In this article, I review the best crypto exchanges and brokerages to buy Dogecoin in the US. I will dive into detail for each and will tell you the pros and cons of each. After reading this you will be able to make a better decision about where to buy your Dogecoin.
I have split my review between brokerages and crypto exchanges.
The main difference between the two is that brokerages offer fewer cryptocurrencies and don’t (usually) offer a crypto wallet to their customers. They compensate, however, by offering a wider range of financial products beyond crypto and sometimes have simpler interfaces than crypto exchanges.
Complementary to this article is my article on how to buy Dogecoin. I highly recommend you read it after you decide on which platform to go with as it contains vital knowledge you must have before buying DOGE.
The Top 13 US Platforms to Buy Dogecoin
Here is the list. Clicking on any of the links below will take you straight to the respective platform review in this guide.
- eToro US
Let’s start with brokerages.
Best Brokers to Buy Dogecoin on
#1. eToro US
eToro is one of the most innovative and user-friendly platforms for buying Dogecoin in the US. Established in 2007, this pioneer in social trading has grown to become a leading global brokerage, offering a range of digital assets, including Dogecoin.
What sets eToro apart is its unique combination of traditional trading features and social networking. The platform allows users to follow and copy the trades of experienced investors. This makes it an ideal choice for both beginners and seasoned traders. With its easy-to-navigate interface, users can efficiently track market trends, explore insightful charts, and execute trades.
- The user interface is one of the simplest I have seen. I really like the fact that they don’t need to offer a pro version because their default version does everything you need in a very intuitive and simple manner.
- If you are a rookie you can copy trade more experienced traders. This means your portfolio will automatically buy and sell Dogecoin and other assets based on what the trader you are copying is doing.
- eToro has a wallet called the eToro Money Wallet. However, it only supports 8 cryptocurrencies and you can’t send your DOGE back to the main investment app.
- Learning to use the interface takes some getting used to. It’s not scary but it did take some getting used to.
When it comes to buying Dogecoin, eToro offers competitive fees, and its transparent pricing structure ensures you won’t be caught off guard by hidden charges.
In summary, eToro’s blend of social trading and user-friendly make it a top choice for buying Dogecoin in the US.
Check out my guide on how to buy Dogecoin on eToro.
Step-by-step instructions on how to buy Dogecoin on eToro. Read more.
#2. Robinhood: A User-Friendly Platform for Trading DOGE
This is by far the most popular place to buy Dogecoin. Robinhood is the largest holder of DOGE.
Their wallet holds about a quarter of all Dogecoin in circulation.
Robinhood is especially popular with Gen-Z who are the primary buyers of Dogecoin. If you aren’t into crypto much then Robinhood is the best app to buy dogecoin.
- Very simple and user-friendly interface
- 0% commission trades. This is the core value proposition of Robinhood. They don’t charge anything but instead, make money by providing market makers with a lot of trades in return for which they get compensated.
- A good wallet. I like their wallet because it ingrates well with Robinhood so that you can manage your trades but at the same time your Dogecoin is 100% custodial. This means that if Robinhood goes bust you still own the DOGE. They can’t take it from you.
- The main drawback is that Robinhood has a limited selection of coins. If you want to trade your DOGE for any other coins there aren’t that many options.
You read my guide to buying Dogecoin on Robinhood for detailed instructions.
In this article, I will guide you through the step-by-step process of buying Dogecoin on Robinhood. I will tell you all the questions Robinhood will ask you throughout the process and what you need to do. I will also tell you all the dimensions you need to think of before buying Dogecoin on Robinhood. Read more.
These guys are relatively new to the game as they only launched in 2017.
To be honest, WeBull is pretty similar to Robinhood: they have an easy-to-use interface and you can buy anything from ETFs to stocks to crypto. The main difference between eToro and Robinhood is that Webull does not have a wallet. This means you can’t move your DOGE elsewhere.
Also, keep in mind, that on none of these platforms is your DOGE FDIC insured. So if WeBull were to go bankrupt you would be unlikely to get your Dogecoin back.
Check out instructions on how to buy Dogecoin on Webull here.
ok let’s take a look at crypto exchanges next. The thing to be aware of with all exchanges is that the addresses where your Dogecoin and other crypto are held are non-custodial which means that the exchange holds the keys to your wallet.
Best Crypto Exchanges to Buy Dogecoin in the US
Binance is one of the largest and most popular cryptocurrency exchanges in the world. It is extremely popular both within and outside the US.
The platform supports a range of crypto assets, including Dogecoin.
You can fund your account using a variety of payment methods, including credit/debit cards, bank transfers, and e-wallets.
