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Buy Dogecoin With PayPal

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Many people are interested to know how to buy Dogecoin. This detailed article will assist you with finding the most reliable and cost-effective methods of buying Dogecoin with PayPal through the top apps, brokers, and exchanges.

The platforms discussed in this guide have been selected based on the analysis of important factors, including but not limited to customer reviews, UI/UX, fees, exclusive features, and more. The information in this guide will help you save time by directly navigating you to the best platforms for buying Dogecoin with PayPal.

Top Dogecoin Brokers That Accept PayPal

1
eToro
Minimum Deposit
$50
Exclusive Promotion
User Score
10
More than 3,000 assets, including currencies, stocks, cryptocurrencies, ETFs, indices and commodities
Buy crypto, or trade cryptocurrencies via CFDs
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
2
Opensea
Minimum Deposit
$
Exclusive Promotion
User Score
7
The largest NFT marketplace
3
NBA Topshot
Minimum Deposit
$
Exclusive Promotion
User Score
7
Made for NBA fans
4
Rarible
Minimum Deposit
$
Exclusive Promotion
User Score
7
Aggregated NFT marketplace
5
SuperRare
Minimum Deposit
$
Exclusive Promotion
User Score
6
NFT Art Marketplace

eToro - The Overall Best Platform to Buy Dogecoin With PayPal

eToro is a top-tier social investing platform that allows you to buy a wide range of cryptocurrencies, including Dogecoin. This platform allows using popular payment methods like PayPal, among several others. We encourage you to check out our detailed eToro review to learn more about the platform.

💰 Trade Values:CFDs, Cryptocurrencies, Commodities, Stocks, Indices, ETFs
📊 Software:Website, web app, mobile app
🏆 Demo Account Available:Yes
📺 Ease of Use:Very Good
⭐ Our Rating:5.0 / 5.0
📱 App Available:iOS & Android
🧩 Regulation:CySec and FCA
💰 Fees:1% transaction fee
🔁 CFDs Available:Yes

How We Compare

In the comparison table, we include crucial information such as trade values, fees, and ease of use so if you are new to cryptocurrencies, you know which platforms are the easiest to navigate and where to go to avoid hefty transfer fees. For your peace of mind while trading, we state whether or not each crypto is regulatory-approved and by which institutions.

We even add our own overall rating of each crypto coin.

There is a lot happening in the cryptocurrency market right now, with a variety of tokens created on different platforms and a mode of operation that is very unlike that of traditional financial institutions. Both novice and experienced investors can use our comparison tables to simplify the process of identifying the right cryptocurrencies for them.

As with any investment, the decision to enter the cryptocurrency market requires thorough research. You can rely on us to provide the most up-to-date and accurate information, as we only use credible and reputable sources for our content. This puts investors in the best position to make smart crypto decisions.

Best Ways to Buy Dogecoin With PayPal

You can buy Dogecoin with PayPal using several methods. Below is the list of the most common ones, each one having its own advantages and disadvantages:

  • Dogecoin brokers

  • Dogecoin derivatives such as CFDs

  • Dogecoin exchanges

  • Dogecoin P2P services

  • Dogecoin apps

Best brokers to buy Dogecoin with PayPal

Brokers have been labeled as one of the easiest and most convenient methods for buying Dogecoin. This is helpful for beginners who want to have a smooth experience while exploring investment options in the diverse world of cryptocurrencies. A fee is charged by the broker to administer the process of selling and buying Dogecoin for the customers.

ProviderPayPal Fee (USD 1000)
🥇 eToro$0
🥈 Coinbase$0

The providers listed in the table above offer highly intuitive user interfaces, have solid reputations, and charge the lowest trading fees. Additionally, these three platforms also allow you to buy and sell a wide range of cryptocurrencies, which is a bonus if you are interested in cryptocurrencies other than Dogecoin.

eToro - it stands out because it is highly regulated by trusted organizations

The trusted organizations regulating eToro include the CySEC and FCA, hence ensuring a safe ecosystem to buy and sell Dogecoin. We also recommend eToro because it observes a flat-rate fee of 1% on cryptocurrency transactions followed by low requirements for a minimum deposit.

