Best Dogecoin App UK 2022 – Top Places To Buy Doge Revealed!

There has been a big buzz about meme coins in the cryptocurrency market for some time. When they were first launched, the tokens were deemed a joke. However, as time went on, meme coins have grown significantly and are now considered as solid investment. A great example is Dogecoin, the largest meme coin by market cap.

This guide reviews the best Dogecoin apps available in the UK to help you invest safely online. We also explain all the tips to consider when investing in this token.

A Closer Look At The Best Dogecoin Apps in 2024:

Here is a list of the best Dogecoin apps we compiled. We have compared platform fees, regulations, trading tools, ease of use, etc.

If you’re looking for the best Dogecoin app for your needs, be sure to read our full reviews.

1. eToro – Overall Best App To Buy Dogecoin In The UK For 2024

As far as buying Dogecoin in the UK is concerned, eToro is hands down the best place to do so.

As a low-cost option when considering where to buy Dogecoin in the UK, eToro has also become popular with newer inestors. They are quite competitive in terms of fees, as they only charge 1% of the transaction price when a cryptocurrency is purchased or sold.

Among the features that make eToro stand out from the competition is that it offers its users the opportunity to engage in social trading using various social trading tools, such as Copy Trader and Smart Portfolio. 

Past performance does not indicate future results. 

With Copy Trader, the user can keep an eye on what other investors are doing and copy their portfolios to improve their own. Alternatively, a Smart Portfolio is a ready-made portfolio that allows users to diversify their assets without conducting market research themselves. 

When it comes to security, eToro has been regulated by a number of bodies thanks to its international activities and is based on the highest security standards in the industry. For example, segregated accounts are used to hold client funds, and an SSL certificate is used to encrypt all personal data. In addition, the developers at eToro are also always working hard to ensure the safety and convenience of the trading platform and app that is part of the eToro platform.

Not just Dogecoin can be bought on eToro; a wide range of cryptocurrencies is also supported, including Bitcoin and Ethereum. In addition, it is possible to trade forex, stocks, indices, ETFs, and other asset classes.

Moreover, aside from the desktop version of eToro, the exchange also includes a mobile platform available on the App Store and Google Play store. As a result, its users can easily access crypto.

Pros:

• There are nearly 50 top cryptocurrencies to trade, including Dogecoin
• Fees for buys and sells are fixed at 1%
• Research and analysis in-depth
• Copy trading is supported
• Crypto wallet included for free

Cons:

• Supports no decentralized finance apps

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

2. Alvexo – UK’s Fastest-Growing Dogecoin App

As an online CFD broker, Alvexo offers its customers a wide range of tradable cryptos, multiple accounts, and a wide range of educational materials. Moreover, Alvexo offers its clients two trading platforms: MetaTrader 4 and a web-based trading platform. It is widely known that the MT4 downloadable platform is widely used among investors, regardless of their experience level.

Many useful features can be found under the surface of the easy-to-use app. Daily signals, charting tools, real-time alerts, and risk management tools are just a few features available. Despite this, there is a minimum deposit amount of %500, which is far higher than what most other providers offer.

Whenever you trade with Alvexo, you will not be charged a commission fee. Instead, the broker’s ‘cut’ is generally taken from your position size as compensation for facilitating the transaction to charge commissions. Although some platforms charge as much as 3% in commissions, commissions vary from broker to broker.

Because Alvexo completely abolished commissions from a trading account, traders can save a significant amount in the long term on trading fees in the long run, especially if they are active traders. In addition, unlike other trade platforms, Alvexo offers 0% commissions on all tradeable instruments provided on its platform, making it one of the most competitive commission structures around.

Besides cryptocurrencies, Alvexo offers an array of other assets, including currency pairs, commodities, stocks, and indices. In other words, if you are looking for a way to diversify your portfolio successfully, then Alvexo might be a suitable choice.

Alvexo accepts all major credit/debit cards, wire transfers, and e-wallets like PayPal and Skrill regarding depositing methods. Neither deposits nor withdrawals are subject to fees, which is also the case for deposits. Alvexo allows users to withdraw in either USD or EUR, and it takes between three to five business days to complete the process.

