How to trade Dogecoin on crypto exchanges
There are several possible sites for trading Dogecoin. All of them are registered in official member countries of the European Union and therefore fully covered under EU regulations. Nethertheless, you are fully responsible for your actions while trading cryptos on that exchanges and they won’t be responsible for any losses resulting from your errors and faults. Be very aware of that, especially when transfering your funds from different wallets!
Binance.com from Malta
We recommend Binance.com (referral link included) from Malta for Dogecoin trading.
They offer a learning platform on how to buy Dogecoin (How to buy Dogecoin NOW) and many other crypto currencies. You can buy and sell Dogecoin on your mobile, your Iphone and on your desktop. They also offer an option to store your coins “You can store your DOGE safely on your Binance account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.”
While their trading platform looks rather confusing at first and is rather made for expert traders, you can certainly just use it to buy and sell conveniently. Make sure that you have a look at the tutorials on how to trade and make sure that you always KNOW what you are doing. Be aware that you are fully responsible for your trades and subsequent wins and losses.
They also offer a good app, which makes trading as easy as 1,2,3. Just login with your fingerprint on your mobile phone and buy, sell and trade your Dogecoin or mosts other crypto coins available on the market. In their summary you can always see all your cryptos in your portfolio and your total net worth.
Make sure to check out their debit credit card system. Right after opening your account and validating your details you are able to order a VISA card totally for free. Better, you can pay with your crypto funds directly from your credit card. Binance is selling the amount of crypto needed for your $ or € transaction right from your account when you are using your credit card. (Of course you would not want to sell your Doge like that because you are supposedly HODLING them but you could use any other crypto or stock for that card). It is also possible to just put it to Euro or Dollar and just deduct funds in that currency.
You can also invest in the most popular stocks and ETFs, even trading with precious metals like gold is possible.
Binance also gives you full access to your Doge wallet. You can easily buy and transfer Dogecoin to any person in the world (with a wallet of course).
Bitpanda from Austria
They offer a lot of crypto currencies, including Dogecoin and even precious metals like Gold. The Bitpanda (referral link included) registration process includes identifying yourself with ID and a mobile phone video identification. You also need to deposit at least 25 Euros for verification purposes. No worries, you can transfer it back right after verification. It takes some days to do that, a little longer than at Binance at which you are almost ready to go instantly. If you also want a credit card, you need to deposit at least 100 Euro with your first deposit, also, you can transfer that back after you ordered your VISA debit credit card, or better use it to buy your first Dogecoin.
Their app is also very good, easy installation and always a full summary of your funds. Bitpanda does have a little less choices to choose from when trading but you are still very good to go. Especially they offer nice rates for Dogecoin.
Go check them out. We recommend those guys!
Litebit.eu from the Netherlands
If you are in Europe, we recommend Litebit.eu (referral link included) from the Netherlands for Dogecoin trading.
Please note, that Litebit is showing different rates for buying and selling because the buying price already includes their fee and so does the selling price. The average rate between the buying and selling price is the actual rate, so not to be confused when trading with them. All of their prices are in Euro, but the service is absolutely free to use. Be aware that there are strict regulations on cryptos in Europe, so you will have to provide ID, adresses, bank details and also make a registering money transfer (very low amount) to proof your ownership of bank accounts. Altogether, it could take as long as 1 week until you are ready to go. But once you are set up, it is very convenient. You can also download the app, which allows you to buy and sell more than 50 different crypto coins, including Dogecoin, at competitive rates. With their service come wallets for all your cryptos so you can just start sending and receiving cryptos from your Litebit account browser and app. You will have your very own wallet adress.
You can easily add funds to your Litebit.eu account with:
iDEAL is a payment method that is widely used in the Netherlands. iDEAL can be used to pay for orders and link bank accounts. Payments with iDEAL are processed almost immediately.
Bancontact is a payment method that is widely used in Belgium. Bancontact can be used to pay for orders and to link bank accounts. Payments with Bancontact are processed almost immediately.
Mobile 2 app
Are you paying with a Mobile 2 app? The order will unfortunately be delayed. This app does not process data such as name and bank account number. That is why this transaction cannot be linked to your bank account. We therefore advise you not to use the Mobile 2 app.
GiroPay/Sofort are payment methods that are widely used in German-speaking countries. Because we have a Dutch bank account, a GiroPay/Sofort transaction to the Netherlands takes a maximum of three working days. We will immediately process orders with a total up to EUR 1,000 in open payments. You will receive the crypto and we will receive payment later. If you go above this limit of EUR 1000 in open payments, the orders are completed when the payment is received.
SEPA bank transfer
SEPA bank transfer can be used in all SEPA countries. With this payment method, it can take up to three working days before we receive payment.
Do not forget to include the unique payment reference with your transaction. Please note: we will not purchase the ordered crypto until we have received the payment. The ordered crypto will be purchased at a different rate than the one for which you confirmed it.
Do you want to be able to trade directly via SEPA bank transfer? We recommend you purchase LiteBit credits first. These credits can be used to make direct purchases on LiteBit.
Credit card payments are possible with a Visa or Mastercard that is linked to a bank account. A credit card must be secured with 3DS and there is a limit of 1000 euros per payment. It is not possible to pay by prepaid credit card.
eToro from Cyprus
They don’t offer Dogecoin and their minimum deposit to start trading is $200. This is probably too much for many first-time investors.