Buying Dogecoin in the UK is now easier than ever with more trustworthy European based and international options.
In this article, we will detail how you can purchase Dogecoin (DOGE) and other cryptocurrencies from anywhere in the UK.
Things to Consider Before Buying Dogecoin in the UK
Before getting started, there are a few things to consider when you plan on buying Dogecoin in the UK. These are important in helping you both choose the correct time, and the correct service to make your Dogecoin purchase.
Market Position: This is a huge factor of course when you invest in any asset. Perhaps, even more, the case when you are buying Dogecoin. It is subject to more pronounced price movements than investing in stocks for example. In that case, you want to be fully aware of the market price at the time you are buying.
Trading Fees or Limits: These can vary from extremely competitive to very high depending on the service you choose to buy your Dogecoin through. Always be sure to check for all fees and charges before making a purchase.
Service Reputation: While all of the services we have chosen are some of the most trustworthy around, you should be aware that not every Dogecoin sales platform is as reputable. You can reduce your risk by making sure you perform your own due diligence.
Top Places to Buy Dogecoin (DOGE) & Crypto in the UK
Binance
Binance is one of the largest and most well-known cryptocurrency exchanges in the world. As a British trader, you can also use Binance to purchase Dogecoin. There are slight differences when it comes to using exchanges like Binance instead of purchasing your Dogecoin directly as you can through the other services mentioned.
The main key differences are that in purchasing from Binance you can also buy from other traders in the market through the exchange. This can mean great value for you in terms of price and costs. Binance charges between 1% and 3.5% for direct Dogecoin purchases using your credit, debit card, or bank transfer, though if you want to buy Dogecoin using another crypto the fee can be as low as 0.1% from other traders on the exchange.
The process of getting started is also just as convenient. All you need to do is register with Binance and complete the KYC checks they have in place. For direct Dogecoin purchases, they partner with Simplex as a payment provider that also ensures your transactions remain safe and secure. It should take no more than a few minutes to complete your Dogecoin purchase with Binance.
They also offer over 100 of the most popular cryptocurrencies, if you want to buy altcoins including Binance (BNB), this is a great option.
BitPanda
Launched in 2014 quickly established a positive name and reputation for being a great place to easily buy and sell bitcoin and Dogecoin in the UK. Since that time they have built on their stellar reputation to expand rapidly to where they now offer trading in a broad range of cryptocurrencies alongside the ability to purchase precious metals and a host of other services.
In total, they offer close to 50 cryptocurrencies you can choose from. This positions them well within the sector particularly among those brokers that facilitate an instant DOGE purchase.
At BitPanda you will also find: Cardano (ADA), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Waves (WAVES), Dai (DAI), Nano (NANO), Stellar Lumens (XLM), Tron (TRX), Chainlink (link), Bittorent (BTT) and 50+ other popular cryptocurrencies.
KuCoin
KuCoin is a well-known name in the industry, and one of the most competitive in the sector when it comes to fees and trading costs. The exchange has grown exponentially from the early days of offering only crypto to crypto trading and they now offer a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
They currently offer Dogecoin (DOGE) cryptocurrency trading as well as over 300 other popular tokens. They are often the first to offer buying opportunities for new tokens.
Kriptomat
For people who are starting with cryptocurrency investment, Kriptomat might be a better option.
The government-regulated European cryptocurrency exchange offers purchase, store, send, and receiving cryptocurrencies.
One can transact for crypto via all major EUR payments and you can check out their fees structure in detail here.
More options
In case you want to pay for Dogecoin via Bitcoin or other cryptocurrencies, Changelly, ShapeShift and Bittrex are considerable options. The three platforms also charge less than 1 percent fees for their services.