This broker is a VPR Safe Financial Group Limited member regulated by the Cyprus Securities and Exchange Commission (CySEC). 

Pros:

• Spreads at competitive prices
• Easy-to-use features
• Free learning material

Cons:

• $250 minimum deposit

75.26% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.

3. OKX – Robust Dogecoin App With Competitive Fees

Those looking to buy and sell cryptocurrencies with low exchange fees should try OKX. By opening an account at OKX, you can easily buy crypto using your debit or credit card, bank account, or mobile wallet. In addition, when participating in the staking or saving features of the platform, it can offer exceptionally high yields in some cases.

The platform is used in over a hundred countries worldwide. Transactions on the platform can be conducted using about 300 cryptocurrencies. Beginners will appreciate its very simple interface, which makes it easy to navigate for those planning to trade on this exchange.

Generally, traders pay no more than 0.10% per trade, and their fees also fall for those holding the exchange’s native coin, OKB, in their wallets. By holding 500 OKB in their wallets, traders can receive 0.05% off their fees.

It is also worth noting that anyone who chooses to invest with OKX can use their crypto to benefit from a fiat loan by serving as collateral. This is a big bonus for UK-based investors as it allows them to temporarily purchase crypto without paying capital gains taxes.

In the same way that any top exchange should, OKX pays close attention to its customers and their deposited money. So as well as holding 95% of its clients’ funds in cold storage offline, OKX takes security a step further by storing the remainder of its assets in semi-offline wallets, which take the security one step further than holding them directly offline. With OKX being one of the few unhacked exchanges, the security approach seems to be working.

As well as offering educational resources and crypto-backed loans, this platform offers many helpful features designed to make trading easier and more efficient.

Pros:

• There are plenty of assets to choose from including DeFi tokens
• Fees that are among the lowest in the industry
• There is a lot of educational material available
• Crypto-collateralized fiat loans

Cons:

• Some cryptocurrencies have low liquidity

There is no guarantee you will make money with this provider.

Best Apps For Storing Dogecoin

1. MetaMask – Popular Dogecoin Wallet With Over 30M Users Worldwide

More than 30 million people have downloaded this crypto wallet, making it one of the most popular. While maintaining its user-friendly interface, MetaMask has many attractive and intuitive features.

The MetaMask platform supports thousands of digital coins, despite being popular among Ethereum enthusiasts. Furthermore, it gives users access to Web3 and lets them swap digital assets directly.

MetaMask has the advantage of aggregating data from different sources, one of its most impressive features. Doing this will get the most competitive price while paying the least network fees when you make a token trade. Furthermore, MetaMask avoids slippage by spreading your orders across multiple exchanges. Uniswap, Curve, 1inch, and other leading protocols help the wallet accomplish this.

In addition to its browser extension version, MetaMask is also available as an application for iOS and Android devices. If you opt for setting up on your computer, the process takes about five minutes, and you can install it on both Google Chrome and Mozilla Firefox.

MetaMask is known for its security level, as it generates passwords and keys for your devices on the App Store. It means that no one else can access your account credentials or information. This is one of MetaMask’s most appealing features. In addition, these passwords and keys are encrypted with your Secret Recovery Phase for increased security.

Within the wallet’s interface, you can also purchase cryptocurrency with MetaMask. Payment methods include credit/debit cards, bank transfers, and top-notch alternatives such as Apple Pay or Google Pay. Moreover, MetaMask guarantees your anonymity by not storing your payment information and relinquishing control over your cryptos.

Pros:

• Token support for thousands of coins
• Hardware wallets can be connected
• More than 21 million users a month
• Mobile, tablet, and browser-based

Cons:

• There can be a high fee for buying Ethereum
• Bitcoin is not supported

Your capital is at risk.

2. Binance Wallet – Suitable Crypto Wallet With A Wide Asset Selection

There is no doubt that Binance is one of the most popular cryptocurrency trading platforms, as we have already mentioned before. Additionally, it is equipped with its own blockchain network, where thousands of tokens can be stored. As a result, Binance is one of the top Dogecoin wallets for those who want storage and trading capabilities.

