Key Takeaways
- You can buy Dogecoin with PayPal on cryptocurrency exchanges that support this payment method. The recommended platforms are eToro, Binance, Coinbase, Crypto.com, and Bitstamp. However, you cannot buy DOGE directly through the PayPal interface.
Ever wondered how to get your hands on Dogecoin using PayPal? It’s time to unlock these secrets!
With over a decade in crypto, navigating the fun challenge of buying and selling DOGE inspired us to create this guide. Join us as we guide you step-by-step on how to buy Dogecoin with Paypal on the top crypto exchanges.
How to Buy Dogecoin With PayPal on a Crypto Exchange?
To buy DOGE with PayPal, you must first pick an exchange, fund your account, and place your buy order.
Step 1: Choose Your Exchange and Sign Up
The first step is to find your perfect cryptocurrency exchange. When comparing options, look at supported coins, payment methods, and other features that matter to you.
Later on, we’ll share our top picks that should give you a good starting point.
After you find the right fit, sign up on the chosen platform. Provide your details, such as name and address, and go through the verification steps.
Step 2: Add Some Funds
You can fund your exchange account with fiat money from the [Deposit] or similar menu. Enter the sum you want to add and select PayPal as a payment method. Confirm your payment by clicking the [Deposit] or a similar button.
Step 3: Buy Your Dogecoin
Search for Dogecoin on the exchange’s interface. Often, you can see it listed on the home page. Otherwise, you can use the search bar.
Click on the Dogecoin logo to review its price. Does it look good for you? If yes, go for a market order to buy DOGE tokens immediately. Or, you can set a limit order to buy Dogecoin when it hits a specific price.
Now, type in the amount of DOGE you want and click [Trade] or [Buy]. The buttons’ names and menus might differ, but you’ll catch on quickly.
What Are the Best Exchanges to Buy Dogecoin With PayPal?
The best platforms to buy Dogecoin with PayPal are eToro, Binance, Coinbase, Crypto.com, and Bitstamp. We’ve tested a bunch of exchanges to come up with this list.
How did we pick the top ones? We didn’t limit our research to Dogecoin and PayPal acceptance only. To enhance your experience, we delved deeper into the platform’s fees, security, user-friendliness, and reputation.
eToro
When buying Dogecoin with PayPal, eToro is the way to go. It’s a trading platform in over 140 countries, and 30 million users trust it. Beyond digital currencies, eToro enables you to trade stocks and exchange-traded funds (ETFs). You’ll find social features such as coin-specific news feeds and chat on this platform.
Here’s why eToro is awesome:
- It follows the regulations set by ASIC, CySEC, FCA, FINRA, and FinCEN.
- Your money is safe because it is stored in reliable banks.
- With the CopyTrader feature, you can follow the moves of trading pros.
- Stock trading is commission-free.
- You can use it on the go with your iOS or Android device.
Drawbacks include:
- Charges a 1% commission on crypto trades.
- Only available in some US states.
- Minimum deposit requirements are $50 in Europe and $10 in the US.
More details
eToro is a popular online trading platform for crypto assets, stocks, and ETFs, featuring low fees and a user-friendly interface. With a free eToro wallet and social features like messaging boards, users can copy experienced traders and access numerous assets. Take a look at what makes this platform perfect for starting your trading journey.
-
Provides an attractive, communal atmosphere.
-
Offers zero commission on ETFs.
-
Extensive selection of educational resources.
-
Mobile app with trading features.
-
Smooth account opening and bank transfer.
-
Limited number of cryptocurrencies.
-
Limited customer support.
-
No crypto-to-crypto trading pairs.
Binance
Binance is another option for getting your hands on Dogecoin and other cryptos. To diversify your portfolio, look beyond Binance, as it covers over 350 crypto tokens. The platform provides various trading instruments, including real-time charts and technical analysis tools. Furthermore, it offers peer-to-peer trading.
Pros of Binance:
- It gives you plenty of options to choose from.
- There are lots of money-making opportunities here – mining, staking, loaning, and more.
- It’s accessible to a global audience, with over 140 countries covered.
- Low trading fees give it an edge over its competitors.
The drawbacks:
- The US version is not as rich in features as the global one.
- It’s best for savvy folks already familiar with crypto trading.
