If you like cryptocurrencies, especially the crypto meme coin Dogecoin and eToro like crypto trading platforms but don’t know how to buy Dogecoin on eToro. So, In this article, I’ll tell you how you can buy Dogecoin through eToro.
If you are choosing the eToro platform for buying Doge meme coins then you can do it by manual investing or do social investing where can copy other popular investors and copy their techniques and strategies to implement in your portfolio.
What Is The Benefits Of Buying Dogecoin?
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Like most of the meme Cryptocurrencies the Dogecoin “DOGE” is one of the most popular cryptocurrencies. On December 13 two software engineers, Jackson Palmer and Billy Markus created Dogecoin. The coin is inspired by the Shiba Inu coin.
There are multiple benefits of buying and storing Dogecoin like…
- Dogecoin is affordable so you can purchase it easily and if it goes for a boom like Bitcoin then you might get rich in an instant.
- Like most other cryptocurrencies DOGE (Dogecoin) is based on the decentralized model so there is no option to censor the transactions.
- Dogecoin is one of the fastest crypto meme coins that can transact 33 coins per second. It is faster than the Bitcoin.
- The best part about Dogecoin is its fee structure. It has a very low transaction fee.
- Dogecoin is very popular so it is accepted almost everywhere.
The dogecoin is inspired by the Shiba Inu coin, an open-source cryptocurrency. The coin is inspired by Bitcoin’s traditional technique and created a lighthearted alternative that is not only fast but also secure. The secure environment blocks any third-party interference.
How To Buy Dogecoin On Etoro?
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If you want to know ‘How to buy Dogecoin on eToro’ then you have to follow these steps. But remember to research before investing in the Dogecoin because it is a crypto coin so you might end up losing all your money. Here is the step-by-step tutorial on how to buy Dogecoin on eToro.
Step 1
First, you need to download the eToro application on your device through the Play Store or App Store or you can visit their official website by clicking this link 
https://www.etoro.com/. Once you download the application just click on the ‘Start investing’ button and sign up using your details like name, email, Password, and other necessary details.
Step 2
Once you enter all details, click on continue and verify your account. After that just upload your government ID and other official document which is necessary for buying crypto.
Step 3
After that, deposit funds to your account. eToro offers you lots of payment options. Just select one of your likes and fund your account for buying Dogecoin through eToro.
Step 4
Then search for Dogecoin on the search bar of the application and select “DOGE” also you can track the Dogecoin price on eToro. Then click on the “Trade” button.
Step 5
Lastly, select the amount that you want to buy. Make sure that the amount is not more than the funds that you put on your eToro wallet in the 3rd step. When you select the amount, click on the purchase button to make the order. Once your order is executed, eToro will add dogecoin to your account automatically.
Now you have successfully learned ‘How to buy Dogecoin on eToro’.
Is eToro A Legit Platform To Buy Dogecoin?
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You have learned ‘How to buy Dogecoin on eToro’ but is the eToro the right platform m to buy and store the Dogecoin? Let’s find out the pros and cons of eToro.
| Pros | Cons |
|---|---|
| eToro offers a feature called social investing where you can match and analyze other best investor’s strategies and portfolio | The availability problem is the biggest issue in eToro. Many states restrict crypto trading and platforms that support crypto. |
| eToro is a mobile-compatible app that makes it a pocket-friendly platform for buying Dogecoin | There is no on-call customer service |
| Low brokerage andd other fees | Withdrawal fees. Even though the fees are small. |
| Zero hidden fees. eToro has no transparency. | eToro does not support crypto-to-crypto trading. |
| Easy to navigate and creating an account is a very seamless experience | |
| Lots of analytics tools and educational resources for free of cost. |
Which Is Better Dogecoin Or Apple Stock (AAPl) on eToro?
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Now you know ‘How to buy Dogecoin on eToro’. However, several investors and traders are confused about which one is better the cryptocurrency Dogecoin(DOGE) or the Apple stock (AAPL). Here I’ll provide you with the stats of Dogecoin and Apple stock. So that you can analyze them and select which one to invest in. DOGE or AAPL stock.
| Category | AAPL (Apple Stock) | DOGE (Dogecoin) |
|---|---|---|
| Market Cap | $37.7 billion USD | $8.32 billion USD |
| Total Supply | 15.775 billion AAPL | 141.37 billion DOGE |
| All-Time High | $190.01 per share | $0.74001000 per coin |
| Price Per share/coin | 1 AAPL = $178.39 US | 1 DOGE = 0.05887 USD |
CONCLUSION
In the end, You have learned ‘How to buy Dogecoin on eToro’. The eToro is a great and very popular platform to trade cryptocurrencies like Bitcoin, Shiba Inu, Pepe, and other crypto tokens. Remember it is not financial advice. Discuss with a financial expert before investing in any crypto cor stock through eToro. If you find this article helpful then let me know in the comment section. Want to learn more about crypto then follow our blog page for more content like this.
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