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Best Dogecoin Wallets in the UK 2023
Digital wallets allow users to exercise high levels of control over their crypto-based assets. The principles of control, ownership and the omission of centralized authorities are core reasons why blockchain technology and crypto-based assets like coins, tokens, and NFTs are so popular.
Many people decide to buy Dogecoin in the UK. The meme coin is very popular and due to the rise of crypto adoption in the UK, the number of people who decided to buy Dogecoin has also increased. But, after you buy Dogecoin in the UK, you need to find a crypto wallet to store the coins. A Dogecoin wallet is a cryptocurrency wallet that accepts DOGE (the native token of the Dogecoin Network); there are different Dogecoin wallets to choose from that all function in slightly different ways so there are a few things to consider before choosing the best Dogecoin wallet.
There are two main crypto wallet options to be aware of when it comes to buying or selling Dogecoin in the UK:
Software wallets
Hardware wallets
Software wallets are digital wallets that are stored online and hardware wallets are physical devices that store a digital wallet. There is then a range of further classifications; some are free, some will cost you money to use, some store your funds online (hot storage), and others offline (cold storage). All of the features have pros and cons so you need to make sure you choose the right Dogecoin wallet for how you want to use it.
On this page we will cover everything you could need to understand about Dogecoin wallets, how to use them, what is the best Dogecoin wallet in the UK, and the different Dogecoin wallet types available to you if you want to buy or sell cryptocurrency like Dogecoin in the UK. We will also cover some pros and cons of each crypto wallet and how you can get the best Dogecoin wallet after buying DOGE in the UK.
What Types Of Dogecoin Wallets Are There in the UK?
A digital wallet is an online application, or piece of hardware, that allows users to store funds, confirm transactions and track the history of payments you make with cryptocurrencies – whilst keeping complete control over them.
Wallets work through the use of Private keys: a long string of numbers that essentially act as a password. They act as digital signatures that confirm the identity, or address, of someone or something. Public keys are another long string of numbers that act as your personal address. Users on a network can send funds to this address and then the private keys are the signature for a user to unlock those sent funds.
Some wallets also support NFTs meaning users can send and receive NFT collectibles to one another without any need for an intermediary, using the same public and private keys that help you trade your cryptocurrencies. Some crypto wallet options will even offer DeFi features like staking and lending. This is when users earn interest on holdings by submitting them into a pool on a platform that in turn provides APY for providing it with liquidity.
Hot Wallets – Best Crypto Wallets In The UK For Beginners
A hot wallet is an online crypto wallet that always requires a connection to the internet to operate. You can perform all of the usual functions with this like sending, receiving, and storing cryptocurrency tokens, coins, and NFTs. Each crypto wallet has different features and you can also hold several different cryptocurrencies at one time. For example, you may be able to hold Shiba Inu, Litecoin, and Bitcoin all in the same crypto wallet.
Here are some examples of interfaces available with hot wallets:
Desktop & Laptop
Web (browser extension e.g. MetaMask)
Mobile wallet apps (e.g. Binance Trust Wallet)
Apps (e.g. Exodus wallet)
Native Dogecoin wallets provided by exchanges/brokerage platforms
There are also two important types of hot wallets to be aware of:
Custodial: Custodial wallets mean the third party that provides the Dogecoin wallet holds the private key. Custodial wallets are usually web-based and place the control of your private keys (used to access your digital currency) in the hands of a third party like a crypto exchange, making it harder to transact and easier to get hacked
Non-custodial: non-custodial wallets give full ownership of the private key to the owner of the Dogecoin wallet
The private keys are essentially the digital signature that allows you to receive digital currency and ownership of this gives you maximum levels of control.
Custodial cypto wallets mean your private key is more vulnerable to hacking, but a non-custodial crypto wallet carries the risk of losing your private key and being locked out of your holdings. You should decide the degree of control you want over something as important as your private key and then make an informed decision based on that.
If you ever accidentally send funds to the wrong address then you will have lost them forever. That’s why many users prefer beginner platforms – which are usually hot wallets – that deal with the technical side of things and provide an easy interface for users.
Cold Wallets – Best Crypto Wallets In The UK For More Experienced Users
Cold wallets on the other hand are completely disconnected from the internet and are therefore protected from hacking. Cold wallets are best suited for more experienced users as they can be slightly more complicated to operate; if you make a mistake with these sorts of wallets you could lose access to the crypto wallet forever.