More details
Binance is a great combination of low fees, deep liquidity and multiple cryptocurrencies and trading pairs. We have tested every aspect of it and it STILL holds its reign as the top exchange in the world. In our view, it is the perfect crypto exchange for both newbies and advanced traders alike.
-
Biggest exchange in the world.
-
Industry's lowest trading fees.
-
Advance trading options like leverage trading.
-
600+ crypto options, 150+ for the US.
-
Lucrative on-site staking options.
-
Hiccups in account verification.
-
Less regulated than some competitors.
-
The corporate structure is not transparently.
Coinbase
Moving on to Coinbase, a trusted choice of 98 million crypto enthusiasts. Initially launched for Bitcoin transacting, it now handles over 200 tokens and altcoins. The platform’s offerings include an exchange to buy and sell cryptocurrencies, crypto wallets, and staking services. Coinbase’s trading solutions cater to diverse audiences – newbies, experienced traders, and institutional investors.
Pros of Coinbase:
- Simple user interface with no navigation challenges.
- Buying or trading with Advanced Trade.
- Stores most of your funds offline without worrying about malicious attacks.
Cons:
- Fees can be hefty for smaller transactions.
- Some folks complained about customer service.
More details
Coinbase is one of the largest crypto exchanges in the world and a widely-used platform for buying, selling, and trading over 200 cryptocurrencies. It offers trading solutions for beginner, advanced, and institutional traders alike. Take a look at what makes it an excellent option for individual traders looking to trade in cryptocurrencies and beyond.
-
A wide-selection of coin offerings.
-
Most secure online crypto platforms.
-
Top-rated mobile app.
-
Easy interface and user-friendly.
-
Expensive and complex fee structure for beginners
-
Higher fees as compared to other cryptocurrency exchanges.
-
Slow customer support.
Crypto.com
Crypto.com is another destination to find all sorts of cryptocurrencies, DOGE included. You can use it on the desktop or mobile while commuting. Crypto.com hosts 250 coins and functions as a marketplace for NFTs as well. CER.live, a reputable ranking site, recognized Crypto.com as one of the most secure exchanges.
Here’s the good stuff:
- Top-notch security for your crypto assets.
- You can earn up to 14.5% in staking rewards.
- A 0.4% PayPal fee is probably your sweetest dream!
But, here’s what you need to know:
- Some of the platform’s services aren’t available to Americans.
- Pay with a credit or debit card? Be ready for hefty fees.
- Customer support is limited to text chat only.
More details
Crypto.com offers a straightforward approach to cryptocurrency trading. Opening an account with crypto.com is quick and easy. It includes state-of-the-art safety measures that make it safe for users to buy and sell crypto quickly. This crypto exchange is highly recommended for anyone looking to securely trade large amounts of cryptocurrency!
-
250+ cryptocurrencies to choose from.
-
Firm and unparalleled security to users.
-
Earn interest in crypto.
-
Top-rated mobile app.
-
Low fees on trading and trading fee discounts.
-
Slow identity verification.
-
Customer service could respond faster.
-
Lack of educational resources for new users.
Bitstamp
Last but not least, we have Bitstamp, one of the oldest exchanges that accept PayPal. Here, you’ll find many trading options and over 82 crypto coins, and it works in about 100 countries. You can also capitalize on crypto lending. For both newbies and pros in Dogecoin trading, using Bitstamp is a breeze.
Where Bitsamp stands out:
- Based on your trading volumes, your fees can go as low as 0.40%.
- Tradeview, an embedded trading platform, comes packed with detailed charts and tools.
- The support is available by both email and phone
- Your crypto assets are kept secure in cold storage.
Things to consider:
- It doesn’t work in some regions.
- Some popular cryptos like Ripple aren’t available in the U.S.
- Bitstamp faced a security breach a few years ago, so it’s something to be aware of.
More details
Bitstamp, with its user-friendly interface and reasonable fees, offers a good start for beginners despite a limited choice of 80+ cryptocurrencies. Though seasoned users might seek more coin diversity, Bitstamp does provide advanced order types. Moreover, it supports debit and credit card transactions in fiat currencies like USD, GBP, and EUR.
-
Easy-to-use platform for beginners and pros.
-
Competitive fees compared to other crypto exchanges.
-
Long history of supporting cryptocurrency users.
-
Earn rewards with crypto staking
-
Limited list of supported currencies.
-
KYC for fiat currency, deposits, and withdrawals.
