provides multiple support channels, such as email and live chat, to assist users with enquiries or issues.
Don’t invest in unless you’re prepared to lose all the money you invest.
4. Uphold
Uphold is an FCA-registered trading platform offering mobile functionality to users. Founded in 2014, Uphold prides itself on its transparency as a platform and 100% reserved assets.
Availability and Pricing:
Uphold is a mobile app for iOS (Apple) and Android operating systems. The app is free to download and use, but certain features or services can incur fees.
Registration Process:
Download the app and create an account
Provide your name, email address and password
Agree to the platform's terms and conditions
Complete any additional identity verification steps
Fee for Buying Dogecoin:
Uphold charges fees for buying, selling and transferring Dogecoin. The fee structure may vary based on the type of transaction and the specific cryptocurrency involved.
For example, the platform charges 0% deposit and withdrawal fees. Charges apply if users want to transfer funds off the platform.
Ease of Use and Customer Service:
Uphold is known by investors for its user-friendly interface. This makes it a good option for new users, as it is easy to navigate and perform transactions.
Uphold offers customer service support through various channels, including email and a help centre. It aims to assist users with account-related enquiries or technical issues.
5. Crypto.com
Founded in 2016, Crypto.com is one of the world's leading platforms for trading all types of cryptocurrencies, including Dogecoin. With multiple security certifications, the platform is used by 80 million users in over 90 countries.
Availability and Pricing:
The Crypto.com app is free on iOS (Apple) and Android (Google) devices.
Some features or services have associated fees. For example, trading cryptocurrencies on the platform would incur trading fees, and other premium features might require a subscription or cost.
Registration Process:
Download the Crypto.com app
Provide an email address and create a strong password for your account
Complete the verification process by providing your email and phone number
Complete a know your customer (KYC) process
Deposit funds and start buying Dogecoin
Fee for Buying Dogecoin on the App:
The fees associated with buying Dogecoin on Crypto.com include trading fees expressed as a % transaction amount and can vary based on factors like trading volume and subscription level.
Additional card processing fees are incurred if you buy Dogecoin using a credit or debit card.
App's Ease of Use and Customer Service:
The Crypto.com app was designed to be user-friendly, with an intuitive interface to facilitate easy navigation and access to various features.
The app also offers customer support channels, including email and live chat, to assist users with enquiries or issues.
What Is Dogecoin?
Dogecoin is a cryptocurrency that was created as a lighthearted and meme-inspired digital currency. It was introduced in December 2013 by software engineers Billy Markus and Jackson Palmer.
Dogecoin is based on the technology of Bitcoin, using a decentralised network and blockchain to facilitate transactions.
The cryptocurrency takes its name from the popular ‘Doge’ meme featuring a Shiba Inu dog with captions written in broken English. Its playful nature and the enthusiasm of the online community have contributed to the rise in popularity of Dogecoin.
Dogecoin differentiates itself from Bitcoin and other cryptocurrencies through its relaxed approach. Gaining a reputation for being a joke or meme coin, primarily used for tipping content creators on social media platforms.
It has also been involved in various charitable initiatives, including raising funds for the Jamaican bobsled team and sponsoring clean water projects in developing countries.
Bitcoin is based on the SHA-256 hashing algorithm, while Dogecoin initially utilised the Scrypt algorithm. Both cryptocurrencies have since adopted merged mining with Litecoin, which allows them to be mined together.
While some differences exist between Dogecoin and the more commonly known cryptocurrencies such as Bitcoin, there are some similarities.
Both cryptocurrencies operate in a decentralised manner, meaning that no central authority controls or governs their transactions. Bitcoin and Dogecoin are actively traded on various cryptocurrency exchanges and can be bought or sold for other digital assets or fiat currencies.
While Dogecoin started as a humorous project, it has gained significant attention and a dedicated following over the years. Its community-driven nature and active online presence have contributed to its widespread adoption.
Choosing the Best App to Buy Dogecoin
There are several factors to consider when choosing the best app for Dogecoin.
User-Friendly Interface for Beginners
If you are a beginner, look for an app that offers a user-friendly interface with straightforward navigation and clear instructions.
Educational Resources
Apps with educational resources, guides and tutorials can also be beneficial for learning about cryptocurrencies such as Dogecoin.
Investment Goals
Consider your investment goals and how far you are willing to take risks.
Look for an app that offers competitive fees and aligns with your investment budget. Check for any minimum or maximum deposit and withdrawal limits that might impact your trading strategy.
Compatibility and Availability
Ensure that the app is available on the platform you intend to use. Check if the app is available in your country.
Security Measures
Look for apps that implement robust security measures, such as two-factor authentication (2FA), to protect your account.
Find out if the app stores user funds in cold storage, which provides an extra layer of protection against hacking.
Customer Service and Support
Opt for an app with responsive customer support that can assist you promptly if you have any issues or questions. A good customer service team should be available through various channels, such as email, live chat or support tickets.
Reputation and Reviews
Research the app's reputation to gauge the experiences of other users. Look for feedback on ease of use, security features and overall satisfaction with the platform.
