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PRESS RELEASE




HOW TO BUY DOGECOIN WITH PAYPAL

Published: Feb. 9, 2022 at 9:40 a.m. ET

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The MarketWatch News Department was not involved in the creation of this
content.

Simple Guide on How to Buy Dogecoin with PayPal

Feb 09, 2022 (CryptoPR via COMTEX) -- Today, we are going to be taking a look at
one of the most unique cryptocurrencies around- Dogecoin. There are many
different ways that you can buy Dogecoin, but in this article we are going to
concentrate mostly on how you can go about buying Dogecoin with one of the
world’s most popular payment methods, PayPal, make sure you stay informed and
read our article on how to buy Dogecoin, in case you want to consider other
possibilities. We will explain what Dogecoin can be used for as well as take a
look at some of the pros and cons of investing in it.


Advertisement

>>>Visit eToro Now<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

HOW TO BUY DOGECOIN WITH PAYPAL – QUICK STEPS

If you're looking for a brief overview of the best way to buy Dogecoin with
PayPal - then look no further! The four steps below highlight how to invest in
DOGE using PayPal with eToro – our recommended trading platform for beginners.


 1. Open an account with eToro - Head to eToro's homepage and click 'Join Now'.
    Enter your email address and choose a username and password for your
    account.
 2. Verify account - Verify your account by uploading proof of ID (passport or
    driver's license) and proof of address (utility bill or bank statement).
 3. Deposit - Click 'Deposit Funds', choose PayPal from the drop-down menu, and
    follow the instructions to link your account and make your deposit.
 4. Buy Dogecoin - Type ‘DOGE’ into the search bar and click ‘Trade’. Enter your
    investment amount (minimum $10) and click ‘Open Trade’.

>>>Open an Account with eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

WHAT IS DOGECOIN?

This cryptocurrency was originally created by two software engineers- Billy
Marcus and Jackson Palmer back in 2013. It might seem hard to believe now, but
it was actually created as a bit of a joke and a way to poke fun at Dogecoin.
It’s a cryptocurrency that we are sure you have heard of. The name and logo for
this cryptocurrency was taken from a really popular Internet meme at the time,
featuring a Shiba Inu dog and broken English.

However, nowadays, Dogecoin is far from a joke. In 2021, at one point, it raised
by over 800%, although it has suffered a bit of a decline since then as it is a
volatile cryptocurrency.

>>>Find Dogecoin on eToro<<<



Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

WHY BUY DOGECOIN WITH PAYPAL?

When deciding how to buy Dogecoin with PayPal, there are various factors to
contemplate whilst conducting your research. Found below are some of the top
reasons to consider using PayPal to purchase DOGE, as compared to other payment
methods.


Advertisement



>>>Find Dogecoin on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

SPEEDY DEPOSITS AND WITHDRAWALS

One of PayPal's main benefits is that deposits into your trading account tend to
arrive instantly. This is crucial in the fast-moving crypto market, as it can
ensure you're able to take advantage of lucrative trade opportunities.
Furthermore, withdrawals also tend to be speedy, with certain brokers processing
PayPal withdrawals in as little as one working day.

HIGH LEVEL OF SECURITY

PayPal has built up a stellar reputation thanks to its level of security - which
is why it’s used by thousands of merchants worldwide. Thanks to two-step login
and end-to-end data encryption, PayPal can keep your trading account safe from
hackers. Furthermore, PayPal sends users an email after every transaction,
ensuring instances of fraud can be caught and prevented.

USER-FRIENDLY EXPERIENCE

Linking your PayPal account to your trading account tends to be extremely easy.
For example, if you use eToro, you can connect your PayPal account in just a few
clicks and make deposits that arrive instantly. Withdrawals are also easy, as
once your withdrawal from the trading platform arrives in your PayPal balance,
you can then send it to your linked bank account to spend immediately!

GREAT MOBILE APP

The process of how to buy Dogecoin using PayPal is made much easier thanks to
PayPal's user-friendly app. Following on from our previous point, the app adds
to the user experience and allows you to track your transactions on the go. If
you decide to buy cryptocurrency with PayPal directly, you can even keep tabs on
your portfolio balance whilst you are out and about.

MULTIPLE CURRENCIES SUPPORTED

Finally, although you cannot buy Dogecoin with PayPal Credit, PayPal makes it
easy to conduct transactions worldwide as the platform supports 25 different
currencies. So, if you received a payment in euros and wish to exchange it for
dollars, you can do so with PayPal in just a few clicks. Once completed, you can
use these dollars to fund your trading account with a broker (such as eToro)
that accepts PayPal deposits!


Advertisement

>>>Find Dogecoin on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

WHERE TO BUY DOGECOIN WITH PAYPAL?

If you’re looking to buy Dogecoin online with PayPal, it’s vital to research
which brokers accept PayPal as a payment method. Found below are three of the
top platforms that allow PayPal to Dogecoin instant trading - ensuring you can
make your crypto investment quickly and safely.

1. ETORO - OVERALL BEST BROKER TO BUY DOGECOIN USING PAYPAL

eToro is our favorite PayPal Dogecoin broker for 2022. When it comes to
cryptocurrency trading, safety should be one of your top priority, which is why
eToro is so well-regarded. Top-tier regulatory bodies such as the FCA, ASIC,
CySEC, FINRA, and FinCEN oversee eToro. eToro users can trade safely and with
good investor protection thanks to this stringent regulation.

eToro users may buy Dogecoin using PayPal at exceptionally low fees. Because
eToro uses a spread-based structure, there are no transaction fees when opening
a trade. This means that customers must only pay the spread on both sides of the
trade, which is currently set at 0.75 percent for DOGE trading. Furthermore,
deposits are completely free - and the minimum deposit for new customers is set
at only $50!