-
No margin trading or lending features.
-
2015 hack resulted in the loss of $5.2 million
How to Buy Dogecoin With PayPal on eToro?
Ready to turn knowledge into action? Below, we’ll show how to buy Dogecoin with PayPal on the eToro platform.
Step 1: Sign Up for eToro
Head over to the eToro website and hit the [Join eToro] button.
Once you do, you’ll see the sign-up form pop up. Provide your email, username, and password. Accept the terms and click [Create Account].
Step 2: Complete Verification
Upon successful sign-up, you’ll get an email with the verification link. Follow this link to activate your account.
Then, complete your profile with additional information. Share your full name, gender, and date of birth.
Be ready to submit a photo ID if the system prompts you.
Step 3: Fund Your Account
Next, top up your account. Sign in and click the [Deposit Funds] button from your dashboard.
On the deposit page, type in the deposit amount and choose PayPal as a payment method. Click [Continue] to proceed with payment. The system will redirect you to your PayPal account, where you’ll confirm the deposit.
Step 4: Buy Dogecoin
Want to set the price you like for buying DOGE in the future? Then switch to [Order] instead of [Trade].
Ready to purchase Dogecoin now? Enter the amount you want and click on [Open Trade]. Easy as that!
Does PayPal Support Dogecoin in the App?
As of now, you can’t buy Dogecoin through the PayPal app. PayPal supports a few cryptocurrencies like PayPal USD, Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. These crypto coins are available to UK and US residents only.
You must go through crypto exchanges or other intermediaries to buy Dogecoin with PayPal. On these crypto platforms, you deposit fiat money from your PayPal account and then purchase Dogecoin.
Why Buy Dogecoin With PayPal?
Speedy Transactions
PayPal stands out with rapid deposits and withdrawals, outpacing traditional methods like bank transfers. Buying Dogecoin through an exchange is easy with PayPal. Just link the accounts and deposit funds into your wallet with PayPal instantly. Select Dogecoin, place your buy order, and that’s it!
Selling Dogecoin? PayPal will get your money to you quicker than any other payment method. On eToro, you can get a PayPal cash out in just two business days. That’s way faster than the 10-day wait with conventional methods.
Usability
PayPal is all about an intuitive interface. Even if you’re not tech-savvy, you’ll quickly get the hang of it.
Signing up and connecting your money source (a bank account or a payment card) will take a couple of clicks. When it’s time to buy something, select PayPal at checkout and enter your password. Easy as pie!
Enhanced Security
Security is a top priority for PayPal. It watches over all transfers to spot and prevent possible fraud.
For added security, you can enable two-factor authentication. If anything fishy happens, you’ll be the first to know with email alerts.
Pocket-Friendly Fees
If you’re looking to save on fees, PayPal has your back. Sending or receiving funds won’t cost you a dime.
But watch out for exchange fees. Some platforms charge for using PayPal.
For example, buying DOGE with PayPal on Coinbase comes with a 3.99% fee. On the bright side, eToro offers fee-free PayPal deposits.
Smooth Mobile Experience
PayPal’s mobile app simplifies money management. Send or receive funds and track your balance wherever you go. All you need for transfers is a recipient’s phone number or email.
The app is free on both the App Store and Google Play.
How to Register a PayPal Account?
Step 1: Go to the PayPal website
Once you land on the PayPal site, click [Sign Up] in the top right corner.
On the next screen, choose the PayPal account type that fits you best – either Personal or Business.
Step 2: Select Your Country
Next, select your place of residence – that is, the country you live in.
Step 3: Provide Your Email and Phone
Enter your contact email and phone number.
Be ready to confirm your phone number. Once you receive a text message with the code, enter it into the confirmation field. Then, hit the [Next] button.
Step 4: Complete Your Profile
Now it’s time to complete your PayPal profile. Share your email and full name and set up a password. Your password should be memorable since you’ll need it for future logins.
Already have a business PayPal account? For a personal account, you’ll need a different email and funding source (e.g. a credit card or bank account).
Done with this step? Click [Next] to continue.
Step 5: Specify Your ID Details
Tell PayPal more about yourself by sharing your date of birth and address. Enter this data exactly as it appears on your passport or national ID.
Next, read through the T&Cs and accept them if you agree. Press [Agree and Create Account] to proceed.
