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How to Buy Dogecoin with PayPal in 2022

Dogecoin PayPal
Author: Alice Leetham Updated: June 9, 2022

PayPal provides a secure and convenient way to purchase Dogecoin. You can find out just how easy the process is in this article, and we’ll also look at some of the best platforms that will let you buy DOGE with PayPal.

How to Buy Dogecoin with PayPal

The process is simple—just follow these three steps.

1. Sign up with our recommended platform

Fill in the registration form for your chosen platform and provide any documents required, such as a photo ID, to complete the KYC process. A regulated platform is the safest place to buy DOGE and you can use the link below to register with our top choice.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

2. Make a deposit using PayPal

You can fund your account by going to the deposit page on your platform and selecting PayPal from the list of available payment methods. Enter how much you want to deposit and simply transfer the funds.

3. Buy Dogecoin

Search your platform for the trading pair for DOGE and your newly deposited currency. If you want to specify a future price to buy at, create a limit order. Otherwise, you can create a market order to buy DOGE immediately at the current price.

Where to Buy Dogecoin with PayPal

There is a choice of platforms that will let you buy DOGE with PayPal and your personal preferences regarding factors such as features and fees will help you choose. To make things simpler, we’ve already shortlisted the best and safest platforms below.

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.

Pros & Cons of Buying Dogecoin with PayPal

Here are some factors to help you decide whether buying Dogecoin with PayPal is the right move for you.

Pros

  • Fast. PayPal is a quick payment solution—you can transfer funds in seconds.

  • Convenient. When you select PayPal as the payment method, all you have to do is enter your password—there’s no complicated process to go through.

  • Pay with credit. When you spend £99 or more with PayPal, you can use your credit limit and enjoy 0% interest for four months.

  • Secure. PayPal provides buyer protection, fraud protection, and data encryption to keep you safe when you spend online.

  • Cheap. There are no fees when you use PayPal as the payment method.

Cons

  • Account freezes. If PayPal’s algorithm detects what it deems to be suspicious activity on your account, it’s possible your account could be frozen without warning. 


Fees When Buying Dogecoin with PayPal

Although PayPal doesn’t charge any fees for using it as a payment method, there may be some other costs associated with purchasing Dogecoin. These include blockchain transaction fees and any spreads, commission, or trading fees charged by your broker or exchange.

Is Buying Dogecoin with PayPal Right for Me?

If you want a simple, fast, and secure way to purchase Dogecoin while avoiding having to pay fees, PayPal may be the ideal solution for you, especially if you already have a PayPal account. If not, you can easily set up a PayPal account in no time at all.

Frequently Asked Questions

  1. No. PayPal now supports the buying, selling, and holding of cryptocurrencies but Dogecoin is not among the cryptocurrencies currently supported.

  2. Click the “Sign Up” button on the PayPal website and select “Personal Account”. Fill in all the personal information requested and connect a credit card or bank account if you wish. Once you’ve verified your email address, you’re ready to start using PayPal.

  3. No. You can pay with a credit card or bank account linked to your PayPal account whether or not you have a PayPal balance.

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