Binance also offers users access to various trading tools and features, including spot trading and margin trading. The exchange has a range of security features, including two-factor authentication and cold storage for user funds.
The user interface is busy just because there are so many options to choose from.
However, most of the exchanges that originate in Asia have a similar layout. Once you familiarize yourself with the app you might appreciate the extra options that Binance offers.
- Liquidity: Binance.us is one of the largest cryptocurrency exchanges by trading volume, ensuring ample liquidity for buying and selling Dogecoin.
- Low fees: Binance.us offers competitive trading fees, which can result in cost savings for users, especially for larger transactions.
- Range of cryptocurrencies. Binance has a large range of cryptos to choose from. For me this was the primary reason I used them.
- Binance has come under regulatory scrutiny by the SEC. In March 2023 there was widespread fear that Binance would end up like FTX. This hasn’t been the case so far and there hasn’t been a bank run so to speak on the exchange.
- To trade with leverage you need to have at least $10,000 in your margin account.
For detailed instructions check out my guide on how to buy Dogecoin on Binance.
In this guide I walk you through the step you need to take to buy DOGE on Binance. Read more.
Coinbase is a publicly traded cryptocurrency exchange that has built a strong brand in the US.
The platform offers a wide range of cryptocurrencies for trading and investing, making it a one-stop shop for crypto enthusiasts.
The user interface is clean and intuitive, making it easy for beginners to navigate and execute trades. Coinbase also offers a mobile app for iOS and Android devices, enabling users to manage their accounts and trade on the go.
One of the major advantages of using Coinbase is its strong focus on security. The platform incorporates features such as two-factor authentication (2FA) and offline storage of a majority of user funds in cold wallets. This ensures that users’ assets are well-protected from potential cyberattacks.
In addition to trading, Coinbase also provides educational resources and a user-friendly platform called Coinbase Earn, where users can learn about various cryptocurrencies and earn rewards in the process.
However, Coinbase is not without its drawbacks. Its flat fee of 1% is comparatively higher than other exchanges. And it often gets bad reviews for its customer service.
Overall, Coinbase is a solid choice for anyone looking to enter the world of cryptocurrencies. Its user-friendly interface, robust security measures, and educational resources make it an attractive option for both beginners and experienced traders.
However, users should be prepared to pay slightly higher fees for the convenience and security that Coinbase offers.
Also note that Coinbase has a wallet but this is separate from the exchange. This means when your DOGE is on Coinbase it technically belongs to Coinbase who keeps it on your behalf. If you want to have custody of your DOGE you need to move it off the exchange and into a wallet. You could use Coinbase’s wallet or any other wallet.
You can see detailed instructions on how to buy Dogecoin on Coinbase here.
Follow simple steps to buy Doge on Coinbase. Read more.
Kraken is one of the oldest crypto exchanges.
If you are wondering where is the safest place to buy Dogecoin I would say Kraken. Founded in 2011, Kraken has a reputation for being the safest exchange.
And indeed while today all crypto apps recommend enabling two-factor authentication that wasn’t always the case.
On top of that, Kraken allows you to enable 3 different sets of two-factor authentications.
You can have one for signing in, one for funding, and one for the master key that allows you to change the setting in your account.
If you want, you can also set a global settings lock that activates if your password gets compromised. You can set it to unlock only after 30 days or for it to require a master key.
Personally, Kraken’s reputation for security is what attracted me to it and it was the first exchange I used and still use today.
Kraken vs Kraken Pro
Confusingly Kraken has two apps: one for pro users and one for novices. I have both installed on my phone and they both reflect the same portfolio.
The app for novices charges higher fees but is simpler to use. You just click on “buy”.
The Kraken Pro app has way lower fees and allows you to place more custom trades such as a stop loss or limit order.
Both apps take a few seconds to load. It is best not to switch to another app while you are waiting. Whenever I have done this in the past the Kraken app gets stuck and I have to restart my Android phone.
Another reason I use Kraken is that they offer leverage. This is one of the easiest ways to lost all your money but hey if you want it they offer it. They currently offer 5x leverage on trading DOGE/USD pair.
Leverage is when you can borrow money from the exchange to buy the coin. This can magnify both losses and profits.
For example, if you have $200 you can borrow up to $1,000 to invest in DOGE. Then if the price of DOGE drops by 20% you lose all your money. Of course if the price increases by say 10% you make $100 which is a 50% return on your original $200.
Here are my instructions on how to buy Dogecoin on Kraken.
Easy steps on funding your Kraken account and buying Dogecoin. Read more.
Did you ever watch the Social Network? Remember those twins that sued Mark Zuckerberg for stealing their idea and building Facebook?
