The cheapest way to buy Dogecoin (DOGE) in the UK is on Binance. On this popular cryptocurrency exchange, you can deposit GBP with a UK bank transfer (for free) and then buy Dogecoin (DOGE) without paying high fees (max 0.1%).
Alternatively, you can buy Dogecoin (DOGE) with BC Bitcoin. However, you’ll normally pay at least 5% in fees for the little bit of added convenience it provides.
In this guide, I’ll show you the best places to buy Dogecoin (DOGE) in the UK with British Pounds (GBP).
Summary: Best Places to Buy Dogecoin (DOGE) in the UK
Don’t care about the details? Just want to know where to buy Dogecoin (DOGE) without all the fluff?
Here’s a summary of the best places to buy Dogecoin (DOGE) in the UK with various payment methods.
| Provider | Payment Method | Fees | Review |
|---|---|---|---|
| Binance | UK Bank Transfer | < 1% | - |
| Changelly | BTC & Altcoins | < 1% | - |
| ShapeShift | BTC & Altcoins | < 1% | - |
| Bittrex | BTC & Altcoins | < 1% | - |
| BC Bitcoin | UK Bank Transfer | 5% | BC Bitcoin Review |
| Bittylicious | UK Bank Transfer | 7% | Bittylicious Review |
| Bittylicious | Debit Card & Credit Card | 8% | Bittylicious Review |
| Cryptomate | UK Bank Transfer | 10% | Cryptomate Review |
How to Buy Dogecoin (DOGE) in the UK
1. Buy Dogecoin (DOGE) with GBP
The cheapest way to get Dogecoin (DOGE) is to exchange GBP for it on a cryptocurrency exchange that supports it.
In 2021, the only cryptocurrency exchange where you can buy Dogecoin (DOGE) directly with GBP is Binance.
Established in mid-2017, this is one of the best cryptocurrency exchanges in the UK. It currently supports more than 250 cryptocurrencies and has more trading volume than any other cryptocurrency exchange.
At the time of writing, Binance has 9 GBP trading pairs available to UK residents:
- BNB/GBP
- BTC/GBP
- ETH/GBP
- DOGE/GBP
- GBP/BUSD
- GBP/USDT
- LINK/GBP
- SXP/GBP
- XRP/GBP
You can deposit GBP into Binance for FREE with a UK bank transfer (via Faster Payments). You’ll then be able to buy Dogecoin (DOGE) on the DOGE/GBP spot market at the REAL exchange rate without paying more than 0.1% in fees.
These are some of the lowest fees you’ll pay on any cryptocurrency exchange.
(Hint: Click any image to expand it.)
It’s best to follow along with this process on a desktop computer, as you cannot currently deposit GBP using a bank transfer on the mobile app.
- Create an account on Binance.
- Before you can deposit GBP, you’ll need to verify your account. This means you’ll need to submit your ID and take a selfie. This will take a few hours to be processed.
- On the Binance homepage, click “Buy Crypto (GBP)” in the navigation and select “Bank Transfer”.
- Select “Faster Payments” in the left-hand box.
- Type-in how much GBP you’re going to deposit in the right-hand box.
- Press “Continue” when you’re happy.
- The right-hand box will change to show the bank account where you need to send the GBP.
- It’s critical that:
- You send from an account in YOUR NAME.
- The beneficiary name is entered correctly.
- You include your reference number.
- You’ll receive an email once your money has been credited into Binance. Your first deposit will take a little longer. But after this, your GBP should be credited into Binance within 10-15 minutes.
(Hint: Click any image to expand it.)
- Select “Markets” in the navigation bar on the Binance website.
- In the highlighted search bar, type in “GBP”. This will show you all of the GBP trading pairs on Binance (i.e., what cryptocurrencies you can directly buy with GBP).
- Find DOGE/GBP and click “Trade”.
- Scroll down to the highlighted area.
- Select the “Market” tab, and then enter how much Dogecoin (DOGE) you want to buy on the left side.
- Select “Buy DOGE” if you’re happy to proceed.
- You’ll see on the right-side that your DOGE balance has increased. Much wow!
- Want to a quick tutorial of how trading works on Binance? Check out this short video.
Click the button below to head over to their website.
2. Buy Dogecoin with a UK Bank Transfer (GBP)
There are only a few other places where you can buy Dogecoin (DOGE) directly with GBP via a UK bank transfer.
But you won’t get great rates.