Regulatory Compliance
Check the app complies with relevant financial regulations and has the necessary licences to operate. Regulatory compliance helps ensure that the app follows industry best practices and safeguards customer interests.
Backup and Recovery
Choose an app that provides backup and recovery options for your account, such as seed phrases or recovery keys. These features can help you regain access to your funds if you lose your device or forget your login credentials.
After Finding the Best App to Buy Dogecoin
Once you buy Dogecoin, you have various options for what you can do with it. Here are some common uses.
Hold (HODL)
Some people choose to hold onto their Dogecoin as an investment, hoping that its value will increase over time. This is referred to as HODLing.
Sell for Cash
You can sell your Dogecoin to convert it back into fiat currency. Coinbase, Gemini, eToro, Uphold and Crypto.com are all apps that enable users to do this. Different apps will charge different fees for this.
Exchange for Other Cryptocurrencies
If you want to diversify your cryptocurrency portfolio or invest in other digital assets, you can exchange your Dogecoin for other cryptocurrencies like Bitcoin, Ethereum or any other supported altcoins on your chosen app.
Coinbase, Gemini, eToro, Uphold and Crypto.com are all established apps with various functionalities enabling Dogecoin exchange. Check each individual app for the fees associated with an exchange.
Use for Payments
Some merchants and online platforms accept Dogecoin as a means of payment. You can use your Dogecoin to make purchases, donate to charities or support businesses that accept Dogecoin payments.
Tip or Donate
Dogecoin has gained popularity partly due to its community-driven nature. Users often tip or donate Dogecoin to content creators, social media influencers or charitable causes as a way to support them.
Best Apps to Buy Dogecoin – Frequently Asked Questions
Who owns Dogecoin?
Dogecoin is a decentralised cryptocurrency. This means it doesn't have a single owner. It is owned and maintained by its global community of users, miners and developers who participate in its network and contribute to its development and security.
Where can I buy Dogecoin?
You can buy Dogecoin through a cryptocurrency trading app. What app sells Dogecoin? Examples of apps include Gemini, eToro, Uphold, Coinbase and Crypto.com.
What is the best app to buy Dogecoin?
There are several apps available for individuals to buy Dogecoin. The best app is the one that meets users' needs, short and long-term investment strategies, and functionality as dependent on their home location.
How much is one Dogecoin worth?
The value of one Dogecoin fluctuates with the cryptocurrency market and varies daily. For the most current value, it is recommended to check a cryptocurrency exchange platform.
How do I invest in Dogecoin (UK)?
To invest in Dogecoin in the UK, choose a cryptocurrency exchange or trading platform that supports Dogecoin. You may also want to find out what apps support Dogecoin.
Create an account by registering and completing any required verification. Deposit funds into your account using a supported payment method. Once you have funds in your account, buy Dogecoin.
How do I purchase Dogecoin with an app?
To purchase Dogecoin with an app, find out what apps support Dogecoin and consider factors such as security, ease of use and customer service availability.
Once decided, download a cryptocurrency exchange app, sign up, complete identity verification (if required) and deposit funds. Search for Dogecoin in the app's market, select the desired amount and confirm the purchase.
How high can Dogecoin go?
Various factors, including market sentiment, adoption and external events, can influence the price of Dogecoin. As with any currency, it is difficult to predict how high it can go.
In what app can I buy Dogecoin?
What app sells Dogecoin? Well, Dogecoin can be bought through various cryptocurrency trading apps. These include Uphold, Gemini, Crypto.com, eToro and Coinbase.
Is it safe to use an app to buy Dogecoin?
The safety of using an app to buy Dogecoin depends on the app's security measures, regulatory compliance and your own digital safety practices.
Choosing a reputable platform with robust security features, two-factor authentication and regulatory compliance improves safety.
What are the benefits of using an app to trade Dogecoin?
There are several benefits of using an app to trade Dogecoin. These include convenience, accessibility, real-time market data, ease of use and the ability to trade anytime and anywhere using a mobile device.
Some apps also offer features such as price alerts and notifications, making it easier to stay updated on the cryptocurrency's performance.
Can I withdraw my Dogecoin earnings from an app?
Some cryptocurrency apps allow you to withdraw your Dogecoin earnings to an external wallet or exchange for other cryptocurrencies. Check the specific app's features and withdrawal options for details on each app's functionality.
What is the best app to buy Dogecoin for beginners?
The best app to buy Dogecoin for beginners depends on the needs and investment goals of the user. When deciding on the best app to buy and sell Dogecoin, you should consider factors such as ease of use, the availability of customer service and the security of the app.
Final Thoughts
Created in 2013 by software engineers Billy Markus and Jackson Palmer, Dogecoin is a type of cryptocurrency gaining popularity due to its community-led nature.
There are several apps to buy Dogecoin available. Many of these, such as Crypto.com, Gemini, e-Toro, Uphold and Coinbase, are established apps with differing functionality and fees.
The best app to buy and sell Dogecoin depends on the individual needs of the user. Those who are new to Dogecoin should look for an app that is easy to use, secure and regulated, and has an effective customer support function.