Well, it turns out they won the court case and got in early into crypto. They use the money to start an exchange which they appropriately named Gemini.
Gemini is a leading cryptocurrency exchange that has gained a reputation for being one of the most trusted and secure platforms in the industry. Founded by the Winklevoss twins in 2014, Gemini has grown to become a popular choice for those looking to buy and sell cryptocurrencies, including Dogecoin.
One of the key features of Gemini is its commitment to security. The exchange uses a variety of measures to protect user accounts and funds, including two-factor authentication, cold storage, and regular security audits.
Gemini is also fully regulated and compliant with all relevant laws and regulations, giving users peace of mind when it comes to the safety of their assets.
In addition to its security features, Gemini offers a user-friendly app that makes it easy to buy and sell DOGE.
Gemini also offers advanced trading features, such as limit orders and stop-loss orders.
Overall, Gemini is a reliable and secure platform for buying and selling cryptocurrencies, including Dogecoin. With its user-friendly interface, mobile app, and commitment to security, it’s no wonder that Gemini has become a popular choice for traders and investors alike.
For detailed step-by-step instructions check out my guide on buying Dogecoin on Gemini.
These guys went all out in buying that domain name. They are a widely recognized brand internationally and offer their users crypto credit cards.
Crypto.com has issued its own coin and outside the US lends against users’ collateral.
Their user interface is pretty similar to Binance’s.
You can find instructions on how to buy DOGE on crypto.com here
CoinList is a leading platform in the cryptocurrency industry that has been gaining popularity among investors and traders alike. The platform is designed to help people access the latest cryptocurrency projects and purchase crypto assets with ease.
The platform has a user-friendly interface that makes it easy to navigate and buy Dogecoin. Additionally, CoinList has implemented advanced security measures to protect users’ funds and personal information.
Another advantage of using CoinList is the variety of payment methods available. Users can fund their accounts using credit/debit cards, bank transfers, and other popular payment methods. This makes it easy for users to buy Dogecoin and other cryptocurrencies without any hassle.
One of the unique features of CoinList is its ability to offer users access to new and upcoming crypto projects before they are listed on other exchanges. This means that users can get in on the ground floor of new and exciting projects, potentially earning significant returns on their investments.
Overall, CoinList is a reliable and trustworthy platform that offers a range of benefits to its users. Its user-friendly interface, advanced security measures, and wide range of payment methods make it a popular choice for buying Dogecoin and other cryptocurrencies. Additionally, its ability to offer early access to new and upcoming projects makes it an attractive option for investors looking to diversify their portfolios.
CoinOne is a popular cryptocurrency exchange from Korea that has been gaining traction among traders in the US.
The platform offers a seamless trading experience, with a wide range of cryptocurrencies available for trading, including the ever-popular Dogecoin.
One of the standout features of CoinOne is its easy-to-use interface, which makes it simple for even novice traders to navigate. The platform allows you to fund your account using wire transfers, which is a convenient option for those who prefer traditional banking methods. Once your account is verified, you can start buying and selling Dogecoin and other cryptocurrencies on the platform.
The CoinOne app is available for both iOS and Android devices and offers all the same features as the desktop version of the platform. This means you can keep track of your trades and portfolio from anywhere, at any time.
When it comes to security, CoinOne takes it very seriously. The exchange has implemented a range of measures to keep user funds safe, including two-factor authentication and cold storage for user funds. This means that even in the unlikely event of a security breach, your funds will be protected from theft.
Overall, CoinOne is an excellent choice for anyone looking to trade Dogecoin or other cryptocurrencies in Korea. With its user-friendly interface, convenient funding options, and robust security features, it’s easy to see why so many traders are flocking to this platform
MEXC is a leading global cryptocurrency exchange that has been providing users with a secure and reliable platform for buying and selling digital assets since its inception. With its user-friendly interface and powerful trading tools, MEXC has become a popular choice for both novice and experienced traders alike.
One of the standout features of MEXC is its extensive selection of digital assets. In addition to popular cryptocurrencies like Bitcoin and Ethereum, the platform also offers a wide range of altcoins and tokens, including the ever-popular Dogecoin. This means that users have access to a diverse portfolio of assets, allowing them to take advantage of a variety of investment opportunities.
I signed up with MEXC because they very often offer coins that other platforms don’t.
I hope you see by now that you are probably going to end up with more than one exchange as you enter the world of crypto.
Back to MEXC
MEXC isn’t just about buying and selling digital assets. The platform also offers a range of advanced trading tools and features that allow users to take their trading to the next level. For example, MEXC offers margin trading, which allows users to trade with leverage, increasing their potential profits (but also their potential losses). Additionally, MEXC offers staking, which allows users to earn rewards for holding certain cryptocurrencies in their MEXC wallet.