Some of the names of these wallets are:
Paper wallet: a reference to storing your private key on a piece of paper
Hardware wallet: Hardware wallets are a physical device that stores your assets offline
Offline wallet
Having a device that isn’t connected to the internet presents some stark differences when compared to hot wallets. Assets are obviously less liquid with an offline Dogecoin wallet UK as you will need to connect it up to an interface every time you want to buy Dogecoin in the UK, sell or trade the asset. Therefore, typically, cold wallets are for storing larger amounts of money for a longer amount of time.
Always keep your private keys and seed phrases (a phrase that acts as your digital signature) safe at all times. If you lose these your assets can be in danger of being inaccessible.
Never enter your seed phrase on unknown websites as there are scammers – always be careful of the interface you are trusting as it could be a phishing site.
Top Hot & Cold Dogecoin Wallets in the UK
Best Dogecoin Wallets Overall
Here is our complete list of the best Dogecoin wallets in the UK when counting all of their features. They have been selected either for their ease of use, safety or combined.
Wallet name | Wallet Type | Price | Beginner Friendly? | Best Feature |
Coinbase Wallet | Software wallet | Free | Yes | Wide range of assets with a great interface |
eToro Money | Software wallet | Free | Yes | Beginner-friendly |
Trezor Model T | Hardware wallet | £255 | No | Unrivaled safety record |
Exodus | Software wallet | Free | Yes | Option of cloud storage |
Ledger Nano X | Hardware wallet | £136 | No | Safety |
Here’s a more in-depth look at each of these Doge wallets:
Coinbase Wallet
Coinbase offers an easy-to-use interface that is extremely beginner-friendly and interoperable with most assets on the market. Its Dogecoin wallet is offered worldwide, has great coverage, and is used by over 35,000,000 people. Coinbase is one of the most successful crypto exchange options on the market, has a publicly tradable stock, and is designed with beginners in mind.
- Great for beginners
- Good security protocols including: 2-step verification, biometric loginsAES-256 encryption.
- Offered to over 100 countries
- Trading types are somewhat limited compared with market competitors
- Coinbase has high fees for transactions
- Hot storage can be more vulnerable to attack
eToro Money Wallet
eToro has an easy-to-use interface with a simple Dogecoin wallet called Money. It has good availability for tokens and a wide range of pairs – this kind of Dogecoin wallet is great for beginners.
- Wide range of supported cryptocurrencies
- An unlosable key adds a good level of security to the platform
- Simple and beginner-friendly interface
- Unable to transfer funds from the wallet back into the eToro brokerage account
- Wallet is only available to eToro users
- Only compatible with mobile phones
Trezor Model T
The Trezor Model T is one of the most advanced and secure options available to cryptocurrency traders in the UK. This piece of hardware also goes beyond crypto-based use cases and lets users store a range of sensitive information. It has a flawless wallet security record in terms of hacking.
- Touchscreen compatible
- An unmatched security record
- Open source firmware
- Expensive
- Not beginner-friendly
- Touchscreen can have problems
If you’re looking for a more extensive list of Dogecoin wallet UK options then have a look at the section below for rankings by each type.
Best Dogecoin Wallets In The UK Reviewed By Type
Best online software Dogecoin wallets in the UK
What is the best Dogecoin wallet in the UK? Software wallets are one of the best Dogecoin wallet options for beginners after they buy Dogecoin as they are easy to use, takes away a lot of the responsibility for private keys, and are free. These are the best software wallets on the market at the moment because of how beginner-friendly they are, how accessible they are and because they are free at the point of use; they have been ranked roughly on usability and accessibility.
Wallet name | Wallet Type | Price | Beginner Friendly? | Best Feature |
Coinbase Wallet | Software wallet | Free | Yes | Beginner-friendly |
eToro Money | Software wallet | Free | Yes | Beginner-friendly |
Binance Trust Wallet | Software wallet | Free | Somewhat | Interoperable with a wide range of coins and services |
Exodus | Software wallet | Free | Yes | Option of cloud storage |
Zengo | Software wallet | Free | Yes | Biometric scanners and 3-factor authentication |
Best hardware Dogecoin wallet Options in the UK
Hardware wallets are the most secure option available to you. They will however be more complicated to set up and use, usually come at a cost and require you to connect them to the internet to use. These crypto wallet options are some of the most modern, secure, and user-friendly options on the market. They are sorted in order of which provides the best service and not value for money.
