Dogecoin had a slow start as a meme coin, then had a huge price rally from a few cents to almost a dollar ($0.74) at its all-time high, reaching mainstream adoption in 2021.
Despite trading sideways this year, the potential for another bull run is still high. If you are planning to buy Dogecoin with credit card to catch its next bull market, this guide is for you.
How to buy Dogecoin with Credit Card – Quick Steps
Dogecoin is among around 60 cryptocurrencies currently listed on eToro in 2022. Here are four quick steps on how to buy Dogecoin with a credit card on the exchange:
Step 1: Open an account with eToro
Visit eToro’s website and click “Sign Up” to register. As a new user, you will be asked to create a username and password. Facebook or Google account linking is also supported.
Step 2: Verify account
You will be redirected to your dashboard after signing up. Click “Verify Account” and upload proof of identification to proceed. A passport, driver’s license, and bank statement are some of the accepted documents for verification.
Step 3: Deposit
After account verification, you may now make a deposit to fund your account. Click “Deposit Funds”. Select “Debit / Credit Card” as your payment method and enter your credit card information.
Step 4: Buy DOGE
Now that your account is funded, you can buy Dogecoin on eToro. Type DOGE in the search bar, click it, and select “Trade”, and enter the order amount on the next screen before selecting “Open Trade”.
Where to buy Dogecoin with Credit Card
Where to buy Dogecoin with credit card? Several major crypto exchanges offer credit card payments as a deposit option. Below is a list of the best crypto sites we recommend:
eToro
Many retail investors are interested in buying Dogecoin, but not every crypto platform has listed DOGE and is accessible for beginners. FCA regulated platform eToro.com is user-friendly and supports the widest range of deposit methods including Paypal and credit cards.
Go for a trusted trading platform if you plan to buy crypto with a credit card. eToro is one of the first exchanges to normalize digital asset investing, offering Bitcoin back in 2013. It has played a big role in pulling cryptocurrency out of underground internet trading to being a superstar investment choice that it is today.
Beginner crypto traders find eToro very easy to navigate. Its cryptocurrency section is under a separate category from other assets, namely stocks, indices, ETFs, and commodities also offered in the exchange. If Dogecoin appeals to you out of the around 60 cryptocurrencies supported, just click DOGE, and it will show all the information you need to decide whether you will go for a buy or sell.
The “Feed” section on your dashboard features a social media-like interface to see the latest community discussion about DOGE. This is one of the strengths of eToro–its social trading features are particularly helpful for traders still finding their footing in the cryptoverse. Investors may also access Dogecoin’s real-time candlestick charting and fundamental analysis (FA) information.
For traders who want to buy Dogecoin with credit card very straightforwardly, eToro is for you. It has a clear fee mechanism, with only a 1% trading charge in every transaction. It may also charge a small amount when investors use card payment for the first time, depending on the country.
Buy Dogecoin with credit card on eToro.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Crypto.com
Another site that allows you to buy Dogecoin with credit card instantly is Crypto.com. The platform has a reputable record in terms of security and service. As of this writing, it is among the few major exchanges with no recorded cyber security breaches and hacking.
It supports various payment options, including bank transfers, debit/credit card payments, and online transfers. Investors are also given a wide array of choices, with 250+ crypto coins available for trading.
Another thing on the upside is Crypto.com’s high-interest offer for staking its native coin, CRO. Traders can earn as much as 14.5% APY for simply storing their digital assets on the platform (up to 5% per annum on Dogecoin). This is advantageous for long-term investors who plan to make passive income from their crypto portfolio.
Buy DOGE with credit card on Crypto.com.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Binance
Binance started offering card payment options way back in 2019. This means you can buy Dogecoin with credit card using this exchange anytime you like. Binance operates round the clock, with its customer service line available 24/7 to help in case there’s a credit card transfer dispute.
Its low fee mechanism attracts traders into trading in Binance. It has a capped trading fee of 0.1% for makers and takers, or 0.075% if you use Binance Coin (BNB) to pay fees, holding some of that token in your portfolio when day trading.
The platform’s most vital point is its geographic availability. It services over 140 countries worldwide and 43 US states under Binance.us. It supports 20 fiat currencies which includes GBP, EUR and USD. Dogecoin trading can be done against USDT (Tether).
Binance’s interface appeals to all types of traders with different trading styles. Beginners and advanced investors can trade over 500 coins on the platform and switch between two different trading modes, namely Classic and Advanced.
Buy DOGE with credit card on Binance.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Why buy Dogecoin with a Credit Card?
There are many reasons why you should buy Dogecoin with credit card. It is fast, secure, and convenient.
Instant Transfers
Buying crypto using a credit card is one of the fastest and simplest ways to complete a sale. When using a credit card payment, the average transfer time for most exchanges is five minutes or less.
On eToro, money is received within three minutes after initiating a transfer. This is unlike a domestic wire transfer which could take longer to complete.
Availability
Many cryptocurrency exchanges increasingly support credit cards as a payment option. Many traders still prefer the simple method of linking their credit card instead of signing up with a third-party payment app.
How to buy Dogecoin with Credit Card on eToro – Tutorial
eToro is one of the best sites to buy crypto if you plan to do so. Note that the platform accepts Mastercard, Visa, and Maestro. Below is a detailed guide on how to buy Dogecoin with credit card:
Step 1: Account Opening Using eToro
Visit the eToro website and click “Sign Up” to start your registration process. Enter a username and a password and agree on the Terms and Conditions to complete registration.
Step 2: Verify account
In your dashboard click “Verify Account”. Upload proof of identification, such as a passport, driver’s license, and bank statement, to verify your account.
Step 3: Deposit
eToro will notify you once your account has been verified. At this stage, you may now start depositing using a credit card to fund your account. Click “Deposit Funds” at the bottom left corner of your dashboard and select “Debit/Credit Card” as your payment method.
You will be asked to put some of your credit card details. This includes the name of the card owner, card number, expiry date, and three-digit CVV code found at the back of your card. Note that deposits will be credited to your account within minutes after initiating the transaction.
Step 4: Buy DOGE
You may now start buying Dogecoin by typing “DOGE” or “Dogecoin” on the search bar. Next, click the coin, input the amount you want to trade under USD denomination, and click “Open Trade” or “Set Order” to complete the order. You have now made your first Dogecoin purchase on eToro.
Buy Dogecoin with credit card on eToro.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Disclaimer:
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