The Binance web wallet is a convenient way to store tokens, making it popular among investors. It makes it possible to track your investments on the move by connecting the web wallet to the Binance app. Alternatively, you can download Trust Wallet for your mobile phone, which Binance also supports. In both cases, Binance will handle the safeguarding of your private keys.

The latter option gives you full control over your backup passphrase and private keys. However, if you lose your private keys or your wallet is compromised, Binance will not be able to assist you. Nonetheless, Trust Wallet also provides access to decentralized applications, including Pancakeswap. Through this, you can access up-and-coming tokens based on Binance Smart Chain. 

Besides supporting more than 7 million crypto-assets and being used by more than 25 million users worldwide, Trust Wallet comes with a staking mechanism that supports 12 popular tokens. A wide variety of APYs is available, although some tokens offer more than 10% annually. NFTs are also supported, allowing you to buy on one of the best NFT apps and marketplaces and store your assets safely for a long time.

There is even a governance token called TWT that is associated with this wallet, so if you hold TWT, you will receive discounts on crypto purchases.

Pros:

• Provides support for hundreds of digital asset pairs
• Starting at just 0.1%, trading commissions are low
• Tokens can be sent, received, and swapped with ease
• Suitable for both beginners and experienced users
• Non-custodial wallets

Cons:

• It’s common for asset types to vary in terms of fees

Your capital is at risk.

What Is The Best Dogecoin App in The UK 2024?

As far as crypto exchanges are concerned, eToro is the one we recommend most highly. There are over 24 million registered users on eToro, one of the world’s largest trading platforms.

You become the full owner of Dogecoin when you purchase it with eToro. Buy and sell positions on eToro are charged a flat fee of 1% plus a bid-ask spread. In addition to not charging monthly or annual fees, eToro does not charge hidden charges.

The company also offers a free crypto wallet for Android and iOS, one of the best on the market. DDoS protection and advanced standardization protocols ensure the security of this wallet that supports a wide range of crypto assets. Furthermore, within the wallet’s interface, one can exchange crypto for another so that everything can be achieved in one place.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Are Crypto Apps Safe To Use?

Overall, the best Dogecoin apps in the UK mentioned above are considered to be safe. Nevertheless, several aspects still need to be taken into account to ensure that your investments are safe at all times. Namely, the factors described below:

UK regulation

Some decentralized crypto apps, such as MetaMask, are not regulated. However, this does not mean that they are not safe to use. There are other ways that an app can provide a layer of security to its users.

Security and privacy

Because cryptocurrency holdings can be highly valuable, crypto owners should be concerned about privacy.

Privacy is critical regardless of your crypto holding size because even small crypto holdings could have negative social consequences if your transactions are disclosed. In some cases, using crypto could make you a potential target for blackmail or harassment. This is because it is discovered that you use it to pay for sensitive products, financial accounts, or information subscriptions.

Fortunately, cryptocurrency apps are becoming more popular because of their security and transparency. In addition, blockchain technology increases investor confidence in the cryptocurrency market by making transactions secure and transparent.

As well as improving your crypto security, there are a lot of other additional possibilities you can take to ensure your crypto is as safe and private as possible, such as utilizing two-factor authentication, frequently withdrawing, backing up your seed words, and using a VPN.

How to spot a crypto app scam

Some of the warning signs to stay away from include things such as promises of guaranteed returns or profits that seem too good to be true. The return on financial investment cannot be guaranteed since the market is prone to volatility. Therefore, crypto offers that promise you are guaranteed to make money should be viewed with caution.

In addition, some crypto scams will recruit celebrities, businesspeople, or influencers to entice their fans and secure investments. In general, celebrities are not investment experts and followers should not take the products that they affiliate as advice.

It’s no different from crypto fraudsters attracting people with heavy marketing. To raise money as quickly as possible, this is intended to reach as many people as possible in the fastest amount of time. Proceed with caution if the marketing seems heavy-handed or extravagant claims are made without supporting evidence.

As with all things in life, not everything that glitters is gold. In either case, any Dogecoin app that promises tokens for free is also likely to be a scam.

What Is The Best Free Dogecoin App UK?