Wallet name | Wallet Type | Price | Beginner Friendly? | Best Feature |
Trezor Model T | Hardware wallet | £255 | No | Can store more than just crypto assets |
Ledger Nano X | Hardware wallet | £135 | No | Bluetooth integration |
SafePal S1 | Hardware wallet | £40 | No | Safety |
Ledger Nano S | Hardware wallet | £45 | No | Safety and value |
Trezor Model One | Hardware wallet | £46 | No | Affordability |
Best mobile app Dogecoin wallets in the UK
You can create a Dogecoin crypto wallet by installing a mobile wallet. Mobile wallet apps are the most accessible means of storing your crypto-based assets because they can be accessed from anywhere you have a connection to the internet, have a simple interface that is easy to use, and probably will be a hot wallet rather than a cold wallet – although there are exceptions. The following crypto wallet examples are ranked in order of the complete package they offer to their users.
Wallet name | Wallet Type | Price | Beginner Friendly? | Best Feature |
Coinbase | Mobile app | Free | Yes | Linked to one of the most used exchanges on the market |
Zengo | Software | Free | Yes | Biometric scanners and 3-factor authentication |
Exodus | Mobile app | Free | Yes | Option of hot and cold storage |
Mycelium | Mobile app | Free | Yes | Option of hot and cold storage |
Binance Trust Wallet | Mobile app | Free | Yes | Interoperable with the most assets, products, and services |
Best Free Dogecoin Wallets in the UK
Here are the best Dogecoin wallets in the UK that you can use for free; we have ranked them by which offers the best collective package, including usability, how beginner-friendly it is, the assets it supports, and how interoperable with the crypto space it is.
Wallet name | Wallet Type | Best Feature |
eToro | Hot wallet | Beginner-friendly |
Coinbase Wallet | Hot wallet | Great all-round package |
Zengo | Hot wallet | Biometric security features with a great app |
What To Consider When Choosing A Dogecoin Wallet?
Do Dogecoin Wallets Support NFTs In The UK?
NFTs (non-fungible tokens) are cryptographic tokens that are stored on the blockchain and cannot be copied, forged, or replaced. You will need a Dogecoin wallet to store your NFTs and there are many that support tokens like DOGE as well.
For example, Binance Smart Wallet allows you to store your NFTs in the same place as your DOGE.
Is Staking Possible With A [Coin] Wallet?
Staking refers to putting your cryptocurrency assets into certain pools on a platform that then gives you a reward for providing that network with liquidity. It is one of the more secure ways to earn a crypto income; it is slow to reward, and doesn’t offer extreme annual percentage yield rates but is likely to always payout.
It may be difficult to find a Dogecoin wallet that allows DOGE staking because it isn’t one of the biggest altcoins on the market. But you can stake DOGE with Binance and use the Binance Trust Wallet to store it.
Can I Use The Same Dogecoin Wallet For Multiple Exchanges?
Yes, some Doge wallets allow you to connect them to multiple exchanges. Any Dogecoin wallet UK can send funds to any crypto exchange as long as it is on a supported network. For example, sending Ethereum from a Dogecoin wallet to an Ethereum address on a crypto exchange will always work.
Always double-check the blockchain network you are dealing with before you send your assets.
Can I Trade On Decentralized Exchanges Using A Dogecoin Wallet?
Yes. A decentralized exchange, or DEX, is a platform that offers the same core features as its centralized counterpart (buying, selling and trading crypto assets) but instead, there is no sense of ownership or control over the exchange.
Almost all DEXs will require the use of a Dogecoin wallet.
Can I Buy Dogecoin Using A Wallet in the UK?
Some wallets allow you to buy Dogecoin directly from them. For example, the Exodus Dogecoin wallet lets you exchange crypto directly. Buy Dogecoin in the UK using a crypto wallet can be convenient, but Exodus wallet can often be much more costly to exchange assets directly with a Dogecoin wallet than with an exchange – so be sure to check and compare the fees associated with the transaction and you compare which is the best option to buy Dogecoin.
Here are the steps you have to follow:
Step 1: Find the “Exchange” Tab.
