How to buy Dogecoin by credit card

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Following a tweet from billionaire entrepreneur Elon Musk in December 2021, the crypto market saw a 20% surge in the DOGE/BTC pair. The price of Dogecoin has risen from $0.004 to $0.71 in just five months, making it one of the best performing digital currencies in 2021.

That’s a whopping 17,000% increase. This has piqued the interest of many traders in this cryptocurrency. Of course, we can’t deny the impact numbers like Elon Musk have on the coin. Elon Musk confirmed on Twitter in January 2022 that Tesla would accept DOGE as payment for merchandise, which would increase the value of the meme coin.

Our guide will teach you more about DOGE and how to buy Dogecoin with a credit card at the lowest possible fees. We will help you determine the best exchange rates for your DOGE purchase. Just follow our recommendations if you want to buy Dogecoin without paying commission.

The cryptocurrency exchanges listed below are the best places to buy Dogecoin with a credit card in 2022:

eToro

How to buy Dogecoin on eToro using a credit card

  • Create a free eToro account.
  • Download and verify credentials
  • Make a deposit to your account: select credit card as the payment method.
  • Buy Dogecoin

eToro is a highly regulated trading platform that requires a KYC process. You must present a copy of your identity document, which can be either your passport or your driving licence. For address verification, you will also need to submit a utility bill or bank statement.

You can also trade on the go by downloading the eToro mobile app. Many users prefer the app over the desktop version, even though both have the same functionality. The mobile app is available for Android and iOS devices.

eToro is the best platform to buy Dogecoin with a credit card because its strict regulations guarantee the security of your transactions. It has over 13 million active users and many traders prefer it due to its social trading platform and copy trading features.

These distinguish the broker from others in the industry and allow investors to have comprehensive trading experiences. On eToro, you can buy Dogecoin with a credit card and exchange crypto for fiat currencies. On the platform, you can choose from a diverse range of assets such as global exchanges and ETFs. It has a minimum investment of $25.

COINBASE

Coinbase is the most popular cryptocurrency exchange in North America, and it’s even listed on NASDAQ. Users can instantly buy Dogecoin on the platform using a credit card. Depending on the type of asset and currency, trading and transaction fees vary from 0.5 to 4.5%.

This broker has an easy to use interface that is also suitable for inexperienced cryptocurrency investors. The platform’s minimum account balance is only $2. It is well known for providing maximum security to users and their funds, as well as hosting a wide range of currency pairs. It also offers a variety of deposit options, including credit cards.

BINANCE

Binance is another option for buying Dogecoin with a credit card and a well-known exchange for large trading volumes. It has low trading fees of just 0.1% for maker and taker. The Binance platform allows new and experienced traders to purchase Dogecoin using a variety of payment methods, including credit card. Binance processes over $60 billion in cryptocurrency transactions daily.

It has over 150 crypto assets on its platform and more listings and features than other popular crypto exchanges. This facilitates margin and futures trading. Earning crypto assets through the Binance Earn program is possible, as is earning crypto assets by staking crypto funds in future Binance Launchpool platform projects.

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