Securities.io is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Cryptocurrency is not regulated by the UK Financial Conduct Authority and is not subject to protection under the UK Financial Services Compensation Scheme or within the scope of jurisdiction of the UK Financial Ombudsman Service. Investing in cryptocurrency comes with risk and cryptocurrency may gain in value, or lose some or all value. Capital gains tax may be applicable to profits from cryptocurrency sales.
Table Of Contents
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.
How to Buy Dogecoin (DOGE) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Dogecoin (DOGE) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Dogecoin – Use your funds to Buy DOGE.
Top Places to Buy Dogecoin (DOGE) & Crypto in the UK
A top exchange in the UK, Uphold offers over 80 cryptocurrencies including Dogecoin (DOGE). Uphold is serious about abiding with local regulations, and is registered with the Financial Conduct Authority (FCA) under the FCA’s Temporary Registration Regime for cryptoasset firms. They are located in the heart of London with a registered address of Suite A, 6 Honduras Street, London England EC1Y 0TH.
Uphold offers an easy to use desktop trading platform and a mobile app trading that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most and it has a very easy to navigate, and modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from the company who pride themselves on the usability of their platform. They have also added the ability to execute limit orders.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
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.
Launched in 2014 BitPanda 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 is a well-known name in the industry, and one of the most competitive when it comes to fees and trading costs. The exchange has grown exponentially from its early days of offering only crypto to crypto trading. It now offers a varied range of services including a P2P exchange capability, and purchasing with credit or debit cards.
KuCoin currently offers Dogecoin (DOGE) cryptocurrency trading as well as over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens.
This exchange currently accepts USA residents.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
You may like
Investing In Dogecoin (DOGE) – Everything You Need to Know
Investing In Baby Doge Coin (BABYDOGE) – Everything You Need to Know
Investing in Shiba Inu (SHIB) – Everything You Need to Know
Investing in Litecoin (LTC) – Everything You Need to Know
Investing In Bitcoin (BTC) – Everything You Need to Know
Investing in Monero (XMR) – Everything You Need to Know