Open your Exodus wallet and find the “exchange” tab.
Step 2: Select the Asset You Wish to Exchange
Select the portfolio you would like to use, then select the asset you wish to exchange and then the asset you want to receive.
Step 3: Decide How Much of Your Crypto Assets You Want to Exchange
Choose how much of your crypto assets you want to exchange in your swap; there are a few different ways you can do this with Exodus, so be careful to put in the correct amount.
Step 4: Check the Transaction’s Fees
Finally, check the fees that you are going to pay for that transaction and when you are happy with them click “exchange”.
Step 5: Your Wallet Will Have the New Crypto
Find your new crypto in your wallet.
Do I Have To Pay Tax on Dogecoin Stored in My Dogecoin Wallet in the UK?
No. You do not have to pay any tax just for storing your DOGE. However, you will need to pay tax on any earnings you make via staking or selling your DOGE for a higher price. So trading crypto assets for profit is a taxable action.
To find out what tax you need to paycheck out our complete guide here.
How to Set Up a Dogecoin Wallet UK
If you have gone through the process and you know how to buy Dogecoin, here’s how to set up an account with the eToro Money Wallet to store the coins.
Step 1: Head to the eToro Website/app
Go to the eToro website or download the app.
Step 2: Create an Account and Verify It
Create an account – you will need to provide personal information like proof of address, proof of identity, etc.
Step 3: You Now Have Access to the eToro Money Wallet
Once you have opened your account you will now have access to the eToro money wallet – you can use your normal login credentials to gain access.
How Do You Cash Out And Spend Dogecoin in the UK From A Dogecoin Wallet?
Step 1: Open Your Wallet
First, open your wallet and find the transfer or withdraw button. Where you will find this will vary depending on what wallet you use.
Step 2: Choose the Amount You Wish to Withdraw
You will then need to select the type of cryptocurrency you wish to withdraw, in this case, LTC, and choose the amount you wish to withdraw.
Step 3: Confirm the Transaction
Choose which external party you want to withdraw to (e.g. bank account, Paypal) and click confirm the transaction.
Step 4: Give it Some Time
Wait for your funds to transfer.
Top Tips For Dogecoin Wallet Users
Never enter your seed phrase on a website as it could be a scam or phishing site.
Double and triple check Dogecoin wallet addresses before making a transaction; incorrect addresses may lead to you losing your funds forever.
Make a copy of your seed phrase or private key and keep it safe in case you forget your password; the best way to do this would be to write it down and put it in a safe place, or store it safely in a cold storage or hardware device.
Crypto customer service staff will never ask for your seed phrases; if someone does they are probably a scammer.
Always check exchange fees when buying assets directly from a Dogecoin wallet.
Be vigilant of the reputation a Dogecoin wallet has. UK Dogecoin wallets are usually popular if they provide a good and secure service.
FAQs
What is the best Dogecoin wallet provider in the UK?
It depends on what you want it for. But overall, the Coinbase Wallet offers a great all-around package for UK users.
Is buying Dogecoin legal in the UK?
Yes, buying DOGE is legal in the UK.
Is it safe to put your Dogecoin wallet address for crypto giveaways?
Yes – as long as it is just your address and not your private key.
Do I need a wallet for Dogecoin faucets?
Yes. You will need a supported wallet depending on the network in question.
Do you need a wallet for Dogecoin betting in the UK?
Yes. You will need a Dogecoin wallet to execute and store your transactions.
What are the best wallets for ICOs?
An Ethereum-supported wallet is probably the best for ICOs because so many of them are ERC-20 tokens (Ethereum’s blockchain-based assets).
What are the best multi-currency wallets in the UK?
Most wallets are multi-currency wallets. Some of the best include Coinbase Wallet, Binance Trust Wallet, Ledger Nano X, and Trezor Model T.
What is the best personal Dogecoin wallet?
That depends on what you prefer. Some wallets will be built with ease of use in mind whereas others may be more technical – it’s really up to you.
Which type of Dogecoin wallet is the most popular in the UK?
The Coinbase Wallet and eToro Money Wallet are the most popular in the UK.
What is the difference between a Dogecoin wallet and an exchange?
Although these two things can be quite similar in terms of their functions a wallet is predominantly just to store crypto assets and an exchange is an arena to trade them. Also, your wallet gives you an increased degree of ownership and control.