How to buy Dogecoin with Credit Card – Beginner’s Guide

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How-to-buy-Dogecoin-with-credit-card---Beginners-Guide

Dogecoin got off to 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 remains high. If you plan to buy Dogecoin with a credit card to take advantage of 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 buy dogecoin with a credit card in the exchange:

Step 1: Open an account with eToro

Visit eToro website and click “Sign Up” to register. As a new user, you will be prompted to create a username and password. Linking Facebook or Google accounts is also supported.

Step 2: Verify account

You will be redirected to your dashboard after signing up. Click “Verify Account” and upload proof of ID to continue. Passport, driver’s license and bank statement are some of the documents accepted for verification.

Step 3: Deposit

After account verification, you can now make a deposit to fund your account. Click on “Deposit Funds”. Select “Debit/Credit Card” as the 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 on 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 a credit card? several important crypto exchanges we offer credit card payments as a deposit option. Below is a list of the best encryption sites that we recommend:

eToro

Many retail investors are interested in buying Dogecoin, but not all crypto platforms include DOGE and are accessible to beginners. FCA Regulated Platform eToro.com it’s easy to use and supports the widest range of deposit methods, including Paypal and credit cards.

Choose a reliable trading platform if you plan to buy crypto with a credit card. eToro is one of the first exchanges to normalize investment in digital assets, offering Bitcoin in 2013. It has played a significant role in bringing cryptocurrency out of the underground internet trade to become a superstar investment option that it is today.

Beginner crypto traders find eToro very easy to navigate. Its cryptocurrency section is in a separate category from other assets, namely stocks, indices, ETFs, and commodities that are also offered on the exchange. If Dogecoin appeals to you from the around 60 supported cryptocurrencies, simply click on DOGE and it will show you all the information you need to decide whether to buy or sell.

The “Feed” section on your dashboard features a social media-like interface for viewing the latest community discussion on DOGE. This is one of eToro’s strengths: its social trading features are particularly useful for traders still finding their feet in the cryptoverse. Investors can also access Dogecoin’s real-time fundamental analysis (FA) and candlestick chart information.

For traders who want to buy Dogecoin with a credit card very easily, eToro is for you. It has a clear fee mechanism, with only a 1% trading charge on each transaction. You can also charge a small amount when investors use card payment for the first time, depending on the country.

Buy Dogecoin with a credit card on eToro.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

crypto.com

Another site that allows you to buy Dogecoin with a credit card instantly is crypto.com. The platform has a respectable track record in terms of security and service. At the time of writing, it is among the few major exchanges with no recorded cyber security breaches or hacks.

Supports various payment options, including bank transfers, debit/credit card payments, and online transfers. Investors also have a wide range of options, with over 250 cryptocurrencies available to trade.

Another positive thing is Crypto.com’s high-interest offer to stake its native currency, CRO. Traders can earn up to 14.5% APY simply for storing their digital assets on the platform (up to 5% annually on Dogecoin). This is advantageous for long-term investors who plan to earn passive income from their cryptocurrency portfolio.

Buy DOGE with credit card at Crypto.com.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

Binance

Binance started offering card payment options in 2019. This means you can buy Dogecoin by credit card using this exchange anytime you want. Binance operates 24 hours a day, with its customer service line available 24/7 to assist in the event of a credit card transfer dispute.

Its low fee mechanism attracts traders to trade on Binance. It has a capped trading fee of 0.1% for creators and takers, or 0.075% if you use Binance Coin (BNB) to pay fees, keeping some of that token in your wallet during the trading day.

The most vital point of the platform is its geographical availability. It services more than 140 countries worldwide and 43 US states under Binance.us. Supports 20 fiat currencies including 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. Beginner 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.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

Why buy Dogecoin with Credit Card?

There are many reasons why you should buy Dogecoin with a credit card. It’s fast, secure and convenient.

Instant Transfers

Buying cryptocurrencies with a credit card is one of the fastest and easiest 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, the money is received within three minutes after the start of a transfer. This is different from a domestic bank transfer which could take longer to complete.

Availability

Many cryptocurrency exchanges are increasingly supporting credit cards as a payment option. Many merchants still prefer the simple method of linking their credit card over signing up with a third-party payment app.

How to buy Dogecoin with a credit card on eToro – Tutorial

eToro it is one of the best sites to buy cryptocurrencies if you are planning to do so. Please note that the platform accepts Mastercard, Visa and Maestro. Below is a detailed guide on how to buy Dogecoin with a 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 password and agree to the Terms and Conditions to complete registration.

Step 2: Verify account

In your control panel, click on “Verify account”. Upload proof of identification, such as a passport, driver’s license, and bank statement, to verify your account.

How-to-buy-Dogecoin-with-credit-card---Beginners-Guide-1

Step 3: Deposit

eToro will notify you once your account has been verified. At this stage, you can now start depositing using a credit card to fund your account. Click “Deposit Funds” in the bottom left corner of your dashboard and select “Debit/Credit Card” as your payment method.

How-to-buy-Dogecoin-with-credit-card---Beginners-Guide-2

You will be asked to enter some of your credit card details. This includes the cardholder’s name, card number, expiration date, and the three-digit CVV code found on the back of your card. Please note that deposits will be credited to your account within minutes of initiating the transaction.

Step 4: Buy DOGE

You can now start buying Dogecoin by typing “DOGE” or “Dogecoin” in the search bar. Next, click on the currency, enter the amount you wish to trade in USD denomination and click “Open Trade” or “Set Order” to complete the order. You have made your first Dogecoin purchase on eToro.

Buy Dogecoin with a credit card on eToro.

Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection.

Disclaimer:

The foregoing content is non-editorial and BCCL hereby disclaims any and all warranties, express or implied, relating thereto, and does not necessarily warrant, endorse or endorse any of the content.

Disclaimer: Content produced by CryptoPR

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