Furthermore, the revolutionary CopyTrader feature from eToro allows users to copy the trading patterns of other experienced traders on the platform. This is a great way for beginners to immerse themselves in cryptocurrency trading.

Notable downsides of eToro include the unavailability of direct crypto-to-crypto trading, expensive crypto-to-fiat conversion fees, and the inactivity fee.

How to buy Dogecoin on eToro with PayPal: step-by-step guide

Step 1: Open eToro
Step 2: Verify your identity
Step 3: Deposit
Step 4: Buy Dogecoin

Best CFD brokers to buy Dogecoin with PayPal

CFD brokers allow you to enter into a contract where you settle on the difference between the value of an asset like Dogecoin when the contract ends and at the time of buying.

This transaction type does not give you ownership of Dogecoin. Instead, it offers you the opportunity to profit from price movements by predicting if the cryptocurrency will go down or up over an agreed-upon timeframe.

However, In the United States, CFD trading is considered to be an illegal activity. This can be attributed to CFD's status as an over-the-counter (OTC) product. As a result, CFD trading systems are not available in the United States. The opening of a CFD account on local and international platforms is prohibited by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

Over-the-counter (OTC) products are securities that are not listed on a major exchange in the US and are instead traded through a broker-dealer network because they are usually smaller companies that do not meet the requirements for listing on a large exchange.

Best Dogecoin Exchanges to Buy Dogecoin with PayPal

Dogecoin exchanges facilitate the buying and selling of Dogecoin using altcoins and fiat currencies. These exchanges function in a similar manner to online brokerage platforms while offering you the tools for trading cryptocurrencies with minimal friction.

ExchangePayPal Fee (USD 1000)
🥇 Coinbase$0
🥈 Crypto.com$0
🥉 eToro$0

The Dogecoin exchanges listed in the table above provide the best features, have robust security, operate under strict regulations, and have easy-to-navigate user interfaces. The approachable design of the platforms means beginners should be able to learn how to use different functionalities without getting overwhelmed.

How to buy Dogecoin with PayPal on an exchange

Dogecoin is one of the most popular cryptocurrencies; despite being the first "meme coin," it is still a legitimate investment opportunity. This popularity means that many exchanges offer Dogecoin trading, so finding one should not be difficult. Some of these top exchanges include Crypto.com, Kraken, Binance, Coinbase, and more.

To start with the trading process at one of these exchanges, you'll need to create a new account and complete the KYC verification process before depositing funds with PayPal. Unfortunately, not every exchange supports PayPal deposits.

Once you have created an account, navigate to the deposit page and choose PayPal as a payment method. You may face deposit limitations regarding the accepted fiat currencies or the deposit size per transaction.

How to find Dogecoin on an exchange

Start by navigating to the trading section of the platform and search for Dogecoin using a search bar or scan the list of cryptocurrencies. DOGE is the trading symbol of Dogecoin.

Altcoins and Dogecoin

Start by buying Dogecoin by following the process outlined above and looking for the altcoin you want to buy. Now, click on the altcoin's buy button and select Dogecoin as the cryptocurrency to swap for the desired altcoin.

Additionally, you can purchase Dogecoin with other cryptocurrencies without the need to use PayPal. You can complete this process by using the search bar at your trading platform of choice and searching for Dogecoin. Click on Dogecoin's buy button and choose the cryptocurrency you wish to trade. The list of cryptocurrencies available for trading and investment varies from one exchange to another.

Can I Use Decentralized Exchanges With PayPal?

Decentralized exchanges (DEX) first appeared in 2014 and provided users with a way to trade and invest in cryptocurrencies without the involvement of an intermediary. This allows trading in the non-custodial and peer-to-peer ecosystem; hence no registration process is involved. All you have to do is connect your decentralized wallet like MetaMask to enter into a DEX and start using it for receiving/sending tokens while enjoying anonymity.