There is no doubt that eToro is the best free Dogecoin app to use in the UK. The most significant advantage of eToro over other exchanges is that it offers both an investing platform and a secure wallet.

Moreover, there are no ongoing fees as well. Therefore, you can keep your cryptocurrency investment for as long as you like.

What Is The Best Dogecoin App For Beginners?

Due to its easy sign-up process, low fees, and ease of use, OKX makes a great app for beginners looking to start investing in Dogecoin. In addition, several new features have been added to the platform to make it more user-friendly for beginners.

For instance, in the search bar, OKX traders can browse the portfolios of top investors through the leaderboard option. Aside from that, users can track their monthly progress and view their return on investment to stay on top of the best cryptos to trade every day.

OKX also offers a learning section for beginners. This section offers some crypto tutorials, such as how-to guides and explanations. Moreover, to better understand cryptocurrency trends, news pieces, and industry analyses, one can also access countless articles.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

Can You Use Dogecoin Apps To Buy Other Cryptos?

Dogecoin is not the only digital currency you can trade with most crypto apps; many other currencies are also available.

When creating a more diverse portfolio, choose a crypto app that provides a lot of access to several different markets to create a portfolio representing a broad range of your interests. As a result, investing in a potentially profitable token with your chosen crypto app will be simple.

What Are The Advantages Of Using An App To Trade Dogecoin?

If you are considering investing in Dogecoin using an app, let’s look at some reasons you may want to do so.

Manage orders on the go

It is now easier than ever before to trade Dogecoin on the go, from all over the world, and at any time with the best Dogecoin apps. Furthermore, if you own a phone or tablet that allows you to access cryptocurrency exchanges remotely, you can trade at your convenience. This is because you will only have to be in front of a computer or monitor some day long.

It has been found that speed is one of the main benefits associated with using those apps. Efficiently and intuitively, they are designed to make the exchange process easy. It is uncomplicated to place orders with cryptocurrency trading apps on the go instead of waiting for your computer or desktop to load up.

Easy-to-use interface

There are many Dogecoin apps available on the market that are designed to be convenient for the user. Whether you are a novice user or a seasoned trader, they allow you to quickly view prices and charts without waiting for the page to load.

When trading crypto smoothly and easily comes, an app with a straightforward interface is really important. The best apps help you to reach this goal since they are optimized for your operating system, whether you’re trading over your smartphone or computer.

There is no better way to find out if a crypto trading app fits your needs than to open a demo account and try it out yourself. As a result, when you place an order, conduct research, analyze pricing charts, etc., you will not have to put any money at risk on your order.

Low costs

If you are on a budget or looking to invest a small amount of money with a crypto app, there are plenty of options available for you to use. Moreover, you can get started with a trading account without meeting any astronomical minimum deposit requirements. Most of the time, you can buy and sell Dogecoin for just a few dollars per trade with minimal or zero commissions, which is one of the most significant benefits.

For instance, there is a $50 minimum deposit requirement for UK clients at eToro. Consequently, the only amount you need to buy Dogecoin is $50, which is a great deal for them as they can purchase fractional cryptos on this app.

Social trading

By letting others do the work for you, cryptocurrency social trading is a suitable way to save time and energy. The trading terminal does not require that you sit in front of it and manage trades. Nowadays, many crypto social trading platforms provide advanced control panels that let you automatically set the risk profile to take advantage of existing trends.

Moreover, social trading facilitates interaction and cooperation with other crypto traders in a useful manner. There can be discussions among traders about the best trades, and then they can pick one that seems to be the best based on their observations. In addition to learning from more successful traders, they can also learn a lot from how they conduct their analyses and trade.

Best Dogecoin App UK 2024 – Conclusion

Even though Dogecoin was created as a joke, it has become one of the most successful cryptocurrencies over the years. So, while the excitement over Dogecoin has faded, it may be just a matter of time before social media picks it back up again.

Are you interested in buying Dogecoin in the UK? Join eToro today and start trading cryptocurrencies as soon as you click the link below to get started. The minimum deposit required to open an eToro account is just $50. As a bonus, the investment process takes only minutes.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.

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