Step 6: Link Your Payment Card
Moving on to adding a funding method to your PayPal account. Enter your credit or debit card details to connect it to your account. Once done, click [Link Card].
Still unsure? Don’t worry – your sensitive information is safe from malicious attacks. As we mentioned earlier, PayPal watches transactions day and night to stop any fraud or phishing.
Step 7: Confirm Your Email
To wrap things up, you need to verify your email. Click [Send Email], and PayPal will shoot you a confirmation link in your inbox.
This step is key for getting the most out of PayPal. With each payment, you’ll get email alerts to stay on top of your spending and keep things safe.
How to Buy Dogecoin With PayPal Safely?
Now that you know how to buy Dogecoin with PayPal, it’s time for some safety tips:
- Do Your Research: Before you dive in, get to know the crypto scene and Dogecoin itself. Check out what makes it unique and look at its price charts. Give Our DOGE price prediction tool a try to get a scoop into its prospects.
- Use Safe Connection: Opt for secure networks and steer clear of public Wi-Fi when buying crypto. For extra security, turn on a VPN or proxy.
- Pick a Reliable Exchange: Ensure you buy your DOGE from a trusted exchange. Explore its track record, reputation, and T&Cs. Find out how they handle unexpected situations like security breaches.
- Protect Your Account: Don’t forget about strong passwords that are hard to guess and 2-factor authentication. Keep your private keys away from prying eyes.
- Store Your Crypto Securely: Pay attention to how the exchange stores your coins. Players like eToro, Coinbase, and Bitstamp use cold storage methods. You can hold your acquired crypto in the exchange wallet. Or, you can move your funds to an external wallet that supports Dogecoin deposits. If you’ve got a bunch of crypto, consider keeping some in a cold crypto wallet.
- Invest Within Your Means: The crypto market can be pretty wild, and losses may happen. Don’t spend more on crypto than you can afford to lose. Don’t put in money reserved for bills or groceries.
- Track Your Investments: After buying your coins, see how DOGE is doing and what the community says about it. With the newest info, you’ll be more confident about holding onto your assets or cashing out.
What Is Dogecoin?
Origins
Dogecoin is a digital currency inspired by the “Doge” Internet meme. It’s famous for a Shiba Inu dog featured on the logo.
Dogecoin started as a joke but quickly became a real thing. In 2014, it reached a market cap of $60 million. At the time of writing, its market cap exceeds $13 billion.
Standout Features
What’s so special about Dogecoin? Unlike Bitcoin, it uses Scrypt technology, which makes transactions super speedy. Imagine sending Dogecoin to your friend in just 1 minute!
Plus, there’s no limit to how much DOGE can be out there – the supply is unlimited.
Use Cases
People use Dogecoin for all sorts of things. It’s famous for tipping on sites like Reddit and Twitter. When you like someone’s post, you can thank them for some Dogecoin.
The community around Dogecoin is really into charity. These folks organize fundraisers for different causes, using DOGE to help out.
Sites like eToro, Binance, Coinbase, Crypto.com, and Bitstamp are all aboard with PayPal. Other platforms are KuCoin, Huobi, Paxful, and OLX. Just so you know, the exchanges we’ve reviewed offer the best conditions for investors and traders.
PayPal itself doesn’t impose transaction fees. But, cryptocurrency exchanges might charge you for PayPal payments. Read through the terms and conditions to know what you’re getting into.
You can’t use PayPal to buy Dogecoin on decentralized exchanges. Dexes are all about crypto-to-crypto exchange, so PayPal isn’t in the mix.
Absolutely! On exchanges, you can pay for any of the supported cryptos with PayPal. The PayPal app supports 5 cryptos: PayPal USD, Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.
Crypto exchanges support a bunch of payment methods like credit cards, bank transfers, and payment vouchers. Plus, you can swap another crypto for DOGE if you have any.
Suchet D. Salvesen
Key Takeaways You can buy Dogecoin with PayPal on cryptocurrency exchanges that support this payment method. The recommended platforms are eToro, Binance, Coinbase, Crypto.com, and Bitstamp. However, you cannot buy DOGE directly through the PayPal interface. Ever wondered how to get your hands on Dogecoin using PayPal? It’s time to unlock these secrets! With over a decade in crypto, navigating the fun challenge of buying and selling DOGE inspired us to create this guide. Join us as we guide you...