Hence, it's understandable why PayPal is not an option when dealing with decentralized exchanges. That's because interacting with a decentralized exchange requires using stored tokens on decentralized wallets. You can use PayPal to buy cryptocurrency from other platforms like Coinbase, transfer the acquired crypto into your decentralized wallet, connect the wallet to the DEX, and use the deposited crypto to trade or buy cryptocurrencies on the DEX.

Best Dogecoin P2P Platforms to Buy Dogecoin With PayPal

Dogecoin P2P platforms allow users to trade coins directly. These platforms work by allowing sellers to create posts that specify the coin's price, accepted payment method, and amount of time allowed to complete the payment.

However, we couldn't find any genuine Litecoin P2P platforms operating in the United States and accepting PayPal as the deposit method.

Crypto.com - Top Provider for Large Choice of Cryptocurrencies

Crypto.com is one of the most popular cryptocurrency exchanges in the world, offering more than 230 coins and 390+ trading pairs. In addition to an extensive list of cryptocurrencies available on this exchange, Crypto.com is also known for offering a low trading fee ranging from 0% to 0.0750%, which varies based on the 30-day spot trading volume. Interestingly, there is no minimum threshold for the trading amount, and the users have complete flexibility in this matter.

The mobile app version of Crypto.com has also garnered a competitive rating on the App Store (4.3 out of 5) and Google Play Store (4.5 stars).

The users feel confident managing their digital finances using Crypto.com mobile app and love its flawless design principles. The only drawback we found about this exchange was a slow response from the customer support team, prompting some users to plan on a self-service instead.

Best Apps to Buy Dogecoin With PayPal

A mobile app is a convenient method to buy and sell cryptocurrency while on the move. The app offers the same functionality that is provided on the desktop browser. The table below illustrates the top 3 mobile apps for using PayPal to buy Dogecoin.

ProviderOSPayPal Fee (USD 1000)
🥇 eToro AppAndroid / iOS$0
🥈 Crypto.com AppAndroid / iOS$0
🥉 Coinbase AppAndroid / iOS$0

The mobile apps listed in the table above were chosen over other options because they are known for offering a wide range of cryptocurrencies and low trading fees while operating under a strict regulatory environment. Also, the user interfaces of these applications are designed to deliver a smooth trading experience - even for users using the platform for the first time.

eToro App - top choice for user-friendliness

Users who are new to the eToro app can start trading Dogecoin on it without the need to flip through the help documentation or constantly message the support team. Most importantly, the features offered on the mobile app are identical to what is offered on the desktop version.

The 2FA (Two-Factor Authentication) from eToro help in adding an additional layer of security while logging in, withdrawing funds, or performing any other sensitive event. Additionally, a lot of deposit options are available, including but not limited to PayPal.

eToro does have some drawbacks such as long response time from the customer support team, lack of advanced order types, and limited account types, need to be resolved.

Buy Dogecoin on eToro App With PayPal: Step-By-Step Guide

Step 1: Create an account
Step 2: Verification
Step 3: Deposit money
Step 4: Buy DOGE

Buy Dogecoin directly on the PayPal app

It's not possible to buy Dogecoin directly using the PayPal app because it offers only four cryptocurrencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin.

Exchange or a Broker: What Are the Differences When Buying Dogecoin With PayPal?

Buying Dogecoin with PayPal on an exchange or broker offers a seamless experience, but you should understand the differences between them. In this section, we will take a closer look at them to help you decide on the one that suits your requirements.

Buying Dogecoin with PayPal using exchange

Deposit methods like PayPal can be used to buy Dogecoin on centralized exchanges. These platforms act as an intermediary between the buyer and seller and charge commissions to facilitate the trade. Benefits include an easy-to-use interface, compliance with regulations, insurance, and more.