Overall, MEXC is a top choice for anyone looking to buy and sell digital assets. With its extensive selection of assets, user-friendly interface, and advanced trading tools, MEXC has everything you need to take your trading to the next level.
LBank is one of the lesser-known cryptocurrency exchanges in the US. Still, they process a sizeable volume of trades from users who are based in the US.
When it comes to funding your LBank account, the platform offers a variety of payment methods to choose from. You can fund your account using bank transfers, credit/debit cards, and a range of cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin. This makes it easy for users to deposit and withdraw funds from their LBank account.
One of the key features of LBank is its advanced trading capabilities. The platform offers users access to a range of trading tools and features, including spot trading, margin trading, and more. With its advanced charting tools and real-time market data, LBank provides traders with the tools they need to make informed trading decisions.
In addition to its trading features, LBank also offers users access to a range of educational resources. These resources include tutorials, guides, and webinars, designed to help users learn more about trading cryptocurrencies and using the LBank platform.
Overall, LBank is a top choice for anyone looking to trade cryptocurrencies. With its user-friendly interface, advanced trading features, and educational resources, LBank is the perfect platform for both novice and experienced traders alike.
Are you looking for a reliable cryptocurrency exchange that offers a range of trading options and features? Look no further than Phemex. This platform is designed to cater to the needs of both novice and experienced traders, providing a seamless trading experience that is both secure and efficient.
Phemex is known for its derivatives trading options, which allow users to trade on the price movements of various cryptocurrencies without actually owning them. This is a great way to speculate on the market and potentially earn profits, even during times of market volatility. The platform offers a range of derivatives products, including futures and options, with competitive fees and margin requirements.
Simple and Intuitive Interface
One of the standout features of Phemex is its user-friendly interface. The platform is designed to be easy to navigate, even for those who are new to trading. You can quickly and easily buy and sell crypto assets, view your trading history, and access a range of trading tools and features. Whether you prefer to trade on your desktop or mobile device, Phemex has you covered.
Multiple Payment Methods
At Phemex, you can fund your account using a variety of payment methods. This includes bank transfers, credit cards, and cryptocurrencies. The platform supports a range of popular cryptocurrencies, including Dogecoin, Bitcoin, and Ethereum. This makes it easy to get started with trading, no matter what your preferred payment method may be.
Advanced Trading Tools
For experienced traders, Phemex offers a range of advanced trading tools and features. This includes customizable charts, technical analysis indicators, and a range of order types. You can also trade on margin, allowing you to potentially earn greater profits with less capital. Additionally, Phemex offers a range of educational resources and trading guides to help you improve your trading skills and strategies.
Overall, Phemex is an excellent choice for anyone looking to trade cryptocurrencies. With its range of trading options and features, user-friendly interface, and competitive fees, it’s no wonder that this platform has become so popular among traders. Whether you’re a novice or an experienced trader, Phemex has everything you need to succeed in the world of cryptocurrency trading.
You can also see my detailed guide for buying Dogecoin on Phemex
Here are some common questions people ask about where to trade Dogecoin
- Does Fidelity have Dogecoin?
- Is Dogecoin on Cash App?
- Can you trade Dogecoin on TD Ameritrade?
- Does eTrade have Dogecoin?
- How to buy dogecoin with PayPal (hint: you can’t)
Should I buy Dogecoin?
Look, dude, this is a highly speculative and risky investment. It is popular with Gen-Z. If you are Gen-Z you are probably hearing everyone tell you that you need to get in on it. But you need to balance that emotion with the fact that a lot of other crypto enthusiasts don’t take DOGE seriously. If you are super keen to buy DOGE I suggest you read up on the main reasons people argue that Dogecoin will fail.
You know how people are always saying do your own research? Well maybe this article can help
In this post, I look into the top reasons that many crypto analysts think Dogecoin will fail. Read more.
Should I buy Dogecoin or Shiba Inu?
Shiba Inu has a much lower market cap than Dogecoin so many people argue it has higher upside potential. However, Shiba Inu does not have as strong a community as Dogecoin. Really at this stage, you are gambling when choosing between the two.
Is Dogecoin a good long-term investment?
No one really knows but to help you answer check out my Dogecoin price prediction below.
An in-depth examination of what it would take for Dogecoin to reach a dollar. Read more.
The rise of Dogecoin has been anything but conventional. But can Dogecoin reach $100? In this article, I am going to fully explore this angle and break the numbers down. Read more.