To my knowledge: the current cheapest option is BC Bitcoin.
| Provider | Payment Method | Fees | Review |
|---|---|---|---|
| BC Bitcoin | UK Bank Transfer | 5% | BC Bitcoin Review |
| Bittylicious | UK Bank Transfer | 7% | Bittylicious Review |
| Cryptomate | UK Bank Transfer | 10% | Cryptomate Review |
BC Bitcoin sells Dogecoin (DOGE) and loads of other cryptocurrencies at the market rate – but does charge explicit fees (transaction costs and service fees). As I mentioned in my BC Bitcoin review, I like that they’re transparent with their fee schedule.
- Minimum order value is £100
- You’ll pay 5% in fees if you’re buying or selling less than £100,000
- You’ll pay 4% in fees if you’re buying or selling more than £100,000
With BC Bitcoin, you can submit a custom order to purchase multiple cryptocurrencies at the same time. Just contact them via your preferred method.
BC Bitcoin ReviewBC Bitcoin Website
What is Dogecoin (DOGE)?
Dogecoin (DOGE) is a fun, friendly, and light-hearted cryptocurrency which was forked from Litecoin (LTC) in December 2013 by Billy Markus and Jackson Palmer.
Dogecoin (DOGE) is based on the DOGE meme and was introduced as a joke currency. If you don’t recognise it, the Shiba Inu is the Japanese dog breed you’ll see plastered over the DOGE logo.
It’s pretty cool. I’m not alone in thinking that either…
Dogecoin might be my fav cryptocurrency. It’s pretty cool.
— Elon Musk (@elonmusk) April 2, 2019
Much wow! Much love.
#DOGE is man and woman's best friend
— Tyler Winklevoss (@tyler) February 4, 2021
Best Dogecoin (DOGE) Wallets
Unless you’re looking to actively trade cryptocurrencies, it’s not a great idea to keep your coins on an exchange. In short, a consistent recommendation across the cryptosphere is to withdraw any cryptocurrency ASAP to your own wallet.
The official wallet is available on desktop and mobile.
I prefer Atomic Wallet, which is a user-friendly multi-currency wallet available on desktop and mobile.
You could also use Coinbase Wallet, which is a mobile wallet which has just added Dogecoin (DOGE) support.
If you don’t already, consider getting a hardware wallet to store your Dogecoin (DOGE).
After testing nearly every cryptocurrency hardware wallet, I ranked the Ledger Nano S as one of my favourites. It supports loads of cryptocurrencies (including DOGE) and is available at a great price (about £50).
Ledger Nano S ReviewFind Out More (Offical Site)
Dogecoin (DOGE) is also supported by these other hardware wallets:
Any Questions?
Thanks for checking out this guide about how to buy Dogecoin (DOGE) in the UK!
Let me know in the comments section if you have any questions. I’ll get back to you ASAP.
Great guide, used it to buy my first crypto! Not that I’m planning on doing this any time soon but do you have a similar guide for getting selling Dogecoin and getting it back to GBP?
Welcome to the wonderful world of cryptocurrency, Matt!
Even though it is a memecoin, dogecoin is an awesome for learning about the ins and out of cryptocurrency in a fun way. I’ve used it before to show people how sending, receiving, and storing cryptocurrencies works – without paying loads of fees.
I don’t have a guide for selling dogecoin right now. But in short, most the places where you can buy dogecoin also allow you to sell it back to them for GBP or another cryptocurrency.
If you want to do this, then the cheapest path is going to be using a cryptocurrency exchange like Binance (which then allows you to cash-out into GBP if you wish). Although you can currently get reduced fees if you buy using BC Bitcoin after registering through this site, they’ll quote you prices which are about 5-7% above the spot price (i.e. real exchange rate) available on exchanges – which is quite a chunk!
I’m confused… If you use Atomic Wallet, why would you use a hardware wallet? If using something like atomic wallet, is that like making your phone a hardware wallet? Or is the currency still stored in the cloud?
Thanks for commenting, Jonathan!
Sorry for the confusion. Let me try clear it up.
Software wallets like Atomic Wallet are downloaded to your desktop or mobile phone. These are “hot wallets” which are non-custodial. This essentially means that you’re in control of the funds – Atomic Wallet doesn’t touch it.
The upside of a software wallet is that it’s free. They’re easy to use too. But the downside is that you’re responsible for keeping the funds secure. If your desktop or mobile phone is infected with malware, then you could lose everything. And if your device is lost/broken, you won’t be able to recover anything if you don’t have your recovery seed (which you get when you create a wallet).
Software wallets are great for small amounts of cryptocurrency, but many people don’t feel comfortable storing too much in them.
That’s where hardware wallets come into play. These are small devices that you can buy which cost a little bit of cash (e.g. Ledger Nano S, Trezor, Coldcard). In short, these are “cold storage wallets” which are designed to keep your funds safer.
There’s nothing wrong with using software wallets, but hardware wallets are worth checking out for long-term storage.