Buying Dogecoin With PayPal Using a CFD Broker

Dogecoin CFD brokers enable investors to earn a profit by predicting if the price of the cryptocurrency will fall or rise over a time period specified in the contract. CFD broker transactions will not provide you with ownership of the asset - it's just a speculative transaction.

CFD trading is illegal in the US.

Is It Worth Buying Dogecoin With PayPal?

In this section, we have provided our recommendation if using PayPal to buy Dogecoin is a good choice. Overall, it's a great method, and there are several reasons for it, including availability on the top platforms, NIL deposit fee, fast transaction speed, and more. However, you are limited by the amount of Dogecoin that you can purchase in a single transaction, and the limits vary depending on the platform you are using.

Is PayPal the fastest way to buy Dogecoin?

PayPal is undoubtedly a great option if you want to get your hands on Dogecoin faster. This payment processor observes instant processing time ( reportedly 193 transactions per second) in the majority of cases. However, the customer service team may freeze the transaction for verification purposes. You can also enjoy instant Dogecoin buying with a credit card.

Is PayPal the safest way to buy Dogecoin?

PayPal has been successful in establishing itself as a trusted money transfer service; hence users can rely upon this platform for the safe purchasing of Dogecoin. Moreover, PayPal operates in accordance with the laws and regulations designed for the payment industry. Additionally, the 2-factor authentication process further safeguards the login and transaction mechanisms.

Is PayPal the cheapest way to buy Dogecoin?

Platforms like Coinbase and eToro do not charge a fee for depositing funds via PayPal, which makes it one of the cheapest options available. If you wish to buy crypto directly from PayPal, then the incurred fees can range anywhere between $0.50 and 1.8%. However, it is to be noted that Dogecoin cannot be bought directly from PayPal.

What Are the Fees When Buying Dogecoin With PayPal?

PlatformeToro BrokerCoinbaseCrypto.com
Deposit Fees$0$0$0
Purchase Fees$10$0 to $6$0 to $0.75
Holding Fees$0$0$0
Selling Fees$10$0 to $6$0 to $0.75
Payout Fees$5Upto $25 USD0.001 LTC
Inactivity Fee$10 after 12 monthsNo feeNo fee
Total Fees$35$0 to $25$0 to $1.5

Is Buying Dogecoin With PayPal Anonymous?

Buying Dogecoin with PayPal is private in the majority of scenarios, as you will discover in the following section.

Can You Buy Dogecoin With PayPal Without Verification or KYC?

Most platforms that allow you to buy Dogecoin with PayPal require KYC verification. This includes buying on exchanges, brokers, and within the PayPal app itself.

Can You Buy Dogecoin With PayPal Without Registration?

No. Registration is required to use PayPal as a method of funding your account for buying Dogecoin. Additionally, you will need to register an account on the platforms where you wish to purchase Dogecoin, such as eToro. The registration process on most platforms consumes only a few minutes before you can access your new account.

Reasons to Buy Dogecoin With PayPal

When selecting a payment method for buying Dogecoin, you will need to explore the benefits of each one to find what works best for you. PayPal is a competitive payment processor because most transactions are processed instantly, and there is no deposit fee.

Alternative Payment Options to Buy Dogecoin With USD

It's handy to have access to alternative methods of buying Dogecoin if your primary mode of payment fails. This section provides practical alternatives that offer something for everyone.

Buy Dogecoin With Debit Card, Credit Card, or Amex

Debit or credit cards are excellent methods of buying Dogecoin because they are widely available, and you likely already have one. Therefore, you do not need to register a new account with another payment processor. The top cards you can select for buying Dogecoin are PaySafeCard and Prepaid Card.

Buy Dogecoin With Bank Transfer

Most individuals have a bank account, so it's a readily available method of buying Dogecoin. Due to strict regulations, banks are a safe place to store money. A bank transfer is an easy-to-use and convenient method to fund your cryptocurrency exchange or broker account. Some of the top platforms accepting bank transfers include Coinbase and Crypto.com.