Advertisement

>>>Find Dogecoin on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

2. WEBULL - TOP DOGECOIN TO PAYPAL BROKER WITH LOW FEES

If you’re wondering how to buy Dogecoin using PayPal, Webull is a viable option.
Webull has an excellent reputation in the United States, where it is regulated
by the SEC and FINRA. It’s a good choice because Dogecoin trading is 100%
commission-free, and users can invest in DOGE for as low as $1 every trade.

Webull is also has no non-trading fees and roughly 25 coins to invest in, making
it simple to build a diverse portfolio. Users can trade using Webull’s desktop,
online, or mobile apps, all of which are simple to use and appropriate for
beginners. The mobile app is really well designed, with clear pricing charts,
price notifications, and two-step login to increase security.

>>>Visit Webull Now<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.



3. BINANCE - BEST PAYPAL DOGECOIN BROKER OFFERING GREAT ASSET SELECTION

Binance is another excellent option for purchasing Dogecoin with PayPal. As you
may know, it’s the world’s largest cryptocurrency exchange, with over 500 crypto
assets available for consumers to invest in. Binance platform charges a 0.1
percent transaction fee when you purchase or sell cryptocurrency. This cost can
be lowered by up to 25% if you buy and hold BNB, Binance’s native coin.


Advertisement

This PayPal Dogecoin exchange offers a fantastic trading environment to users,
replete with comprehensive charting tools and a plethora of technical
indicators. You may even bet your crypto holdings using ‘Binance Earn,’ which
offers a plethora of financial products to customers. Finally, Binance provides
a free ‘Trust Wallet,’ which allows customers to safely store their coins and
even supports NFTs!

>>>Visit Binance Now<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

ETORO VS PAYPAL – WHICH IS BEST FOR BUYING CRYPTO?

Many individuals are interested in learning how to buy Dogecoin using PayPal.
However, it is crucial to compare the process to other methods in order to
determine which is ideal. Although you can buy DOGE with PayPal, the service
provided by leading trading platforms such as eToro considerably improves the
user experience. This is due to the fact that eToro is built purely for traders,
whereas PayPal’s crypto offering is only one of its many priorities.

To put it into perspective, eToro allows you to trade 43 different
cryptocurrencies, whereas PayPal only allows you to trade four. A big asset
selection, such as that offered by eToro, is essential for building a
diversified portfolio that will yield the best degree of risk-adjusted return.
Furthermore, eToro provides rich charting features with numerous periods and
technical indicators -- at the moment, PayPal does not provide any charting
alternatives.


Advertisement

>>>Open an Account with eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

HOW TO BUY DOGECOIN WITH PAYPAL ON ETORO - TUTORIAL

Finally, let’s look at how to buy Dogecoin with PayPal. As noted earlier in this
guide, we recommend using eToro to make your investment as the platform offers
extensive regulation and low trading fees. So, without further ado, here are the
four steps you need to take to buy Dogecoin with eToro right now:

>>>Find Dogecoin on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.

STEP 1 - OPEN AN ETORO ACCOUNT

Go to eToro’s website and click ‘Join Now’. Provide a valid email address and
choose a username and a password for your trading account. If you’d like, you
can even complete the sign-up process using eToro’s handy mobile app, available
on iOS and Android.



STEP 2 - VERIFY YOUR IDENTITY

Due to eToro's high level of regulation, new users must verify themselves. To do
so, click 'Complete Profile' and upload proof of ID (copy of passport or
driver's license). You will need a proof of address as well (copy of bank
statement or utility bill). eToro will then verify these documents, which
usually only takes a few minutes.

STEP 3 - DEPOSIT VIA PAYPAL




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Click ‘Deposit’ and choose PayPal from the drop-down menu. Follow the
instructions to link your PayPal account to your eToro account and deposit a
minimum of $50.

STEP 4 - BUY DOGECOIN



Type 'DOGE' or 'Dogecoin' into the search bar and click 'Trade'. Enter your
chosen trade size (minimum of $10), make sure everything is correct, and click
'Open Trade'.



HOW TO BUY DOGECOIN WITH PAYPAL - CONCLUSION

To summarize, this tutorial has shown you how to buy Dogecoin using PayPal from
the comfort of your own home. We told you which platforms accept PayPal and
charge the lowest costs. Now you’ll have a solid understanding of Dogecoin to
PayPal trading, allowing you to enter the market with confidence.

If you want to get started with a PayPal Dogecoin platform right away, we
recommend eToro. eToro is suitable for both novice and professional traders. It
has minimal fees, thorough regulation, and a plethora of charting options to
help you optimize your trading experience.

>>>Find Dogecoin on eToro<<<

Cryptoassets are a highly volatile unregulated investment product. No UK or EU
investor protection.


Advertisement

Source: CryptoPR

Media Contact:

Nelson Campelo

email: nelson@cryptopr.com

Tel: +44 20 3146 8423

St Magnus House, 3 Lower Thames St, London EC3R 6HA, United Kingdom



The post How to Buy Dogecoin with PayPal appeared first on CryptoPR.com.



COMTEX_402061342/2793/2022-02-09T09:40:57

Is there a problem with this press release? Contact the source provider Comtex
at editorial@comtex.com. You can also contact MarketWatch Customer Service via
our Customer Center.



The MarketWatch News Department was not involved in the creation of this
content.


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