Buy Dogecoin With PaySafeCard

If you're after anonymity and don't have a bank account, then PaySafeCard is a good option for buying Dogecoin. PaySafeCard purchases attach no personal information, so you can buy cryptocurrencies without revealing your identity.

Buy Dogecoin With PayPal on Digital Wallets

You cannot directly buy cryptocurrencies from digital wallets like Apple Pay, Google Pay, and Neteller, but you can use them as the mode of deposit on platforms like Paxful and LocalCoinSwap that allow users to top-up the account using digital wallets. However, please note that Paxful and LocalCoinSwap do not allow trading or investing in Dogecoin.

What to Consider When Buying Dogecoin With PayPal

Before you can purchase Dogecoin, you need to understand the top considerations to choose the best platform and set the right expectations.

  • Safety: Think about where you will store the Dogecoin after purchasing. Figure out if you want to transfer the Dogecoin to a wallet for safekeeping or keep it on the platform.

  • Taxes: Depending on your location, you may need to pay taxes on gains earned from trading cryptocurrencies such as Dogecoin. For example, in the United States, you need to report the gains and losses on IRS FORM 8949.

  • PayPal support: to use PayPal for funding your account, make sure that it's one of the available options.

  • Amount: Think about how many Dogecoins you are comfortable buying. Overall, cryptocurrencies are more volatile than fiat currencies, so you need to set the right expectations.

  • Fees: The same transaction can have very different fee structures, depending on what platform you are using. Most platforms offering Dogecoin do not charge a fee for depositing funds with PayPal, but you might get charged for withdrawals.

How to Sell Dogecoin Using PayPal

The users cannot sell Dogecoin using PayPal because this payment processor supports the buying, selling, and storage of four cryptocurrencies only, viz. Bitcoin, Ethereum, Bitcoin Cash, and Litecoin.

Do All Platforms Accept PayPal to Buy Dogecoin?

Unfortunately, not all Dogecoin exchanges accept PayPal as the deposit method. Hence, it is important for you to confirm the available deposit options before registering a new account.

ProviderPayPal Accepted
CoinbaseYes
BinanceNo
LunoNo
WirexYes
PoloniexNo

Should I Buy Dogecoin With PayPal?

To summarize, purchasing Dogecoin with PayPal is a great choice because of the instant processing time, no deposit fees, and wide availability. PayPal is a popular fintech company; hence, the top cryptocurrency trading platforms allow using it as a deposit option.

However, you should understand that some platforms do not allow you to buy Dogecoin or any other cryptocurrency using PayPal as the deposit option. Dogecoin is also not available to buy directly from the PayPal app.

Examples of where you can buy Dogecoin with PayPal include eToro, Coinbase, and more.

Can I Buy Any Other Cryptocurrencies With PayPal?

Yes, PayPal is accepted as the deposit method in many cryptocurrency exchanges that offer 100+ cryptocurrencies to trade or invest in. You can fund your exchange account with fiat using PayPal and then use the deposited funds to acquire any cryptocurrency available on the platform.

Trading cryptocurrencies is high-risk and speculative.

FAQs

Where is the best place to buy Dogecoin with PayPal?
Does PayPal accept Dogecoin as a deposit method?
Is it illegal to buy Dogecoin with PayPal?
Can you send Dogecoin with PayPal?
Can you store Dogecoin on PayPal?
Can you buy Dogecoin with PayPal under 18?
Can you buy Dogecoin with PayPal on the blockchain?

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Amala Pillai

Amala Pillai

Amala is custom content and news editor based in London. She is a former financial journalist based in Singapore with 7 years of experience covering a range of business and financial topics. Now she focuses on crypto and macro-economics. She has also covered feature profiles, tech, business politics and ESG— she was the Environment Editor for the Solutions Newspaper, 2016 and worked in an editorial capacity at both News corp (Dow Jones) and JBN. She also has experience as a content creator, strategist and brand editor for various financial institutions and banks.